+ Oct. 3- 4 ; Water and Land Management Summit, Telus Convention Centre info/registration
+ Oct. 26; Calgary Real Estate Forum, Telus Convention Centre, Chaired by Randy Fennessey; info/registration + Oct. 27; Calgary Leasing Conference, Telus Convention Centre, Chaired by Greg Guatto; info/registration + Jan. 18/2012; Calgary Real Estate Board Forecast Conference and Tradeshow, Telus Convention Centre
INFRASTRUCTURE/P3/GREEN/LEED
+ The Ontario Teachers’ Pension Plan is bidding to up its stake in Chilean water utility businesses
+ Alberta Government committed $25 million toward completion of the Agrium Western Event Centre at StampedePark; total cost is $60 million – scheduled for completion in 2014
+ Alberta Transportation Minister Luke Ouellette and Premier Ed Stelmach indicated confidence a new deal for a land swap with Tsuu T’ina Nation is possible soon to facilitate the SW leg of the Calgary Ring Road …
GOLF JOKE
A man, about to tee off felt a tap on his shoulder and a bloke handed him a card that read "I am a deaf mute. May I play through, please?" The 1st man angrily gave the card back, and communicated that "No, he may NOT play through, and that his handicap did not give him such a right." The first man whacked the ball onto the green and left to finish the hole. Just as he was about to put the ball into the hole he was hit in the head with a golf ball, laying him out cold. When he came to a few minutes later, he looked around and saw the deaf mute sternly looking at him, one hand on his hip, the other hand holding up 4 fingers.
SAVE THE DATE / SHAREHOLDER MEETINGS
+ June 25; Compton Petroleum Corporation; Shareholder Meeting, approve recapitalization program
+ Sept. 9; Homburg Invest Inc., Halifax, Annual General Meeting
+ The Bank of Canada will announce it’s revised interest rate targets at 9AM EDT today
+ The Bank of Canada will announce it’s Monetary Policy Report tomorrow at 10:30AM EDT
+ U.S. debt ceiling and budget deficit issues remain in gridlock causing markets to react amid fears of a Europe and U.S.A. perfect storm of indecision and miss-steps … stay tuned, this is going to be a hot scary summer
+ worldwide sovereign debt worries rattle investors; gold spikes to new record of US$1,600/oz. as Wall Street falters
NEWS REVIEW July 13 - 18
+ BHP Billiton Ltd. agreed to buy Petrohawk Energy Corp. for $12.1 billion
+ Calgary Stampede is over; attendance up (1,200,000+), animal deaths down
+ CGX Energy Inc. adopted a shareholder rights plan
+ CIBC agreed to acquire American Century Investments for $848 million
+ Clark Builders and BECA International acquired the Cambrian Wellness Centre out of receivership
+ ConocoPhillips announced it will split into two stand alone publicly traded companies
that will spin off refining and marketing business to shareholders
+ OPTI Canada Inc. filed for creditor protection
+ PetroGlobe Inc. is subject to a cease trade order
+ Royal Dutch Shell in pulling out of Mackenzie Delta gas project and MackenzieValley pipeline venture; will sell its stake
+ Western Financial Group Inc. closed its amalgamation with Desjardins Financial Corporation Inc.
+ Wood Group’s IMV Projects div. signed agreement to provide engineering, procurement and project management to Shell Canada Energy for upstream projects in Western Canada
FINANCINGS - proposed & closed
+ Circle Cardiovascular Imaging Inc. closed $3.9 million equity financing
+ Intact Financial Corporation closed $250 million preferred share issue