FACILITYCalgary

news, commentary & perspective - financings, deals - commercial real estate, infrastructure, oil & gas

FACILITYCalgary Nov 11/26

ARCHIVED ISSUES

SIGN UP

                                                                                        

 

 THIS WEEK at FACILITYCalgary 

  November 5 ~ 11, 2026 

( includes items received up to close of business, Nov. 11th )


 
                                                                                        

 
 QUOTES 

+ The most serious threats from a national security perspective don’t come from Cheeto-eating teens. They come from well-trained operatives and proxies operating at the behest of four countries: China, Russia, Iran, and North Korea. – Amy Zegart




 KUDOS 

+ to David Bissett for his $30.0 million gift to SAI for it’s autonomous aviation park project


 
                                                                                        

 
 
 
 
                                                                                        

 
 
 Sponsors of this FACILITYCalgary issue:

 
Ken Doll offers independent, objective and unbiased financial advice through fee-based comprehensive financial planning to provide you with certainly about your financial future. He provides financial, retirement and estate planning solutions and coordinates with your current investment advisor to enhance your investment strategy.

Wealth Architects® is your One Stop Financial Adivsor! 

 
 


 
PUT YOUR BRAND RIGHT HERE
 Advertising/sponsorship queries:  kolke@facilitycalgary.com 

 


 
Contact: 587-333-4413 
Vist our website
Services: Surveys, RPRs and more
 
SURVEYORS / REAL PROPERTY REPORTS (RPR's)

 


 
PUT YOUR BRAND RIGHT HERE
 Advertising/sponsorship queries:  kolke@facilitycalgary.com 

 


 
prelia.com

Contact: 403 264-1915 | info@prelia.com
Calgary | Prelia

 


 
PUT YOUR BRAND RIGHT HERE
 Advertising/sponsorship queries:  kolke@facilitycalgary.com 

 


LSE Real Estate Services

Office Leasing | Special Projects

Warren Libert-Scott, Principal

Phone: 403-618-1121

Explore LSEcorp.ca

 


 
PUT YOUR BRAND RIGHT HERE
 Advertising/sponsorship queries:  kolke@facilitycalgary.com 

 


Contact: 403-910.5917 
Vist us: https://www.richardsonsearch.ca
Services: Executive Search
 
EXECUTIVE SEARCH / ADVISORY SERVICES

 


 
PUT YOUR BRAND RIGHT HERE
 Advertising/sponsorship queries:  kolke@facilitycalgary.com 

 


Visit: https://falkbuilt.com/
~
E-mail: thom.hinton@falkbuilt.com
~
DIGITAL COMPONENT CONSTRUCTION

 


 
PUT YOUR BRAND RIGHT HERE
 Advertising/sponsorship queries:  kolke@facilitycalgary.com 

 


Our journey ... 
from Torino to Avenida Village 


MAKE YOUR RESERVATION

 


 
PUT YOUR BRAND RIGHT HERE
 Advertising/sponsorship queries:  kolke@facilitycalgary.com 

 


visit: Premiere Van Lines Calgary / www.pvlcalgary.com
e-mail:  calgary@pvlcalgary.com
 
OFFICE MOVERS

 


 
PUT YOUR BRAND RIGHT HERE
 Advertising/sponsorship queries:  kolke@facilitycalgary.com 

 


ROCKY VIEW COUNTY
Business & Economic Development

 


 
PUT YOUR BRAND RIGHT HERE
 Advertising/sponsorship queries:  kolke@facilitycalgary.com 

 


 

AWARD-WINNING INTERIOR DESIGN

At LAWRENCE Licensed Interior Design Inc., we lead by example, pioneering conscientious and functional design solutions that redefine the boundaries of innovation. With a steadfast commitment to our clients’ visions, we craft spaces that are both refreshingly novel and elegantly familiar, exceeding expectations with every project.

Visit: www.lawrence-inc.ca

Follow us: @lawrence_interiordesign

Mitchell Brooks, Principal

Contact: m.brooks@lawrence-inc.ca

CHECK OUT OUR WORK


INTERIOR DESIGN SERVICES

 
 
                                                                                        

 
 
 
 
CONTACT MARK KOLKE 
PROPERTY MANAGEMENT SERVICES

OFFICE AND INDUSTRIAL LEASING

RETAIL LEASING AND SALES

 
 
                                                                                        

 
 
                                                                                        

 
 
↓SIGN UP TO GET FACIILITYCalgary↓

CLICK HERE - 

FACILITYCalgary FREE


 
                                                                                        

                                                                

  NEWS THIS WEEK  


+ armistice and remembrance; today is Remembrance Day in Canada, Veteran’s Day in the United States

+ Avison Young completed its recapitalization … terms not disclosed

+ Bearspaw South Feeder Main – ‘ongoing water restrictions’ … Stage 4 Water Restrictions, effective Nov. 4th – usage is down … leak discovered in Edgemont … - and the GoA published it’s review of Calgary’s Water Utility Governance and recommendations of the Goldie report – which, among other things, criticizes ‘the Mayor’ Naheed Nenshi/staff/council for their roles in the problems leading to the Bearspaw problems over the last two years and links to source documents …

+ Calgary – Grey Cup Week – the 113th Grey Cup – Montreal v Edmonton – what’s happening

+ Chorus Aviation closed its acquisition of SkyCare Air Ambulance

+ City of Calgary budget process – council working to reduce the magnitude of proposed tax hike

+ crude / current energy prices: live links to Bloomberg energy prices / OilPrice.com / BOE INTEL ~ WTI @US$87/bbl; Brent @US$94/bbl ~ prices softening as OPEC+ countries keep outputs up and as U.S./Iran tensions ease

+ Enghouse Systems Limited agreed to acquire MIND C.T.I. Ltd. for US$25.4 million

+ FACILITYCalgary, sponsor-supported weekly newsletter; est. June,1999 – our 28th year; sign-up is free

+ Government of Alberta: comments on Federal Budget; comments on Stats Canada report on GDP performance in Alberta well ahead of national rates …

+ Government of Canada: PM’s Remembrance Day statement; Gov Gen’ Remembrance Day statement; named CEO of Canada Strong Fund; tabled it’s Masters of our Destiny Budget 2026 including a pledge to end homeless in 10 years, eliminating RRIFs/RRSPs only and many other things; feedback/praise/critique: Azrieli Foundation; Beer Canada; Blake’s analysis; Canada’s Building Trades; Canadian Construction Assn; Canadian Medical Association; Electricity Canada; Federation of Canadian Municipalities;  FP Canada; Insurance Bureau; PIPSC;  Restaurants Canada; World Wildlife Fund;

+ InPlay Oil Corp. announced its 2027CapExBudget is $95.0 million

+ Keyera Corp. announced its 2027CapExBudget it $650.0 million

+ MNP grows again – Saskatoon firm Heagy LLP is merging

+ MONDAY MORNING MINUTE - a weekly inspiration message and a selected quote in your inbox weekly; check out the new format; check out this week’s issue – sign up is free

+ National Bank of Canada acquired Embark Student Corp.

+ Paramount Resources Ltd. announced its 2027CapExBudget is $1.175 billion

+ Peyto Exploration & Development Corp. announced it’s preliminary 2027CapExBudget is $475.0 million

+ Power Sustainable Lios Inc. acquired Fine Choice Foords Ltd.

+ rig activity in Canada, courtesy of BOE Report

+ rig counts/utilization (active/working) – U.S.: up 1 to 604 this week; Canada: down 3 to 223 this  week

+ Royal Bank of Canada agreed to acquire Yarra Capital Management

+ Strathcona Resources agreed to acquire Greenfire Resources for $2.7 billion

+ Sunshine Oilsands Ltd. is in receivership; PwC is the receiver

+ Tenaz Energy Corp. announced its 2027CapExBudget is $300.0 million

+ Velocity Vehicle Group acquired New West Truck Centres – will operate as Velocity Truck Centres Canada

+ Xplore Inc. obtained CCAA creditor protection; FTI is the monitor




 Trump / Trade War / Update / Watch 

Sept 7 – Canadian counter-tariffs to go into force at 12:01 AM Sept 8; no talks scheduled

Sept. 7; Trump threatens to block Bombardier planes unless they move production to the U.S.

Sept. 8; Trump adjusts products/industries targeted by his new tariffs; signs 5 executive orders

Sept. 8; Trump threatens to block certain Canadian products – full stop, from being imported to the U.S.

Sept. 9; GoC extending suspension of federal fuel excise tax (gas, diesel, aviation fuesl) for Canadians to Jan 31/27
Sept. 9; Canadian impacts expected:
CTV News piece - across sectors; light on certainty, but balanced/thorough

Sept. 16; Trump issued an order to prevent U.S. government procurement from buying Canadian products

Sept. 24; Canadian Municipalities impact of Tariffs – paper from FCM  Where Trade is Felt

Oct. 14; Trump says, again, Canada ‘will end up being the 51st state’

Oct. 21; Carney pushes back after conversations with Trump as the war of words disguises ongoing negotiations in the background …

Oct. 27; Honda warns the Trump threat of increase to a 50% tariff on Canadian autos will be catastrophic for the industry

Oct. 28; amid reporting that trade talks have intensified - that a new U.S. trade deal is in the works, Carney ‘not in a position right now’ to agree to a deal …

+ Nov. 1; Trump indicated a new deal is ‘very close’ … Carney is non-committal

+ Nov. 2; talks about talking … led by Lutnick?

+ Nov. 3; reporting indicates ‘talks are resuming’ …as Carney says the U.S. is ‘asking less and offering more’




SHAKERS AND MOVERS 
appointments and disappointments 

+ Bill Thomas to Director @ TELUS Corporation

+ Brandon Moffatt, to CEO @ StormFisher

+ David Janashvili  to CFO @ General Fusion Group Ltd.

+ Elad Bibi-Aviv, CEO @ Seegnal Inc., stepped down

+ Hartley Lefton to Partner @ Stikeman Elliott

+ Jill Floen to Interim CAO @ City of Calgary

+ Karen Karniol-Tambour to be the first CEO @ Canada’s Sovereign Wealth Fund – the Canada Strong Fund

+ Kassandra Churcher to Exec. Dir. @ Vanier Institute of the Family

+ Keith Strachan to Chief Commercial Officer @ The Master Group

+ Marc Allera to Director @ TELUS Corporation

+ Mark Jennings to Global Head of Digital Assets @ GTN

+ Martin Brisson to VP Corporate Strategy & Investor Relations @ Cascades Inc.

+ Matthew Whitton to U.S. Consul General, Calgary Consulate @ U.S. State Department

+ Michael Radano to Director @ Canadian Society of Association Executives

+ Mikaël Lefebvre to Pres. & CEO @ OPTEL Group

+ Olivia Steedman to Exec. Managing Dir. Teachers’ Venture Growth & Head, Asia-Pacific @ Ontario Teachers’ Pension Plan

+ Peter Whitehead, Director and Chief Innovation Officer @ Light AI Inc., resigned

+ Phil Reynolds to Sr. Managing Director and Head of Financial Advisory of Canada @ Teneo

+ Rebecca Rycroft to Interim CFO @ Empire Life Insurance Company

+ Stefanie Tsen Ward to Interim CEO @ Ethan Allen

+ Susan Reisbord to Pres. & CEO @ Stantec

+ Tim Cox to U.S. Country Head @ BMO Financial Group

+ Verica Simic to CFO @ Pollard Banknote Limited

~ If you know of other people moves in Calgary-impact organizations and/or would like us to consider your announcement, send your appointment notices to kolke@facilitycalgary.com ]




 REMEMBRANCE 


 at CFB Wainwright - and in conflicts all over the world, in defence of Canada, in defence of our allies, and in peacekeeping so many proud Canadian men and woman have made the sacrifice of life and limbs - for us, for peace, for the end of wars

we are so much in their debt, and let us never forget that our lives, our safety and freedom didn't come about by accident but because these Canadians stood proud and stood on guard for us.

 
                                                                

↓SIGN UP TO GET FACIILITYCalgary↓

CLICK HERE - 

FACILITYCalgary FREE


                                                                

 
 HR Resource + Workplace Trends + HSE 

+ Calgary Co-op – union and staff upset with unfair practices regarding staff with disabilities …

+ HR trends report /McLean & Co – change is overwhelming biggest issue

+ state of public health – 2026 Public Health Report




 FINANCINGS - proposed & closed 

+ AltaLink raised $18.8 million in long term debt

+ AtkinsRéalis Group Inc. is on the market to raise $400.0 million in unsecured debt by private placement

+ Chartwell Retirement Residences is on the market to raise $250.0 million in sr. unsecured debt

+ Crombie REIT is on the market to raise $175.0 million in sr. unsecured debt

+ Crombie REIT is on the market to raise $200.0 million in equity

+ Enoch Cree Nation closed a $30.0 million debt financing

+ Fairfax Financial Holdings Limited closed a $650.0 million sr. debt raise

+ PowerBank closed a $24.5 million debt raise

+ QuadReal Property Group closed a $400.0 million sr. debt raise

+ Vesalius Longevity Labs Inc. closed a US$6.5 million equity raise by private placement




 Tech + Telecom TRENDS 

+ NVIDIA stock and reputation taking a hit – scandals, spies, personal revelations – CEO Huang’s resignation imminent, widespread concern about chip sales to China and U.S. government oversight … tic toc …

+ cabless trucks? … yes … they’re coming




 AI Trends 


+ GoC has signed off on a multi-country/multi corporation ‘joint declaration on AI safety and security’

+ open models – AI trends … Osler article




 RISK 

+ Alberta fire risk ... no active Alberta wildfires; total number of fires in 2026: 808 fires / 17,791 hectares of forest burned; currently 1 active fire is under control

+ Payments Canada – launched Real-Time Rail – system of increased speed and heightened security; announced initial institutional buy-in ; Interac Corp comments

+ WARNING – buyers be aware … fake auto insurance – fake pink slips – this in Ontario, but it’s a good warning that we should all be clear who we are dealing with …




 CLIMATE CHANGE + RENEWABLES + Evs  

+ Boralex acquired Wind2 (350MW)

+ Canada needs more chargers!

+ UN changes its global warming limit – they propose a Plan B




 DATA CENTER issues + news 

+ PowerBank announced its JV developer has signed a lease for a new 2MW data center in Ontario – location not disclosed …

~  capacity, power, and continuity matter in a ‘huge’ way to users and therefore must matter to data center operators and their suppliers of power. Growing NIMBY reactions and government/regulators conscious of pressure on energy costs combine to make this burgeoning industry of significant concern for everyone.




 AG NEWS 

+ 2027 farmgate mile price review

+ CN reports record grain movements in October

~  the importance of agriculture is fundamental to Calgary and the history of Alberta’s pioneering spirit; we’re now covering news items that fit this category, impacting Albertans – not just Calgary; we will also include news items from other parts of Canada for this section.




 CONSTRUCTION + BUILDING SERVICES + ENTITLEMENTS/ZONING 

+ Calgary City Council considering new restrictions for rowhouse and townhome developments




 CORPORATE RESPONSIBILITY + ESG REPORTS 

+ Emissions Reductions Alberta published its 2025-26 Annual Report




 PENSION FUND NEWS / REPORTS 

+ Canada Pension Plan Investment Board is weighing a sale of its 12 per cent stake in Spain’s largest gas distributor, according to people with knowledge of the matter

+ PSP Investments to acquire 50% of Enercare for $1.6 billion




 INFRASTRUCTURE + P3 


+ Bow Valley College downtown campus expansion is a go; to take over former ‘Block 40’ .. formerly central library and police facility; 316,000 sq. ft. planning being funded by GoA/$5.0 million




  RETAIL + RECREATION 

+ AutoCanada Inc. acquired a collision repair facility in Cochrane;

+ Velocity Vehicle Group acquired New West Truck Centres – will operate as Velocity Truck Centres Canada




 MULTI-RES + HOTEL + RES LAND DEVELOPMENT 

+ Boardwalk REIT agreed to sell three Edmonton properties; 536 doors/$106.5 million

+ Enoch Cree Nation raised $30.0 million from CIB to fund land development for 166 homes




 OFFICE 

+ summary of reported details on 4 Slate Asset Mgmt. dispositions; sale prices, new owners …




 INDUSTRIAL, MANUFACTURING + LOGISTICS 

+ Taiga Building Products Ltd closed the sale of two distribution centres to Boise Cascade




 REITs + TRUST NEWS 

+ Crombie REIT is re-acquiring a 15-property of retail properties for $216.2 million; reacquiring the properties previously sold 89% interest to Oak Street – no reacquiring

+ District REIT placed in receivership

+ Slate Grocery REIT secured exemptive relief for it’s pending arrangement

+ REITrag covers activity and announcements on the activity of real estate investment trusts - REITs: - sign up at: https://markkolke.substack.com/s/reit-rag -  new and improved REITrag – we’ll be re-launching soon/Sept/Oct; watch for announcements about signing up, for sponsor/advertising opportunities - a free version for anyone, an upgraded ‘paid viewers only’ version for investors, brokers and media’ … this has been a long time in development but we feel the end results will deliver significant value or investors, industry players/suppliers/agents/brokers and provide a clear and current picture of the ‘state of the industry’ based on facts, filings, closed transactions and movement of key personnel and officers. Coverage will involve ALL Canada based REITS, and a smaller but growing roster of American, European and Asian REITS 




  SHAREHOLDER / INVESTOR MEETINGS 

+ Nov. 12; Corby Spirt and Wine Limited, Annual General Meeting of Shareholders, Toronto

+ Nov. 13; GO Residential REIT, Special Meeting of Unitholders, Toronto

+ Nov. 13; H&R REIT, Special Meeting of Unitholders, Toronto

+ Nov. 17; RecyclLiCo Battery Materials Inc., Annual General Meeting, Delta

+ Nov. 25; Slate Grocery REIT, Special Meeting of Unitholders, Toronto/virtual

+ Nov. 26; Ingenium, Annual Public Meeting, Ottawa/virtual

+ Nov. 30; PSP Investments, Annual Public Meeting, Montreal

+ Dec. 15; Saltire Capital Ltd., Special Meeting of Shareholders, Toronto

[ please send your event notices and AGM notices to  kolke@facilitycalgary.com ]




 CHARITY + INDUSTRY GOLF EVENTS 

+  we have no more listings for 2026

2027 tournaments

+ Aug. 16-22; Rogers Charity Classic – PGA Tour Champions returns to Canyon Meadows Golf & Country Club – schedule/sponsorship opportunities - Calgary

~ [please send your 2027 charity golf event notices to kolke@facilitycalgary.com ]




 UPCOMING EVENTS / SAVE THE DATE 

+ Nov. 6-15; Royal Agricultural Winter Fair, Exhibition Place, Toronto

+ Nov. 11-15; 2026 Grey Cup Festival, Paint The Town Red, Calgary

+ Nov. 13; 12th Annual Calgary Concert for Classrooms, Bella Concert Hall, Calgary

+ Nov. 17-18; 2026 Scotiabank Transportation & Industrials Conference, Toronto

+ Nov. 18; 3rd Annual Sustainable Blue Economy Summit, Westin Nova Scotian, Halifax

+ Nov. 19-20; DEF2026 conference -  Energy Sovereignty for Global Security, Rimrock, Banff

+ Dec. 2-4; The Buildings Show, Metro Toronto Convention Centre, Toronto

2027

+ Jan. 6-9; CES 2027 – Program and Registration, Las Vegas

+ Jan, 12-14; WorldFutureEnergySummit 2027, ADNEC Centre, Abu Dhabi, UAE

+ Jan. 25-27; 2027 AHR Expo (International Air-Conditioning, Heating, Refrigerating Exposition), McCormick Place, Chicago

+ Feb. 21-23; Transportation Connects Alberta, Conference and Trade Show,  Edmonton Convention Centre

+ April 26-29; World Energy Congress, Riyadh, Saudi Arabia

+ May 29-30; Beneva Calgary Marathon, - registration open Sept 21, 2026

+ June 13-16; NeoCon 2027, The Mart, Chicago – save the date … https://neocon.com/

+ July 9-18; Calgary Stampede 2027 – Stampede Park, Calgary

+ Aug. 16-22; Rogers Charity Classic – PGA Tour Champions returns to Canyon Meadows Golf & Country Club – schedule/sponsorship opportunities - Calgary

[ please send your event notices and AGM notices to kolke@facilitycalgary.com ]


 
                                                                

 CHARITY - Not-for-profit - fundraising ...

 we love to help charities - in particular, child focused organizations, supporting and promoting them to help them do their great work; please pause a moment, click a link below to get more information and then ... consider making a donation. Every donation, however modest, goes a long way ... 

                                                                

NSTEP

NSTEP is focused on building healthy habits for children, for life!

We are an education hub of scientific, evidence based knowledge that focuses on teaching healthy habits for children, for life. We want their brains to be powered and nourished through healthy eating and physical activity. Nutrition and activity build better brains and bodies.

NSTEP programs are sought after by school and community organizations. The most popular programs are Chef on NSTEP, various ages and NSTEP Certificate programs for staff working with children and youth.


For information - reach out to Founder and CEO @ NSTEP - Deb Hymers: deb.hymers@nstep.ca


                                                                

                                                                

Unless otherwise noted, everything on this website is Copyright  Protected - © 1999 - 2026 - Mark Kolke, Publisher / MaxComm  Communications/Waterglass Press, units of PLANDflex Corporation, all rights reserved.
Our mailing address is: 6204B Burbank Road SE, Calgary, T2H 2C2, Canada
this site last updated November 11, 2026