+ 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