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+ Bill Hazelton to Head, North American Industry Practices @ Chubb

+ Bill Morneau to Director @ CIBC

+ Bob Benzen, MP for Calgary Heritage @ Government of Canada, stepping down

+ Dan Misutka to Counsel @ DLA Piper (Canada) LLP

+ Danielle Diaz to Interim CFO @ Alectra Inc.

+ Danika Goosney to Director @ Mindfuel Foundation

+ David Eby to Leader (and BC premier-designate) @ BC NDP party

+ Dietmar Wennemar to Director @ Solace Power

+ Dr. Sinda Vanderpool to Pres. & Vice-Chancellor @ St. Mary’s University

+ Jason Redman to Interim Pres. & CEO @ Medical Facilities Corporation

+ JD St-Martin to Pres. @ Lightspeed Commerce Inc.

+ Jim Sullivan to COO @ Lynx Air

+ John Carley to CEO @ Rx Networks Inc.

+ Louis Vachon to Director @ BCE Inc.

+ Martha Hall Findlay, Chief Sustainability Officer @ Suncor Energy Inc., leaving the company

+ Martin Longchamps to Exec. VP & Head of Private Equity @ CDPQ

+ Monica Morgan to VP Real Estate and Projects @ AMPD Ventures Inc.

+ Natasha Hepp to Associate @ MLT Atkins LLP

+ Rachel Huckle to Pres. & COO @ Staples Canada

+ Ruairi Doyle to CEO @ PressReader Group of Companies

~ 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 ]

+ Bruce Hudson; Partner and Bankruptcy Trustee @ Hudson & Company, 68

+ John Kontalis; owner of  Spiros Pizza, 63

+ Maria David-Evans; municipal executive and former Deputy Minister @ GOA and champion ice sculptor

+ Robert Laidlaw; retired oil industry executive, community volunteer/leader, 93

+ Walter Baydala; found of Edmonton’s Baydala Drugs and community supporter, 92

+ survey indicates 9 of 10 employers want a full return-to-office in 2023

+ WHO guidelines to help address mental health issues

+ Calgary City Council going ahead with $491.0 million to purchase 359 electric buses – in conjunction with $168.0 million financing from Canadian Infrastructure Bank

+ A brand for a company is like a reputation for a person. You earn a reputation by trying to do hard things well. – Jeff Bezos

+ The key is not to prioritize what’s on your schedule but to schedule your priorities. – Stephen Covey

+ to newest Order of Canada recipients and promotions – including Calgarians Elder Doreen Spence, John Lacey

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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

+ Alberta Carbon Grid exploring a Carbon Sequestration Evaluation Agreement – TC Energy and Pembina Pipeline with GOA

+ Bank of Canada rate increase expected to rise this week; media sources and economists predict 50 to 75 basis points … tic toc

+ BP plc agreed to acquire U.S. biogas producer Archae for US$4.1 billion

+ Calgary Flames and City of Calgary arena negotiations have resumed; the city engaged CAA ICON to negotiate for them … tic toc

+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; WTI @ US$84/bbl, Brent @ WTI @ US$93/bbl

+ Environmental 360 Solutions Ltd. to acquire seven industrial waste facilities and an oil recycling service from GLF Environmental Inc.

+ GOA – newly sworn-in Premier Smith announced cabinet and other senior level appointments

+ 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 out this weekend; go to archived issues … or see our Q2 report – sign up

+ IFMA’s October building tour on October 26^th;  sign up to attend; we’ll be touring and hearing presentations at Platform Calgary

+ Jasper Mining Corporation changed its name to Tuktu Resources Ltd.

+ Nimonik Inc. acquired MediaLogic Inc.; terms not disclosed

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

+ Remington Development Corporation won a big judgment ($163.7 million)  against GOA and CP; CP sound like they will appeal

+ rig activity in Canada

+ rig counts/utilization (active/working) – US: up 2 to 771 this week; Canada: down 6 to 210 this week; full breakdown and international rig counts

+ Avanti Helium Corp. closed $6.44 million equity raise

+ Bank of Montreal is on the market to raise $750.0 million in sub debt

+ Calgary City Council going ahead with $491.0 million to purchase 359 electric buses – in conjunction with $168.0 million financing from Canadian Infrastructure Bank

+ Grounded Lithium Corp. is on the market to raise $3.0 million in equity by private placement

+ Hydro One Inc. is on the market to raise $750.0 million by a debt offering

+ Nexoptic Technology Corp. is on the market to raise $3.2 million in equity by private placement

+ NG Energy International Corp. is on the market to raise $25.0 million in sr. secured debt by private placement

+ Nolk raised $30.0 million in Series A financing raise

+ Perch closed a $4.0 million funding

+ Slate Office REIT closed $45.0 million convertible unsecured sub debt issue

+ Skylight Health Group Inc. secured US$5.0 million convertible debt financing

+ Tidewater Renewables Ltd. secured $150.0 million debt and warrants sr. secured credit facility

+ Wildbrain Ltd. is on the market to secure US$40.0 million credit facility

*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 …

+ Oct. 24-28; U of C School of Public Policy – Fundamentals of ESG Management; info/register

+ Oct. 25-27; Net Zero Conference & Expo, TELUS Convention Centre, Calgary; info/register

+ Oct. 26; IFMA’s October building tour on October 26^th;  sign up to attend; we’ll be touring and hearing presentations at Platform Calgary

+ Oct. 26 & 27; BUILDEX Alberta – Build Your Road Map, TELUS Convention Centre, Calgary; info/register

+ Nov. 3, Vancouver Real Estate Strategy & Leasing Conference, Vancouver Convention Centre; info/register

+ Nov. 4; 8^th Annual Peter Burgener Memorial Benefit Concert, Bella Concert Hall, Mount Royal University, Calgary; info/tickets

+ Nov. 6-18; COP27 Climate Conference, Sharm el-Sheikh, Egypt; info/schedule/register

+ 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; Earth Day 2023 – theme is Invest in Our Planet -

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

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

+ Oct. 31; Resolute Forest Products Inc., Special Meeting of Stockholders, 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 ]

+ Calgary City Council going ahead with $491.0 million to purchase 359 electric buses – in conjunction with $168.0 million financing from Canadian Infrastructure Bank

+ Calgary Flames and City of Calgary arena negotiations have resumed; the city engaged CAA ICON to negotiate for them … tic toc 

+ METRO published its report – Task Force on Climate-related Financial Disclosure

+ Minto Apartment REIT published its 2021 ESG Report

+ Interior Designers of Canada announced winners of the 2022 Value of Design Awards; congrats to Calgary winner: Newly Institute by Clare Mackey/Mackey Design Group Licensed Interior Design Inc. in the ‘Innovate in Healthcare Design’ category

+ Recipe Unlimited Corp. got shareholder approval for it’s takeover/going private transaction with Fairfax Financial Holdings Limited