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+ “ … for a man walking a thousand miles it is absolutely necessary to set aside his final goal and to say to himself each morning: 'Today I will walk twenty-five miles to a resting place and sleep,' and during each day’s journey reaching that resting place eclipses his ultimate goal and becomes his sole focus." – Leo Tolstoy

+ to Jessica LeNoble – this year’s recipient of the 2027 Allen D. Williams Scholarship

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

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+ 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

+ Blackstone is leading a US$3.1 billion bid for Mitsubishi’s stake in LNG Canada; Globe & Mail story

+ BMO Financial Group completed its acquisition of the Australian business unit of Euroz Hartley’s Group Limited

+ BMO Financial Group closed the sale of its Transportation and Vendor Finance unit to Stonepeak in a staged $14.5 billion transaction

+ CanAsia Energy Corp. completed its sale of Andora Energy Corporation to Logan Oil Corp.

+ crude / current energy prices: live links to Bloomberg energy prices / OilPrice.com / BOE INTEL ~ WTI @US$89/bbl; Brent @US$96/bbl ~ prices softened in anticipation of an Iran-U.S. ceasefire

+ Englobe agreed to acquire Obsidian Engineering Corp.

+ Equitable Bank agreed to sell its Bennington Financial Corp. leasing unit to Desjardins; terms not disclosed – current book is $1.1 billion

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

+ Government of Alberta: controversial gerrymandering of provincial constituencies is drawing fire;

+ Government of Canada: budget speech @ 4PM ET Nov 5th; call of six by-elections for Dec. 7; Canada and E-U commit to closer ties on tech and security, AND trade; PM Carney’s statement on EU relationship – announcing a Plan for a Stronger Canada; GoC investing $1.6 billion in AI firm Cohere – Globe coverage ;

+ Laurentian Bank completed its transaction with National Bank and Fairstone Bank

+ MNP grows again; adding Sheppard, Kruger & Bowley

+ 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

+ Nour Private Wealth Inc. acquired Mirabaud Canada Inc.

+ rig activity in Canada, courtesy of BOE Report

+ rig counts/utilization (active/working) – U.S.: steady at 603 this week; Canada: up 6 to 226 this week

+ Scotiabank closed its acquisition of Scota Group Jamaica Limited

+ Spartan Delta Corp. announced its 2027CapEx Budget is $725.0 million

+ 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

+ Surge Energy Inc. announced its 2027CapExBudget is $210.0 million

+ Tidewater Midstream and Infrastructure and Tidewater Renewables Ltd. are combining/merging

+ Vermilion Energy Inc. announced its 2027CapEx Budget is $675.0 million

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 51^st 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. 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’

+ Alexander MacDonald to Pres. @ Canadian Space Agency

+ Amanda Malko to Pres. & Chief Revenue Officer @ Thinklific Labs Inc.

+ Amie Blanchette to CEO @ BILD Calgary Region

+ Arsalan Zargar to Sr. VP, Major Programs @ CIMA+

+ Bill Morneau to Board Chair @ CIBC

+ Cameron Hart to Managing Dir. @ Calgary Municipal Land Corporation

+ Catherine Anderson to Chief Strategic Growth Officer @ A&W Food Services of Canada Inc.

+ David Pearson to Pres. @ Anthem Properties Group

+ Derek Wilson to Pres. & CEO @ Nuclear Waste Management Organization

+ Eric Becker to Director @ Mattamy Asset Management

+ Heather Krislock to Sr. VP & COO @ South Bow Corporation

+ Jamie Lockwook to CFO @ Canadian National Railway Company

+ Joanne McNamara to CEO @ British Land

+ John Pappas to VP, Bus. Dev. @ FP Canada

+ Julien Turcot to Chief Revenue Officer @ GoSecure Inc.

+ Marc Rondeau to Pres. & CEO @ Ontario Pension Board 

+ Patrick Gut to CEO @ Caelo Energy

+ Peter Dinsdale to Pres. & CEO @ Canadian Council for Indigenous Business

+ Richard Prior to Sr. VP & CCO @ South Bow Corporation

+ Roberta Engel to CFO @ Upcycle Minerals Inc.

~ 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 ]

+ Albert Royer; Edmonton developer, founder of Royer Developments Ltd.; 81

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+ ConocoPhillips cutting 20-25% of its workforce

+ Eight senior executives at Acute Care Alberta axed …

+ GoC workforce reductions continue; 2,500 have left voluntarily so far … more cuts to come

+ Cohere is on the market to raise $7.0 billion in equity

+ Next Edge Capital Corp. closed a $50.0 million equity raise by IPO

+ Solink raised US$100.0 million in equity

+ Specific Biologics Inc. closed a US$35.0 million equity raise

+ Spectral Medical Inc. closed the first tranche of a $14.0 million convertible debt raise by private placement

+ Thryv Therapeutics raised US$30.0 million

+ 407 International Inc. closed a $600.0 million debt raise

+ DoorDash acquired Instacart for US$17.0 billion

+ INVESTOR ALERT:  Alberta Securities Commission warns about AI  trading scams

+ Moov AI and Nurun joined - Canadian leader in AI-powered transition

+ Alberta fire risk ... no active Alberta wildfires; total number of fires in 2026: 791 fires / 17,780 hectares of forest burned

+ fires, floods and storms: $3.7 billion insured damages – summer 2026, 3^rd worst summer on record

+ what really happened at CFB Wainwright? Reporting of actions by the Orphan Well Association and Alberta Energy Regulator appear to reveal a conflict involving the actions taken, when they were taken and if/how they were connected to fire, deaths and injuries in the Oct. 17^th fire. … something happened and the ‘incident’ seems to be deserving of investigation of what really happened and why the parties aren’t being more forthcoming …

+ Canada needs more chargers!

+ Anthropic in lease talks for massive data centre outside (NE) Edmonton with Beacon Data Centers – Edmonton plans ..; Beacon got approval for 800MW campus on a site near Gibbons

+ Calgary City Council to debate temporary pause on data centre development

+ Canadian Coalition for Digital Infrastructure – formation of a new national industry coalition

~  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.

+ CPKC posts record numbers for October grain momements

~  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.

+ De Havilland is adding production to its Wheatland Country/Strathmore facility; this will create 1,000 new jobs and the expansion is supported by $2.5 billion in EDC financing

~  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

+ Canstar Restorations placed in receivership; AlixPartners is the Receiver

+ Calgary Council committee endorsed a proposal to streamline/ fast-track future hotel development in the Beltline by establishing an area where hotel projects are excluded from typical density rules

+ Englobe completed its acquisition of C.F. Crozier & Associates Inc.

+ Blackstone together w/investor group - Canada Pension Plan Investment Board, Ontario Municipal Employees Retirement System, Investment Management Corp. of Ontario and the Public Sector Pension Investment Board  a US$3.1 billion bid for Mitsubishi’s stake in LNG Canada

+ CPP Investments in a JV with CPP Investments, Dream Unlimited Corp. and Dream Industrial REIT  acquired a 2.1-million-square-foot industrial portfolio in the GTA for $585.8 million

+ PSP Investments completed the sale of FirstLight's U.S. operations, including the FirstLight brand, to Hull Street Energy, 

+ Bow Valley College expansion plans; to acquire former central library block – to renovate for use as a health care training hub; $5.0 million grant for planning/programming and design from GoA

+ Bed Bath & Beyond returning to Canada – online at first, brick & mortar stores returning in 2027

+ Canadian Tire rolled out a new format for it’s Mark’s stores – showing it off in it’s newest store opening in Thunder Bay; rolling out across the chain through 2028 at a cost of $200.0 million

+  Metro Supply Chain Inc. announced completion of its acquisition by NIPPON EXPRESS HOLDINGS INC.

+ Sunterrra Market location in Brittania – closing Nov. 9

+ GoA groundbreaking – $6.0 million support for Ke Mama Nnanik affordable housing development in SE  Calgary, developed by Métis Calgary Family Services Society

+ Hyatt planning 10 Canadian hotel expansion in 2027; flags will be Hyatt Select and Hyatt Studios.

+ Morguard Corporation and Morguard North American Residential REIT’s deal to acquire $1.1 billion interest in the TD multi-res portfolio is now firm – involves a 26% interest in a 91 property/12,302 door portfolio

+ new neighbourhoods approved by Calgary City Council – three approved ( 2 in Glacier Ridge, 1 in Belvedere), four more in the queue for debate

+ Starwood Capital Group and Trez Capital formed a JV to finance residential land and development loan opportunities  with US$450.0 million base portfolio with a target of US$1.0 billion in loan acquisitions annually

+ True North Commercial REIT agreed to sell its Calgary Westwinds office campus for $57.0 million

+ ATCO launched a new/expanded modular factory in Grimbsy, ON; original 85,000 sq. ft. facility is now 185,000 sq. ft.

+ District REIT (Ontario and New Brunswick assets) placed in receivership

+ True North Commercial REIT agreed to sell its Calgary Westwinds office campus for $57.0 million

+ 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 

+ 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. 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 ]

+  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 ]

+ 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; 12^th Annual Calgary Concert for Classrooms, Bella Concert Hall, Calgary

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

+ Nov. 18; 3^rd 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 ]