+ Nov. 1; Vancouver Leasing Conference (SOLD OUT – 350 attendees), Vancouver Convention Centre West, info/register
+ Nov. 6 & 7; BUILDEX Calgary, BMO Centre, Stampede Park, Calgaryinfo/register - FREE lunch, 35+ seminars – designing, building and managing real estate
+ Nov. 8; OPEC – launch of World Outlook and Annual Statistical Bulletin, Vienna
+ Nov. 26 & 27; 29th Annual CCPPP National Conference and Awards, Torontoinfo/register
+ Redford government introduced Bill 8, the Electric Utilities Amendment Act 2012, which will require all future transmission line projects to have a complete review and approval by the Alberta Utilities Commission and will involve a public participation process ; meanwhile, the Heartland transmission line, the Edmonton to Fort McMurray transmission lines, reinforcement lines between Edmonton and Calgary (north-south lines), and Calgary substation projects will continue as planned; however, all new projects will be subject to the AUC needs-assessment process
+ TransCanada Corporation puts its Bruce Power Unit 1 nuclear reactor back into commercial operations, Unit 2 synchronized with Ontario Power Grid
+ Grande Prairie’s 2nd hospital to open in 2017 – revised plan has budget pegged at $621 million
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
+ hurricane Sandy hit NE coast of U.S., massive flooding, from heavy rain, storm surge, tidal-push, millions without power – U.S. government shut down, New York stock exchange closed Monday and Tuesday. Ontario, Quebec and Maritimes bracing for impact of the storm as it routes north, then east
+ Petrobank Energy Resources Ltd. and PetroBakken Energy Ltd. announced a reorganization eff. Dec. 31, 2012
+ Petronas extended its $6 billion takeover bid for Progress Energy Resources Corp. to Nov. 30, re-applying to Canadian government for approval
+ TransCanada Corp. is partnering (50/50) with Chinese owned Phoenix Energy Holdings Ltd. to build a $3 billion ‘Grand Rapids Pipeline to ship’ to ship oilsands product to the Heartland area
NEWS REVIEW Oct. 24 - 29
+ Argent Energy Trust closed its US$131.7 million acquisition of Texas and Oklahoma properties
+ Bank of Canada maintained its overnight rate target at 1.0%
+ Canadian Natural Resources Limited completed its Horizon Oil Sands Project turnaround on time, on budget – production of 115,000 barrels/day resumed
+ Enbridge Inc. agreed to transfer or $1.164 billion to Enbridge Income Fund
+ GT Canada Medical Properties REIT (GT) and Northwest Value Partners Inc. (NW) formalized their previously announced deal whereby GT will acquire the real estate portfolio and business of NW
+ Hyduke Energy Services Inc.’s board rejected hostile takeover bid from Do All Industries Ltd.
+ Kelman Data Management changed its name to Katalyst Data Management
+ Manulife Financial closed its $900 million acquisition Wellington West Financial Services
+ Manulife Financial acquired Benesure Canada Inc.
+ Pieridae Energy Canada is pursuing development of an LNG export facility in Goldboro, Nova Scotia
+ Redford government introduced Bill 2, the Responsible Energy Development Act, which will create a single provincial regulator for upstream energy resource activities involving oil, gas, oil sands and coal
+ Redford government introduced Bill 5, the New Home Buyer Protection Act, mandatory warranty protection for new home buyers
+ Robert Half International released its 2013 Salary Guides reports– showing salary trends, and hiring trends
+ Royal Bank of Canada agreed to acquire Ally Financial Inc.’s Canadian auto finance book for $4.1 billion
+ TheRiver, much heralded 38 unit luxury condo project finally broke ground – completion Spring 2015
+ Tourmaline Oil Corp. made a $258 million bid to takeover Huron Energy Corp.
+ Redford government introduced Bill 3, The Education Act, first revisit of this legislation in over 20 years
+ Shawcor Ltd. acquired 60% of Fineglade Limited for $135 million, to now hold 100%
+ TD Bank Group agreed to acquire Target Corporation’s U.S. credit card portfolio for US$5.9 billion
+ TransAlta Corp. is partnering with a Berkshire Hathaway subsidiary, MidAmerican Energy Holdings Co. to build natural gas fired power plants – expecting to build $4 billion in plants in Canada
+ US Oil Sands Inc. got regulatory go-forward for its project in Utah
+ XL Foods re-opened production; 2,000 workers back on the job
resource-source portal - pain, migraine, health + wellness information
QUOTES
“The fishermen know that the sea is dangerous and the storm terrible, but they have never found these dangers sufficient reason for remaining ashore.” – Vincent van Gogh
“There are some things you learn best in calm, and some in storm.” – Willa Cather
KUDOS
+ congrats to - Stan Grad, Hall Kvisle, David O’Brien and Eric Harvie (posthumously) inducted into Calgary Business Hall of Fame
FACILITYCalgarynewsletters may not be reproduced, distributed, transmitted, displayed, published or broadcast, directly or indirectly, in any medium without prior written permission. Mark Kolke, Editor/Publisher. All rights reserved. MaxComm Communications.
- this site is maintained and updated weekly - last updated May 30, 2023
