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FACILITYCalgary May 27/25

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 THIS WEEK - NEWS SUMMARY 

  October 30 ~ November 5, 2024 


 
 QUOTES 

+ Don’t be afraid to give up the good to go for the great. - John D. Rockefeller

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




- 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

                                                                                                    

 
DONATION INFO/OPTIONS

 
Your donation to iGIFTsight.ca helps poor kids see (YES, Canadian kids) - I've taken on a role with this very worthy work - a Calgary based charity with a national plan. I'm not asking anyone to switch the charities you support - and I'm asking you to add this one. Your money goes a long way. For instance, a $75.00 donation puts glasses on the faces of five kids who can't see the board. How can we do that?  Parntnerships, relationships, suppliers and creativity, volunteers and trust.

Mark Kolke, VP Fund Development, i GIFT sight

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

 
 
DONATION INFO/OPTIONS

 
 
                                                                                                    

 
 Sponsors of this week's issue:

 
 
Visit: https://falkbuilt.com/
~
E-mail: thom.hinton@falkbuilt.com
~
DIGITAL COMPONENT CONSTRUCTION

 


 
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visit: Premiere Van Lines Calgary / www.pvlcalgary.com
e-mail:  calgary@pvlcalgary.com
 
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ROCKY VIEW COUNTY
Business & Economic Development

 
 


 
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BennettJones.com

 


 
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CONTACT MARK KOLKE 
PROPERTY MANAGEMENT SERVICES

OFFICE AND INDUSTRIAL LEASING

RETAIL LEASING AND SALES

 
                                                                                                    

 
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  You won't want to miss these: 


+ American election day – Presidential contest predicted to be very close … maybe

+ Canadian container ports shut – strikes in Vancouver and Montreal

+ Corus Entertainment Inc. - advisors exploring sale of Shaw family controlled

+ crude prices up on OPEC+ news

+ Government of Canada – released DRAFT regulations for emissions cap

+ Melcor REIT calling special meeting of unitholders


                                                                

  NEWS THIS WEEK  


+ American election day today; all predictions and media sources seem to be alarmed that the Presidential election – Trump v. Harris – is very close, too close to call etc.; the first poll to open, close and announce the result, by the 6 voters at Dixville Notch, New Hampshire – 3 for Harris, 3 for Trump … tic toc

+ Bell Canada (BCE) agreed to acquire Ziply Fiber for $7.0 billion

+ Brookfield Asset Management Ltd. is relocating its head office from Toronto to New York in a move to atttract a broader spectrum of investors; 73% currently owned by Brookfield Corp.

+ Canadian container ports are SHUT DOWN; strike action in Vancouver and Montreal

+ Corus Entertainment Inc. engaged advisors to explore a potential sale … following it’s renewal/reduction of credit facilities and annual results

+ current energy prices; live links to Bloomberg energy prices / OilPrice.com / BOE INTEL ~  WTI @ US$71/bbl; Brent @ US$75/bbl ~ crude markets buoyed as OPEC+ has postponed adding supply to the market

+ eStruxture Data Centers is building a $750.0 million data centre is Rockyview County

+ fire season 2024 is nearly an end: 24 fires remain active –  all ‘under control’

+ fire season 2024 recovery: Parks Canada changing land use policy for Town of Jasper

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

+ GardaWorld closed its acquisition of Stealth Monitoring

+ Government of Canada – released DRAFT regulations for emissions caps; Premier Smith is upset at the 35% cap below 2019 levels by 2030, saying it will "lead Alberta and our country into economic and societal decline” and is eyeing a legal challenge ...

+ Green Line saga; CEO ‘resigning’…

+ Mayoralty race watch – Calgary’s election is a year away: Gondek undecided on running again, Jeff Davison declared, Brian Thiessen declared … 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

+ Montfort Capital Corp. closed its $4.5 million sale of TIMIA Group to Round 13 Capital

+ Plains Environmental is on the block; Interim Receiver Ernst & Young commenced a sale solicitation process

+ Razor Energy Corp. agreed to sell itself to Texcal Energy Canada Inc. under its CCAA protection

+ 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: steady at 585 this week; Canada: down 3 to 213 this week

+ Rubellite Energy Inc. and Perpetual Energy Inc. to re-combine ... - and completed the deal

+ STEP Energy Services Ltd. agreed to private equity take-private transaction

+ Westridge Renewable Energy Corporation closed the sale of a 75% interest in its 332MW/Sunnynook Solar PV project to METLEN for $41.44 million




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SHAKERS AND MOVERS 
appointments and disappointments 

+ Brent Hesje to Director @ EPCOR Utilities Inc.

+ Carla Male, CFO @ City of Calgary, relieved of duties

+ Caroline Goulian to CFO @ Reitmans (Canada) Limited

+ Chris Gower to Pres. & CEO @ PCL Construction

+ Darshpreet Bhatti, CEO, Green Line LRT @ City of Calgary, resigned ...

+ Dave Filipchuk to Board Chair @ PCL Construction Holdings Ltd.

+ Guillaume Lavoie to CFO @ MDA Space

+ Ian White to Pres. & CEO @ Home Hardware Stores Limited

+ John Peets to Sr. VP, Leasing @ Oxford Properties

+ Les Tochor to Acting CFO @ City of Calgary

+ Michelle Tice to Exec. Director @ Arthritis Research Canada

+ Quentin Kyliuk, VP Operations and Engineering @ Questor Technology Inc., departed ...

+ Robert Ouelette to Director @ Laurentian Bank

+ Robyn Osgood to Managing Director & CEO @ McMillan Vantage

+ Wayne Ferguson to COO & Exec VP, Services Div. @ EllisDon Corp.

~ 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 

+ Alexis Schloss; Edmonton designer, philanthropist and community leader, Order of Canada recipient,

+ Darrel Janz; Calgary broadcaster/journalist, co-anchor; 83

+ Murray Sinclair; extraordinary Canadian Senator, Truth and Reconciliation Commission Chair, Order of Canada recipient; 73




THIS WEEK IN FINANCINGS 
- proposed & closed

+ CIBC is on the market to raise US$500.0 million in unsecured sub debt

+ Crown Point Energy Inc. closed a US$22.0 million secured debt financing

+ DRI Healthcare Trust secured US$631.6 million credit facility

+ Eupraxia Pharmaceuticals Inc. closed a $44.5 million equity raise by private placement

+ First Capital REIT closed a $200.0 million sr. unsecured debt raise

+ Garda World Security Corporation closed a US$1.0 billion sr. unsecured debt raise

+ goeasy Ltd. closed a US$400.0 million sr. unsecured debt raise

+ goeasy Ltd. closed a $150.0 million sr. unsecured debt raise

+ GreenPower Motor Company closed a US$3.0 million equity financing

+ NurExone Biologic Inc. closed a $1.737 million equity raise by private placement

+ Prairie Provident Resources Inc. raised $12.0 million in equity by a rights offering

+ TD Bank Group is on the market with a Japanese Yen debt raise; JPY 20 billion

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

+ Videotron Ltd. is on the market to raise US$700.0 million in sr. unsecured debt[1]

+ Whitecap Resources Inc. closed a $400.0 million senior unsecured debt financing




 HR Resource + Workplace Trends + HSE 

+ taking rest seriously – the future of the bathroom break is changing!




 TECHNOLOGY / AI Trends 

+ data centre development; $750.0 million project in Rocky View County by eStruxture Data Centers to be one of many coming soon to Alberta




 RISK 

+ Alberta auto insurance market in peril – Insurance Bureau report talks to government interference 




 CLIMATE CHANGE + LEED + RENEWABLE ENERGY 

+ Government of Canada – released DRAFT regulations for emissions caps; Premier Smith is upset at the 35% cap below 2019 levels by 2030, saying it will "lead Alberta and our country into economic and societal decline” and is eyeing a legal challenge ...

+ Westridge Renewable Energy Corporation closed the sale of a 75% interest in its 332MW/Sunnynook Solar PV project to METLEN for $41.44 million




 CONSTRUCTION + BUILDING SERVICES NEWS 

+ City of Calgary and Calgary Housing Authority secured $33.0 million in Government of Canada funding to repair 1052 home in their inventory ...




 CORPORATE RESPONSIBILITY + ESG REPORTS 

+ Fission Uranium Corp. published it’s 2023 Sustainability Report




 REITs + TRUST NEWS 

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

+ 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

+ 7-11 building strategy – 500 new stores plan as Japan based owners gird to fend off Couche-Tard’s takeover ambitions ... tic toc




 INTERESTING TRENDS: MULTI-RES 

+ YARDI report predicts trends looking forward in Canadian market – download available ...




 INTERESTING TRENDS: OFFICE 

+ Enright Capital acquired 635 - 8th Avenue SW from Cadillac Fairview; branding it as 635 8TH, and announced significant renovation plans ...

+ WeWork and IWG formed a partnership – Vast Coworking Group, a Florida based franchise operator seeking franchise operators in Canada – trying to make some lemonade? ...




  SHAREHOLDER / INVESTOR MEETINGS 

+ Nov. 6; April Therapeutics Inc., Special Meeting of Shareholders, Halifax

+ Nov. 13; Corby Spirit and Wine Limited, Annual General Meeting of Shareholders, Toronto

+ Nov. 13; Waverunner Capital Inc., Annual General and Special Meeting, Vancouver

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

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

+ Dec. 10; Dye & Durham Limited, Annual General Meeting of Shareholders, 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. 5-6; 2024 Smart Energy Vancouver, Vancouver – register

+ Nov. 5-6; 2024 Canadian Aerospace Summit, Shaw Centre, Ottawa; info/register

+ Nov. 8; Calgary Construction Association - 80th Anniversary Gala, Westin Calgary; tickets

+ Nov. 12 & 13; HR Leaders Summit Canada, The International Centre, Toronto, register

+ Nov. 13-21; Innovation Week YYC @ Platform Innovation Centre, Platform, Calgary; tickets for launch party

+ Nov. 14; The AI: ROI Conference – Section’s online conference – register/free – speaker roster

+ Nov. 15; Classroom Champions, Concert for Classrooms with Barney Bentall & The Cariboo Express; Bella Concert Hall, Calgary – tickets on sale now

+ 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

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




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this site last updated May 27, 2025