FACILITYCalgary

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FACILITYCalgary May 6/25

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 THIS WEEK - NEWS SUMMARY 

  November 13 ~ 19, 2024 


 
 QUOTES 

+ Yesterday is but today’s memory and tomorrow is today’s dream. - Khalil Gibran

+ It’s a good place when all you have is hope and no expectations. - Danny Boyle




 KUDOS 

+ to Classroom Champions – their sold out Barney Bentall fundraising concert on Friday raised a lot of money [ $100,970.50 raised of $100K goal ]  for their services to children

+ to Nancy Southern – 2024 recipient of the Patriot Award




 
- FACILITY Calgary - now in it's 26th year - every Tuesday morning - getting better, growing our audience, offering 'things you want to know' to people who want to know it

 
                                                                                                

 
 Sponsors of this week's issue:

visit: Premiere Van Lines Calgary / www.pvlcalgary.com
e-mail:  calgary@pvlcalgary.com
 
OFFICE MOVERS

 


 
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ROCKY VIEW COUNTY
Business & Economic Development

 


 
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BennettJones.com

 


 
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Visit: https://falkbuilt.com/
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E-mail: thom.hinton@falkbuilt.com
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To FACILITYCalgary readers:  in this section of our weekly publication we will host (subject to publisher's discretion and space limitations) information and links to help charities and not-for-profit fundraising campaigns - we are happy to help promote your causes; please submit your information and requests to: kolke@facilitycalgary.com

 CHARITY - Not-for-profit - fundraising ... 
HELP WANTED ...

 
DONATION INFO/OPTIONS

 
 
 
DONATION INFO/OPTIONS

 
A message from FACILITYCalgary publisher Mark Kolke.
We are pleased to celebrate our relationship with iGIFTsight - a Calgary-based Canadian charity with a Canada-wide mission; if you've not heard about iGIFTsight, we urge you to invest a few moments of your time - click on a link to the site. You'll learn there is an unmet need for vision service in our communities. Getting eye exams, treatment, glasses and other corrective actions is something most of us take for granted as something we have funds or a benefit program, or that services are available where we live. This is made worse when families are already stretched so very far. If you can help, please consider helping in any that you can.

 
DONATION INFO/OPTIONS

 
                                                                                                

 
                                                                

  NEWS THIS WEEK  


+ Canada Post workers are on strike; all mail disrupted – and negotiations continue with the Government of Canada’s Labour Minister has no plans to the government to intervene ...

+ City of Calgary water main breaks … the saga continues: investigations preliminary findings

+ City of Calgary – GreenLine update – province flexing its financing muscles

+ current energy prices; live links to Bloomberg energy prices / OilPrice.com / BOE INTEL ~  WTI @ US$68/bbl; Brent @ US$73/bbl ~ traders anxiety … slowing Chinese demand continues, Norway output shut due to massive power outage and concerns rise on Russia-Ukraine concerns

+ eyes on COP29 – the 29th Conference of the Parties, a United Nations initiative:

+ fire season 2024 is nearing over; threat is low: 15 fires remain active in Alberta –  all ‘under control’

+ FACILITYCalgary, a sponsor-supported FREE weekly newsletter; ‘send time’ is early every Tuesday

+ Mayoralty race watch – Calgary’s election is a year away: Gondek undecided on running again, Jeff Davison declared, Brian Thiessen declared; and still rumoured to be running – Sonya Sharp, Dan McLean, Joyti Gondek so far

+ MONDAY MORNING MINUTE - a weekly inspiration message and a selected quote in your inbox weekly; check out the new format; click here to sign up ;  click here for this week’s posting

+ Paramount Resources Ltd. agreed to sell a portfolio of assets to Ovintiv Inc. for $2.325 billion

+ Peyto Exploration and Development Corp. announced its 2025CapExBudget is $450.0 million

+ RBC Canadian Core Real Estate Fund completed an $860.0 million portfolio/40 property asset purchase from BCIMC’s QuadReal Property Group

+ REITrag – is a curated news publication real estate investment trusts; all Canadian REITs and adding American and European listings; available by subscription; sign-up form

+ rig activity in Canada, courtesy of BOE Report

+ rig counts/utilization (active/working) – US: down 1 to 584 this week; Canada: down 7 to 200 this week




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SHAKERS AND MOVERS 
appointments and disappointments 

+ Fanny Chantal to Interim CFO and Treasurer @ Sonor Investments Limited

+ Francis Baillargeon to CFO @ RF Capital Group Inc.

+ François Rolland to Indigenous Communities Facilitator @ Hydro-Québec

+ George Armoyan to Board Chair @ Slate Office REIT

+ Jasdip Dhaliwal, Director @ Prospera Energy Inc., resigned

+ J'Maine Chubb, CFO @ Troonto Pearson, resigned

+ Kevin Kerr to Executive Managing Dir., Portfolio Solutions @ Ontario Teachers’ Pension Plan

+ Michelle Brown to Head of Canadian Properties @ BGO Properties

+ Nicolas Lavoie to CFO @ Alithya Canada Inc.

+ Nicolle Butcher to Pres. & CEO @ Ontario Power Generation

+ Paul Hebert to to Pres. @ Canadian Institutes of Health Research

+ Phil Witherington to Pres & CEO @ Manulife

+ Roy Gori, Pres. & CEO @ Manulife, retiring

+ Samuel David, Director @ Prospera Energy Inc., resigned

+ Shant Polodian to Trustee @ Slate Office REIT

+ Stephanie Mason to CFO @ Greelane Renewables

+ Steven Van Wyk to Director @ Scotiabank

~ Note: links in this section are to LinkedIn profiles where available and otherwise to a relevant posting of the appointment. -  [ send us your appointment notices  kolke@facilitycalgary.com ]




 REMEMBRANCE 

+ John Horgan; former Premier of British Columbia; 65

+ Ross Lizotte; founder of Lizotte & Associates, veteran Edmonton industry leader; 83




THIS WEEK IN FINANCINGS 
- proposed & closed

+ BioVaxys Technology Corp. is on the market to raise $1.0 million in equity by private placement

+ Dentalcorp Holdings Ltd. is on the market to raise $100.0 million in equity

+ Dream Summit Industrial LP closed a $250.0 million sr. unsecured debt raise

+ InVintory secured a $2.3 million financing

+ NOVA Chemicals Corporation is on the market to raise $400.0 million in sr. unsecured debt by private placement

+ Plazacorp Willowgrove Residential Real Estate Development Trust is on the market to raise $75.0 million by IPO

+ RBC Canadian Core Real Estate Fund is on the market to raise $250.0 million in unsecured debt

+ Tenaz Energy Corp. closed $140.0 million sr. unsecured debt raise

+ Tuktu Resources Ltd. is on the market to raise $10.0 million in equity




 HR Resource + Workplace Trends + HSE 

+ Blackline Safety published a white paper -  Navigating Radiation Risk

+ Canadian veterans transition to civilian careers

+ Tech hiring surge

+ youth unemployment costs will be staggering – report ‘Failure to Launch’




 TECHNOLOGY / AI Trends 

+ Government of Canada launched Canadian Artificial Intelligence Safety Institute

+ Modine opened a 250,000 sq. ft. facility in Calgary to manufacture data centre equipment




 CLIMATE CHANGE + LEED + RENEWABLE ENERGY 

+ eyes on COP29 – the 29th Conference of the Parties, a United Nations initiative, in its second week – summary of 1st week’s activities

+ Government of Canada announced $18.6 million funding for 1,600 new EV chargers

+ opposition to re-emerged Grassy Mountain coal project is arising in the face of AER hearings coming up which are supported by the UCP ... tik tok




 CONSTRUCTION - BUILDING SERVICES 

+ Intact Financial Corporation acquired Jiffy – home maintenance APP




 CORPORATE RESPONSIBILITY + ESG REPORTS 

+ Pet Value Canada Inc. published its 2023 ESG report




 REITs + TRUST NEWS 

+ FC Private Equity Realty Management Corp. and Telsec Property Corporation lobbying unitholders for their bid for Melcor REIT units

+ Melcor REIT lobbying unitholders to accept their proposal, reject mini-tender offer

+ Melcor REIT proposed arrangement

+ REITrag covers activity and announcements on the activity of real estate investment trusts - REITs: - sign up at: https://markkolke.substack.com/s/reit-rag




 INTERESTING TRENDS: RETAIL 

+ Mercedes-Benz in downtown Calgary acquired a new test-drive facility for it’s high performance cars; they bought the Cayley Flying Ranch Airport ... race-on!

+ Seven & iHoldings is considering a rival takeover bid vs. Alimentation Couche-Tard offer

+ Stokes Inc. went into CCAA creditor protection – EY is the monitor;  will liquidate 45 stores, will retain 50 stores in Ontario and Quebec




 INTERESTING TRENDS: MULTI-RES 

+ Calgary City Council approved the sale of Franklin LRT site for multi family development; decision allows city staff to negotiate the sale with lead proponent from a competitive process




 INTERESTING TRENDS: OFFICE 

+ co-working space / flexible work demand continues – up 7% in U.S. market trend

+ garden walls ... healthy impacts

+ reinventing workplace design – Scotiabank office example




  SHAREHOLDER / INVESTOR MEETINGS 

2024

+ Nov. 21; Killam Apartment REIT, Special Meeting of Unitholders, Halifax

+ Nov. 26; Melcor REIT, Special Meeting of Unitholders, Edmonton

+ Dec. 12; RecycLiCo Battery Materials Inc., Annual General Meeting, Surrey

+ Dec. 16; Cielo Waste Solutions Corp., Annual General Meeting, Calgary

+ Dec. 17; Dye & Durham Limited, Annual General Meeting of Shareholders, Toronto

+ Dec. 18; Frontenac Mortgage Investment Corporation, Special Meeting of Shareholders, Sharbot Lake, ON

+ Dec. 19; STEP Energy Services Ltd., Special Meeting of Shareholders, Calgary

2025

+ Jan. 7; Eres REIT, Special Meeting of Unitholders, Toronto

+ Jan. 14; FuelPositve, Annual General Meeting, Winnipeg

~ some guidance on conducting virtual shareholder meetings, provided by BD&P

[ please send your event notices and AGM notices to  kolke@facilitycalgary.com ]




 CHARITY GOLF EVENTS 

~ [please send your 2025 charity golf event notices to kolke@facilitycalgary.com ]




 UPCOMING EVENTS / SAVE THE DATE 

+ Nov. 21-22; Consulting Engineers of Alberta – Young Professionals Conference, Kananaskis Mountain Lodge; registration

+ Dec. 4-5; Real Estate Forum, Metro Toronto Convention Centre; Toronto; register

2025

+ Jan. 7-10; CES 2025 (Consumer Electronics Show, register

+ Apr. 4; Consulting Engineers of Alberta – Showcase Awards Gala 2025; Edmonton Convention Centre

+ Mar. 25-26; Clean Fuels, Canada Summit – Westin Airport Hotel, Calgary – registration opens Dec/24

+ Aug. 11-14; Global Indigenous Languages Summit – WAVES 2025, Ottawa; save the date

+ Nov, 20-21; Decentralized Energy Forum, Chateau Frontenac, Quebec City; tickets

[ please send your event notices and AGM notices to kolke@facilitycalgary.com ]




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Unless otherwise noted, everything on this website is Copyright  Protected - © 1999 - 2025 - Mark Kolke, Publisher / MaxComm  Communications/Waterglass Press, units of PLANDflex Corporation, all rights reserved.


Our mailing address is: 6204B Burbank Road SE, Calgary, T2H 2C2, Canada

this site last updated May 6, 2025