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+ Andrea DiFabio to Chief Legal Officer & Corp. Secretary @ Xexnon Pharmaceuticals Inc.

+ Andrea Hemmerling to Judge, Edmonton Region @ Provincial Court of Alberta

+ Brian Whitwell to Sr. VP, Asset Management @ Genesis Land Development Corp.

+ Bruna Kalinoski to Associate @ Burnet, Duckworth and Palmer LLP

+ Christopher Voutsinas to Board of Governors @ Trez Capital

+ Craig Wert to CFO @ Jobber

+ Divya Kulkarni to Director @ GIvex Information Technology Group Ltd.

+ Jason Idler to COO, Heavy Industrial @ PCL Construction

+ Jeffrey Morrison to Judge, Edmonton Region @ Provincial Court of Alberta

+ Jessica Cameron to Partner @ Fasken Martineau Dumoulin LLP

+ Jianping Sun to CEO @ Sunshine Oilsands Limited

+ Judyanna Yu to CFO @ Providence Therapeutics

+ Lloyed Lobo to Director @ Wishpond Technologies Ltd.

+ Mark Mastel to Judge, Southern Region @ Provincial Court of Alberta

+ Pamela Allen to CEO, MD Financial Management Inc. @ Scotiabank

+ PS Sidhu to Sr. VP, Homebuilding @ Genesis Land Development Corp.

+ Robin Villeneuve, CFO @ Opsens Inc, leaving the company

+ Robyn Gurofsky to Partner @ Fasken Martineau Dumoulin LLP

+ Samuel Yik to CFO @ Hillcrest Energy Technologies

+ Shelley Williams to Trustee @ Boston Pizza Royalties Income Fund

+ Stephen White to Alternative Risk and Captives Leader, Canada @ AXA XL

+ Suzanne Polkosnik to Judge, Edmonton Criminal Division @ Provincial Court of Alberta

+ Tom MacInnes to Director @ ROK Resources 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 ]

+ change management changed …

+ designing for neurodiversity in the workplace …

+ Laurel Hill published its 2022 Trends In Governance report

+ NexGen Energy Ltd. published its 2021 Sustainability Report

+ Premium Brands Holdings Corporation published its 2022 ESG Progress Report

+ SCI Group Inc. published its 2021 Sustainability Report

+ to Alberta Beef Producers – burger ads win CAMA Awards!

+ to Ross Roy of NORR Architects, the founder and sustainer-in-chief, to Craig Senyk of Mawer Investment Management, sponsor extraordinaire, to Barney Bentall and crew – the 8^th Annual Remembering Peter Burgener Concert in support of Classroom Champions – net raised so far from last week’s event, $158,321 (all donations prior to Nov. 12 WILL BE MATCHED .. so donate a little, donate a lot – but please donate to push that total higher )

+ to Suzette Mayr, Calgary author of The Sleeping Car Porter – selected as the winner of the 2022 Scotiabank Giller Prize

+ to the Nov/22 appointees – Order of Canada appointments and promotions within the order

+ Dream Industrial REIT (10%) and CIC (90%) JV agreed to acquire Summit Industrial Income REIT for $5.9 billion in an all cash transaction to closed in 2023. Dream will manage the assets of the Canadian Industrial JV; GIC is a Singapore based global investment firm

+ Cadillac Fairview and Hopewell Development JV acquired 146 acre site near Balzac – the Rosemont Business Park development will involve several buildings, 2.3 million sq. ft. of development planned

+ ONE Properties in JV with Vestcor Inc. acquired the Ledcor Fabrication & Module Yard in Nisku; ‘41 Business Park site redevelopment will involve 1.0 million sq. ft. of industrial space; terms not disclosed

+ Lowe’s Canada division of Lowe’s Companies Inc. has been sold to Sycamore Partners for $400.0 million; 450 stores will continue under Lowe’s and Rona brands for now

FACILITYCalgary newsletters may not be reproduced, rewritten, distributed, re-disseminated, transmitted, displayed, published or broadcast, directly or indirectly in any medium without the prior written permission of MaxComm Communications - © Copyright 1999 - 2022 MaxComm Communications. All rights reserved. 

 weekly newsletter

Est. July, 1999

+ Arc Resources Ltd. announced its 2023CapEx Budget is $1.8 billion

+ Cadillac Fairview and Hopewell Development JV acquired 146-acre site near Balzac – the Rosemont Business Park development will involve several buildings, 2.3 million sq. ft. of development planned

+ Canadian Western Bank launched CWB Wealth – a private wealth advisory service

+ Chronos Resources Ltd. and Samoth Oilfield Inc. agreed to a combination transaction; they will rebrand as Lycos Energy Inc.

+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; WTI @ US$91.00/bbl, Brent @ US$97/bbl;

+ Enerplus Corporation agreed to sell the remainder of its Canadian Assets to Surge Energy Inc. for $245.0 million

+ Dream Industrial REIT (10%) and CIC (90%) JV agreed to acquire Summit Industrial Income REIT for $5.9 billion in an all cash transaction to closed in 2023. Dream will manage the assets of the Canadian Industrial JV; GIC is a Singapore-based global investment firm

+ Enbridge Inc. announced $3.6 billion expansion of its T-South Pipeline Segment in BC; open season

+ Equitable Bank closed its acquisition of Concentra Bank

+ Hardwoods Distribution Inc. to rebrand as ADENTRA Inc.

+ Headwater Exploration Inc. announced its 2023CapEx Budget of $200.0 million

+ HOUSING TRUTH – residential newsletter, Calgary and area: HOUSING TRUTH – CLICK HERE TO SIGN UP for our mailing list  - stay tuned for my 3^rd qtr. report and 4^th qtr. outlook – coming soon; go to archived issues … or see our Q2 report – sign up

+ IFMA’s November networking event/building tour, focus on our November theme - Performance & Quality;  sign up to attend; we’ll be touring and hearing presentations at FALKBUILT factory on November 24^th

+ Lowe’s Canada division of Lowe’s Companies Inc. has been sold to Sycamore Partners for $400.0 million; 450 stores will continue under Lowe’s and Rona brands for now

+ ONE Properties in JV with Vestcor Inc. acquired the Ledcor Fabrication & Module Yard in Nisku; ‘41 Business Park site redevelopment will involve 1.0 million sq. ft. of industrial space; terms not disclosed

+ Paramount Resources Ltd. announced its 2023CapEx Budget is $650.0 million

+ Phonenix Asset Holdings Inc. closed its acquisition of Rodfather Compression Inc.

+ PROPERTYlines - commercial real estate quarterly newsletter; my 3^rd qtr. report and 4^th qtr. outlook coming soon; sign up

+ rig activity in Canada

+ rig counts/utilization (active/working) – US: up 2 to 770 this week; Canada: down 3 to 209 this week; full breakdown and international rig counts

+ Ritchie Brow Auctioneers Incorporated agreed to acquire IAA for $7.3 billion in stock and cash transaction

+ Suncor Energy Inc. announced it is cutting its ‘contractor workforce’ by 20%

+ TMX Group Limited agreed to acquire Wall Street Horizon Inc.; terms not disclosed

+ U.S. Federal Reserve raised interest rates last week; 75 basis points (0.75%) and warned of more increases likely

+ ApartmentLove Inc. is on the market $3.0 million in convertible debt by private placement

+ Argentina Lithium & Energy Corp. is on the market to raise $6.0 million in equity by private placement

+ Chronos Resources Ltd. is on the market to raise $65.0 million in equity by private placement

+ EMERGE Commerce Ltd. is on the market to raise $4.0 million in convertible debt

+ NexOptic Technology Corp. closed $2.24 million equity raise by private placement

+ Spectra Medical Inc. closed $10.8 million in convertible debt by private placement

+ Surge Energy Inc. is on the market to raise $70.0 million

+ TAG Oil Ltd. closed $25.3 million equity raise

*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. 8-9; 2022 Canadian Aerospace Summit, Ottawa; agenda/register

+ Nov. 24; IFMA’s November networking event/building tour, focus on our November theme - Performance & Quality;  sign up to attend; we’ll be touring and having a chat with CEO Mogens Smed at the FALKBUILT factory

+ Nov. 24; Top 10 Launch Party celebration sponsored by Platform, TELUS Convention Centre, Calgary; tickets

+ Nov. 29; Fourth Session of the Thirtieth Legislature, Government of Alberta, Edmonton; Throne Speech

+ Nov. 29; Day 1 - Global Property Market & Chairman’s Reception Metro Toronto Convention Centre, Toronto; info/register

+ Nov. 30 – Dec. 1; Day 2 & Day 3; Real Estate Forum, Metro Toronto Convention Centre, Toronto; info/register

~~~

2023

+ Apr. 4 & 5; BMO Capital Markets and Canadian Association of Petroleum Producers – Annual Energy Symposium, Investors Conference – save the date

+ Apr. 23; Business Transition Forum, Alberta – Co-Chairs Kristina Williams and Cody Church – save the date; stay tuned for event registration and details

+ Apr. 23; Earth Day 2023 – theme is Invest in Our Planet

+ June 12-14; NeoCon 2023 – THE MART, Chicago – call for presentations deadline Jan 31, 2023

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

~~~

2024

+ Oct. 20-24; Greenhouse Gas Control Technologies Conference (GHGT), Telus Convention Centre, Calgary – save the date

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

+ Nov. 29; First Nations Financial Management Board, Annual Meeting, West Vancouver, BC

+ Dec. 21; Fintech Select Ltd., Annual General Meeting, Toronto/virtual only

+ Dec. 30; NextPoint Financial Inc., Annual Meeting of Shareholders, Hurst, TX

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

+ BMO Centre expansion progress; final structural steel is in place

+ call for presentations – NeoCon/2023 – deadline Jan. 31/23 – details/application

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