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Alberta

COVID19 spreading events – Premier Kenney asks Calgary and Edmonton residents to stop hosting gatherings

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From the Province of Alberta

Strong public health measures are being implemented to protect the health system and limit the spread of COVID-19.

Expanded mandatory and voluntary limits on social gatherings are now in place to help reduce growing caseloads.

New COVID-19 measures

  • Effective immediately, new mandatory and voluntary public health measures will help protect the health system and limit the spread of COVID-19.
    • All Edmonton and Calgary residents should stop holding social gatherings within their homes and instead socialize in structured settings where it is easier to limit risk of exposure.
    • The mandatory 15-person limit on social gatherings is being expanded to all communities on the watch list.
    • Voluntary measures to limit cohorts to no more than three and to wear masks in the workplace unless able to safely distance are also strongly recommended for any community on the watch list, regardless of location.
  • Additional measures to bolster Alberta’s public health response:
    • AHS is prioritizing the hiring of about 380 additional contact tracing staff that will expand the contact tracing team to more than 1,100 people.
    • To support contact tracing, all Albertans should download ABTraceTogether, Alberta’s contact tracing app.
  • Alberta will also be shifting back to daily reporting of case numbers and information, including on weekends and holidays.

Latest updates

  • To date, 24,684 Albertans have recovered from COVID-19.
  • There are currently 6,822 active cases in the province.
  • Over the last 48 hours:
    • 802 new cases were identified on Nov. 4
    • 609 new cases were identified on Nov. 5
  • Alberta labs have now performed 1,869,192 tests on 1,305,540 people.
  • There were nine additional deaths since Nov. 3, bringing the total number of COVID-19 deaths to 352.
  • All zones across the province have cases:
    • Calgary Zone: 2,886 active cases and 10,966 recovered
    • South Zone: 398 active cases and 2,216 recovered
    • Edmonton Zone: 2,819 active cases and 8,713 recovered
    • North Zone: 431 active cases and 1,821 recovered
    • Central Zone: 255 active cases and 914 recovered
    • 33 active cases and 54 recovered cases in zones to be confirmed
    • Additional information, including case totals, is online.
  • There are 392 active cases and 1,631 recovered cases at continuing care facilities; 221 facility residents have died.
  • School case information will be updated on Monday.

Updated contact tracing approach

  • Alberta is piloting a targeted contact testing approach. This will make contact tracing faster and focus on populations at greatest risk of illness and further spreading COVID-19.
  • Alberta Health Services will directly notify close contacts of confirmed COVID-19 cases in three priority groups only:
    • health-care workers
    • minors (parents will still be notified if their child has been exposed in a school setting)
    • individuals who live or work within congregate or communal facilities
  • AHS will no longer directly notify close contacts outside of these three priority groups, at this time.
  • Albertans outside the priority groups who test positive will be asked to notify their own close contacts.
  • AHS will continue to directly notify all positive cases of COVID-19 of their result, identify priority contacts that AHS will notify, and provide the case with guidance on notifying their own contacts.

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Alberta

Brookfield confident in offer for Inter Pipeline after Pembina terminates rival bid

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CALGARY — Brookfield Infrastructure Partners LLP said it’s confident its hostile bid for Calgary-based Inter Pipeline will be successful now that Pembina Pipeline Corp. has terminated its own rival offer.

Brookfield’s $16-billion offer is now “the sole transaction on the table” for Inter Pipeline shareholders and any delay in accepting it would not be in shareholders’ best interests, Brookfield spokeswoman Claire Holland said.

“We believe Inter Pipeline’s board made the right decision,” Holland said in an email. “This decision implicitly affirms the merits of our offer, which provides superior value, flexibility and certainty.”

Pembina announced Monday it had terminated its bid for Inter Pipeline after its board advised it would no longer recommend shareholders support the deal. Pembina will pocket a $350-million break fee as a result. 

The news came nearly two months after Inter Pipeline entered into a friendly $8.3-billion all-share deal with Pembina equal to $19.45 per share. The deal — which would have seen Inter Pipeline shareholders receive half a Pembina share for each Inter Pipeline share they hold — was struck in response to the hostile takeover bid from Brookfield that Inter Pipeline said undervalued its business.

Brookfield, Inter Pipeline’s largest shareholder, subsequently raised its cash and share takeover offer to $19.75 per share, up from its earlier proposal valued at $16.50 per share. It later revised the offer by giving shareholders the option to receive their entire payment in cash, instead of a mix of cash and shares, if they desire.

Brookfield again raised its offer in mid-July to $20 in cash or 0.25 of a Brookfield Infrastructure share for each Inter Pipeline share, with a cap on the number of shares that are available.

At least two prominent shareholder advisory firms, ISS and Glass Lewis, recommended that Inter Pipeline investors reject the company’s proposed sale to Pembina and instead support the takeover by Brookfield.

On Monday, Pembina CEO Mick Dilger said he was disappointed with the outcome.

“The industrial logic of a combined Pembina and Inter Pipeline remains unparalleled and the value creation between certain of our assets is impossible to replicate by any other entity,” he said in a news release.

Dilger said the company will continue to seek opportunities for growth through “focused acquisitions.” 

“Pembina remains optimistic about its future, including the profitability of our existing business given foreseeable sector tailwinds, as well as with tremendous flexibility to pursue an ever increasing and more diverse set of opportunities for growth, some of which we were able to highlight and advance during this process.”

Inter Pipeline said it is open to working with Brookfield to reach a “mutually agreeable transaction.” The Brookfield offer expires on Aug. 6.

Earlier this month, the Alberta Securities Commission ruled in favour of Inter Pipeline and Pembina in a decision that was critical of the tactics used by Brookfield Infrastructure in the takeover fight.

The securities regulator upheld a $350-million break fee that Brookfield had sought to have cancelled.

It said Brookfield Infrastructure used “abusive” tactics in its attempt to buy Inter Pipeline and ordered the company to provide additional disclosure related to total return swaps it holds that give it economic exposure to Inter Pipeline’s shares.

The regulator also raised the minimum tender conditions of the Brookfield Infrastructure offer to 55 per cent from a simple majority of the shares tendered by shareholders other than Brookfield and those acting in concert with it.

This report by The Canadian Press was first published July 26, 2021.

Companies in this story: (TSX:IPL, TSX:PPL, TSX:BIPC)

Amanda Stephenson, The Canadian Press

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Alberta

Canada to play Finland in first game of women's world hockey championship

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CALGARY — Hockey Canada has released the schedule for the International Ice Hockey Federation World Championship Women’s World Championship, featuring Canada versus Finland in the opening game.

The 31-game tournament will be played at WinSport Arena at Canada Olympic Park in Calgary, Alta., from August 20-31.

This is the eighth time Canada has hosted the event.

Dean McIntosh, vice-president of events and properties with Hockey Canada, says a variety of provincial groups have worked together to make the 10-team tournament a reality.

It features Canada in Group A with Finland, Russia, Switzerland and the United States, while Group B is comprised of the Czech Republic, Denmark, Germany, Hungary and Japan.

Canada has captured 10 gold medals at the championship (1990, 1992, 1994, 1997, 1999, 2000, 2001, 2004, 2007, 2012), as well as eight silver and one bronze.

This report by The Canadian Press was first published July 26, 2021.

The Canadian Press

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