FACILITYCalgary

news, commentary & perspective - financings, deals - commercial real estate, infrastructure, oil & gas

FACILITYCalgary May 6/25

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SHAKERS AND MOVERS 
appointments and disappointments 

+ Angelo Bartolini to CFO @ Tribe Property Technologies Inc.

+ Brian Feldman to COO @ AutoCanada Inc.

+ Cameron Proctor to Director @ Birchcliff Energy Ltd.

+ Chris Carlsen to President & CEO @ Birchcliff Energy Ltd.

+ Dean Connor to Board Chair @ Canada Pension Plan Investment Board

+ Greg Fergus MP, to Speaker, House of Commons @ Government of Canada

+ James Motthershead, Senior Vice President, Corporate Communications Calgary @ Teneo

+ Jeff Thorpe to Pres., North America @ AutoCanada

+ Jeffrey Brown to CFO @ Chartwell Retirement Residences

+ Jeff Tonken, Chairman and CEO @ Birchcliff Energy, retiring

+ Jonathan Bourchier to Partner, Calgary @ MLT Aikins LLP

+ Lauren Ramey to Managing Director, Calgary @ Teneo

+ Lois Norris to CFO @ PopReach Corporation

+ Nahir Mohamed to Director @ Canada Pension Plan Investment Board

+ Reena Bains to Chief People Officer @ PopReach Corporation

+ Sonya Savage to Senior Counsel @ Borden Ladner Gervais LLP

+ Steve Leslie to CEO @ Qualbridge Inc.

+ Wab Kinew to Premier Elect @ Government of Manitoba

~ 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 ]


 


 
 CLIMATE CHANGE + LEED + RENEWABLE ENERGY 

+ ATCO Ltd./Canadian Utilities secured a renewable energy supply deal with Lafarge Canada with a 12.5 year ‘solar virtual power purchase agreement’ from its 38.5 MW Empress Solar project

+ EDF Renewables Canada secured $23.4 million in Government of Canada funding for it’s 47-MW Cypress 2 Wind Project in Cypress County

+ TransAlta Corporation closed it’s acquisition of TransAlta Renewables Inc.


 


 SAVE THE DATE / upcoming events

+ Oct. 11; Calgary Real Estate Forum, Calgary TELUS Convention Centre, Calgary; info/agenda/register

+ Oct. 16-17; The 2023 National Building Decarbonization Forum, National Arts Center, Ottawa – save the date

+ Oct. 16 – 18; 2023 GTEN Symposium, Banff Springs Hotel, Banff; info/register

+ Oct. 18-19; BUILDEX Alberta, 20-24, TELUS Convention Centre, Calgary; info/register

+ Oct. 21; Calgary Public Foundation - #LitGala2023 , Central Library; info/tickets

+ Oct. 23; Top 7 Over 70 biannual Gala honoring 7 extraordinary recipients; Sponsors/Tickets

+ Oct. 27; Classroom Champions, Concert for Classrooms – Barney Bentall & The Caribou Express, Bella Concert Hall, Calgary; info/tickets (link to highlights of 2022 Toronto concert) ; save the dates – Calgary, Oct. 27 / Toronto, Nov. 2 – tickets on sale now – click here to order

+ Oct. 28; Nov. 5; Banff Centre Mountain Film and Book Festival – info/program/tickets

+ Oct. 31; CFA Society Calgary – 23rd Annual Oil & Gas Forecast Breakfast (7:00 – 9:00 AM); Calgary Petroleum Club; info / tickets

Nov. 1; Calgary Economic Development’s 2024 Economic Outlook, TELUS Convention Centre; info / tickets

+ Nov. 1-2; Supply Change, Conference & Expo, Westin Airport, Calgary; info / register

+ Nov. 2; Sir Winston Churchill Society of Calgary – 57th Memorial Banquet, Ranchmen’s Club, Calgary; tickets

+ Nov. 6 & 5; 2023 Decentralized Energy Forum, Fairmont Chateau Lake Louise; info / register

+ Nov. 7-8; Canadian Aerospace Summit, Shaw Centre, Ottawa; agenda / register

+ Nov. 14-15; Oilfield Electrification Technology Conference, Hyatt Houston West, Houston; register, submit abstracts

+ Nov. 15-16; Fenestration Canada’s WinDoor 2023, Toronto Congress Centre, Hall D; registration

+ Nov. 30 – Dec. 12; COP28 UAE, Expo City, Dubai; info

~~~

2024

+ Jan. 18; CFA Society Calgary – 47th Annual Forecast Dinner, TELUS Convention Centre – save the date

+ Apr. 16-17; Innovate West, Vancouver Convention Centre; info/book – save the date

+ June 18-19; Petrochem Canada Conference and Expo 2024, Sarnia, On; call for presentations

+ Sept. 23- 25; BOMEX 2024, hosted by BOMA Vancouver – save the date

+ 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 ]


 


 
 SHAREHOLDER MEETINGS

+ Oct. 17; Public Sector Pension Investment Board, Annual Public Meeting, virtual only

+ Oct. 25; Clearview Resources Ltd., Special Meeting of Shareholders, Calgary

+ Oct. 25; XORTX Therapeutics. Inc., Special Meeting of Shareholders, Calgary

+ Nov. 7; Essential Energy Services Ltd., Special Meeting of Shareholders, Calgary

~ Canadian banks and life insurance companies got approval to do their 2023 annual meetings virtually

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


 


 SAVE THE DATE - CHARITY GOLF TOURNAMENTS 

+ I know … it’s early, but if you have a date and a course booking for your 2024 tournament, we’ll happily post it as a ‘save the date’

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




 REITs + TRUST NEWS 

+ REITrag covers activity and announcements on the activity of real estate investment trusts - REITs: March/2023 ~ Issue #1; April/2023 ~ Issue #2 ; May/2023 – Issue #3; June/2023 – Issue #4; –July/2023 Issue #5 – August/2023 Issue #6 to be posted soon





Have you got news our readers will want to hear?  Send us your appointment (or disappointment) notices, press releases, and industry news to: kolke@facilitycalgary.com



Would you like to advertise in FACILITYCalgary?  If you are interested in sponsorship/advertising, please contact: kolke@markkolke.com





 Sponsors of this week's issue:

ROCKY VIEW COUNTY
Business & Economic Development



 
BennettJones.com



IFMA Calgary Chapter has announced/launched its new Sponsor Program.

Membership benefits and options have been updated - Chapter Membership and International Membership

Our IFMA Calendar of Events is in development. Stay tuned for announcements; dates to note for facility tours, education and networking events this fall coming soon ...


Registrations via our Events Page - click here

 


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

 


link to Premiere used furniture website
 
OFFICE FURNITURE SALES

 


EXECUTIVE SEARCH


Oliver Baezner, Managing Partner
oliver.baezner@altopartners.ca



 
PUT YOUR 
COMPANY HERE
 Advertising/sponsorship queries:  kolke@facilitycalgary.com 
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 QUOTES 

+ Do not be too timid and squeamish about your actions. All life is an experiment. The more experiments you make the better. What if they are a little coarse and you may get your coat soiled or torn? What if you do fail, and get fairly rolled in the dirt once or twice? Up again, you shall never be so afraid of a tumble. – Ralph Waldo Emerson

+ Maintain a margin of safety. If your life is designed only to handle the expected challenges, then it will fall apart as soon as something unexpected happens to you. Always be stronger than you need to be. Leave room for the unexpected. – James Clear




  KUDOS  

+ to Mark McNeill, CEO @ The Stream-Flo Group of Companies – named 2023 Prairies Overall Winner in the EY Entrepreneur of the Year Awards program; and congrats to all the nominees

+ to the Energizing Communities Collective – energy companies raised $3.6 million for Classroom Champions




CLICK HERE TO GET MARK'S HOME SEARCH APP FOR YOUR MOBILE PHONE - search any MLS listing you see, get information and/or book a showing without making a call - check it out! It's new and aVERY cool tool.

CONTACT MARK KOLKE 
PROPERTY MANAGEMENT SERVICES

OFFICE AND INDUSTRIAL LEASING

RETAIL LEASING AND SALES

Mark Kolke, DTM, VP Commercial - MaxWell Capital Realty
6204B Burbank Road SE, Calgary, AB T2H 2C2
. . . . . . . . . . . . . . . . . . . . . . 
Consultant - Special Purpose Projects, P3, Education Facilities
Agent - Investment Sales; Office, Industrial & Retail Leasing
A full-service real estate practice:
Commercial - Investment Sales & Leasing | Consulting | 
Agricultural | Residential Sales | Land | Property Management | 
 
Phone/Text: (403)-312-8359 / email: kolke@markkolke.com 
PLANDflex Corporation / Consulting Services
Editor / Publisher - FACILITYCalgary
MaxWell Capital Realty / VP Commercial /Agent/Realtor
. . . . . . . . . . . . . . . . . . . . . . 

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 THIS WEEK - NEWS SUMMARY 

 October 4 ~ 10 / 2023 


 October 10, 2023 issue – includes items received before our 7:00AM MT deadline 


+ Alberta wildfire status:  87 fires still burning, and 1 is out of control

+ ATCO Ltd./Canadian Utilities secured a renewable energy supply deal with Lafarge Canada with a 12.5 year ‘solar virtual power purchase agreement’ from its 38.5 MW Empress Solar project

+ BOMA Canada announced its national awards for 2023

+ Calgary ‘new’ Arena Deal is official; the $1.2 billion infrastructure package that includes a new $800.0 million arena (City of Calgary contribution is $537.0 million; Calgary Flames owners Calgary Sports and Entertainment Corporation will put up $356.0 million …

+ Cardinal Energy Ltd. closed a $25.0 million portfolio oil & gas asset acquisition

+ current energy prices; live links to Bloomberg energy prices / OilPrice.com; WTI @ US$86.00/bbl, Brent @ US$88.00/bbl; forecasts of US$100/bbl are credited with being part of the pricing run-up as supply tightens while demand rises …

+ EDF Renewables Canada secured $23.4 million in Government of Canada for it’s 47-MW Cypress 2 Wind Project in Cypress County

+ EQB agreed to acquire 75% of ACM Advisors Inc.($4.8 billion AUM) – terms not disclosed

+ Exxon Mobil widely reported to be in negotiations to acquire Pioneer Natural Resources for US$60.0 billion

+ FACILITYCalgary, a sponsor-supported FREE weekly newsletter; ‘send time’ is early every Tuesday; Calgary news focused on oil & gas, finance and the real estate industry; click here to sign up

+ Globe & Mail’s annual list of Canada’s Top Growing Companies – 425 firms on this year’s list

+ Keyera completed the 575 km/ 350,000 bbl/day KAPS NGLs and condensate pipeline from Montney and Duvernay basins to Fort Saskatchewan; Keyera operates the line which is 50% owned by Stonepeak

+ KPMG acquired IMagosoft; terms not disclosed

+ 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

+ North American Construction Group Ltd. closed its $395.0 million acquisition of MacKellar Group

+ Pipestone Energy Corp. shareholders approved merger with Strathcona Resources Ltd.

+ reader contributions: are always welcome. Please forward your comments, news items, and company appointment announcements; forward to: kolke@facilitycalgary.com

+ REITrag – is a curated news publication real estate investment trusts; all Canadian REITs and adding American and European listings; available by subscription; June/2023 – Issue #4 , July/2023 – Issue #5 & archived previous issues; sign-up form ; get on our mailing list to receive REITrag and MONDAY MORNING MINUTE

+ rig activity in Canada, courtesy of BOE Report

+ rig counts/utilization (active/working) – US: down 4 to 619 this week; Canada: down 11 to 180 this week; full breakdown and international rig counts

+ Strathcona Resources Ltd. closed its acquisition of Pipestone Energy Corp. – substantially controlled and managed by Waterous Energy Fund Management Corp.

+ Sun Life acquired Dialogue Health Technologies Inc.

+ TC Energy Corp.’s Coastal GasLink pipeline is 98% completed, with expectation of completion by end of this year – at a capital cost of $14.5 billion (originally estimated to be $6.2 billion)

+ TC Energy Corp. closed the $5.3 billion sale of 40% interest in Columbia Gas and Columbia Gulf pipeline interests

+ Teneo, the global c-suite consultancy firm expands – opened their Calgary office

+ TotalEnergies closed the sale of 50% of the Surmont oilsands project to ConocoPhillips for $4.4 billion

+ TotalEnergies confirmed it will sell its 31% stake in the Fort Hills oilsands mine to Suncor for $1.468 billion

+ TransAlta Corporation closed it’s acquisition of TransAlta Renewables Inc.


 


 
THIS WEEK IN FINANCINGS 
- proposed & closed

+ Borealis Foods Inc. secured US$25.0 billion credit facility

+ EPCOR Utilities Inc. closed $300.0 million debt raise

+ Healwell AI Inc. is on the market to raise $8.0 million in equity by private placement

+ Klimat X Developments Inc. closed $1.074 million equity raise by private placement

+ Liberty Defense Holdings Ltd. closed $3.565 million equity raise by private placement

+ North American Construction Group secured a $730.0 million credit facility

+ Northland Power Inc. secured CAD$5.0 billion financial commitment for offshore Taiwan wind project

+ PADS Financial secured $3.0 million pre-seed funding

editor’s note: names of 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 …


 


 
 CORPORATE RESPONSIBILITY + ESG REPORTS 

+ BDO Canada LLC published its Annual ESG Report

+ LP Building Solutions published their 2023 Sustainability Report


 


 
 INFRASTRUCTURE + P3 NEWS 

+ Calgary ‘new’ Arena Deal is official; the $1.2 billion infrastructure package that includes a new $800.0 million arena (City of Calgary contribution is $537.0 million; Calgary Flames owners Calgary Sports and Entertainment Corporation will put up $356.0 million …


 


 MULTI-RES NEWS  

+ Lanesborough REIT agreed to sell Parsons Landling property in Fort McMurray – transaction with an insider, for $22.0 million; 160-door property; the sale will close mid-2024


 


 OFFICE REAL ESTATE NEWS  

+ WeWork Inc. continues to flirt with insolvency; announced they’ve decided to withhold US$95.0 million in interest payments on its debt due October 1st … tic toc …


Unless otherwise noted, everything on this website is Copyright  Protected - © 1999 - 2025 - Mark Kolke, Publisher / MaxComm  Communications/Waterglass Press, units of PLANDflex Corporation, all rights reserved.


Our mailing address is: 6204B Burbank Road SE, Calgary, T2H 2C2, Canada

this site last updated May 6, 2025