FACILITYCalgary

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

FACILITYCalgary May 6/25

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 SAVE THE DATE/upcoming events:

+ Jan 23-25; ICSC Whistler Conference, Whistler; info/registration
+ Jan 25-26; The Canadian Institute’s 7th Annual Shale Gas Symposium, Calgary; info/registration

+ Jan. 26; NAIOP Breakfast, Calgary Chamber of Commerce – speaker Adam Legge ‘What’s in store for Calgary in 2011?’ info/register
+ Feb. 20, Heritage Classic (Calgary Flames vs. Montreal Canadiens) @ McMahon Stadium
+ Feb. 28 – Mar 1; 2011 Natural Gas Conference, Calgary; info/registration
+ Mar. 1; RealCapital 2011, Metro Toronto Convention Centre, Toronto; info/registration
+ Mar. 22-23; BUILDEX Edmonton; info/registration
+ Apr. 7 ; Vancouver Real Estate Forum; info/register
+ May 3 ; Edmonton Real Estate Forum ; info/register
+ June 12-15; Banff World Television Awards, info/register




 SAVE THE DATE / SHAREHOLDER MEETINGS

+ Feb. 28; Husky Energy Inc, Calgary




PEOPLE ON THE MOVE

+ Chris Ollenberger, CEO @ Calgary Municipal Land Corporation, stepping down

+ Connie Sugiyama to Partner & Deputy Chair @ Fraser Milner Casgrain LLP

+ Deepak Chopra to Pres. & CEO @ Canada Post Corporation

+ Gary Holden, Pres. & CEO @ ENMAX Corporation resigned on request of the board

+ Glen Eastwood to VP & Prairie Region Mgr. @ Canadian Western Bank Group

+ Jeff Bowling to Sr. Asst. VP & Calgary Main Branch Mgr. @ Canadian Western Bank Group

+ Katherine Lee to Pres & CEO @ GE Capital

+ Kristina Boyce to VP Residential Operations @ TransGlobe Group of Companies

+ Michael McCreadie to VP Southern Alberta @ Stuart Olson Dominion

+ Paige O’Neill to Gen Mgr. @ Market Mall

+ Scott Balfour, Pres. @ Aecon Group Inc, stepped down

+ Scott Meakin to Regional Director, Calgary office Mgr. @ Stratos Inc.

+ Tony Fisher to Pres, Canadian Operations @ Target Corporation




INFRASTRUCTURE/P3/GREEN/LEED

+ Calgary City Council is reconsidering transit priorities – pledging $73.4 million for SE projects, but rethinking how it will be spent

 

+ Calgary Board of Education rejected efforts of a new trustee to open up/review its new headquarters deal with Bentall LP




FACILITYCalgary - Calgary oil & gas, business and real estate NEWS, Mark Kolke (Editor) - President, MaxComm Realty Advisors - Calgary office leasing, Calgary industrial leasing, P3 Public Private Partnerships - MaxComm Communications Publisher

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
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+ readers are encouraged to forward news items, commentary, feedback & items for our 'on the move' section by writing to: research@maxcomm.ca  . We welcome your information – send us information on corporate news, key staff appointments, financings and notices of upcomg industry and charity events.



 FRESH ITEMS TODAY - Jan. 24/2011

+ Canadian National Railway Co. reached a settlement with Canadian Auto Workers to avert a possible strike

+ Dave Taylor, MLA for Calgary Currie, joined Alberta Party; to sit as its first elected member

+ energy prices live link to Bloomberg.com commodities data

+ Oxford Properties Group Inc. announce plans to invest $4 billion in real estate outside Canada, focused on projects in US and England through opportunities to buy discounted debt

+ RioCan Real Estate Investment Trust entered into a 50/50 JV agreement with Tanger Factory Outlet Centers to develop $1 billion in outlet shopping centers in Canada




 
 


COMMENTARY


+ this week’s departure of Gary Holden from Enmax’s executive suite got lots of press ink; the story goes that, once more and it appears once too many times, he tested the limits of propriety by accepting a junket trip to Monaco from a supplier – resulting in his ouster by the Enmax board – no word yet on severance package; it strikes me as fundamentally wrong that he should get a ‘package/parachute’ when being sacked for such obvious cause . . . stay tuned . .


Mark Kolke, Editor/Publisher


 
 


 NEWS REVIEW  Jan. 18-23 

+ Alaska pipeline leak by-passed, gradual restart to begin

+ Bank of Canada maintains overnight rate target at 1 per cent

+ Brookfield Asset Management entered a $1.7 billion deal to increase its stake in U.S. shopping centre firm General Growth Properties

+ Enbridge Northern Gateway Project – joint review panel released results and decision www.gatewaypanel.review.gc.ca

+ Enbridge Inc. revealed that Sinopec Corp. is a partner in the $5.5 billion Northern Gateway project

+ Encana Corp. agreed to sell its Fort Lupine gas plant in Colorado to Western Gas Partners for $303 million

+ EPCOR Water (USA) Inc. agreed to acquire Arizona American Water and New Mexico American Water for US$ 470 million

+ Matthews Southwest secured permits to build ‘2nd Tower’ for the Bow project; 12 storey structure will sit on site of former York Hotel and re-use some of the salvaged façade from the York Hotel

+ Nexen Inc. put its $477 million stake in Canexus Income Fund on the market

+ Nuloch Resourches merged with Magum Hunter Resources in a $327 million deal

+ Inter Pipeline Fund announces its 2011 CapEx budget of $223 million

+ Pointe Of View has renamed/branded itself as Carlisle Group

+ TransCanada Corporation started service in its Bison Pipeline, a 303 mile 30 inch diameter natural gas pipeline which will move 1 billion cubic feet/day

+ weekly economic update from ATB Financial




 sponsors of this issue:

INTERIOR DESIGN

http://martens-group.com
e-mail to Sharon Martens



INSURANCE AND BONDING

http://bdinsurance.com
e-mail to Dick Vaive




RESIDENTIAL MORTGAGE BROKER

TRUE NORTH MORTGAGE
e-mail to Dan Eisner



ENERGY ADVISORY

http://www.commoditycycle.com
e-mail to Duncan Robertson




LANDSCAPE / GOLF COURSE ARCHITECTURE

http://bhgolfdesign.com
e-mail to Gary Browning



MaxComm Group

e-mail: Mark Kolke




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this site last updated May 6, 2025