+ Andrea Bolger to Director @ Laurentian Bank Financial Group

+ Dan Wilcock to Pres. & CEO @ Canada Games Council

+ David Mowat to Director @ Laurentian Bank Financial Group

+ Devin Dyler to Design Mgr. @ Gracorp Capital Advisors Ltd.

+ Eric Ellingbogen to CEP & Vice-Chair @ DHX Media

+ Evan Hu to Chief Technology Officer @ TerraHub Technologies Inc.

+ Gus Papageorgiou to Head of Research @ PI Financial Corp.

+ Ian Schafer to VP Bus. Dev. @ Toscana Energy Income Corporation

+ James Fralick to Director, Merchandising & Marketing @ Gentec International

+ Joe Durante, CEO @ Toscana Energy Income Corporation, stepped down

+ Jonathon Fitzgerald, Group Pres., Addition Elle and Penningtons @ Reitmans (Canada) Limited, left the company

+ Karen Baptista to Property Administrator @ ONE Properties

+ Kurt MacAlpine to CEO @ @ CI Financial Corporation

+ Mark Hadley to VP Exploration @ Toscana Energy Income Corporation

+ Michael Stickney to Chief Growth Officers @ iA Financial Corporation

+ Kylie Gardner to Principal @ STRAAD

+ Peggy Perry to Pres. @ Willow Park Wines & Spirits

+ Peter Anderson, CEO and Director @ CI Financial Corp., retiring

+ Peter Watson to CEO @ Canadian Energy Regulator

+ Ron Hallman to Pres. & CEO @ Parks Canada Agency

+ Ryan Heath to CEO @ Toscana Energy Income Corporation

+ Shannon Fijal to Exec. Director @ Richardson Foundation Inc.

~

 [send us your appointment notices  kolke@facilitycalgary.com ]

+ is there a business case for diversity and inclusion?

+ carbon tax impact on jobs

+ airlines banning Apple MacBooks from checked luggage; Quantas, Virgin, Singapore Airlines and Thai Airways so far … more expected – due to batteries that catch fire – yikes!

+ the Bear’s Den property has come back to life; Flores and Pine is now open in Bearspaw

+ to Dave Howard; his Homes for Heroes housing project is coming to life!

+ to the Calgary Stampers – congrats on defeating the Edmonton Eskimos 25-9 in the Labour Day Classic

+ Sept. 12; Empire Company Limited, Annual General Meeting of Shareholders, New Glasgow, NS

+ Sept. 17; Calgary Council of Voluntary Organizations (CCVO), Annual General Meeting, Calgary

+ Sept. 18; Pure Multi-Family REIT LP, Special Meeting of Unitholders, Vancouver

+ Oct. 3; Great-West Life Assurance Company, London Life Insurance Company and Canada Life et al, Special Meeting to approve amalgamation, Winnipeg

~

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

FACILITYCalgary FREE

 weekly newsletter

Est. July, 1999

HEADLINES: Bill C-69 proclaimed | BP exiting Alaska | Crescent Point sale |Encana sale | Genesis acquisition | WestJet sale being challenged + Golf Tournaments + REIT NEWS + financings

+ Don’t wait to buy real estate. Buy real estate and wait. – Will Rogers

+ The best time to buy real estate is always five years ago. – Ray Brown

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FACILITYCalgary FREE

+ Bill C-69 proclaimed; Government of Alberta calling it Ottawa’s ‘no more pipelines act’, announced it is planning a legal challenge, claiming the act to be unconstitutional … tic toc

+ BP Plc announced it will exit Alaska after 60 yrs.; agreed to sell its assets there for USS$5.6 billion to Hilcorp Energy Co.

+ Crescent Point Energy Corp. agreed to sell its Uinta Basin and other SE Saskatchewan assets for $912.0 million

+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; crude prices steady as supply volatility continues to impact trading …

+ Drillinginfo changed its name to Enverus

+ Encana Corporation’s sub. Newfield Exploration Mid-Continent Inc. closed its sale of natural gas assets in Oklahoma; terms not disclosed

+ Genesis Land Development Corp. agreed to acquire a north Calgary 130 acre residential development land parcel for $23.7 million

+ HBC (The Hudson’s Bay Company) agreed to sell its 38 Lord & Taylor stores and brand to Le Tote for US$100.0 million

+ Husky Energy Inc. announced it will commence repairs/retrofit of its Superior refinery this fall; resuming operations in 2021

+ Labour Day yesterday – all markets were closed

+ McCoy Global Inc. entered into an agreement to acquired DrawWorks LP for US$6.0 million

+ Osidian Energy announced its pending transaction with Highwood Oil Company Ltd. regarding its Peace River Oil Partnership has been terminated

+ rig activity in Canada

+ rig counts (active/working) – U.S.: down 12 to 904 this week; Canada: up 11 to 150 this week; full breakdown

+ RMC Group of Companies acquired Noble Concrete; terms not disclosed

+ Saudi Aramco reported to be ousting its chairman, Energy Minister Khalid al Falih, in advance of its IPO; Yasir al-Rumanyyan named as head of PIF, the sovereign wealth fund

+ The Canadian Energy Regulator Act came into force; the Canadian Energy Regulator replaces the National Energy Board; press release + appointment of directors

+ WestJet’s $3.5 billion takeover by Onex Corp. is being challenged by Air Canada; they claim the deal will give foreign investors majority ownership against Federal government rules … tic toc

+ WSP Global Inc. agreed to acquire Ecology and Environment Inc. for US$65.1 million

+ Agrios Global Holdings Ltd. secured a US$6.1 million unsecured convertible credit facility

+ BSR REIT is on the market to raise US$35.0 million in equity

+ BSR REIT is on the market to raise US$15.0 million in equity by private placement

+ Kevin Stringer to Chief Administrative Officer @ Royal Canadian Mounted Police

+ Morguard North American REIT closed $103.0 million equity financing

+ Petro-Victory Energy Corp. closed $700,000.0 equity financing by private placement

+ Sundial Growers Inc. secured $140.0 million credit facility

+ Talisker Resources Ltd. closed $4,159,098.0 2^nd tranche of an equity financing by private placement

+ Talisker Resources Ltd. closed $3.5 million 1^st tranche of an equity financing

~

*editor’s note: names companies involved in debt financing transactions we report in this section are ALWAYS the borrower; we report ‘fresh raises’ and do not report secondary offerings …

+ in the ‘don’t hold your breath department’, the Trudeau government have indicated willingness (it might become a commitment if they get re-elected) to help with $80.0 million to re-make Arts Commons and $30.0 million for Contemporary Calgary … lots of strings attached, of course, and requirements for provincial and city funding – but great projects … tic toc

+ Case House in Toronto won 2019 Healthcare Design Award

+ Keiwit broke ground on $411.8 million N.W.T. all-season highway project

+ Four20/High Park Holdings Inc. acquired by Tilray for $110.0 million

+ HBC (The Hudson’s Bay Company) agreed to sell its 38 Lord & Taylor stores and brand to Le Tote for US$100.0 million; HBC will keep the underlying real estate …

+ HBC announced it will close its 15 stores in the Netherlands by end of 2019; 1,400 employees being let go

+ BSR REIT closed two properties in Austin, Texas (554 apartments) for US$104.4 million

+ BSR REIT is on the market to raise US$35.0 million in equity

+ BSR REIT is on the market to raise US$15.0 million in equity by private placement

+ Morguard North American REIT closed $103.0 million equity financing

+ Eavor Technologies have started construction on a $10.0 million pilot geothermal project, the Eavor-Loop

+ EQUS got a $2.2 million federal government in a smart grid project –

+ Greengate Power Corporation got approval to operated its Travers Solar project; the $500.0 million project is expected to be operational by 2021 – plan to generate 400MW from a facility in Vulcan County