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FACILITYCalgary Dec 3/25

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 THIS WEEK at FACILITYCalgary 

  November 27 ~ December 3, 2025 




 QUOTES 

+  If you have an apple and I have an apple and we exchange apples then you and I will still each have one apple. But if you have an idea and I have an idea and we exchange these ideas, then each of us will have two ideas. - Charles Brannan

+ When determining the size of complexity of a new habit, ask yourself: what can I stick to – even on my worst day? .. Start there. Master the art of showing up. Then advance. – James Clear

+ You drown, not by falling into a river, but by staying submerged in it. – Paulo Coelho


                                                                                                

                                                                                                

 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 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.

COMPREHENSIVE FINANCIAL RETIREMENT and ESTATE PLANNING



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



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BennettJones.com



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



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Our journey ... 
from Torino to Avenida Village 
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MAKE YOUR RESERVATION


FINE DINING - ITALIAN



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Visit: https://www.hydrogenexpo.com/exhibition/exhibition-enquiry-2026/ 
Contact dmg: https://www.dmgevents.com/contact-us
 
EVENT MANAGERS

 
                                                                                                

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  NEWS THIS WEEK  


+ Alberta ‘Forever Canadian’ petition verified as ‘successful’ by Elections Alberta; now goes to the GoA for decisions on how to proceed …

+ AltaGas Ltd. announced its 2026CapExBudget is $1.6 billion

+ Birchcliff Energy Ltd. announced its 2026CapExBudget is $325.0 million

+ CGI Inc. acquired Online Business Systems

+ crude awakening ~ current energy prices: live links to Bloomberg energy prices / OilPrice.com / BOE INTEL ~  WTI @US$59/bbl; Brent @US$63/bbl …

+ Extendicare Inc. expanding into home health care business, acquiring CBI Home Health for $570.0 million

+ FACILITYCalgary, sponsor-supported weekly newsletter; est. June, 1999; sign-up is free

+ Government of Alberta: MOU signed with GoC for ‘potential oil pipeline to tidewater’ … opposition and support widely varied; Eby claims to be out of the loop and opposed, but should he be allowed to claim ignorance? … meanwhile industry is supportive, many groups are not, indigenous organizations are voicing opposition; it’s too soon to tell if this is clever governing or political posturing … tic toc … - and Premier Smith faced ‘mixed reviews’ (the first 11 minutes of her 52 minute speech) at her UCP convention last weekend

+ Government of Canada: MOU signed with GoA for ‘potential oil pipeline to tidewater’ … ; strategy for Trans Mountain is to boost production before selling equity to the market; CBC coverage-summary of MOU provisions .. … and Minister Steven Guilbault resigned from the Carney cabinet in protest (and can probably hear the cheering across Alberta ..) while responses from many corners felt it was weak or didn’t consider them … and Ian Anderson chimed in too; Assembly of First Nations are saying no, and the Prime Minister vows to work with First Nations on all fast-tracked ‘major projects’ … and Metis groups are conspicuously quiet …

+ Laurentian Bank being sold to Fairstone Bank of Canada and National Bank of Canada – full details

+ 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

+ Richardson International Ltd. closed its acquisition of 8th Avenue pasta business; terms not disclosed

+ rig activity in Canada, courtesy of BOE Report

+ rig counts/utilization (active/working) – US: down 10 to 544 this week; Canada: down 7 to 188 this week

+ Scotiabank completed the transfer of its operations in Colombia, Costa Rica and Panama to Davivienda

+ Strathcona Resources Ltd. closed its acquisition of Van Thermal Project

+ Surge Energy Inc. announced its 2026CapExBudget is $150.0 million

+ Tamarack Valley Energy Ltd. announced its 2026CapExBudget is $390.0 million

+ Urano Energy Corp. agreed to acquire Pegasus Resources Inc.




 U.S. Trump / TARIFF WAR WATCH ...

+ Nov. 5; U.S. Supreme court hearing the case of Trump tariffs – are they constitutional? *

+ Nov. 15; Trump softened his stance, rolled back tariffs on many food products …

+ Nov. 23; Trump has not moved forward with threats of additional tariffs

+ Nov. 25; Carney placing new limits on steel imports, support for companies in steel and lumber industries

~ no decision yet from U.S. Supreme Court of legal status of tariffs*


                                                                

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SHAKERS AND MOVERS 
appointments and disappointments 

+ Ben Bergen to CEO @ Canadian Venture Capital and Private Equity Association

+ Craig Bryksa to Director @ Tamarack Valley Energy Ltd.

+ John Turner to CEO @ Walmart Inc.

+ Marc Miller to Minister of Canadian Identity and Culture @ Government of Canada

+ Robert King, COO @ Freehold Royalties Ltd., left the company

+ Patrick Ens to CEO @ goeasy Ltd.

+ Scott Neil to CEO @ REALTOR.ca Canada Inc.

Note: links in this section are to LinkedIn profiles where available and otherwise to a relevant posting of the appointment. -  [ send us your appointment notices  kolke@facilitycalgary.com ]




 REMEMBRANCE 


+ Ray Clark; former City of Calgary Councillor; 80

+ Tim Williams; revered Calgary musician; 77




 THIS WEEK IN FINANCINGS 
 proposed & closed 

+ Alvopetro Energy Ltd. secured a US$20.0 million credit facility

+ Canadian Utilities Limited closed a $201.25 million in a preferred share equity raise

+ Extendicare Inc. closed a $200.0 million equity raise by private placement

+ First Capital REIT is on the market to raise $250.0 million in sr. unsecured debt

+ Manulife Financial Corporation is on the market to raise US$1.0 billion in sr. unsecured debt

+ Merchant Opportunities Fund secured a $130.0 million credit facility

+ Morien Resources Corp. is on the market to raise $1.0 million in equity by private placement

+ Morphocell Technologies Inc. closed a US$50.0 million financing

+ Sun Life Financial Inc. is on the market to raise $1.0 billion in unsecured sub debt




 HR Resource + Workplace Trends + HSE 

+ flooring trends for 2026

+ thoughts on redesigning ‘people leader roles’ .. McLean & Co. report




 TECHNOLOGY / AI Trends 

+ KPMG report on need for clear AI policies

+ GoC has established its AI Register




 RISK 

+ Alberta Wildfire information

+ labour crunch in construction threatens housing affordability and disaster recovery




 DATA CENTER issues + news 

+ Brookfield led Brookfield Artificial Intelligence Infrastructure Fund has US$10.0 billion in equity commitments for data centre development worldwide

+ space based data centers?? … Intellistake Technologies is a Canadian leader in this field

~ capacity, power, and continuity matter ‘huge’ to users and therefore must matter to data center operators and their suppliers of power. This is an-across-jurisdictions issue for companies, countries and providers of massive amounts of power that cannot quit. As this is growing issue we’ll try to capture the most relevant points each week on this subject. We appreciate everyone who provides us with news and perspective on this growing issue of importance to users of data centers and owners/developers of facilities.




 CLIMATE CHANGE + LEED + RENEWABLE ENERGY 

+ Pathways carbon capture project is key element in the MOU signed by Alberta and Ottawa

+ windpower will drive Canada’s renewable numbers through 2030




 CORPORATE RESPONSIBILITY + ESG REPORTS 

+ CN published its 2024 Sustainability Reports – Delivering Responsibility




 INFRASTRUCTURE + P3 

+ Calgary International Airport re-opening its west runway after a $200.0 million rebuild project

+ QuadReal and LaSalle Investment Management in JV/partnership to recapitalize a US$495.0 million portfolio of U.S. assets




 CONSTRUCTION + BUILDING SERVICES + ENTITLEMENTS / ZONING 

+ Zelus acquired Munck Cranes; terms not disclosed




 MULTI-RES + HOTEL 


+ Bluevale Capital conversion project will yield 128 new rental units

+ City of Calgary adds nine more buildings to office-to-residential conversions




 OFFICE 

+ ATB consolidating its Calgary offices in Suncor Energy Centre; 173,000 sq. ft. deal will complete in 2027

+ City of Calgary adds nine more buildings to office-to-residential conversions

+ City of Calgary’s new council is reviewing continuation of the conversion program




 REITs + TRUST NEWS 

+ First Capital REIT completed its previously announced plan of arrangement

+ Northwest Healthcare Properties REIT refocusing on NA assets, divesting in New Zealand and Australia

+ REITrag covers activity and announcements on the activity of real estate investment trusts - REITs: - sign up at: https://markkolke.substack.com/s/reit-rag -  our new REITRag format coming soon …




  SHAREHOLDER / INVESTOR MEETINGS 

+ Dec. 11; Artis REIT, Special Meeting of Unitholders, Winnipeg

+ Dec. 16; Kiwetinohk Energy Corp., Special Meeting of Shareholders, Calgary

+ Dec. 17; RecycLiCo Battery Materials Inc., Annual General Meeting, Delta

+ Jan. 25/26; Tuktu Resources Ltd., Special Meeting of Shareholders, Calgary

~ some guidance on conducting virtual shareholder meetings, provided by BD&P

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




 CHARITY + INDUSTRY GOLF EVENTS 

+ Aug. 17-23/2026; Rogers Charity Classic

+ please send your 2026 charity golf event notices to kolke@facilitycalgary.com

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




 UPCOMING EVENTS / SAVE THE DATE 

2026 events

+ Jan. 29-31; Conservative Party of Canada, National Convention, Calgary

+ Jan. 31 – Feb 1; The Wellness Show – Vancouver; save the date

+ Mar. 4-5; 5th Annual Modular Construction & Prefabrication Symposium, Pan Pacific, Toronto

+ June 8-10; NeoCon 2026, THE Mart, Chicago – get on the NeoCon updates mailing list

+ June 9-11; Global Energy Show Canada 2026, BMO Centre, Stampede Park, Calgary

+ June 16-19; Canadian Trail Summit, Winnipeg

+ June 17-20/2026; VivaTech 2026, Paris – save the data ... registration link n/a yet ...

+ Sept. 28-30; Indigenous Women in Industry Summit Canada, Hyatt Regency, Vancouver

[ 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 ... 

 
 
KUDOS to Deb and crew - your 2025 share of  the Rogers Classic -  FOR NSTEP … Rogers – Birdies for Kids – 40,014.76

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


                                                                

 
 
                                                                

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this site last updated December 3, 2025