+ Alan Potter to Exec. VP @ FPInnovations

+ Barbara Johnston to Partner @ Fraser Milner Casgrain LLP

+ Cal Jacober to Managing Partner, Calgary @ PriceWaterhouseCoopers LLP

+ Cameron Hughes to Partner @ Fraser Milner Casgrain LLP

+ Don Leitch to Partner @ Fraser Milner Casgrain LLP

+ Doug MacFarlane to Pres. & CEO @ ITC Construction Group

+ Jack Keohane to Pres. & CEO @ Healthcare of Ontario Pension Plan (HOOPP)

+ Jack McGowan to Bus. Mgr. & Project Dir. @ Pivotal Projects

+ Jim Goldmann, VP & Chief Development Officer @ Alliance Pipeline Ltd., left the company

+ Kris Wall to Principal & Managing Dir. @ Korr Building Sciences & Consulting Ltd.

+ Lucy Miller to CEO @ Calgary United Way

+ Mark Maybank, COO @Cannacord Financial & Pres. @ Canaccord Genuity Corp., resigned

+ Matthew Gaasenbeek to Pres. capital markets div. @ Cannacord Genuity Corp.

+ Peter Dorrins to Pres & COO @ Junex Inc.

+ Ray Crossley to Managing Partner, Western Canada @ PriceWaterhouseCoopers LLP

+ Shane Joes to Chief Investment Officer @ ScotiaMcLeod

+ Alberta Utilities Commission suspended two 500-kilovolt power transmission infrastructure applications (Western Alberta Transmission line & Eastern Alberta Transmission Line) on Government’s request

+ U of C opened $205 million Taylor Family Digital Library

A golfer has been slicing off the tee on every hole. He asks the Irish caddy if he has noticed any obvious reasons for his poor tee shots, to which the caddy relies:  “Aye, there’s a piece of shite on the end of your driver.”  The Golfer picks up his driver and cleans the club face, at which point the caddy says: “No, the other end.”

+ kudos to John Aldred, Sydney Kahanoff & Jack Donald – inductees in the Calgary Business Hall of Fame

+ Bank of Canada will Release Monetary Policy Report tomorrow

+ Canadian Dollar up on optimism over Euro zone debt crisis

+ current energy prices -  live link to Bloomberg.com commodities data

+ Plains All-American Pipeline making unsolicited US$1 billion offer directly to shareholders of SemGroup

+ Premier Alison Redford declared Alberta will return to a surplus budget by 2013

+ U.S. government bond debt facing possible 2^nd downgrade; U.S. Treasury mulling a floating-rate security

+  Blackstone Group LP establishing US$3 billion energy fund

+ Cenovus Energy Inc. sold its Kitimat liquids import terminal to Royal Dutch Shell

+ Encana Corp. looking to sell $1-2 billion in assets to restructure balance sheet

+ Euro Zone crisis continues as full-blown political crisis; €440-billion bailout fund known as the European Financial Stability Facility must be ratified by each country’s parliament, which appears difficult; Germany and France yet to agree on structure of bailout

+ CGX Energy Inc. closed $92 million common share issue

+ Keystone XL Pipeline continues to attract controversy; Nebraska state legislature to have special session to consider rights of pipeline to cross aquifer

+ Legend Oil and Gas Ltd. closed its acquisition of International Sovereign Energy Corp.

+ Tesco Corporation agreed to acquire Premiere Casing Services-Egypt S.A.E.

+ U.S. Federal Housing Finance Agency announced plan to help mortgage borrowers  who are underwater

+ Watermark and Suitcase International formed a JV

+ Laredo Petroleum Inc. closed a US$ 200 million secured debt financing

+ Oilsands Quest Inc. is on the market to raise $12 million preferred share financing

+ Trican Well Service Ltd. secured a new $450 million revolving credit facility

“You should treat all disasters as if they were trivialities, but never treat a triviality as if it were a disaster.” – Quentin Crisp

“It is not clear that intelligence has any long-term survival value.” – Stephen Hawking

FACILITYCalgary is published from Calgary every Tuesday morning