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FACILITYCalgary Aug 26/26

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 THIS WEEK at FACILITYCalgary 

  August 6 ~ 12, 2026 


                                                                                        

 KUDOS 

+ to everyone reaching out BC residents grappling with wildfires, evacuations, and rebuilding homes and businesses that have been lost, or ‘not sure yet because they’ve not been back – Insurance Bureau of Canada and City of Penticton, TELUS $2.0 million, Canadian Tire Corp. $200,000, 




 QUOTES 

+ Clarity isn't about knowing what you want to do with your life, it's about knowing what you want to do this week. You don't need to have it all figured out. You just need to know your next step. – James Clear

+ Without laughter, the rough and rocky places on the path might be too painful to bear. Humor not only lightens your load, it also broadens your perspective. To be deadly serious is to suffer tunnel vision. To be able to laugh at yourself clears the vision. – George Leonard


 
                                                                                        

 
 
                                                                                        

 
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OFFICE MOVERS

 
                                                                                        

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OFFICE AND INDUSTRIAL LEASING

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  NEWS THIS WEEK  


+ another water line breakage in Bowness …

+ and, a Rogers phone and internet connection problem since Monday; a botched copper theft/fibre-optic damage is the cause – service now restored …

+ Air Canada selling a 25% stake in its Aeroplan unit for $2.5 billion to Blackstone and La Caisse led consortium

+ Alberta plans for an Oct. 19 referendum vote in response to 300,000 signature petition; a Court of King’s Bench decision has now quashed the vote because the province did not consult with first nations stakeholder; the Premier says the government will appeal the ruling …

+ BC government declares state of emergency; federal help on its way to deal with wildfires

+ an URGENT CALL for BLOOD continues – please consider making a donation: Canadian Blood Services urge you to give the gift of life!

+ Calgary, Rocky View County, CIB, and Shepard Development Corp. signed an MOU - advancing Prairie Economic Gateway (rail driven inland port) project; 400 acres is ‘ready to go’ as part of a 1,300 acre project

+ Crestpoint Real Estate Investments Ltd. and Minto Group acquired Minto Apartment REIT for $2.3 billion

+ crude / current energy prices: live links to Bloomberg energy prices / OilPrice.com / BOE INTEL ~ WTI @US$82/bbl; Brent @US$88/bbl; price volatility continues, markets/media/officials are more in the dark than the light as negotiations are going on (Trump says) vs. not going on (Iran) … though several alliances seem to be ‘talking’ … tic toc, we’ll see

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

+ Fastfrate Group acquired by Jardine Transport Group

+ Goodfood Market Corp. obtained CCAA creditor protection, Raymond Chabot is monitor

+ GO Residential REIT and partners agreed to acquire H&R REIT for $6.7 billion – H&R is recommending acceptance to its unitholders; GO will be 2nd largest REIT in Canada

+ Government news Alberta – established the Surface Rights Advisory Panel

+ Jamieson Wellness Inc. agreed to be acquired by Kirin Holdings Company for $2.5 billion

+ Lycos Energy Inc. closed its $70.0 million acquisition of Sparky Waterflood Assets

+ Moneris Solutions Corporation (50% BMO, 50% RBC) sold to Francisco Partners for $2.0 billion, and both banks entered long term operating agreements

+ 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

+ Revolve Renewable Power Corp. closed its acquisition of 14MW battery storage portfolio

+ rig activity in Canada, courtesy of BOE Report

+ rig counts/utilization (active/working) – U.S.: holding at 588 this week; Canada: down 3 to 216  this week

+ Rogers Charity Classic updates: news releases on player and sponsor announcements and tickets




 U.S. Trump / TARIFF WATCH ...

… see previous issues for items between Feb 20 and May 12th

+ May 14 – U.S. to slap Canadian fresh mushroom imports with duties, claiming Canadian producers are unfairly subsidized …

+ June 2 – Canada proposing to renew CUSMA/USMCA treaty for 16 years prior to July 1st deadline as opposed to renegotiating the treaty or ending it – while the U.S. is holding to its position of renegotiating some issues … so, the countdown until July 1st will be carefully watched with implications for Canadians and Canadian businesses – and American companies too, as tariffs, auto industry and resource sectors will be impacted in significant ways depending on the outcome of negotiations between Canada, the United States and Mexico

+ June 2 – Trump signed a proclamation reducing tariffs on some steel, aluminum products and some farm machinery, heating and HVAC equipment and other confusing language …

+ June 3 – Trump announced plans/threat to impose new tariffs on dozens of countries, including Canada, yet appears to have an exemption/carve-out for Canada because of USMCA – and renewed allegations of ‘forced labour’ being his rationale for his tariffs…

+ June 19 – Canada slapped a 10% tariff on canned vegetable imports

+ July 2 – Trump declined to  renew the CUSMA trade agreement; triggering a 10 X 1 yr at a time renegotiation process …

July 20 – new 50% tariff’s threatened to be levied by Trump against Canadian products in 30 days – and the list of issues/products are diverse to the point of being absurd

July 21 – Carney says he and Trump agreed to ‘intensify’ trade talks; also, he issued a statement on the impropriety of these tariffs under CUSMA

July 28 – Trump says he doesn’t care about CUSMA or having a free trade deal with Canada and Mexico – claims the U.S. doesn’t need either Country, but that they need the U.S. … without mentioning that the currently in force treaty has 10 more years to go …

July 5 – Carney ups the tough talk on looming deadlines, negotiations

July 11 – trade officials … potential deal to pitch to Trump next week ahead of deadline

Aug. 10 – CABC New Economic Report on impacts of US-Canada Tariff escalation and USMCA

Aug. 11 – CUSMA breakdown, job losses and massive economic impact feared

Aug. 12 – CFIB concerns, new US tariff on CUSMA compliant goods would have a massive impact

Aug. 12 – GoC weighing a proposal on auto tariffs

Aug. 12 – interim deal pursued, Mexico could come later




SHAKERS AND MOVERS 
appointments and disappointments 

+ David Kinder, Pres. & CEO, to Director @ Big Rock Brewery Inc.

+ Douglas Muzyka to Director @ Food Banks Canada

+ Dr. Jocelyn Williams to Interim VP Academic @ St. Mary’s University

+ Evan Siddall to Inaugural Board Chair @ Build Canada Homes

+ John Farrell to Director @ MDA Space Ltd.

+ John Peellegoda to Director @ Food Banks Canada

+ Julia Turley to Director @ GreenCore Solutions Corp.

+ Kris Bower to Chair, Surface Rights Advisory Panel @ Government of Alberta

+ Marc-André Lefebvre to Exec. VP, CFO and COO @ BTB REIT

+ Rich Kruger, Pres. & CEO @ Suncor Energy, to transition of Exec. Vice-Chair

+ Rick Hillier to Strategic Defence Advisor @ National Bank of Canada

+ Stephen Spengler to Director @ MDA Space Ltd.

+ Taylor Woolsey to Trustee @ Stollery Children’s Hospital Foundation

~ 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 

+ Allan Warrack; professor, politician, MLA, minister; 89

+ John Chomiak; former Pres. & CEO @ Hemisphere Engineering Inc., 87

+ Leonard (Lenny) Freidman; founder of Super S Drugs; 91


 
                                                                

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 HR Resource + Workplace Trends + HSE 

+ designing AI into creative organizations and workplaces

+ Canadian SME’s optimistic … survey




 FINANCINGS - proposed and closed 

+ Cogeco Communications Inc. is on the market to raise $200.0 million in sr. secured debt

+ CT REIT closed a $300.0 million sr. unsecured debt raise

+ Intact Financial Corporation is on the market to raise $250.0 million in debt by private placement

+ Lycos Energy Inc. secured a $34.5 million credit facility

+ Marksmen Energy Inc. is on the market to raise $1.2 million in equity by private placement

+ NEO Battery Materials Ltd. is on the market to raise $4.0 million in equity by private placement

+ Sabio Holdings Inc. is on the market to raise US$1.5 million in debt

+ Sona Nanotech closed a $2.5 million equity raise by private placement




 A I TRENDS 

+ Stevie Awards – 2026 winners from 78 nations …




 RISK 

+ Alberta fire risk ... 3 of 3 active Alberta fires are under control, none are being held and none are out of control; Alberta totals for 2026 to date: 683 fires extinguished / 26,763 hectares of forest burned

+ Bald Ridge fire attacked Summerland, BC has 12,000 residents evacuated, fire still out of control – evacuees struggle to get good information

+ GoC to launch improvement to warnings for tornados and thunderstorms




 CLIMATE CHANGE + RENEWABLES + EVs  

+ Sitka Power added Simcoe Battery Project to it’s portfolio .. 150MW

+ Time Magazine – 2026 – World’s Most Sustainable Companies – report/methodology and list … two Canadian firms in top 100 (WSP#67, TELUS#76); CN#130, STANTEC#138, LULULEMON#174, CAE#221, CGI#278, ELEMENT FLEET#287, BCE#431, ROGERS#432, BORALEX#442, THOMSON REUTERS#443, COGECO#518, CELESTICA#558, ATKINSREALIS#574, FIRSTCAPITALREIT#597, GILDAN#655, IGM#700, POWERCORP#701 … and while many ‘other country firms’ on the list of 750 firms, many of them operate in Canada, including the global #1 firm – Schneider Electric - #1




 DATA CENTER issues + news 

+ Canadian imports of data centre equipment/gear, up 88% year over year

+ GoA to hold townhalls (and times/dates schedule) for ‘how to have your say’ on datacentre development; the announcement is fuzzy on who citizens will get questions asked – it looks like government-talkers and citizen listeners …

~  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.




 DEFENSE + AEROSPACE  


+ France seeking more Canadian made fire fighting aircraft

+ University of Calgary to house quantum defence hum to develop tech for armed forces

~  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




 AG NEWS 


+ CN … correction … reported record 2025-26 crop year grain movements

~  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 

+ AtkinsRéalis Group Inc. acquired Patrick J. Tobin & Co. Ltd.




 PENSION FUND NEWS / REPORTS 


+ CPP Investments sending $200.0 million to Brazil, taking 49.5% interest in two Hilton hotels (545 keys and 503-keys) in JSI JV




  RETAIL + RECREATION  


+ Best Buy Canada and Fairstone Bank of Canada renewed their 20 year point-of-sale financing partnership  

+ Edmonton downtown re-invention; a judicial sale of Edmonton City (1.4 million sq. ft site, 3 office towers, retail and parking) sold to Westrich Pacific Corp. - planned redevelopment, 1,500 housing units

+ in Britannia Shopping Centre; what once was Starbucks is now Prado Coffee ...

+ Jolibee expanding its Canadian presence; 26 new franchised restaurants, many in BC and Alberta




  MULTi-res + HOTEL + RES LAND DEVERLOPMENT 


+ CMHC published it’s Social and Affordable Housing Survey

+ Crestpoint Real Estate Investments Ltd. and Minto Group acquired Minto Apartment REIT for $2.3 billion

+ Edmonton downtown re-invention; a judicial sale of Edmonton City (1.4 million sq. ft site, 3 office towers, retail and parking) sold to Westrich Pacific Corp. - planned redevelopment, 1,500 housing units

+ The Robson Hotel hotel/80 keys; under construction in Jasper on site of if Mount Robson Inn destroyed by 2024 Jasper wildfire




 INDUSTRIAL, MANUFACTURING + LOGISTICS 


+ Calgary, Rocky View County, CIB, and Shepard Development Corp. signed an MOU - advancing Prairie Economic Gateway (rail driven inland port) project; 400 acres is ‘ready to go’ as part of a 1,300 acre project

+ Citylink Logistics Centre – Phase 2, 310,929 sq. ft. for completion in July 2027, in Rocky View Country – JV of Hopewell and Dayhu Grpip




 REITs + TRUST NEWS 

+ Crestpoint Real Estate Investments Ltd. and Minto Group acquired Minto Apartment REIT for $2.3 billion

+ GO Residential REIT and partners agreed to acquire H&R REIT for $6.7 billion – H&R is recommending acceptance to its unitholders; GO will be 2nd largest REIT in Canada

+ Plaza Retail REIT struck a committee to review strategic alternatives

+ 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 later in June; 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 

+ Aug. 12; CADE Inc., 2026 Annual Meeting of Shareholders, Montreal

+ Aug. 12; Reklaim Ltd., Annual General Meeting, Toronto

+ Aug. 25; VIA Rail Canada, Annual Public Meeting, virtual

+ Sept. 9; Questor Technology Inc., Annual General Meeting, Calgary

+ Sept. 16; VersaBank, Special Meeting of Shareholders, London, On.

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




 CHARITY + INDUSTRY GOLF EVENTS 

+ Aug. 17-23; Rogers Charity Classic ~  LINK TO GET PASSES – Canyon Meadows, Calgary

+ Aug. 19-23; 2026 CPKC Women’s Open, Royal Mayfair, Edmonton

+ Aug. 25; Calgary Real Estate Board, 2026 Annual Golf Tournament, Blue Devil, Calgary

+ Aug. 26; 30th Annual Rotary Stay-In-School Golf Classic, The Hamptons Golf Club, Calgary

+ Sept. 10; CEA Golf Tournament, The Ranch Golf and Country Club, Acheson

+ Sept. 22; BOMEX Ottawa 2026 Golf Day;  Loch March Golf Club, Kanata

+ Sept. 24; EDA 2026 Invitational, Broadmoor, Sherwood Park

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




 UPCOMING EVENTS / SAVE THE DATE 

+ Aug. 27-30; GlobalFest, Spruce Meadows, Calgary

+ Aug. 31 – Sept. 3; Fenestration and Glazing Industry Alliance 2026 Fall Conference, Hyatt Regency, Calgary

+ Sept. 2 – Bank of Canada - next rate review date

+ Sept. 15; BOMA Edmonton event – four former mayors – Marriott ICE District, Edmonton

+ Sept. 16-17; ALL IN 2026 AI conference, Montreal

+ Sept. 16-17; Oil Sands Expo, Suncor Leisure Centre, Fort McMurray

+ Sept. 18; 3rd Annual Sustainable Blue Economy Summit 2026, Westin Nova Scotian

+ Sept. 22-24; BOMEX 2026, Ottawa – save the date ...  registration link n/a yet ...

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

+ Oct. 20-21; Global Data Centre & Cloud Expo 2026, International Centre, Mississauga

+ Oct. 21-22; BUILDEX Alberta, BMO Centre, Stampede Park, Calgary – co-located events

+ Oct. 21-22; Calgary Real Estate Forum, BMO Centre, Stampede Park, Calgary – co-located events

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

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

+ 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

+ Feb. 21-23; Transportation Connects Alberta, call for presenters is open , Edmonton Convention Centre

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

[ 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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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.


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this site last updated  August 26, 2026