INTERESTING REAL ESTATE NEWS, other places:
+ Lakeview Hotel Investment Corp. closed the $2.9 million sale of Lakeview Inn & Suites – Edson East, in Edson, AB
+ Morguard Investments Limited are updating Scotia Place in Edmonton; $22 million renovation project starts next month …
+ Rogers Place (new home of the Edmonton Oilers) in Edmonton is finished, public tours and grand opening were a big shindig!
CLIMATE CHANGE / LEED / RENEWABLE ENERGY :
+ Lafarge Canada Inc. reduced the environmental footprint of its Exshaw plant; project began in 2013; capacity increases from 1.3 million metric tonnes per year (tpy) to 2.2 million metric tpy. Technology upgrades reducing sulphur dioxide emissions 60%, nitrogen emissions 40% – and zero water discharge through a $20 million investment in a new kiln #5
+ University of Calgary awarded $75 million research grant over 7 years– part of a $900 million federal government program: Global Research Initiative in Sustainable Low Carbon Unconventional Resources; 270 researchers and scholars at U of C involved in the project; University of Alberta also received a $75 million grant over 7 years
New Summary:
+ Agrium Inc. and Potash Corporation of Saskatchewan Inc. agreed to a merger of equals; combined entity will have 20,000 employees – operating name ‘to be determined’; combined market value is US$27.5 billion. Registered head office will be in Saskatoon, corporate office in Calgary
+ Bank of Canada, warning of risks to growth, announced it will maintain rates – overnight target rate remains ½ of 1%
+ Canyon Services Group Inc. increased its 2016 CapEx Budget by $16.5 million to $28 million
+ Ceiba Energy Services Inc. engaged advisors to conduct a strategic review process
+ ConocoPhillips Canada reported to be laying-off 250-300 staff this week, the majority of them at Calgary headquarters
+ Crescent Point Energy Corp. increased its 2016 CapEx Budget by $150 million to $1.1 billion
+ current energy prices – live link to current Bloomberg energy prices; some WTI price volatility due to GOM storms. Saudi, China and Russia representatives say they’ve agreed to cooperation to tackle the global oil glut to buoy prices – and then subsequently OPEC is talking about increases in production – it seems to my OPEC’s vacillations continue to be hurting their own members as well as everyone else …
+ Energy East Pipeline hearings are adjourned indefinitely; NEB’s hearing panel stepped down. Hearings will resume when new panel members are selected … tic toc
+ EOG Resources Inc. agreed to acquire Yates Petroleum for US$2.5 billion
+ Imperial Oil Limited announced it will be selling off its Norman Wells assets
+ Irving Oil closed its acquisition of the Whitegate refinery near Cork, Ireland
+ Johnson Controls completed its merger with and takeover of Tyco
+ Lone Pine Resources Canada Ltd. and Arsenal Energy Inc. got security holder approval for their combination transaction; completed their combination to form Prairie Provident Resources Inc.
+ memorial service for Hon. Norman L. Kwong in Calgary this afternoon will be live streamed
+ rig counts: western Canada’s fleet of 759 rigs saw 139 active rigs this week, down from 144 the week before; last year/same week was 178; U.S. rig count up 11 this week to 508; last year/same week U.S. had 848 active rigs. Also, U.S. EIA published a report with a great map on U.S. drilling productivity
+ Rockdale Resources Corporation changed its name to Petrolia Energy Corporation
+ Saudi Aramco looking a buying Lyondell’s Houston refinery
+ Shell commenced production at its Stones off-shore GOM project
+ TELUS Health Solutions GP closed its $14.5 million acquisition of Nightingale Informatix Corporation
+ Washington state adopted new rules for pipeline and rail transportation of oil through the state
+ Wealth One Bank of Canada chartered as a Schedule I Bank, founded by Chinese Canadian investors with plans to focus on services to the Chinese Canadian community
+ Yoho Resources Inc. closed its going-private transaction; 1981064 Alberta Ltd. now holds 100%
Click Here for the full FacilityCalgary Newsletter
events
So much to do in Calgary!
Looking for something to do this weekend? Check out the Calgary Events (via Avenue) and don’t miss anything:
Sled Island Music and Arts Festival
Jun 22, 2016 – Jun 26, 2016
This event occurs daily, every 1 day(s).
This five-day music, arts and culture festival has been taking over the city at the end of June since 2007. Each year, there’s a new lineup of thoughtful, eclectic and often unexpected artists, bands, comedians, musicians and filmmakers performing. This year, headlining musicians performing at the festival include Angel Olsen, Guided By Voices, The Sonics and Peaches. Times:…
Arctic Games with Johnny Issaluk
Jun 22, 2016 – Jun 22, 2016
This event occurs daily, every 1 day(s).
Johnny Issaluk is an actor, an athlete and a community leader from Nunavut. As part of the Banff Centre’s National Aboriginal Day celebrations, Issaluk demonstrates a few traditional Arctic games. Get a sense of the agility, strength and endurance of these First Nations sports — Issaluk will demonstrate his world famous Inuit high kick. At select performances, after a brief…
Young Frankenstein
Jun 22, 2016 – Jun 26, 2016
This event occurs weekly, on Sunday, Tuesday, Wednesday, Thursday, Friday and Saturday.
This musical by Mel Brooks, who also produced the hilarious musical The Producers, will leave you in stitches. Young Frakenstein tells the story of Frederick Frankenstein, Victor Frankenstein’s grandson, and how he inherits the family’s estate in Transylvania. With the help of two sidekicks, he tries to fill his mad scientist grandfather’s shoes. Times:…
Shakespeare by the Bow: Hamlet
Jun 22, 2016 – Aug 21, 2016
This event occurs weekly, on Sunday, Tuesday, Wednesday, Thursday, Friday and Saturday.
This summer, Theatre Calgary brings the Shakespearean tragedy Hamlet to Prince’s Island Park. Up-and-coming Alberta actors starting their careers are the stars performing this popular revenge story. Bring your picnic blanket, pack up the picnic basket and enjoy both the play and the outdoor setting. The production is directed by Kate Newby and is…
Pop-Up Picnics in Downtown Calgary
Jun 22, 2016 – Aug 24, 2016
This event occurs weekly, on Wednesday.
Once a week throughout the summer months, Downtown Calgary presents a different themed pop-up picnic. (Previous themes have included jazz, art in the park and Beakerhead.) Bring your own lunch or purchase something from a nearby restaurant, sit on the supplies lawn chairs or picnic tables, and enjoy live entertainment and summertime activities. This is your chance to play giant Jenga or giant…
Stephen Avenue Summer Stage Entertainment
Jun 22, 2016 – Aug 31, 2016
This event occurs weekly, on Tuesday, Wednesday, Thursday, Friday and Saturday.
Stop by the Stephen Avenue stage during your lunch hour this summer and enjoy some free performances. Previously, there has been a range of different acts on these stages including rock bands, pop performances, dance troupes and comedians. A few performers scheduled to appear this summer include Winnie Lung, Northern Beauties and Johnny Summers Quartet. Times: 12 p.m. to 1 p.m. For…
Kaleidoscopic Animalia
Jun 22, 2016 – Sep 5, 2016
This event occurs weekly, on Sunday, Tuesday, Wednesday, Thursday, Friday and Saturday.
This exhibition was designed and curated by Paul Hardy and it marks his curatorial debut. It merges fashion, design and visual culture, and encourages viewers to think about human creativity, our values as a culture and our interest in animals as art and fashion. See animal-stuffed artifacts, artworks from a range of different cultures and time periods as well as original designs created by…
Something Old, Something New: 125 Years of Wedding Fashion
Jun 22, 2016 – Oct 16, 2016
This event occurs weekly, on Sunday, Wednesday, Thursday, Friday and Saturday.
This year the Lougheed House celebrates its 125th anniversary. To celebrate this, Lougheed House is showcasing 125 years of Alberta wedding fashion. See collections from the Museum of the Highwood, the Red Deer Museum, the Royal Alberta Museum, the Lougheed House Conservation Society and private collections. See vintage gowns and accessories, and learn a little bit about different cultural…
Calgary Food Tours: Eating East Village
Jun 22, 2016 – Dec 28, 2016
This event occurs weekly, on Wednesday.
If you need some help getting through the week, a food tour in the East Village might be the boost you need. The tour includes a behind-the-scenes progressive dinner at the Simmons Building. The tour begins at Phil and Sebastian Coffee Roasters where you’ll learn about the roasting and brewing of coffee beans. Get insight into bread making at Sidewalk Citizen Bakery (and pop a dessert in…