+ Alberta Government announced plans to source travel in private sector; plan to sell its airplane fleet
+ Alberta land sale netted $22.47 million for Government of Alberta
+ Apache Canada Ltd. engaged advisors to sell its Provost area assets
+ Blackbird Energy Inc. closed the sale of its Bistone project for $8.89 million
+ Calgary Marriott Downtown Hotel to get makeover/renovation; adding meeting space, renovating rooms … 40 yr. old property (remember when it was originally the Four Seasons?? … tired old-house is long overdue for a makeover but announced plans sound more like deferred maintenance than genuine upgrading)
+ Canadian dollar dropped following announcement by deputy-governor of Bank of Canada that our economy needs stimulus; G20 members are singing a similar tune, on track to provide US$ 2 trillion in stimulus over next 5 years
+ Canamax Energy Ltd. increased its 2014 CapEx Budget to $20.5 million
+ Carfinco Financial Group Inc. agreed to be taken over by Banco Santander SA for $298 million
+ Cenovus Energy Inc. achieved first oil production at its Foster Creek phase F expansion
+ Continental Resources Inc. announced its 2014 CapEx Budget is US$4.55 billion
+ Enbridge Inc. is planning to transfer US$900 million interest (the U.S. segment of Alberta Clipper Pipeline) to its affiliate Enbridge Energy Partners LP
+ Enbridge Inc. agreed to transfer $1.76 billion in natural gas and diluent pipeline assets to Enbridge Income Fund
+ Gemini Corporation agreed to acquire Muskeg Environmental Consulting Ltd.
+ Liberals won New Brunswick election in a close race; Brian Gallant is Premier-elect amid vote-counting controversy
+ McCoy Global Ins. sold its coatings and hydraulics businesses to Inotec Coating and Hydraulics Inc. and Corrosion and Abrasion Solutions Ltd.
+ Natural Resources Canada and U.S. Department of Energy signed a Memorandum Of Understanding on enhanced energy collaboration (plan to cooperate on initiatives including: enhancing the reliability and security of the North American energy infrastructure; enhancing coordination between Canada and the United States on the use of natural gas as a transportation fuel; improving energy efficiency; and expanding partnerships between research institutes) which, together with $4 will get you coffee at Starbucks
+ NewWest Enterprise Property Group and High Peak Group are merging; to operate as McCor Management
+ Nordstrom’s opened its first store in Canada – north end of Chinook Centre in space previously occupied by Sears
+ PanTerra Resource Corp. changed its name to Ikkuma Resources Corp.
+ Penn West Petroleum Ltd. filed its restated financial statements
+ Phillips 66 is planning a crude-by-rail project to serve Bakken producers; to handle 200,000 barrels/day
+ Powder Mountain Energy Ltd. announced its 2014 CapEx Budget is $9.1 million
+ Prentice government’s first week was active and political: cancelled changed license plates, selling planes, halts plan to close Michener Centre, appoints international reps, mandate letters to ministers , Legislature prorogued, Throne Speech coming Nov. 17, by-elections to be announced, new $36 million STARTER schools program , statements about climate change, negotiating with First Nations, alternate west coast pipeline route … busy week
+ Shaw Communications Inc. planning 24-hour news channel
+ Siemens agreed to acquire Dresser-Rand for US$7.6 billion; no work on what Siemens knows about fracking other than that they want in ..
+ Suncor Energy (61%) and The Pioneer Group Inc. (39%) agreed to sell assets of Pioneer Energy (includes 3939 Pioneer retail gas stations in Ontario & Manitoba) to Parkland Fuel Corporation for $182.5 million
+ TransCanada Corp.’s Keystone XL Pipeline, originally budgeted for $5.4 billion now expected to approach $10 billion due to six years of regulatory delays
+ Urbation and Marsh Report merged operations
+ Veresn agreed to pay US$ 1.425 billion to Global Infrastructure Partners for 50% interest in the Ruby pipeline system; Ruby line is operated by half-owner El Paso Pipeline Partners
