FACILITYCalgary

news, commentary & perspective - financings, deals - commercial real estate, infrastructure, oil & gas

FACILITYCalgary May 6/25

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Have you got news our readers will want to hear?  Send us your appointment (or disappointment) notices, press releases, and industry news to: kolke@facilitycalgary.com

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SHAKERS AND MOVERS 
appointments and disappointments 

+ Andrea Limbardi to President, CEO and Director @ Reitman’s Canada Ltd.

+ Andrew Basi to Managing Director, Calgary @ KSV Advisory

+ Catherine Milum to Pres. & CEO, Clarington Investments @ iA Financial Group

+ Christian Settano to CFO @ BDC

+ Craig Louden to COO @ Indigo Books & Music Inc.

+ Doug Smith to Acting General Manager, Planning, Urban Design and Sustainability @ City of Vancouver

+ Eileen Naughton to Director @ Indigo Books & Music Inc.

+ Georgia Little to VP Finance & CFO @ Headwater Exploration Inc.

+ Heather Reisman returned to her role as CEO and Director @ Indigo Books & Music Inc.

+ Howard Schultz, founder and former CEO and Director @ Starbucks Coffee Company, resigned

+ Jennifer Teskey top Canadian Managing Partner @ Norton Rose Fullbright

+ Laura Buss Sayaveda to Sr. VP, External Affairs & Chief Legal Officer @ Enbridge Inc.

+ Peter Ruis, CEO @ Indigo Books & Music Inc., stepped down

+ Reggie Hedgebeth to Exec. VP, External Affairs & Chief Legal Officer @ Enbridge Inc.

+ Theresa O’Donnell, General Manager, Planning, Urban Design and Sustainability @ City of Vancouver, sent packing

+ Tim Dinesen to Sr. VP and Chief Technology Officer @ Cogeco Communications Inc.

+ Valéry Zamuner to Sr. VP, Chief Corporate Affairs and Legal Officer @ Cogeco Communications 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 ]


 


 
 SAVE THE DATE / upcoming events

+ Sept. 17-21; 24th World Petroleum Congress; Energy Transitions – the path to Net Zero, BMO Centre, Stampede Park/registration; early bird registration is open; exhibition features – what, where, when

+ Sept. 19-20; Energy Works, Career Expo, Telus Convention Centre, Calgary; register

+ Sept. 26; Sustainable Democracies in the Age of Fragmentation, U of C, School of Public Policy, register

+ Sept. 26-28; BOMEX Edmonton 2023; JW Marriott/Ice District, Edmonton; details/registration open

+ Sept. 26-29; International Energy Agency – Technical Collaboration Program, EOR 2023 Conference – Preliminary Program, Hotel Arts, Calgary; sponsor opportunities

+ Sept. 27-28; 11th Annual Power Symposium, DoubleTree/Hilton Calgary North, Calgary; info/agenda/register

+ Sept. 27-29; IFMA World Workplace Conference & Expo, Denver, Colorado; agenda / register

+ Sept. 26-29; IFMA World Workplace Conference, Colorado Conventional Centre, Denver; register

+ Sept. 28; Canadian Energy Person of the Year – Award Gala Dinner, honouring ATCO Chair & CEO, Nancy Southern, Calgary Petroleum Club; info/tickets

+ Sept. 29 – Oct. 1; Calgary Fall Home Show, BMO Centre, Stampede Park, order tickets

+ Oct. 11; Calgary Real Estate Forum, Calgary TELUS Convention Centre, Calgary; info/agenda/register

+ Oct. 16-17; The 2023 National Building Decarbonization Forum, National Arts Center, Ottawa – save the date

+ Oct. 18-19; BUILDEX Alberta, 20-24; Calgary – save the date

+ Oct. 21; Calgary Public Foundation - #LitGala2023 , Central Library; info/tickets

+ Oct. 27; Classroom Champions, Concert for Classrooms – Barney Bentall & The Caribou Express, Bella Concert Hall, Calgary; info/tickets (link to highlights of 2022 Toronto concert) ; save the dates – Calgary, Oct. 27 / Toronto, Nov. 2 – tickets on sale now – click here to order

+ Oct. 28 – Nov. 5; Banff Centre Mountain Film and Book Festival – info/program/tickets

+ Nov. 1-2; Supply Change, Conference & Expo, Westin Airport, Calgary; info / register

+ Nov. 6 & 5; 2023 Decentralized Energy Forum, Fairmont Chateau Lake Louise; info / register

+ Nov. 7-8; Canadian Aerospace Summit, Ottawa - save the date

+ Nov. 14-15; Oilfield Electrification Technology Conference, Hyatt Houston West, Houston; register, submit abstracts

+ Nov. 15-16; Fenestration Canada’s WinDoor 2023, Toronto Congress Centre, Hall D; registration

+ Nov. 30 – Dec. 12; COP28 UAE, Expo City, Dubai; info

 

~~~

2024

+ Apr. 16-17; Innovate West, Vancouver Convention Centre; info/book – save the date

+ Oct. 20-24; Greenhouse Gas Control Technologies Conference (GHGT), Telus Convention Centre, Calgary – save the date

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




 QUOTES 

+ Now is no time to think of what you do not have. Think of what you can do with what there is. – Ernest Hemingway (from The Old Man and the Sea)




 INTERESTING TRENDS IN RETAIL 

+ Century Casions Inc. closed the sale of four Alberta properties in sale/leaseback transaction with Vici Properties Inc. for US$162.4 million

+ The Bay announced that Zellers ‘pop up stores’ will soon appear in all HBC stores; including 4 in Calgary, 2 in Edmonton




  INTERESTING TRENDS IN MULTI-RES REAL ESTATE 

+ CapREIT closed $54.0 million sale of 263-door property in Calgary




 CLIMATE CHANGE + LEED + RENEWABLE ENERGY 

+ ATCO Ltd., Chiniki First Nation and Goodstoney First Nation formed an equity partnership for the Deerfoot(37MW) and Barlow(27MW) solar power projects




 CORPORATE RESPONSIBILITY + ESG REPORTS 

+ Mattr published its 2022 ESG Report

+ PSP Investments published its 2023 Sustainable Investment Report




 Sponsors of this week's issue:

 
link to Premiere used furniture website
 
OFFICE FURNITURE SALES



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

 


 
 
EXECUTIVE SEARCH

 
 

Oliver Baezner, Managing Partner
oliver.baezner@altopartners.ca

 


 
ROCKY VIEW COUNTY
Business & Economic Development

 


 
 
 
BennettJones.com



 

Our IFMA Calendar of Events is in development. New directors are in place.

Stay tuned for announcements; dates to note for facility tours, education and networking events this fall coming soon ...


Registrations via our Events Page - click here

 

MEMBERS WANTED - Watch this space for information on our new membership and fee structure - some soon. Lapsed/past MEMBERS are invited to re-join; check out benefits and costs ... - Click here for more information

If you are interested in volunteering with IFMA Calgary - contact Mark Kolke for more information; we are always looking for a few more players for our team



 
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



 
CONTACT MARK KOLKE 
PROPERTY MANAGEMENT SERVICES

OFFICE AND INDUSTRIAL LEASING

RETAIL LEASING AND SALES

 


Mark Kolke, DTM, VP Commercial - MaxWell Capital Realty
6204B Burbank Road SE, Calgary, AB T2H 2C2
. . . . . . . . . . . . . . . . . . . . . . 
Consultant - Special Purpose Projects, P3, Education Facilities
Agent - Investment Sales; Office, Industrial & Retail Leasing
A full-service real estate practice:
Commercial - Investment Sales & Leasing | Consulting | 
Agricultural | Residential Sales | Land | Property Management | 
 
Phone/Text: (403)-312-8359 / email: kolke@markkolke.com 
PLANDflex Corporation / Consulting Services
Editor / Publisher - FACILITYCalgary
MaxWell Capital Realty / VP Commercial /Agent/Realtor
. . . . . . . . . . . . . . . . . . . . . . 



 


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 THIS WEEK - NEWS SUMMARY 

 September 13 ~ 19 / 2023 


+ 23rd World Petroleum Congress opened in Calgary at Stampede Park – runs all week

+ Alberta wildfire status: 82 wildfires still burning in Alberta, 2 still out of control; evacuated Hay River NWT residents started returning

+ ATCO Ltd., Chiniki First Nation and Goodstoney First Nation formed an equity partnership for the Deerfoot(37MW) and Barlow(27MW) solar power projects

+ Athabasca Oil Corporation closed its sale of non-core asset portfolio

+ Century Casinos Inc. closed the sale of four Alberta properties in sale/leaseback transaction with Vici Properties Inc. for US$162.4 million

+ current energy prices; live links to Bloomberg energy prices / OilPrice.com; WTI @ US$92/bbl, Brent @ US$94/bbl; prices rise notwithstanding slowing Chinese demand as Saudi Arabia announced that its 1.0 million bbl/day production cut introduced in July will be held firm and extended to the end of 2023

+ Cygnet Energy Ltd. completed its acquisition of a portfolio of Duvernay and Montney assets

+ E.coli outbreak in Calgary has worsened – 348 lab confirmed cases;  Alberta Health Services (AHS) declared an E. coli outbreak for six locations of a Calgary daycare and five additional sites that share a central kitchen; six sites and now five more that share a central kitchen in addition to sites closed earlier and since reopened – investigation ongoing; FULL ADVISORY and September 18th update

+ Essential Energy Services Ltd. to be acquired by Element Technical Services for $77.7 million

+ FACILITYCalgary, a sponsor-supported FREE weekly newsletter; ‘send time’ is early every Tuesday; Calgary news focused on oil & gas, finance and the real estate industry; click here to sign up

+ Government of Canada news; Parliament is back in session, food retailers called to a scolding and threats about prices, and announcements showing – finally – action to stimulate development of rental housing and imposing funding-connected zoning changes on municipalities (i.e. as in Calgary)… tic toc

+ IRC Trust and Indigena Drilling Inc. formed a new drilling initiative

+ Lycos Energy Inc. agreed to acquire Durham Creek Exploration Ltd. for $22.5 million

+ 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 message Sept 18, and last week’s Sept. 11

+ reader contributions: are always welcome. Please forward your comments, news items, and company appointment announcements; forward to: kolke@facilitycalgary.com

+ REITrag – is a curated news publication real estate investment trusts; all Canadian REITs and adding American and European listings; available by subscription; June/2023 – Issue #4 & archived previous issues - sign-up form – get on our mailing list to receive REITrag and MONDAY MORNING MINUTE

+ rig activity in Canada, courtesy of BOE Report

+ rig counts/utilization (active/working) – US: up 9 to 641 this week; Canada: up 8 to 190 this week; full breakdown and international rig counts

+ SNC-Lavalin is rebranding; changing its name to AtkinsRéalis

+ Trans Mountain Pipeline Expansion project is facing further construction/route deviation delays that may push completion to late 2024


 


 
THIS WEEK IN FINANCINGS 
- proposed & closed

+ Canadian Tire Corporation Limited closed $600.0 million unsecured debt raise by private placement

+ Enbridge Inc is on the market to raise $4.0 billion in equity

+ Fineqia International Inc. closed $1.546 million first tranche of an equity raise by private placement

+ Hydro One Inc. is on the market to raise $425.0 million in debt

+ Intact Financial Corporation closed $575.0 million equity raise

+ Intact Financial Corporation closed $400.0 million debt financing

+ Liberty Defense Holdings Ltd. is on the market to raise $2.0 million in equity by private placement

+ Lycos Energy Inc. is on the market to raise $30.4 million in equity

+ Meduxus Pharmaceuticals Inc. is on the market to raise $10.0 million in equity

+ NetraMark Holdings Inc. closed $1.5 million equity raise by private placement

+ Ravensource Fund closed $3.795 million equity raise by private placement

+ Spectra7 Microsystems Inc. closed $2.838 million convertible debt raise by private placement

editor’s note: names of 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 …




 
 REITs + TRUST NEWS 

+ CapREIT closed $54.0 million sale of 263-door property in Calgary

+ REITrag covers activity and announcements on the activity of real estate investment trusts - REITs: March/2023 ~ Issue #1; April/2023 ~ Issue #2 ; May/2023 – Issue #3; June/2023 – Issue #4 ; 23 – Issue #5 and #6 coming soon …




 
 SAVE THE DATE - CHARITY GOLF TOURNAMENTS 

+ Sept. 21; Calgary’s 65 Roses Ladies Golf Classic in support of Cystic Fibrosis Canada, The Winston Golf Club, Calgary; info/registration

+ Sept. 28; Accessible Housing Annual Fundraising Gala, Dinner for Doors; Silver Springs Golf Cub, Calgary - tickets

+ send us your 2023 tournament information – we are happy to post it here

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

p.s. – we know it’s early, but if you have a date and a course booked for your 2024 tournament, we’ll happily post it as a ‘save the date’


 


 SHAREHOLDER MEETINGS

+ Sept. 19; Dialogue Health Technologies Inc., Special Meeting of Shareholders, Montreal

+ Sept. 21; Calgary Chamber of Voluntary Organizations, AGM, Calgary

+ Sept. 25; Theatre Calgary Society, Annual General Meeting, Calgary

+ Sept. 27; Pipestone Energy Corp., Special Meeting of Shareholders, Calgary

+ Sept. 26; TransAlta Renewables Inc., Special Meeting of Shareholders, virtual only

+ Sept. 28; WesCan Energy Corp., Annual General and Special Meeting, Vancouver

+ Oct. 17; Public Sector Pension Investment Board, Annual Public Meeting, virtual only

+ Oct. 25; Clearview Resources Ltd., Special Meeting of Shareholders, Calgary

~ Canadian banks and life insurance companies got approval to do their 2023 annual meetings virtually

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


 
 
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