+ Alan Norris to Executive Chairman @ Brookfield Residential Properties

+ Adrian Foley to CEO @ Brookfield Residential Properties

+ Danny Trevena to Sales @ Helcim

+ David Barthel, CEO @ Health Logic Interactive Inc., resigned

+ Emeka Ezike-Dennis to Special Projects Counsel @ Burnet Duckworth & Palmer LLP

+ Gary O’Connor, Director @ MTY Food Group, resigned

+ Harrison Ross to Interim CEO @ Health Logic Interactive Inc.

+ Jason Giborski to Of Counsel @ Fasken

+ Jason Leung to CFO @ Comtech Group

+ Jeff Forbes to CTO @ dentcorp Holdings Ltd.

+ Jerry McLean to CEO @ Babcock Canada

+ Joe Natale, Pres. & CEO @ Rogers Communications Canada Inc., fired

+ Joel Ivany to Artistic Director @ Edmonton Opera

+ Johanna Fipke to Director @ Nova Royalty Corp.

+ Mac Logan to General Mgr. of Infrastructure @ City of Kelowna

+ Matthew MacMullin to Head of Western Canada @ Modis

+ Mick Digler, Pres. & CEO @ Pembina Pipeline Corporation, stepped down

+ Ryan Daynes to Bus. Dev. Mgr. @ Swift Builders Ltd.

+ Scott Burrows to Interim Pres. & CEO @ Pembina Pipeline Corporation

+ Sheri Dolomont to Manager, Employee Relations @ Canadian Pacific Railway

+ Terri-Lee Oleniuk to Director @ Canadian Renewable Energy Association

+ Tony Staffieri to Interim Pres. & CEO @ Rogers Communications Canada Inc.

~ 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 ]

+ importance of emotional intelligence in the workplace

+ turnovers high with deskless workforce

+ workplace predictions for 2022

+ Dec. 1: ProMIS Neurosciences Inc. ; Special Meeting of  Shareholders, virtual-only

+ Dec. 8: Canadian Pacific Railway Limited, Special Meeting of Shareholders, virtual-only

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

+ COSIA study on commercial potential for geothermal energy from oil sands mines

+ GOA – providing TIER Funding ($1.375 million) to establish a hydrogen testing facility

+ Shell Canada in deal with Silicon Ranch for $100.0 million solar farm that will power 20% of power requirement for Scotford complex in Fort Saskatchewan

+ Successful negotiation is not about getting to ‘yes’, it’s about mastering ‘no’ and understanding what the path to an agreement it. – Christopher Voss

+ Pride is pleasure arising from a man’s thinking too highly of himself. – Baruch Spinoza

+ Calgary Planning Commission approved plans (with many conditions) the plans for the new arena facility – the Calgary Event Centre

+ Canadian Council for Public-Private Partnerships recognized two P3 Champions – Jim King and David Podmore

+ Synergy Projects Ltd. broke ground on 75-bed/$20.0 million recovery facility in Red Deer

+ Calgary Planning Commission approved plans (with many conditions) the plans for the new arena facility – the Calgary Event Centre

+ Canadian Council for Public-Private Partnerships recognized two P3 Champions – Jim King and David Podmore

*information in this section, relevant to Alberta/Calgary – for national and international news, go to our PROPERTYlines monthly publication

+ Concert CREC Commercial Fund LP acquired 1.2 million sq. ft. Lowe’s distribution facility from Highfield Investment Group for $120.0 million

*information in this section, relevant to Alberta/Calgary – for national and international news, go to our PROPERTYlines monthly publication

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 weekly newsletter

Est. July, 1999

FACILITYCalgary FREE

+ B.C. flood recovery efforts underway – roads re-opening

+ B.C. rail corridor reopening …

+ COSIA study on commercial potential for geothermal energy from oil sands mines

+ COVID-19 in Alberta full current stats – [ 5,311active cases – 463 in hospital, 98 patients in intensive care, deaths to date from COVID – 3,217 ] – booster 3^rd doses now available to Albertans over 70; QR codes now required to replace paper vaccination records – time to get the app

+ Cuda Oil and Gas Inc. in receivership; FTI Consulting Canada Inc. is the receiver/manager

+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; crude prices fell back this week – WTI @ US$76/bbl, Brent @ US$79/bbl; industry consensus is predicting continued rising prices through mid 2022 ; OPEC+ group is reassessing output levels – and, meanwhile, the U.S./Biden administration is expected to do a ‘swap’ to release stockpiled crude from the Strategic Petroleum Reserve in concert with other countries doing parallel strategic stockpile releases … tic toc

+ Enbridge Inc.’s Line 5 battle with the State of Michigan is now headed to U.S. Federal Court for resolution

+ GOA – providing TIER Funding ($1.375 million) to establish a hydrogen testing facility

+ Great-West Lifeco Inc. completed its sale of EverWest Real Estate Investors LLC and EverWest Advisors LLC to Sagard Holdings Inc.

+ HOUSING TRUTH – monthly residential newsletter: HOUSING TRUTH – CLICK HERE TO SIGN UP for our mailing list  –  archived issues …

+ Lynx Air business launched; low-cost Calgary-based airline

+ PROPERTYlines;  – monthly commercial real estate; archived Issues  

+ rig activity in Canada

+ rig counts (active/working) – US: up 7 to 563 this week; Canada: down 1 to 167 this week; full breakdown and international rig counts

+ Rogers/Shaw merger – CRTC hearings are underway – opening remarks

+ Shell Canada in deal with Silicon Ranch for $100.0 million solar farm that will power 20% of power requirement for Scotford complex in Fort Saskatchewan

+ Tenaz Energy Corp. announced its 2022CapEx Budget is $7.8 million

+ THIRD ACTion Film Festival are again running a 50/50 draw – info/buy tickets – for a draw on December 22^nd; only Alberta residents eligible

+ Trans Mountain pipeline, idled by B.C. storms/flooding/landslide expected to re-start by week’s end

+ U.S. GOM auction process has begun for rights to 80 million acres

+ Wolf Custom Homes Ltd. filed an assignment in bankruptcy; Grant Thornton is the trustee

+ AIMCo Realty Investors LP closed $500.0 million debt raise

+ Bold Capital Enterprises Ltd. is on the market to raise $2.0 million in equity

+ Canadian Pacific Railway Limited is on the market to raise US$6.7 billion in debt

+ Canadian Pacific Railway Limited is on the market to raise $2.2 billion in debt

+ Clutch raised $100.0 million in equity

+ Espresso Capital secured a $200.0 million credit facility

+ Flagship Communities REIT closed US$46.5 million equity financing

+ Freshlocal Solutions Inc. is on the market to raise $12.0 million in convertible debt by private placement

+ Hardwoods Distribution Inc. is on the market to raise $87.5 million equity raise

+ HiMama secured $70.0 million financing round

+ Metro Inc. is on the market to raise $300.0 million in sr. unsecured debt

+ Morguard REIT is on the market to raise $150.0 million in convertible unsecured sub debt

+ Nexus REIT closed $162.6 million equity financing

+ Obsidian Energy completed a $25.9 million equity raise

+ Redline Communications Group Inc. secured $7.0 million credit facility

+ Ridgewood Canadian Investment Grade Bond Fund is on the market to raise $7.5 million in equity by private placement

+ Sagard Private Equity closed $200.0 million first tranche of an equity raise

+ Simplyk closed $3.7 million seen funding raise

+ Sun Life Financial Inc. is on the market to raise $1.5 billion in unsecured sub. debt

+ 49 North Resources Inc. closed $1.662 million equity raise by a rights offering

*editor’s note: names companies involved in arm’s length debt and equity financing transactions we report in this section are ALWAYS the borrower; we report ‘fresh raises’ and do not report secondary offerings or non-arm’s-length transactions …

+ Nov. 24; Business Transition Forum, Westin Bayshore, Vancouver; info/register

+ Dec. 1-2; 30^th Anniversary Real Estate Forum, in-person & virtual, Fairmont Royal York, Toronto; info/registration

+ Dec. 6-9; World Petroleum Congress, Houston; info/registration

2022

+ Feb. 3; Business Transitions Forum, Westin Hotel, Calgary; info/register

+ Feb. 17-18; Canadian Concrete Expo, International Centre, Mississauga, ON; save the date

+ Mar. 31 – Apr. 1; National Heavy Equipment Show, International Centre, Mississauga; save the date

+ Apr. 6-8; Economic Developers of Alberta – EDA Experience 2022, Pomery Kananaskis Moutain Lodge, Kananaskis; info/partner/call for presenters

+ May 26; Top 7 Over 70 awards gala, Hyatt Regency, Calgary; info/tickets

+ June 7-9; Global Energy Show, Stampede Park, Calgary; awards nomination, info/registration

2023

+ Sept. 17-21; 24^th World Petroleum Congress – Energy Transition – the path to Net Zero, info/sponsorship/registration

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

+ Advantage Energy Ltd. published its 2021 Sustainability Report

+ Martello Technologies Group Inc. closed $1.0 million tranche of an equity raise by private placement

+ Minto Apartment REIT published its Inaugural ESG Report

+ Shawcor Ltd. published its 2020 ESG report