+ AIMco (Alberta Investment Management Corporation) in JV with Allianz Capital Partners and Hastings Funds Management agreed to acquired Porterbrook Rail Finance Limited; price for UK rail rolling stock portfolio not released
+ Aker Process Systems changed its name to Fjords Processing
+ ATB Financial – THE OWL … Daily Economic Comment
+ ATCO Mexico won a $50 million contract to construct a natural gas pipeline in state of Hidalgo
+ Athabasca Oil corp. is seeking a JV partner to develop its Slave Point properties
+ Bank of Canada issued its Autumn Issues of Business Outlook Survey and Senior Loan Officer Survey
+ B.C. land sales netted $14.32 million for Government of British Columbia
+ Calgary downtown explosion/fire; underground power facilities being rebuilt – office buildings, apartments and condos west of 4 Street SW affected. Law courts facilities
closed. 5,000 residents and 10,000 office employees affected. Telephone outages extend further … disruption could last several days, possibly much longer as EnMax rebuild services taken out by the fire … tic toc
+ Canadian crude exports to the U.S. topped 3 million/barrels/day for the first time ever in the week ended Oct. 3rd
+ Canadian Pacific is pursuing a takeover of CSX
+ Choice Properties REIT closes a $211.9 million acquisition of 16 properties from Loblaw related companies
+ current energy prices: live link to Bloomberg.com commodities data ; oversupply and price war volatility continues as Saudis and Kuwait price-downward in struggle for crude market share, PetroChina snapping up cheap Brent crude (6 million barrels last week); meanwhile, Canadian producers are getting benefit of weakened Canadian dollar …
+ Enbridge Inc.’s start up of its Line 9 reversal project delayed for 90 days or more on orders by the NEB to install shut-off valves on both sides of major water crossings; number of valves not yet resolved …
+ Encana Corporation agreed to sell a portion of its in Clearwater (southern and central Alberta) dry natural gas assets to Ember Resources Inc. for $605 million
+ Ernst & Young LLP has agreed to merge with/acquire Up Consulting
+ European Commission issued new directives around fuel which are favourable to oilsands crude exports
+ ExxonMobil agreed to acquire XTO Energy for US$41 billion
+ financial markets closed yesterday: Easter Monday in Canada, Columbus Day in USA
+ FirstService Corporation acquired AOS Group (450 agent firm with offices in France, Belgium, Spain, Morocco, UK, Netherlands and Switzerland); will rebrand as Colliers International. Price not disclosed
+ Government of Alberta: Premier Prentice signed a Memorandum of Understanding with Calgary and Edmonton Mayors around moving toward City Charter status but it looked
+ Government of Alberta: Premier Prentice announced Phase 3 ($43.2 million) of 10-yr. capital plan for new schools and expansions; this tranche is for 55 new schools and 20 modernizations which will get lots of planning done but won’t $43.2 million won’t build very much on that list – especially with falling oil prices clouding the government’s revenue projections, the question of where the $2 billion+ will come from remains …
+ Hôtel Le Germain (Groupe Germain Hospitalité) announced plans to develop an ALT Hotel in the East Village; $34 million project planned for opening in 2017
+ Ivanhoé Cambridge partnering with Black Creek Group to invest development of mixed-use urban communities in Mexico; Ivanhoé Cambridge intends to invest up to US$500 million
+ Montana Exploration Corp. agreed to acquire Brilliant Resources Inc.
+ Oxford Properties Group formed partnership with Carbonleo; to operate Quartier DIX30, Canada's second largest shopping centre as joint owners and managers
+ Palliser Oil & Gas Corporation shareholders approved amalgamation with Maha Energy Inc.
+ Pembina Pipeline Corporation announced plans for develop a $350 million diluent terminal development at its Heartland Terminal site near Fort Saskatchewan
+ Pembina Pipeline Corporation announced plans for $170 million gas plant expansion to its recently opened Resthaven facility
+ Petrus Resources Ltd. closed its acquisition of Ravenwood Energy Corp.
+ Peyto Exploration and Development Corp. increased its 2014 CapEx Budget to $690 million
+ Rapid Rod Service acquired the Rod Rig division and equipment assets of Essential Energy Services Ltd. for $6.1 million
+ Sask. land sales netted $21.6 million for Government of Saskatchewan
+ Slate Retail REIT agreed to acquire grocery-anchored shopping centres; Bloomington, IL (US$8.2 million), Fond du Lac, WI (US$16.95 million)
+ Summit Industrial Income REIT agreed to acquire a Cambridge, On. property for $7 million, sold one in Red Deer for $710K
+ Sun Life’s Montreal HQ building (built in stages 1914-1933) achieved a LEED Silver designation in the ‘Existing Building Operations and Maintenance’ category
+ Targa Resources Partners LP agreed to acquire Atlas Pipeline Partners for US$ 4.0 billion and Atlas Energy LP midstream assets for US$1.9 billion
+ The Cash Store Financial Services Inc. agreed to sell a portion of its assets to National Money Mart Company under CCAA court supervision
+ TransCanada Corporation got regulatory approval for its twin - 460 km Grand Rapids pipeline project; will move 900,000 barrels/day of oil & diluent from north west of Fort McMurray to Edmonton area. Project capital cost is $3 billion – to be owned jointly by TransCanada and Brion Energy Corporation
+ Zaio Corporation launched a United States 90-million-home appraisal database
+ Zargon Oil & Gas Ltd. announced its 2015 CapEx Budget is $46 million