+ Alberta government netted $16.5 million in its October land sale
+ ATB Financial – THE OWL … Daily Economic Comment
+ ATCO Structures & Logistics landed a $150 million contract to supply a 1,900 bedroom lodge in the oilsands region of northern Alberta
+ Aux Sable Liquid Products LP announced US$130 million expansion to increase extraction and fractionation capacity by 24,500 barrels/day at its Channahon facility
+ Bank of Canada Governor worried inflation is too low, housing prices and prolonged low interest rates
+ BCE Inc. closed is $3.95 billion acquisition of Bell Aliant
+ BG Group Plc plans delay till next-decade, its plans for a west coast LNG export facility
+ Calgary Film Centre broke ground on its 20,000 sq. ft. facility at 5750 – 76 Ave. SE; $22.8 million project planned to open fall-2015 ; William White International is lead tenant
+ C.D. Howe Institute issued: The 2014 C.D. Howe Institute Business Tax Burden Ranking
+ Chinook Energy Inc. announced its 2015 CapEx Budget is $135 million
+ City of Calgary 2015-2018 budget in the works; 2015 looking like $22 billion, average bump for homeowners would be $200/yr.
+ City of Calgary planners released new rules allowing woodframe construction for mid-rise condo projects; makes 5-6 story stick-built projects possible
+ current energy prices: live link to Bloomberg.com commodities data ; U.S. crude price fell below US$80/barrel, Brent below US$85 on disparity between U.S. and China economic data and reported Saudi price cuts, and currency swings …
+ Devon Canada & BP Plc got Government of Alberta approval to proceed with their Pike SAGD project; expected production commencing end of 2018. Total project cost not disclosed but estimates put it over $7.63 billion …
+ Dominion Resources Inc. commenced construction on its US$3.4 billion Cove Point LNG export project
+ Donnybrook Energy Inc. changed its name to Stonehaven Exploration Ltd.
+ Exxon Mobil Corp. announced its 2015-17 CapEx Budget is US$37 billion
+ first oil flowing from Golden Eagle field in North Sea; operator is Nexen Petroleum UK
+ Genoil Inc. signed an agreement with a division of CNOOC to build and operate a US$700 million refinery
+ Government of Alberta launched a new rural economic initiative
+ Harvest Hills Golf Course sold to Cedarglen Homes for redevelopment
+ Hess Corp. announced it will proceed with its US$6 billion Stampede (Gulf of Mexico) project notwithstanding softening crude prices
+ Marathon Petroleum Corp., BP plc and All American LP are looking at reversal of Calpine pipeline system to move Bakken and Alberta oil to the gulf coast
+ NuVista Energy Ltd. announced its 2015 CapEx Budget is $340 million
+ One World Trade Centre, 104 story, US$3.9 billion is now open; first tenant Conde Nast publishing firm started moving in yesterday
+ Petroleum Services Association of Canada forecasts 10,100 wells will be drilled in 2015, down slightly from 2014; forecast is average meters/well of 2,400
+ PWC issued their Emerging Trends in Real Estate 2015 report
+ Remington Development Corp. is developing a 90,000 sq. ft. headquarters building for Computer Modelling Group in the University Research Park area; occupancy spring 2017.
+ Shaw Cable and Rogers Communications are launching an online streaming service called Shomi to compete with Netflix
+ TransCanada Corporation filed application to regulators for its $1.5 billion Eastern Mainline Natural Gas project in southern Ontario
+ TransCanada Corporation expanding Canadian Mainline System to connect Marcellus gas production to eastern Canadian markets; $475 million capital cost
+ TransCanada Corporation, through sub. NOVA Gas Transmission Ltd., to spend $2.7 billion on expansions through to 2017
+ TransCanada Corporation filed application (a mere 30,000 pages!) to regulators for its Energy East pipeline project which will take Alberta oilsands crude to Quebec and New Brunswick tidewater by converting an existing natural gas pipeline; project will costs $12 billion. Oil will flow to Quebec in 2017, to St. John in 2018. Quebec environmentalists concerned about Beluga habitat are opposed as are some Ontario natural gas sellers …
+ U.S. midterm elections today; control of the Senate is likely to be tight; more importantly for Canadians, a decision on Keystone XL pipeline may .. finally .. be coming soon .. tic toc
+ Veresen Inc. got U.S. regulator approval for its US$1.425 billion acquisition of 50% interest in Ruby Pipeline
+ Yoho Resources Inc. engaged advisors for a strategic review of its Duvernay assets