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FACILITYCalgary May 20/25

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 THIS WEEK - NEWS SUMMARY 

  September 18 ~ 24, 2024 


 


 QUOTES 

+ Clarity if freedom. Know what is important to you and it will grant you the freedom to ignore everything else. - James Clear




 
                                                                                                    

- FACILITY Calgary - now in it's 26th year - every Tuesday morning - getting better, growing our audience, offering 'things you want to know' to people who want to know it

                                                                                                    

Your donation to iGIFTsight.ca helps poor kids see (YES, Canadian kids) - I've taken on a role with this very worthy work - a Calgary based charity with a national plan. I'm not asking anyone to switch the charities you support - and I'm asking you to add this one. Your money goes a long way. For instance, a $75.00 donation puts glasses on the faces of five kids who can't see the board. How can we do that?  Parntnerships, relationships, suppliers and creativity, volunteers and trust.

Mark Kolke, VP Fund Development, i GIFT sight

A message from FACILITYCalgary publisher Mark Kolke.
We are pleased to celebrate our relationship with iGIFTsight - a Calgary-based Canadian charity with a Canada-wide mission; if you've not heard about iGIFTsight, we urge you to invest a few moments of your time - click on a link to the site. You'll learn there is an unmet need for vision service in our communities. Getting eye exams, treatment, glasses and other corrective actions is something most of us take for granted as something we have funds or a benefit program, or that services are available where we live. This is made worse when families are already stretched so very far. If you can help, please consider helping in any that you can.

 
DONATION INFO/OPTIONS

 
 
                                                                                                    

 
 Sponsors of this week's issue:

 
 
visit: Premiere Van Lines Calgary / www.pvlcalgary.com
e-mail:  calgary@pvlcalgary.com
 
OFFICE MOVERS



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

 


 
 
 
 
BennettJones.com

 


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

 


 
 
 
 
ROCKY VIEW COUNTY
Business & Economic Development

 


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

 


 
 
Visit: https://falkbuilt.com/
~
E-mail: thom.hinton@falkbuilt.com
~
DIGITAL COMPONENT CONSTRUCTION

 
                                                                                                    

 
CONTACT MARK KOLKE 
PROPERTY MANAGEMENT SERVICES

OFFICE AND INDUSTRIAL LEASING

RETAIL LEASING AND SALES

 
                                                                                                    

 
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  NEWS THIS WEEK  


+ Alberta Crown Land Sale; Sept. 18; record price for Montney piece – total proceeds, $27.5 million

+ Alberta Life Sciences Week – Sept 23-27; 60 events ...               

+ Artrari One Capital Corp. agreed to acquire Atlas One Digital Securities Inc.

+ Arvore Partners LP acquired an asset portfolio from Equicapita for $238.0 million

+ City of Calgary office conversion program is getting more support; $52.5 million in additional funding approved ...

+ City of Calgary – WATER CRISIS IS OVER – for now; after our 2nd crisis of the summer, all water restrictions were lifted completely on September 22 @ 10AM  - crisis over, feeder main back online

+ current energy prices; live links to Bloomberg energy prices / OilPrice.com / BOE INTEL ~  WTI @ US$71bbl; Brent @ US$74/bbl – U.S. Fed rate cut countering weak demand; U.S. Energy department in on the market a acquire 6.0 million bbl to replenish national petroleum reserve depleted in 2022 sell-off

+ fire season 2024: 59 fires are active – 58 are new/2024 fires – all are being held or under control

+  Greenline politics: Green Line LRT Saga ... ; and GOA double-talk … tic toc

+ GWL’s First Canadian Centre created 20,000 sq. ft. - new tenant amenity package on it’s fitness/lounge/conference are on main and mezzanine levels  - similar to it’s improvements across the country. As office-use shifts from traditional to home-work, to hybrid, uncertainty continues globally but landlords are relying on traditional inducements to win tenants – vacant space use for amenities attracts tenants vs. buildings without, and in a marketplace focused on employee recruitment and retention, GWL seems to have an approach worth considering. In the end, it’s CFOs deciding on costs, but increasingly it’s the HR shops in large companies driving direction/choices more than ever ... tic toc, we’ll see

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

+ KORT PAYMENTS acquired Barnet Technologies

+ 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 588 this week; Canada: down 7 to 211 this week

+  Rogers Communications Inc. agreed to acquire Bell’s 37.5% ownership stake in Maple Leaf Sports & Entertainment for C$4.7 billion

+ Shell shuttering two Gulf of Mexico facilities in preparation for potential storm activity

+ Tribe Property Technologies acquired DMSI and branded its property management unit as DMS




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SHAKERS AND MOVERS 
appointments and disappointments 

+ Campbell Belcher to Director  Siyata Mobile Inc.

+ Chris McHaney to Exec. VP, Head of Investment Management and Strategy @ Global X Investments Canada Inc.

+ Christian Sgro to Head of IR @ VitalHub Corp.

+ David Scudellari to Sr. Exec. Managing Dir., Global Head of Private Assets and Strategic Partnerships @ AIMCo

+ David Smith to Director @ Advantage Energy Ltd.

+ Elliott Hill to CEO @ Nike

+ Dr. Teresa Goldstein to Member @ National Housing Council

+ Greg Kalil to Trustee @ Alignvest Student Housing REIT

+ Greg Northcott to CEO @ Egis Group

+ Jacques Goulet to Exec. Chair @ Sun Life Canada

+ Jay Forbes to Pres. & CEO @ Woodbridge Company Limited

+ Jean Gattuso to Board Chair @ Letko, Brosseau & Associates Inc.

+ Jennifer Keesmaat to Member @ National Housing Council

+ Jessican Tan to Pres. @ Sun Life Canada

+ Jordan Clouthier to VP & District Manager, Calgary @ PCL Construction

+ Justin Lord to Sr. Exec. Managing Dir., Global Head of Public Markets @ AIMCo

+ Marc-Antoine Ducas to Pres. & CEO @ Avvy Health

+ Marlene Puffer, Chief Investment Officer @ AIMCo, stepped down

+ Martine Ferland to Director @ Adecco Group

+ Ming Jang to @ Uriel Gas Holdings Corp. 

+ Parveshindera Sidhu to Pres. & COO @ Genesis Land Development Corp.

+ Radhika Kakkar to Director @ goeasy Ltd.

+ Raymond Chun to Director & COO @ TD Bank Group 

+ Sameer Uplenchwar to CFO @ Kelso Technologies Inc.

+ Sophie Labrecque to Regionsl Sales Mgr. Quebec/Eastern Canada @ Schar

+ Tim Gabruch, Pres. @ IsoEnergy, resigned

+ William Young to Trustee @ Alignvest Student Housing REIT

~ 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 ]




THIS WEEK IN FINANCINGS 
- proposed & closed

+ AltaGas Ltd. closed a US$900.0 million jr.sub debt raise

+ BioVaxys Technology Corp is on the market to raise $1.5 million in equity by private placement

+ Butte Energy Inc. closed a $15.27 million equity raise by private placement

+ Gran Tierra Energy Inc. closed $150.0 million sr. secured debt raise

+ Hydro Quebec closed a $500.0 million unsecured debt financing
+ Kneat.com, Inc. is on the market to raise $35.0 million in equity

+ Motion secured a US$30.0 million funding

+ NTG Clarity Networks Inc. is on the market to raise $6.0 million in equity

+ Odd Burger Corporation is on the market to raise $4.0 million in convertible debt by private placement

+ Ontario Power Generation closed a $300 million debt raise

+ Whitecap Resources acquired a new $2.0 billion unsecured credit facility




 HR Resource + Workplace Trends + HSE 

+ breaking bad habits – improve your life as leader, or follower – Thinklific CEO free-newsletter




 RISK 

+  Alberta government providing up to $149.0 million in municipal relief support to Jasper




 CLIMATE CHANGE + LEED + RENEWABLE ENERGY 

+ battery recycling is soaring

+ Declaration to Triple Nuclear Energy; 14 Major Global Banks and Financial Institutions Express Their Support for Effort to Triple Nuclear Energy by 2050 gathered in New York …

+ Natural Resources Canada funding – another $14.8 million for 20 EV projects




 CORPORATE RESPONSIBILITY + ESG REPORTS 

+ Minto Apartment REIT published its 2023 ESG Report




  P3 + INFRASTRUCTURE  

+  Fraser River Tunnel Project update ~ Design Early Works Agreement  

+ GOA announced $8.6 plan to build 90 new schools but without a funding plan




 RETAIL 

+ Alvarez & Marsal are soliciting offers for some/all of the assets of The Body Shop brand and locations




 MULTI-RES 

+ Anthem Properties acquired 280 acres in SE Calgary for single and multi-family development

+ Cantiro Group acquired PBA buildings on 5th Avenue SW; will construct a +15 connected 33-storey tower with support from City of Calgary contribution to demo costs

+ City of Calgary office conversion program is getting more support; $52.5 million in additional funding approved ...




 OFFICE 

+ GWL’s First Canadian Centre created 20,000 sq. ft. - new tenant amenity package on it’s fitness/lounge/conference are on main and mezzanine levels  - similar to it’s improvements across the country. As office-use shifts from traditional to home-work, to hybrid, uncertainty continues globally but landlords are relying on traditional inducements to win tenants – vacant space use for amenities attracts tenants vs. buildings without, and in a marketplace focused on employee recruitment and retention, GWL seems to have an approach worth considering. In the end, it’s CFOs deciding on costs, but increasingly it’s the HR shops in large companies driving direction/choices more than ever ... tic toc, we’ll see  




 REITs + TRUST NEWS 

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




  SHAREHOLDER / INVESTOR MEETINGS 

+ Sept. 25; Chorus Aviation Inc., Special Meeting of Shareholders, Halifax

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

+ Oct. 15; Africa Oil Corp., Special Meeting, Vancouver

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

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

+ 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 ]




 CHARITY GOLF EVENTS 

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




 UPCOMING EVENTS / SAVE THE DATE 

+ Sept. 23- 25; BOMEX 2024, hosted by BOMA Vancouver – save the date

+ Sept. 24-26; International Pipeline Expo 2024, Telus Convention Centre, Calgary

+ Sept. 26; IFMA Calgary Chapter – Welcome Back Social @ McCrum’s Showroom, Calgary; register

+ Sept. 26; Canadian Mortgage Summit, Pearson Convention Centre, Toronto; info/register

+ Sept. 25-27; CREW Network (Commercial Real Estate Women), 2024 Annual Convention, Vancouver – save the date

+ Oct. 1-2; Energy Disruptors: UNITE 2024, BMO Centre, Stampede Park, Calgary - register

+ Oct. 1-2; Industrial Decarbonization North America 2024 – Pittsburgh; info/register

+ 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. 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; 80th Anniversary Gala, Calgary Construction Association, Westin, Calgary; register

+ 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

2025

+ Jan. 7-10; CES 2025 (Consumer Electronics Show, register

[ 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 20, 2025