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FACILITYCalgary May 6/25

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 THIS WEEK - NEWS SUMMARY 

  October 23 ~ 29, 2024 


 
 QUOTES 

+ Don’t let yesterday take up too much of today. - Will Rogers

+ Always remember that you are absolutely unique. Just like everyone else. - Margaret Mead


 
                                                                                                    

 
 
                                                                                                    

- 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

                                                                                                    

 
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

 
 
                                                                                                    

 
 Sponsors of this week's issue:

 
 
BennettJones.com

 


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

 


 
 
ROCKY VIEW COUNTY
Business & Economic Development

 


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

 


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

 


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

 


 
 
visit: Premiere Van Lines Calgary / www.pvlcalgary.com
e-mail:  calgary@pvlcalgary.com
 
OFFICE MOVERS

 
                                                                                                    

CONTACT MARK KOLKE 
PROPERTY MANAGEMENT SERVICES

OFFICE AND INDUSTRIAL LEASING

RETAIL LEASING AND SALES

 
                                                                                                    

 
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 UPCOMING EVENTS / SAVE THE DATE 

 
                                                                

  You won't want to miss these: 


+ City of Calgary opened the Wave Tech Centre in the Andrew Davison Building on 6th Avenue SE

+ GE Vernova planning CCUS 465-megawatt gas-fired power project including CO2 capture near Whitecourt

+ Telsec Property Corporation and FC Private Equity Realty Management Corp. launched an all-cash mini-tender for Melcor REIT units

+ Tourmaline Oil Corp. and Clean Energy Fuels Corp. opened two new compressed natural gas (CNG fuelling stations) – Calgary and Grande Prairie


                                                                

  NEWS THIS WEEK  


+ Bank of Canada reduced it’s policy rate by 50 basis points to 3 3/4% – banks followed suit with reduced prime lending rates: BMO,  CIBC, Desjardins Group,  Equitable Bank, Laurentian Bank, National Bank, RBC Royal Bank, Scotiabank, TD Bank Group,

+ BJ Energy Solutions LLC completed a restructuring

+ British Columbia election still too close to call; recounts underway in close ridings and absentee ballots are being counted; Leitenant-Governor has invited David Eby to form a government

+ current energy prices; live links to Bloomberg energy prices / OilPrice.com / BOE INTEL ~  WTI @ US$68/bbl; Brent @ US$72/bbl ~ U.S. crude trading up 1% this morning after worst trading day in two years

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

+ fire season 2024: 29 fires remain active –  3 are ‘being held’, 12 are ‘under control’

+ fire season 2024 recovery: Jasper recovery plans – Alberta putting up $112 million to build 250 modular homes and GoC announced $3.0 million for tourism recovery

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

+ Government of Alberta – Local Political Parties and Slates Amendment Regulations proclaimed by Order in Council

+ Government of Alberta – fall session of the Legislature opened yesterday; first order of business is a renovation of the Alberta Bill of rights - overview

+ 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

+ new LAND TITLES fees are in effect; new rates in effect as of October 20th

+ 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

+ 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 1 to 216 gothis week

+ Saskatchewan Party won its 5th mandate in provincial election yesterday; Premier Scott Moe will continue

+ Telsec Property Corporation and FC Private Equity Realty Management Corp. launched an all-cash mini-tender for Melcor REIT units

+ Tourmaline Oil Corp. and Clean Energy Fuels Corp. opened two new compressed natural gas (CNG fuelling stations) – Calgary and Grande Prairie

+ Whitecap Resources announced its 2025CapEx Budget is $1.1 billion




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SHAKERS AND MOVERS 
appointments and disappointments 

+ An Van Gerven to Pres., Canada @ Pfizer Canada

+ Andres Bedregal to CFO @ Santacruz Silver Mining Ltd.

+ Brian McManus to Director @ Bank of Montreal

+ Bruno Wall to CFO @ Wall Financial Corporation

+ Diane Cooper to Director @ Bank of Montreal

+ Donna Wichers to Director @ Uranium Royalty Corp.

+ Marie-Philippe Bouchard to Pres. & CEO @ CBC/Radio-Canada

+ Nancy Fahy, CFO @ Pluribus Technologies Corp., resigned

+ Rob Morgan, Pres & CEO @ Strathcona Resources Ltd., retiring

+ Stephen Mackie to Pres. & CEO @ Canfor Pulp Products Inc.

+ Tom Tamberrino to Chief Commercial Officer @ Profound Medical Corp.

+ Travis McArthur to Sr. VP & General Counsel @ Genesis Land Corporation

~ 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 

+ Bill Hay; NHL veteran and former Flames executive, 88

+ Bruce Sansom; veteran Edmonton money manager, 89




THIS WEEK IN FINANCINGS 
- proposed & closed

+ BTQ Technologies Corp. closed a $1.0 million unsecured convertible debt raise

+ Corus Entertainment Inc. secured an amended $150.0 million credit facility

+ Dream Summit Industrial LP is on the market to raise $250.0 billion in sr. unsecured debt

+ Entoystem secured a $58 million funding

+ GardaWorld Security Corporation completed its $13.5 billion recapitalization

+ GardaWorld Security Corporation is on the market to raise US$1.0 billion in senior unsecured debt

+ Gateway Casinos & Entertainment Ltd. is on the market to raise $1.3 billion in private debt

+ goeasy Ltd. is on the market to raise US$400.0 million in sr. unsecured debt

+ GreenPower Motor Company is on the market to raise US$3.0 million in equity

+ Liberty Defense is on the market to raise $2.487 million in equity

+ Ninety One Emerging Markets Equity Fund secured $350.0 million equity raise

+ Simply Solventless Concentrates Ltd. raised $2.95 million in equity by a rights offering

+ Trustii Technologies closed a $2.8 million funding

+ Whitecap Resources Inc. is on the market to raise $400.0 million in sr. unsecured debt

+ Xplore Inc. closed a $1.6 billion funding




 HR Resource + Workplace Trends + HSE 

+ bias free hiring? ... can AI do that?

+ impact of cafe spaces in the workplace ... community on purpose – what they need to have to thrive – design must-haves and adaptations in older work spaces

+ multigenerational workplaces – what drives satisfaction? 




 TECHNOLOGY / AI Trends 

+ Anthropic’s Claude AI tool can now write code

+ City of Calgary opened it’s new Wave Tech Centre in the Andrew Davison Building on 6th Avenue SE

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

+ Meta is teaming with Reuters for its AI chatbot




 RISK 

+ 1 in 5 businesses fear a temporary shut down as their biggest liability; makes me want to know what the other 4 fear most ...

+ national action plan IS impacting – 19% decline in auto thefts

+ tight budgets cause Canadians to travel with insufficient insurance coverage ...

+ winter tires save lives – and going slower helps too; staying home, even more!




 CLIMATE CHANGE + LEED + RENEWABLE ENERGY 

+ GE Vernova planning CCUS 465-megawatt gas-fired power project including CO2 capture near Whitecourt

+ UK shut its last coal-fired power plant




 CONSTRUCTION + BUILDING SERVICES NEWS 

+ City of Calgary opened it’s new Wave Tech Centre in the Andrew Davison Building on 6th Avenue SE

+ Deerfoot Trail expansion project – Beddington Trail and 11 Street NE connector, completed




 CORPORATE RESPONSIBILITY + ESG REPORTS 

+ LNG Energy Group published its sustainability report

+ Waste Connections Inc. published its 2024 Sustainability Report




 REITs + TRUST NEWS 

+ REITrag covers activity and announcements on the activity of real estate investment trusts - REITs: - sign up at: https://markkolke.substack.com/s/reit-rag

+ Telsec Property Corporation and FC Private Equity Realty Management Corp. launched an all-cash mini-tender for Melcor REIT units




 INTERESTING TRENDS: OFFICE 

+ Enright Capital Ltd. acquired 635-8 Avenue SW from Cadillac Fairview




  SHAREHOLDER / INVESTOR MEETINGS 

+ Oct. 29; Cielo Waste Solutions Corp., Annual General Meeting, Calgary

+ Oct. 29; Falcon Oil & Gas Ltd., Special Meeting of Shareholders, Dublin

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

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

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

+ 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 

+ Oct. 28-29; Decentralized Energy Forum 2024, Whistler; register

+ Oct. 30; ESG Summit, Canada; Arcadian Court Toronto/virtual - info/register

+ Nov. 5-6; 2024 Smart Energy Vancouver, Vancouver – save the date;

+ 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. 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

+ 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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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