FACILITYCalgary

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

FACILITYCalgary May 6/25

ARCHIVED ISSUES

CONVERSATIONS

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SHAKERS AND MOVERS 
appointments and disappointments 

+ Allison Kuntz to Partner @ Stikeman Elliott LLP

+ Amy Bowe to VP ESG @ Africa Oil Corp.

+ Andrea Kilroy to Sr. Account Mgr. @ Proofpoint

+ Andy Ramsey to VP Finance and Interim CFO

+ Conor Chell to Counsel @ MLT Aikins

+ Corrine Jackman to Sr. Director of Property Management @ Centron Group

+ Craig Knight to VP Production @ Africa Oil Corp.

+ Darko Ulakovic, COO @ Questor Technology, left the company

+ David Charron, CFO @ TeraGo Inc., left the company

+ Harry Taylor to Interim Pres. & CEO @ WestJet Group

+ Indy Butany-DeSouza to Pres. & CEO @ Elexicon Energy Inc.

+ Jaclyn O’Neil to VP Investments @ BentallGreenOak

+ Jeff Watt to Pres. @ Ledcor Industries

+ Joanna Rotenberg to Head of Personal Investing @ Fidelity Investments Inc.

+ Lesley Kim to Partner, National Tax Group @ Gowling WLG (Canada) LLP

+ Lesley Munk to Sr. VP Lega (Canada) @ NFP

+ Louis Gagnon to CEO @ Foresters Financial

+ Maria Douvas to Chief Legal Officer @ Royal Bank of Canada

+ Nadine Ahn to CFO @ Royal Bank of Canada

+ Neil McLaughlin to Group Header, Personal & Commercial Banking @ Royal Bank of Canada

+ Rahul Khasgiwale to VP Institutional Sales

+ Robert Nardi to COO @ Nakisa

+ Ron Stevenson to Vice-Chairman @ Ledcor Group of Companies

+ Sara Coyle to Director @ Wildpack Beverage Inc.

+ Shawn Feldon to Exec. Dir., Multifamily Mortgages @ KingSett Capital

+ Shawn Gibson to Partner, Executive Strategy @ INCITO

+ Stephen Erlichman to Chair, ESG @ Middlefield Group

+ Tom Lassu to Pres. @ Ledcor Group of Companies

+ Travis Felker to Head of Product and Strategy @ TradeLogiq Markets 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 ]




 MEMORIAM 

+ Brian Shlah, Site Development Mgr. @ Scott Land & Lease Ltd., 55

+ Daina Kvisle Aldous, lawyer/in-house counsel, 38

+ Judy Gimbel, former Pres. & CEO @ Gimbel  Eye Centre, 84




 HUMAN RESOURCES + WORKPLACE TRENDS 

+ Canadian wages to rise next year

+ Manpower Group’s Employment Outlook Survey

+ succession planning in the electricity sector

+ work from home mandate in Alberta




CONVERSATIONS

Click here to access the archive (2012-2021) : archived conversations with fascinating Calgarians ...

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 SHAREHOLDER MEETINGS

+ Sept. 21; Mountain Valley MD Holdings Inc., Annual Shareholder Meeting, virtual-only

+ Sept. 21; TIMIA Capital Corporation, Annual General and Special Meeting, Vancouver

+ Sept. 23; Calgary Council of Voluntary Organizations, virtual-only

+ Sept. 27; Theatre Calgary Society and Theatre Calgary Endowment Foundation, Annual General Meeting of Members, virtual-only

+ Sept. 28; Calgary Philharmonic Society, Annual General Meeting, Jack Singer Hall, Calgary

+ Sept. 28; PSP Investments, Annual Public Meeting 2021, virtual-only

+ Sept. 30; Friends of Confederation Creek, Annual General Meeting; zoom-only link

+ Oct. 5;  Equitable Group Inc., Special Meeting of Unitholders, virtual-only

+ Oct. 7; WPT Industrial REIT, Special Meeting of Unitholders, virtual-only

+ Oct. 12; Cervus Equipment Corporation, Special Meeting of Shareholders, virtual-only

+ Nov. 12;  Falcon Oil & Gas Ltd., Annual General and Special Shareholder Meeting, virtual-only

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




  GLOSSARY + ABBREVIATIONS + ACRONYMS 

CLICK HERE FOR FULL GLOSSARY  




 SAVE THE DATE - CHARITY GOLF TOURNAMENTS 

+ Sept. 22; CAOEC Golf Tournament, Elbow Springs Golf Club, Calgary; info/sponsor - register

+ September 27; Calgary Academy 40th Celebration Golf Tournament, Bearspaw Golf Club; info/register

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




 CLIMATE CHANGE + LEED + RENEWABLE ENERGY 

+ EDP Renewables SA and TC Energy Corporation agreed to develop 297MW Sharp Hills Wind Farm near New Briden (near Saskatchewan border) – will be operational in 2023




 QUOTES 

+ Often the difference between a successful person and a failure is not one's better abilities or ideas, but the courage that one has to bet on one's ideas, to take a calculated risk—and to act. – André Malraux 

+ An election nobody wanted and nobody got what they wanted. – Chantal Hebert




 KUDOS 

+ to BMO Financial Group for donating $1.0 million to the Glenbow Museum for its reinvention process

+ to Scotiabank Calgary Marathon (the 57th) – mix of race formats and fundraising for charities – winners, charities

+ to The Establishment Brewing Company – recognized as the Best Brewery in Canada 2021




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Your Vote Matters! 

a Virtual Mayoral Forum hosted by Kerby Centre and THIRD ACTion Film Festival


STREAMING ON OCTOBER 1st - Mayoral Candidates (3 minutes each) will address issues affecting older Calgarians - save the date, book your free ticket - streaming at NOON, October 1st



 Sponsors of this week's issue:

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 LEADERS IN PRIVATE WEALTH MANAGEMENT



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FACILITYCalgary newsletters may not be reproduced, rewritten, distributed, re-disseminated, transmitted, displayed, published or broadcast, directly or indirectly in any medium without the prior written permission of MaxComm Communications - © Copyright 1999 - 2021 MaxComm Communications. All rights reserved. Domains operated by MaxComm Communications:

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 weekly newsletter

Est. July, 1999

~
Mark Kolke, Publisher

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NEWS SUMMARY 
 Sept, 14 ~ 21 / 2021 


+ Alberta government declared a State of Emergency – new measures and a ‘restricted exemption program’

+ Calgary Council races; City of Calgary 2021 elections; nominations have closed;  now of 30 candidates, 2 have withdrawn leaving 28 in the race  running for mayor, and 111 candidates have filed nomination papers for the council’s 14 Ward seats – also, 38 candidates for Public Schools trustee, and  18 candidates for Separate School Board trustee

+ Calgary City Council approved expanded and permanent restaurant patio program and tax deferrals for hotels

+ CANADA –yesterday’s federal election results (preliminary) indicate: Trudeau/Liberal government – Elections Canada results – official results will take a few days

+ Canadian Pacific and Kansas City Southern agreed to combine; transaction value is US$31.0 billion

+ COVID-19 in Alberta current stats – variant/4th wave surge continues, hospitalizations up [ 20,614 active cases – 954 in hospital, 216 patients in intensive care]; Alberta now offering downloadable vaccination record (a passport by another name)

+ COVID vaccination records now available from AHS; I downloaded mine in less than three minutes – go here to get yours

+ Cuda Oil and Gas Inc. sold its Alberta assets for $2.67 million

+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; crude prices continue steady/up on steady demand, a strengthening U.S. dollar, inventory draw-downs and slow post-hurricane production recovery in GOM

+ EDP Renewables SA and TC Energy Corporation agreed to develop 297MW Sharp Hills Wind Farm near New Briden (near Saskatchewan border) – will be operational in 2023

+ Enbridge Inc. battle with Michigan over Line 5 replacement continues; Michigan wants to end its mediation efforts

+ Global Energy Show postponed – new dates for June/2022

+ HOUSING TRUTH – monthly residential newsletter: HOUSING TRUTH – CLICK HERE TO SIGN UP for our mailing list  –  August issue, archived issues …

+ MNP LLP merging with MacAlpine and Company (SW Ontario)

+ name changers: Input Capital Corp. is changing its name to SSC Security Services Corp.

+ Pivotree Inc. acquired Bridge Solutions Group Corp. for US$6.0 billion

+ PROPERTYlines;  – monthly commercial real estate newsletter  CLICK HERE to see the August issue;  archived PROPERTYlines Issues  

+ PwC Canada acquired Avaleris Inc.

+ rig activity in Canada

+ rig counts (active/working) – US: up 9 to 512 this week; Canada: up 8 to 154 this week; full breakdown and international rig counts

+ Shell Enterprises LLC agreed to sell ifs Permian business to ConocoPhillips for US$9.5 billion

+ TC Energy Corp. sold its remaining 15% interest in Northern Courier Pipeline to a Suncor Energy Inc. led consortium ; AIMCo holds 85% of Northern Courier

+ THIRD ACTion Film Festival is running, in conjunction with RaffleBox – a 50/50 fundraiser – click here to participate – help us raise funds!




THIS WEEK IN FINANCINGS 
- proposed & closed

+ Avanti Energy Inc. closed $1.5 million in equity by private placement

+ CarDoor raised $3.0 million in seed-round financing

+ Cenovus Energy Inc. closed US$1.25 billion in debt financings

+ Chorus Aviation Inc. is on the market to raise $85.0 million in sr. unsecured debt

+ Clearford Water Systems Inc. secured US$2.0 million in debt financings

+ Crux Operations Control Management Limited raised $9.0 million in venture financing

+ Equitable Bank closed €350.0 million debt financing

+ Hydro One Inc. is on the market to raise $900.0 million in unsecured debt

+ MedStack Co. closed US$3.1 million in equity

+ Newtopia Inc. closed $2.5 million debt financing by private placement

+ Tidewater Midstream and Infrastructure Ltd. closed $11.025 million overallotments of its recent $161.0 million IPO equity raise

+ XTM Inc. is on the market to raise $6.0 million in equity by private placement

*editor’s note: names 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 …




 SAVE THE DATE / upcoming events

+ Sept. 21 - 23; Global Energy Show, Stampede Park, Calgary; awards nomination, info/registration [ this event cancelled due to COVID State of Emergency]

+ Sept. 22-23; Canadian Apartment Investment Conference, online/virtual – info/registration

+ Sept. 28-29; RealREIT 2021 – REIT Conference, online/virtual – info/registration

+ Sept. 30-Oct. 3; Calgary Fall Home Show, Stampede Park, Calgary, info/book a booth

+ Oct. 4-6 [REVISED DATE]; NeoCon, the Mart, Chicago; info/register

+ Oct. 20 -21; Calgary Real Estate Forum, virtual format; agenda/register

+ Oct. 20-21; BOMEX Virtual 2021, The New Normal?, annual conference; info/register

+ Nov. 5; 7th Annual Peter Burgener Charity Concert for Classrooms with Barney Bentall and the Cariboo Express, Bella Concert Hall, Mount Royal University; GET TICKETS

+ Nov. 9-10; ISA, Calgary Show – Expo & Conference, Telus Convention Centre, Calgary; save the date / submit a paper (deadline is June 7) / conference brochure/register

+ Dec. 6-9; World Petroleum Congress, Houston; info/registration

2022

+ Feb. 17-18; Canadian Concrete Expo, International Centre, Mississauga, ON; save the date

+ Mar. 31 – Apr. 1; National Heavy Equipment Show, International Centre, Mississauga; save the date

+ Apr. 6-8; Economic Developers of Alberta – EDA Experience 2022, Pomery Kananaskis Moutain Lodge, Kananaskis; info/partner/call for presenters

+ June 7-9; Global Energy Show, Stampede Park, Calgary; awards nomination, info/registration

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




 CORPORATE RESPONSIBILITY + ESG REPORTS 


+ Minto Group released its 2020 Sustainability Report



 INFRASTRUCTURE + P3 

+ EDP Renewables SA and TC Energy Corporation agreed to develop 297MW Sharp Hills Wind Farm near New Briden (near Saskatchewan border) – will be operational in 2023

*information in this section, relevant to Alberta/Calgary – for national and international news, go to our PROPERTYlines monthly publication




 OUR MEDIA PARTNERS 

+ GLOBAL ENERGY SHOW   - postponed to June, 2022; North America's Leading Energy Event, Stampede Park - Calgary, Canada

+ Check out this year’s GLOBAL ENERGY AWARDS winners


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