+ 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.
+ Government of Canada approved ‘intent’ of McKenzie Pipeline panel recommendations, but only approved 11 of 115 outright ….. this project isn’t moving at glacial pace, but not much faster …
+ Western Coal Corp. to be acquired by Walter Energy Inc. in $3.3 billion deal
+ Tourmaline Oil Corp. on the market to raise $210 million in IPO offering of equity
OFFICE & INDUSTRIAL LEASING
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).
+ Henrik Wareborn, Global Head of Crude Trading @ BP Plc left the company
+ Brad Robertson to Partner @ KPMG Calgary
+ Erin Jensen to Partner @ KPMG Calgary
+ JJ Iacuone to Partner @ KPMG Calgary
+ Jim McEvoy to Partner @ KPMG Calgary
+ Jim Prentice, MP Calgary Centre-North resigned his seat; by-election in Jan/Feb
+ Kevin Lo to Managing Dir. Institutional Research @ FirstEnergy Capital
+ Landis McEwan to Partner @ KPMG Calgary
+ Lee Bardwell to Partner @ KPMG Calgary
+ Michael Hoffman to Partner @ KPMG Calgary
+ Paul Watson to Partner @ KPMG Calgary
+ Roberts Fitzmartyn to Managing Dir. Institutional Research @ FirstEnergy Capital
+ Tad Putyra to Pres & CEO @ Great Gulf Group
+ Terry Hughes returns to Partner @ Macleod Dixon LLP
INFRASTRUCTURE/P3/GREEN/LEED
+ Newfoundland & Labrador signed a $ 6.2 billion deal with Nova Scotia whereby new hydro power generation facilities will be constructed on the Lower Churchill Falls River
+ the Peace Bridge is coming together … one piece at a time; seems the welding is taking longer that predicted … pushing the opening to June from the original January plan
COMMENTARY
+ it is my opinion that the best thing we do in life is to have and raise children; 2nd best is to see them grow into superb beings of whom we are proud --- which I am this week, spending time in Mexico at my daughter Carla`s wedding
+ U.S, Federal Reserve Chairman Bernanke’s move to increase the US money supply by $600 billion is receiving mixed reviews – a short term, and very expensive, way to bring down the value of the U.S. dollar, to improve trade and deficit imbalances.It seems the world, including most especially the Chinese, are not convinced their currency is as far out of whack as everyone else in the G20 and, it seems the world doesn’t yet feel convinced the U.S. economy is sufficiently mended for anyone to stop holding their breath.Stay tuned …. or keep holding your breath.
+ Mayor Naheed Nenshi is leading his council through a $65 million budget cut process that will, if successful, leave Calgarians with a 6% tax increase in 2011 ….. seems a little pain spread on everyone is safe politics when the next election is 3 years away
SAVE THE DATE/upcoming events:
+ 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
