+ City of Calgary instituted bus service connecting the McKnight-Westinds LRT station with the CalgaryInternationalAirport Terminal . . .
+ Greengate Power Corp. secured regulatory approval to develop Canada’s largest wind farm, 300 megawatts, at Carmangay, north of Lethbridge
+ Magma Energy Corp. and Plutonic Power Corp. have agreed to combine; will be known as Alterra Power – geothermal, wind and hydro projects
+ 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.
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
+ global financial markets reverberating from Japan 9.0 magnitude earthquake, tsunami and nuclear power plan catastrophes; meanwhile OPEC is considering a step-up of production to fill supply gap; Bank of Japan injecting cash to buoy the economy – quake selloff wiped $287 billion in value off the Tokyo stock market; Alberta exports (largely agricultural) to Japan unlikely to be impacted
+ Japanese Government announced radiation leaks spread from the three reactors of the Fukushima Dai-ichi nuclear plant are danger to human health with prediction radiation my reach Tokyo
GOLF JOKE
+ A husband and wife were on the 9th green when suddenly she collapsed from a heart attack!“Help me dear,” she groaned to her husband.The husband called 911 on his cell phone, talked for a minute, and then picked up his putter to line up his putt.His wife raised here head off the green, stared at him and said, ‘I’m dying here and you’re putting?”‘Don’t worry dear”, he said calmly, “they found a doctor on the second hold and he’s coming to help you.”“Well, how long will it take for him to get here?” she asked feebly.“Not time at all,” said her husband.“Everybody’s already agreed to let him play through.”
COMMENTARY
+ the gloves are coming off in the Alberta PC party leadership race; Gary Mar is now in it, Doug Griffiths is in; Ted Morton and Doug Horner are already off and running, and Alison Redford is expected to formally announce within days . . . stay tuned; meanwhile, opposition parties are piling on to Premier Stelmach over whether or not a Judicial inquiry ought to be called into allegations of payoffs to Doctors for silence over unwarranted cancer deaths.He should call the inquiry sooner, rather than later, but he appears to be stone-walling . . . which simply adds to speculation there is something horrid being hidden.
+ the Japanese disaster is expected to cost $190 billion for restoration; meanwhile worldwide concerns over supply-chain disruptions in manufacturing (steel, cars, electronics etc) affecting financial markets in Japan while other markets watch nervously as the impact on supplier/customer countries remains to be seen . . .
+ a Federal Election is likely soon – cabinet ministers Stockwell Day and Chuck Strahl announced they will not run again as upcoming budget (March 22) will possibly produce a vote of non-confidence in the minority Harper government
+ kudos to RBC, donating $1.1 million to develop the Innovation and Entrepreneurship Centre at the Bissett School of Business at Mount Royal University!
+ Advantage Oil and Gas will spin off its oil assets; new publicly traded entity is Longview Oil Corp.
+ Alberta foreign workers can now apply directly (not requiring employer participation) for permanent residency – up to 5,000 per year under new deal with Federal Government
+ Canadian Gas Association reviewing report Canadian Natural Gason sustainable development of Québec's shale gas industry
+ Fortress Energy Inc. entered CCAA court ordered protection
+ Greenbridge Business Systems to join/merge with Meyers Norris Penny
+ Libyan unrest continues to disrupt oil industry there, affecting prices in Europe and worldwide; France pushing G8 for no-fly zone
+ Mackenzie natural gas pipeline project got regulatory approval from Ottawa, finally, after seven yrs. of filings and decades of planning; led by Imperial Oil, the $16 billion pipeline will deliver arctic natural gas to western Canada and U.S. markets
+ Pembina Pipeline Corporation announces its 2011 CapEx Budget is $470 million
+ Quebec government has ordered a halt to shale gas exploration in the province pending further study of impacts from drilling methods, establishment of new rules for drilling
+ Sasol Ltd. agreed to invest $1.05 billion for a 50% stake in Talisman Energy Inc.’s Cypress A natural gas prospects in British Columbia
+ Scotiabank completed acquisition of all DundeeWealth shares to complete its takeover
+ TVI Pacific Inc. and TG World Energy Corp. completed their reorganization arrangement
