“History will be kind to me for I intend to write it.” – Winston Churchill
“History doesn’t repeat itself – at best it sometimes rhymes.” – Mark Twain
“History is the version of past events that people have decided to agree upon.” – Napoleon Bonaparte
INFRASTRUCTURE / P3 / GREEN
+ AlbertaLegislatureBuilding and portions of the grounds designated a Provincial Historic Resource as Edmonton celebrates the 100th anniversary of the legislature opening in 1912
+ $122 million police college, 6 yrs. in the planning, for Fort Macleod scrapped by Redford government as ‘not needed’ two months after construction contract signed; town seeking to recoup $4 million in sunk servicing costs, but first, they are lobbying to have the project reinstated. Given this week’s Provincial government budget projections, that appears unlikely . . .
+ Millar Western planning $42 million 5.2 megawatt biomass power plant in Whitecourt
+ current energy prices - live link to Bloomberg.com commodities data; oil up last week notwithstanding weak Chinese financial data, G7 finance ministers urging increased production
+ Gulf of Mexico production resumes as hurricane Isaac, downgraded, dissipating as coastal areas face power outages, recovery slow, most gulf oil production still shut
+ Labour Day in Canada and U.S, yesterday, markets were closed
+ Quebec provincial election tomorrow, PQ favoured in polls; financial markets girding for tremors
+ Twin Butte Energy Ltd. agreed to acquire Waseca Energy Inc.
NEWS REVIEW August 29 - September 3
+ Alberta Finance Minister Doug Horner announced economic update , current year budget projections indicate Alberta will have a $2.3 – $3 billion deficit
+ Athabasca Oil Corporation is in JV discussions with Kuwait Petroleum Corp. for Hangingstone and Birch oil sands properties
+ Cantor Fitzgerald LP expanding to Canada, acquiring Versant Partners Inc., will operate at Cantor Fitzgerald Canada Corporation
+ Chevron sitting on a pile of cash, speculation they are hunting for an acquisition
+ CIBC agreed to acquired U.S. energy advisory firm Griffis & Small LLC
+ CNOOC Ltd. takeover of Nexen Inc. under review by Industry Minister Christiam Paradis
+ Fairborne Energy Ltd. agreed to sell $189 million in day natural gas assets
+ Gibson Energy Inc. forming JV with GT Logistics LLC for development of 200 acre storage terminal facility in Port Arthur, Texas
+ ISG Capital Corporation to convert to REIT structure
+ Manulife Financial Corp. acquired Welling West Financial Services
+ National Leasing Group Inc. acquired Globale FC Inc.
+ Progress Energy Resource Corp. got securityholder and court approval for its $6 billion sale to Petronas Carigali Canada Ltd.
+ Rodinia Oil Corp. conducting strategic review to enhance shareholder value
+ Scotiabank agreed to acquire ING Bank of Canada for $3.1 billion
+ Simpson Roberts Architects is winding up operations
+ TempleREIT announced it will convert to a corporation
+ Twin Butte Energy Ltd. closed its acquisition of Avalon Exploration
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
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