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FACILITYCalgary Oct28/26

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 THIS WEEK at FACILITYCalgary 

  October 22 ~ 28, 2026 

(includes items received up to close of business, Oct. 28th)




 QUOTES 

+ One can choose to go back toward safety or forward toward growth. Growth must be chosen again and again; fear must be overcome again and again. – Abraham Maslow

+ Every strike brings me closer to the next home run. – Babe Ruth




 KUDOS 

+ EY honorees; EY Entrepreneur of the Year – Prairies – nominees and winners; Eastern – nominees and winners


 
                                                                                        

                                                                                        

 
 Sponsors of this FACILITYCalgary issue:

 
ROCKY VIEW COUNTY
Business & Economic Development

 


 
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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

 


 
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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! 

 


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

 


 
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prelia.com

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

 


 
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LSE Real Estate Services

Office Leasing | Special Projects

Warren Libert-Scott, Principal

Phone: 403-618-1121

Explore LSEcorp.ca

 


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

 


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

 


 
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Our journey ... 
from Torino to Avenida Village 


MAKE YOUR RESERVATION

 


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

                                                                                        

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OFFICE AND INDUSTRIAL LEASING

RETAIL LEASING AND SALES

                                                                                        

                                                                                        

                                                                

 

  NEWS THIS WEEK  


+ BDC and Woveo launched a $10.0 million lending initiative …

+ Bearspaw South Feeder Main – ‘another round of water restrictions’ … Stage 4 Water Restrictions, effective Nov. 4th – no residential/commercial outdoor use, no watering/irrigation, and  restrictions for construction use; also, the review of the 2024 Bearspaw main break – report facts came to light – of the $2.3 million spent on the on review, more than $1.7 million was paid to the panel chair while $80,000.00 was paid to each of the other five panel members

+ Bank of Canada interest rate reset day: Bank of Canada increased its target for the overnight rate by 25 basis points to 2.5% - first increase since July 2025; Governor Tiff Macklem’s statement; and banks followed with announcements of rate changes: BMO, CIBC, Desjardins, Equitable Bank, Laurentian, National, RBC, Scotiabank, TD

+ crude / current energy prices: live links to Bloomberg energy prices / OilPrice.com / BOE INTEL ~ WTI @US$100/bbl; Brent @US$113/bbl  ~ Venezuelan crude shipments to the U.S. commenced; mediators continue efforts to resolve U.S./Iran war …

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

+ Government of Canada: the EU status for Canada is being revised – to be ‘not associate membership’ …;   GoC signed a strategic partnership agreement with the UAE, DP World to invest in Port of Churchill;

+ GreenOak – consolidating - BGO , Crescent Capital, InfraRed Capital Partners, SLC Management Fixed Income, and Advisors Asset Management, Inc., bringing US$326 billion global investment platform under one brand

+ 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

+ Ovintiv acquiring Logan Energy for $1.26 billion; Logan’s announcement

+ Prairie Provident Resources Inc. is in creditor protection under CCAA; Alvarez & Marsal is the Monitor

+ PwC report on investor sentiment – Emerging Trends in Real Estate 2027 report

+ rig activity in Canada, courtesy of BOE Report

+ rig counts/utilization (active/working) – U.S.: steady at 603 this week; Canada: up 3 to 220 this week

+ Staples launched ‘Staples Business’  - more than stores and distribution; they’re going business to business from coast-to-coast; AND, they announced appointment of Tony Smith,  Business Development Executive, Enterprise Growth & Market Expansion; he’s Mr. Alberta - Saskatchewan – Manitoba

+ U.S. Federal Reserve – interest rate re-set today ‘unchanged’

+ Whitecap Resources Inc. announced its 2027CapExBudget is $2.4 billion



 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 …




SHAKERS AND MOVERS 
appointments and disappointments 

+ Audrey Mascarenhas to Pres. & CEO @ Questor Technology Inc.

+ Christine Legard, Pres. @ European Central Bank, stepping down

+ Dan Teper to Sr. Managing Dir. and Global Head of Real Estate @ AIMCo

+ Donald LeCavalier, Exec. VP & CFO @ Transcontinental Inc., retiring

+ Frank Robertson to Pres. Canada and Great Lakes Region @ Enstructure

+ Lorne Doerkson to Premier-designate @ Government of British Columbia

+ Madan Murthy to VP Sales @ Renoworks Software Inc.

+ Manon Sigouin to CFO @ Transcontinental Inc.

+ Phil Reynolds to Sr. Managing Dir., Head, Financial Advisory, Canada @ Teneo

+ Sinéad O'Connor to Chief Actuary @ Manulife

+ Trenton Kwan to Director, Investor Relations @ Nations Royalty

~ 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 

+ Charles Cochrane; retired professional athlete, real estate executive, developer; 78

+ Myles O’Connor; retailer/fashion leader (O’Connor’s), athlete, business-man-about town; 59


 
                                                                

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 HR Resource + Workplace Trends + HSE 

+ Canadians know they’ll work longer and live longer – but this CPP report suggests only 34% are planning accordingly …

+ employer deadline to apply for Canada Summer Jobs program for 2027 is Dec. 3/26;

+ Microsoft offered a voluntary buyout to 60,000 employees (Canadian proportion not disclosed); they have 223,000 employees worldwide




 FINANCINGS - proposed & closed 

+ Fairstone Bank of Canada closed a $800.0 million debd raise

+ Hydro-Québec completed a $500.0 million debt raise 

+ Neo Financial secured a $250.0 million credit facility

+ Northstar Clean Technologies Inc. closed a $2.14 million equity raise

+ Weathsimple closed a $425.0 million financing




 Tech + Telecom TRENDS 

+ Clio acquired Page

+ Electronic Arts is shutting its Edmonton based Bioware unit after 30 year run for the videogame for; lots of layoffs in the company and 50 at Bioware

+ Deloitte’s Canada’s 2026  Technology Fast 50 program: meet the winners …. ; 1 of 50 is in Calgary - ZayZoon @ #33

+ Rogers hit with $15.0 million penalty by regulators for it’s marketing of certain wireless plans




 AI Trends 


+ Anthropic is readying itself for an IPO, expected to raise more than US$100.0 billion …

+ Government of Canada expands support for artificial intelligence adoption and commercialization in the Prairie provinces; to boost AI adoption and bring Canadian-made AI solutions to market




 RISK 

+ Alberta fire risk ... no active Alberta fire; total number of fires in 2026: 789 fires / 17,780 hectares of forest burned

+ Care-First auto insurance changes in Alberta, effective Jan.1/27

+ Privacy Commissioner to investigate data breach at Crime Stoppers …




 CLIMATE CHANGE + RENEWABLES + Evs  

+ Battery energy storage systems: JV – Rodan Energy and St. Marys Cement announced a development of a 50MW which will be Canada’s largest BESS installation

+ GoC issued DRAFT Clean Fuel Regulations … to mixed reviews from industry – mostly negative




 DATA CENTER issues + news 

+ Anthropic Direct will grow it’s leased data centers under Anthropic’s control – eliminating the middle-man; to account for an increasing portion of the US$542.0 - US$567.0 billion is sees building its computing infrastructure in coming years

+ Beacon Group’s Heartland Power Generation LP got AUC approval for it’s 920-MW power plan to serve the nearby Meta data centre hub in Sturgeon County north of Edmonton

+ new Alberta data centre proposal - $5.0 billion project for Brookfield and CPP Investments: Boreal Technology Hub in Parkland County

~  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 

+ Canadian Dairy Commission  2027 pricing announcement coming Oct. 30

+ PrairiesCan investing $3.0 million to support ag-industry training in southern Alberta

~  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.




 DEFENSE + ARCTIC + AEROSPACE 


+ CAE Inc. agreed to sell its Flightscape unit to SITA for US$500.0 million

+ Ribbit has proven it’s tech – an autonomous helicopter, airplane and drone

+ 49North signed MOU with UNWAVE to produced drones for use in Ukraine war effort

~  the growth of defence, aviation and space related business in Calgary is on-the-grow so we’ve begun covering news items that fit this category and Alberta – not just Calgary and we will include news items from other parts of Canada that connect to this sector




 PENSION FUND NEWS / REPORTS 

+ La Caisse investing $2.45 billion for 49.9% of BCE Inc. cellphone tower portfolio company




 INFRASTRUCTURE + P3 


+ CPKC renewed/expanded its rail service agreement (coal movements to the west coast) with Elk Valley Resources

+ DP World to invest in Port of Churchill with Arctic Gateway Group

+ Saddle Ridge NE Athletic Complex – construction underway on 162,000 sq. ft. project; Ledcor is the builder




  RETAIL + RECREATION 

+ Loblaws took 8 months – and apologized to 2.0 million shoppers who had their data hacked; that’s not President’s Choice – it’s CEO’s choice .. and they’re offering free credit monitoring as compensation; aren’t these the same folks who manipulated bread prices and compensated shoppers ‘after’ a class action lawsuit? … talk about committing unforced errors …

+ restaurant industry operators experiencing profitability declines in spite of strong sales – quarterly report from Restaurants Canada

+ Shops at Buffalo Run is on the market For Sale

+ Walmart will close it’s MacLeod Trail/Anderson Rd. location (once upon a time, a Woolco anchor to MacLeod Mall) – once it’s new 165,000 sq. ft. Supercentre is built out at Southcentre (in the former Hudson’s Bay space) to open in 2028

+ Walmart opened a 140,000 sq. ft. store in downtown Fort McMurray




 MULTI-RES + HOTEL + RES LAND DEVELOPMENT 

+ City of Calgary sold two sites  for non-market housing providers; at 155 Cirrus Cl. N.E. in Winston Heights/Mountview and 3010 36th St. S.E. in Dover

+ Geely Auto Canada is establishing operations in Canada for a 2007 launch of its electric vehicles in Canada: https://www.geely.ca/

+ Yardi published its Canadian national multi-family report




 OFFICE 

+ KPMG relocating – 1,000 staff, 120,000 sq. ft. to 240-4th Ave SW; to be renamed KPMG Tower




 REITs + TRUST NEWS 

+ discounted NAV discounts influencing REITs market value and taking-private transactions

+ 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. 3; goeasy Ltd., Special Meeting of Shareholders, Mississauga

+ 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

+ 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 

+ Oct. 29-30; 2026 CBA Insolvency Law Conference, Chateau Laurier, Ottawa

+ Nov. 2-5; ADIPEC 2026 Conference & Exhibition, Abu Dhabi, UAE

+ Nov. 4; National Philanthropy Day Luncheon, Hyatt Regency, Calgary

+ Nov. 5; Government of Canada – 2026 Budget, Parliament, Ottawa

+ Nov. 5; Infrastructure Partners Conference, Marriott Edmonton ICE District, Edmonton

+ 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. 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

+ 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 ... 

                                                                

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this site last updated October 28, 2026