+ Royal Roads University is seeking a Partnership arrangement to design, build, finance and operate a mixed-use facility on its Victoria campus (closes Nov. 10)

+ City of Abbotsford will have a referendum on the ballot in the Nov. 19^th municipal election to authorize a $230 million P3 Water Project

+ Premier-elect Alison Redford says she plans to amend legislation next spring that allows the government to freeze public land for infrastructure projects; she also intends to suspend a land-use planning law and send power-line transmission projects back to the drawing board . .  . stay tuned . . .

Jim and Bob were golfing one fine day, when Jim, an avid golfer, slices his ball deep into a wooded ravine. Jim takes his 8 iron and proceeds down the embankment into the ravine, in search of his lost ball. The brush is quite thick, but Jim searches diligently for his errant ball. Suddenly Jim spots something shiny. As he nears the location of the shiny object, Jim realizes that it is an eight iron in the hands of a skeleton laying near an old golf ball. Jim excitedly calls for his partner Bob. "Hey Bob, come here, I got trouble down here." Bob comes running over to the edge of the ravine and calls out to Jim, "What's the matter Jim?" Jim shouts back in a nervous voice, "Bring me my 7 iron. You can't get out of here with an 8."

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

+ Alison Redford won the Alberta PC Party leadership race; premier-elect won narrow victory on 2^nd preferential ballot

+ Alliance Pipeline announced go-forward on the 77 mile Tioga Lateral Pipeline

+ Athabasca Oilsands Inc. sold its interest in Halfway Creek for $26.8 million

+ Connacher Oil and Gas Limited solds its 50% interest in Halfway Creek for $26.8 million

+ Enterprise Products Partners LP and Enbridge Inc. announced plans to build 800,000 barrels/day Wrangler Pipeline – from Cushing, OK to Texas coast

+ double-dip recession talk persists in Canada . . .

+ Ivanhoé Cambridge regrouping activities in France, Spain, United Kingdom and Germany under banner "Ivanhoé Cambridge Europe”

+ Major Drilling Group International Inc. closed its acquisition of Bradley Group Limited

+ Oilsands Quest Inc. agreed to sell its Wallace Creek assets for $60 million

+ Plazacorp Retail Properties Ltd. closed $27.7 million common share issue

+ Ranger Energy Ltd. agreed to merge with North Sea Energy

+ Cominar REIT is on the market to raise $100 million in a new equity offering of units

+ Enbridge Inc. closed $500 million preferred share offering

+ Major Drilling Group International Inc. closed $70 million equity offering

+ Paramount Resources Ltd. is on the market to raise $62.8 million in flow through common shares

+ Sterling Resources Ltd. closed £105 million senior secured loan facility

“Justice and power must be brought together, so that whatever is just may be powerful, and whatever is powerful may be just.” – Blaise Pascal

“Progress is impossible without change, and those who cannot change their minds cannot change anything.” – George Bernard Shaw

FACILITYCalgary is published from Calgary every Tuesday morning