Mark Kolke, President of MaxComm Realty Advisors, MaxComm Communications and Plandflex Corporation, has been working in real estate finance, management, leasing, sales and consulting work in Alberta for twenty-eight years. His license to practice real estate in Alberta is sponsored by MaxWell South Star Realty where he is an Associate dealing in commercial, residential and agricultural properties. He moved back to Calgary eleven years ago after twenty- seven years in Edmonton. He advises tenants, buyers, developers and institutional clients on issues involving residential developments, commercial real estate and public private partnerships (P3s).
+ decision by Government of Canada expected this week approving BHP Billiton Ltd. takeover bid for Potash Corp. notwithstanding Government of Saskatchewan opposition
+ Yangarra Resources Ltd. closed acquisition of Ferrier/Willesden Green area assets; $4million
+ 2010 business survey by PwC shows Canada's private companies became lean and fit during the recession, and are poised for growth in the coming year
FINANCINGS - proposed & closed
+ Laurentian Bank of Canada closed $250 million term deft financing
+ Nordic Oil and Gas Ltd. is on the market to raise $10 million in new equity
+ Rock Energy Inc. is on the market to raise $10 million in flow-through equity financing
+ Yangarrra Resources Ltd. closed $13 million special warrant financing
COMMENTS / FEEDBACK
+ 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.
PEOPLE ON THE MOVE
+ Andre Brodeur to Sr. VP & Deputy Chief Risk Officer @ Caisse de dépôt et placement du Québec
+ Claude Bergeron to Exec. VP & Chief Risk Officer @ Caisse de dépôt et placement du Québec
+ Darryl White to Deputy Head of Investment and Corporate Banking and Global Head of Equity Capital Markets @ BMO Capital Markets
+ Graham Reid to CFO @ Leader Energy Services Ltd.
+ John Masters to CEO @ Innovate Calgary
+ John O’Rourke, VP Power @ Fort Chicago Energy Management Ltd., retired
+ Marie Giguere to Exec VP Legal Affairs @ Caisse de dépôt et placement du Québec
+ Mark-Andre Lewis to Sr. VP & Deputy Chief Risk Officer @ Caisse de dépôt et placement du Québec
+ Ray Pisani to Pres. & CEO @ Alberta Blue Cross
INFRASTRUCTURE/P3/GREEN/LEED
+ SNC-Lavalin signed a $587 million contract to design and build the Waneta Expansion, a 335 MW hydroelectric power facility on the Pend d'Oreille River south of Trail, British Columbia. Undertaken through a limited partnership of Fortis Inc, Columbia Power Corporation and ColumbiaBasin Trust - total cost of approximately $900 million
+ TransCanada Corporation's$350 million Kibby Wind project, New England's largest wind power project, was completed and commissions; on time and on budget
+ new Mayor Naheed Nenshi has revived discussion on the CalgaryAirport tunnel project rejected by the previous council
COMMENTARY
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+ Nov. 4; OPEC World Oil Outlook and Annual Bulletin release, Vienna
+ Nov. 16, Mortgage Loans Association Luncheon; Sheraton Suites Eau Claire; Guest Speaker Pat Cooper “Don’t Let the Appraisal Fool You”. REGISTER
+ Nov. 18 ; IFMA Calgary Annual Silent Auction/Mardi Gras Night, Coast Plaza Hotel ; register: IFMA
+ Nov. 22 & 23; P3 2010 SHIFTING INTO HIGH GEAR, Toronto; register + Nov. 30 – Dec. 2; Real Estate Forum, Metro Toronto Convention Centre; registration – David Podmore + Andrea Stephen co-chairs + Nov. 30 – Dec. 2; Canada-U.S. Northern Oil and Gas Research Forum , Calgary
+ Dec. 11, 158th OPEC Meeting, Quito
+ Jan. 18 – Calgary Real Estate Board’s 2011 Forecast Conference & Tradeshow; BMO Centre, Stampede Park, Calgary – Info/Register + Feb. 20, Heritage Classic (Calgary Flames vs. Montreal Canadiens) @ McMahon Stadium
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