+ 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
