FACILITYCalgary

+ Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful.” — Albert Schweitzer

+  If you don’t build your dream, someone else will hire you to help them build theirs.” — Dhirubhai Ambani

+ to Shane Homes – celebrating their 45^th anniversary with a $4.5 million donation to local charities 

FACILITYCalgary FREE

+ Canadian corporations – 9 of 10 considering acquisitions soon; KPMG CEO Outlook report

+ Canadian Natural Resources Ltd. has agreed to acquire Chevron’s entire oil sands stake for US$6.5 billion

+ City of Calgary – launched its ChargeYYC program; now open for applications by residents of apartments, condos, townhouses and row houses and multi-unit residential buildings – to install electric vehichle EV chargers

+ current energy prices; live links to Bloomberg energy prices / OilPrice.com / BOE INTEL ~  WTI @ US$74/bbl; Brent @ US$78/bbl – mideast tensions continue to rattle markets, China economic outlook remains uncertain

+ fire season 2024: 52 fires remain active – all are ‘being held’ or ‘under control’ status

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

+ Government of Alberta is changing it’s position on foreign controlled and private equity players – restricting acquisition of oil & gas processing facilities and power plants; great paper by Osler digs into this

+ Government of Canada ‘making lands available for housing’ program – released 14 more properties for developer proposals

+ Grant Thornton LLP Canada is now Doane Grant Thornton LLP

+ 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: down 2 to 585 this week; Canada: up 5 to 223 this week

+ TC Energy Coporation completed its spinoff of Liquids Pipeline business into South Bow Corporation

+ Telsec Property Corp. calling out Melcor REIT ‘take under’ proposal Melcor Developments Ltd. - urging minority unitholders to reject Melcor proposal

+ Topaz Energy Corp. agreed to $278.2 million royalty acquisition from Tourmaline Oil Corp.

+ Tourmaline Oil Corp. closed it’s $1.4 billion acquisition of Crew Energy Inc.

FACILITYCalgary FREE

+ Andrew Bateman to EVP, Lending @ Finastra

+ Blair Welch, Trustee @ Slate Office REIT, resigned

+ Brady Welch, Trustee @ Slate Office REIT, resigned

+ Bruce Heyman to CEO @ Power Sustainable

+ Diane Pedreira to Interim President @ Pluribus Technologies Corp.

+ Farrukh Ahmad to Associate @ Black, Cassels & Graydon LLP

+ Gitane De Silva to Senior Vice President ESG, Communications & Stakeholder Relations @ Reconnaissance Energy Africa Ltd.  

+ Jacqueline Shellon to Director, Deal Advisory, Turn Around & Restructuring @ KPMG

+ Jacqui McGillivray to Group Exec. VP & Chief People Officer @ The WestJet Group

+ Jana Mosley  to Director @ Ontario Energy Association

+ Jay Geers to Partner, Real Estate Group – Calgary @ Osler

+ John Brace to Interim Pres. & CEO @ Northland Power Inc.

+ Kathy Davies Murphy to Director of City & Regional Planning @ City of Calgary

+ Mary Vitug to Trustee @ Nexus Industrial REIT

+ Milos Dajic to Head of Canadian Investments @ Oxford Properties Group

+ Satvinder Flore to CEO @ geoLOGIC

+ Sripriya Thinagar to Director @ Tecsys Inc.

+ Stephany Verstraete to Director @ Tecsys Inc.

+ Tony Messer to VP, Energy Management @ InUnison

+ Vince Mifsud, President @ Enghouse Systems, resigned

+ Vincenza Sera to Board Chair @ EQB Inc.

~ 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 ]

+ Amazon hiring 9,000 more Canadians to holiday season bump

+ management want you back in the office – but are they ready for hybrid?

+  2025 Canadian Salary Guide – Robert Half published their numbers!

+ BriaCell Therapeutics Corp. closed a $5.0 million equity raise

+ CDPQ and Nuveen Green Capital is on the market to raise US$600.0 million in equity

+ Coelacanth Energy Ltd. secured a $52.0 million credit facility

+ Flora Fertility secured a $1.5 million financing

+ Frontier Lithium Inc. secured a $6.1 million funding

+ Kraken Robotics Inc. is on the market to raise $45.0 million

+ Logam Energy Corp. closed a $50.0 million equity raise

+ Primaris REIT closed $69.6 million in equity raises

+ Propel Holdings Inc. closed a $115.115 million equity raise

+ Rock Tech Lithium Inc. closed a $3.314 million equity raise

+ Tenth Avenue Petroleum Corp. is on the market to raise $1.7 million in equity

+ Teralys Capital Venture Capital Catalyst Initiative Fund closed a $475 million equity raise

+ Topaz Energy Corp. is on the market to raise $175.4 million equity in equity

+ 407 International Inc. raised $500.0 million in sr. secured debt financing

+ A goat named Joshua escaped from his enclosure in Newfoundland and joined 250 runners to complete a half marathon.  Joshua was awarded a medal and will head to Boston next April to tackle Heartbreak Hill.

+ Enbridge Inc. and Microsoft are collaborating – use of AI for improvements in ESG and Asset Optimization

+ Microsoft is going nuclear; Three Mile Island restart … to produce power for massive increase in power needs for datacenters

+ OpenAI working on largest VC financing of all time

+ Alberta risk – phony ‘ghost brokers’ scamming purchasers of auto insurance ...

+ Aon’s fall 2024 – Market update Canada

+ auto thefts in Canada soaring above historical levels

+ Geocycle turning waste to low-carbon fuel for Lafarge cement facility

+ Microsoft is going nuclear; Three Mile Island restart ...

+ Calgary office-to-res conversions continue

+ Geocycle turning waste to low-carbon fuel for Lafarge cement facility

+ Government of Canada ‘making lands available for housing’ program – released 14 more properties for developer proposals

+ Enbridge Inc. and Microsoft are collaborating – use of AI for improvements in ESG and Asset Optimization

+ the Ontario Securities Commission published a Sustainable Finance Insights report

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

+ Slate Office REIT terminated its external management agreement

+ Telsec Property Corp. calling out Melcor REIT ‘take under’ proposal Melcor Developments Ltd. - urging minority unitholders to reject Melcor proposal

+ Sleep Country takeover by Fairfax completed

+ Calgary office-to-res conversions continue

+ Oct. 8; A&W Revenue Royalties Income Fund, Special Meeting of Unitholders, Vancouver

+ Oct. 18; Crown Capital Partners Inc., Debentureholder Meeting, Calgary

+ Oct. 23; NEI Investments, Unitholder Meeting, Toronto

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

+ Dec. 10; Dye & Durham Limited, Special Meeting of Shareholders, Toronto

~ some guidance on conducting virtual shareholder meetings, provided by BD&P

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

~ [please send your 2025 charity golf event notices to kolke@facilitycalgary.com ]

+ Oct. 7-8; Infrastructure Partners Conference, Edmonton Convention Centre; info/register

+ Oct. 8; Calgary 2025 Economic Outlook, BMO Centre, Stampede Park, Calgary; tickets

+ Oct. 8; HR – Employment Law Masterclass Alberta; virtual, speakers, register

+ Oct. 16-17; Canada’s Productivity Summit, University of Calgary, School of Public Policy, BMO Centre, Stampede Park, Calgary; info/register

+ Oct. 17-18; Canadian Bar Association, Insolvency Law Conference, Banff; register / agenda

+ Oct. 20-24; Greenhouse Gas Control Technologies Conference (GHGT), Telus Convention Centre, Calgary – info / register

+ Oct. 24; The Fraser Institute Founders’ Award Dinner – honoring Jon Love, Fairmont Royal York, Toronto; info/tickets

+ Oct. 19; Calgary Real Estate Forum, TELUS Convention Centre; register

+ 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 - 80^th 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 go on sale soon

+ 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

+ 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 ]

FACILITYCalgary FREE