FACILITYCalgary

+ Mastery is the best goal because the rich can't buy it, the impatient can't rush it, the privileged can't inherit it, and nobody can steal it. You can only earn it through hard work. Mastery is the ultimate status. - Derek Sivers

+ to Neil Rossy, of Dollarama – named 2024 CEO of the Year by Report on Business Magazine

+ to Vivian Manasc / Reimagine Architects proposal to save and repurpose the old Royal Alberta Museum building in Edmonton  

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+ Armco Alberta (G2S2 Capital Inc.) acquired First Canadian Centre; 41-story/540,000 sq. ft.

+ Automotive Properties REIT acquired two Montreal area heavy equipment dealerships for $25.4 million

+ Brookfield Properties and CBRE have formed a partnership to manage Brookfield’s office assets (65 million sq. ft.) in Canada and the United States – 19 properties, 12 in Toronto and 7 in Calgary

+ Canada Post workers are on strike; 2^nd week is showing up disruptions for many; 85,000 passports being held, Canada Post reported a $315.0 million 3^rd quarter loss

+ CN workers voted in favour of strike action ... tik tok

+ ConocoPhillips closed it’s acquisition of Marathon Oil Corporation

+ current energy prices; live links to Bloomberg energy prices / OilPrice.com / BOE INTEL ~  WTI @ US$69/bbl; Brent @ US$73/bbl ~ J.P. Morgan predictions for 2025 crude prices; Goldman Sachs take on 2025 pricing … improving economy in China and Ukraine war impacting demand

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

+ fire season 2024 is nearing over; 14 fires remain active in Alberta – all are ‘under control’

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

+ Government of Alberta announced $50.0 million funding for the Alberta Drilling Accelerator – an open access test site for proving out new technologies

+ Government of Alberta ‘master plan’ for passenger rail is scheduled for release in mid-2025

+ Government of Alberta is introducing a new auto insurance plan – rate cap to be lifted, rights to sue to be altered

+ Government of Alberta forecasting $4.6 billion surplus but warns of revenue uncertainty in 2025

+ Government of Canada giving a tax break – GST exemptions on grocery and other items; $250/person Working Canadians Rebate by spring

+ Grand theatre made a new deal; got a reprieve – new deal with Allied REIT

+ KingSett Capital Inc. halted distributions from its flagship fund

+ KPMG’s 2024 Canadian CEO Outlook report shows ESG as a top priority

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

+ Melcor REIT and Melcor Developments Ltd. reached an Amended and Restated Arrangement Agreement, canceled special meeting and will call a new meeting for unitholders to approve

+ MEG Energy Corp. announced its 2025CapExBudget it $635.0 million

+ 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

+ Parkland Corporation announced its 2025CapExBudget is $475.0 million

+ 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 583 this week; Canada: up 1 to 201 this week

+ Strathcona Resources Ltd. announced its 2025CapExBudget is $1.35 billion

+ Sunshine Oilsands ordered to shut down by AER

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+ Aptose Biosciences Inc. closed an $8.0 million equity raise

+ Groupe Dynamited Inc. is on the market to raise $300.0 million in equity by IPO

+ Lithium Energi Exploration Inc. closed its final tranche of a $4.11 million equity raise

+ Metro Inc. is on the market to raise $500.0 million sr. unsecured debt raise by private placement

+ Nuclear Fuels Inc. closed $13.9 million in two equity raises

+ Odd Burger Corporation is on the market to raise $1.0 million in equity by private placement

+ Qscale secured $320.0 million credit facility

+ Saltire Capital Ltd. secured a US$12.0 million credit facility

+ Tuktu Resources Ltd. closed a $10.0 million equity raise

+ Canadian employer medical costs to spike in 2025

+ Canada funding for upskilling 20,000 digital talent workers

+ top cities for digital nomads - 2025

+ Anthropic got a US$4.0 billion infusion from AWS ..

+ Google ordered to sell Chrome

+ Government of Alberta is introducing a new auto insurance plan

+ G o C working with INTERPOL to fight organized crime autothefts

+ slow down, we move to fast ...

+ Canadian government efforts on plastic polution

+ Labatt expands its EV fleet

+ Northvolt filed for bankruptcy protection; viability of Canadian plant in question/exposure of pension funds ...

+ Captsone Infrastructure Corporation published its Inaugural ESG Report

+ EY Canada Impact Report 2025 on innovation, inclusion and sustainability

+ KPMG’s 2024 Canadian CEO Outlook report shows ESG as a top priority

+ TELUS published its 6^th Annual Indigenous Reconciliation and Connectivity Report

+ Automotive Properties REIT acquired two Montreal area heavy equipment dealerships for $25.4 million

+ Grand theatre got a reprieve – new deal with Allied REIT

+ Melcor REIT and Melcor Developments Ltd. reached an Amended and Restated Arrangement Agreement, canceled special meeting and will call a new meeting for unitholders to approve

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

+ Armco Alberta (G2S2 Capital Inc.) acquired First Canadian Centre; 41-story/540,000 sq. ft.

+ Brookfield Properties and CBRE have formed a partnership to manage Brookfield’s office assets (65 million sq. ft.) in Canada and the United States – 19 properties, 12 in Toronto and 7 in Calgary

+ CN workers voted in favour of strike action ... 

2024

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

+ Dec. 6; Liberty Defense Holdings Ltd., Annual General Meeting; virtual

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

+ 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; Cielo Waste Solutions Corp. Annual General Meeting, Calgary meeting canceled

+ Dec. 19; STEP Energy Services Ltd., , Calgary

2025

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

+ Jan. 9; Progressive Planet Solutions Inc., Annual General Meeting, Vancouver

+ 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 ]

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

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

+ Dec. 16; Transition Accelerator – A Prioritization Framework Webinar, virtual; register

2025

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

+ Jan. 23; CEA Partnering with Industry Symposium, Royal Glenora Club, Edmonton; 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 ]