+ June 18; IFMA OPEN – 19th Annual Golf Tournament; Lynx Ridge GC, Calgaryinfo/register
+ June 18 - 20; Developing Unconventionals Canada conference, TELUS Convention Centre, Calgaryinfo/register
+ June 19; sustainabuild conference, Calgary TELUS Convention Centreinfo/register
+ Nov. 1; Vancouver Leasing Conference, Vancouver Convention Centre West, SAVE THE DATE
+ Apr. 11, 2013 – Vancouver Real Estate Forum, Vancouver Convention Centre West, SAVE THE DATE
SAVE THE DATE / corporate meetings
+ July 4; Petro-Reef Resources Ltd., Annual and Special Meeting CANCELLED
INFRASTRUCTURE / P3 / GREEN
+ Government of Alberta hinting again at go-forward for new $1 billion Cancer Centre for Calgary to replace outdated undersized Tom Baker Cancer Centre – no details yet
+ Qualico was awarded LEED Silver designation for its new headquarters building in Winnipeg
+ City of Calgary looking to bridge a $75 million gap in funding for new main library facility in East Viallage – looking for partnering opportunities
+ Infrastructure Ontario announced 3-short listed teams [Integrated Team Solutions, PCL Contractors Canada Inc., SNC Lavalin Capital) pre-qualified to design, build and finance the Learning Resource Commons project at Humber College
+ The Electronic Recycling Association launched a series of secure drop-off depotsacross Canada
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
+ Asian markets fall on fears about Eurozone debt crisis
+ boil-water order continues in certain NW Calgary neighbourhoods due to Bow River sediment flooding water treatment facilities
+ Canadian Parliament pushing omnibus financial bill through before summer recess
+ current energy prices - live link to Bloomberg.com commodities data; concern over OPEC meeting, speculation they will not impose production cuts to buoy prices; meanwhile, oil prices and stock markets down on concerns that European central bank $125 billion bailout of Spain is only a band-aid on Euro-zone financial malaise
+ Global Petroleum Show opens – to be largest ever; 60,000 registered attendees from 95 countries, 2,000+ exhibitors
+ Netjets agreed to purchase 425 new Bombardier and Cessna business jets in US$9.6 billion deal
+ Pure Industrial REIT closed $27.6 million in acquisitions
NEWS REVIEW June 6 - 11
+ Bank of Canada maintained its interest rate target of 1% for its overnight rate
+ Cameron International Corp. closed its purchase of TTS Energy Division from TTS Group ASA
+ Chesapeake Energy in talks to sell $4 billion pipeline unit to Global Infrastructure Partners
+ Good Energies Capital changes its name to Bregal Energy
+ Gravis Oil Corporation had Alberta and BC cease trade orders lifted
+ Koch Industries Inc. put six oilsands leases on the market for sale or JV; Namur, MacKay, Muskwa, Firebag, PelicanLake and ColdLake
+ PetroMagdalena Energy Corp. made a takeover agreement with Pacific Rubiales Energy Corp.
+ Plains Midstream Canada’s Rangeland Pipeline leaked 5,000 barrels of crude oil near Sundre, into the Red Deer River via Jackson Creek; spill smaller than first expected but oil was not flowing in pipe at the time of the spill
+ Second Wave Petroleum Inc. terminated its strategic review process
+ Spain accepted terms of $125 billion bailout commitment from European Union finance ministers to stave off bank failures and financial collapse of the country
+ The Caisse de dépôt et placement du Québec invested $100 million in Laurentian Bank to become one of its largest shareholders
+ TransCanada Corporation chosen by Shell Canada Limited and Partners to design, build own and operate a $4 billion pipeline to transports Montney natural gas to Kitimat for LGN export
+ Triovest Realty Advisors Inc. brings together 56 million sq. ft. of real estate valued at $10 billion
+ Wand Capital Corporation completed its REIT conversion transaction with True North Apartment REIT
+ West Valley Energy Corp announced its formation as a new E & P company to develop holdings of Warburg Pincus and Kayne Anderson Energy Funds
QUOTES
“The engine which drives enterprise is not thrift, but profit.” – John Maynard Keynes
“The difficulty lies not so much in developing new ideas as in escaping from old ones.” – John Maynard Keynes
KUDOS
+ kudos to Imperial Oil for donating $1 million to the Aboriginal Science and Technology Education program at Mount RoyalUniversity
+ kudos to Darryl Sutter coached Los Angeles Kings won their first ever Stanley Cup, defeating the New Jersey Devils in 6 games
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