Business in Calgary - January 2024 by Business in Calgary

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JANUARY 2024 | $3.50 BUSINESSINCALGARY.COM

ALWAYS UP FOR THE CHALLENGE

PRIVATE SCHOOLS FEATURE PAGE

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DAVID WALLACH, OWNER OF BARCLAY STREET REAL ESTATE, ON THE BATTLES HE’S FOUGHT AND WON

CALGARY CHAMBER SECTION

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ADVANTAGES OF SELLING YOUR HOME IN THE WINTER

SHOULD I WAIT TO LIST MY HOUSE FOR SALE UNTIL THE SPRINGTIME? Contrary to common belief, the winter months offer a unique window of opportunity for home sellers. Amidst the chill, prospective buyers in this season are notably serious and motivated, often leading to faster sales, favourable pricing, and reduced negotiation hurdles. Before you wait for the thaw, consider these factors that could set your home apart in the winter real estate market.

LESS COMPETITION Typically there are fewer homes for sale in the winter months. As a rule, the best time to sell your home is when inventory is low and there is less competition. During the winter, this scarcity of listings presents an opportunity for your home to shine, increasing the likelihood of a swift sale at an optimal price point.

RELOCATIONS Often, corporations relocate their employees at the start of the year. Maximizing your home’s visibility early in the year enables you to capture the attention of this influx of buyers. Calgary specifically has seen a substantial migration over the last two years and this trend is expected to continue into 2024.

YEAR END BONUSES Year-end bonuses are commonly disbursed in the first quarter of the year and many buyers use these funds as a down payment. Ensuring your home is on the market during this period can significantly work to your advantage, garnering the attention of these eager buyers.

SCHOOL REGISTRATION Families need to get their children registered in the public school system for the upcoming school year by the end of March. Given this deadline, many families start their home search in the winter so they can get their children registered in time.

COZY ATMOSPHERE Homes can look particularly inviting during the winter months. Cozy interiors helps buyers envision themselves living there, especially if you emphasize features like fireplaces and use seasonal decor that adds a welcoming sense of warmth.

LESS THAN AWARD WINNING YARD If your landscaping isn’t exactly award-worthy, a layer of snow can minimize the appearance of yard work awaiting come spring. However, if you have a spectacular yard with outdoor living areas, flower beds and mature trees, you may want to wait until spring when buyers can view your landscaping at it’s best. It’s imperative to time your listing so that your home’s most impressive features are showcased to their fullest potential.

EMBRACE THE SEASON’S POTENTIAL. LIST NOW TO CAPTIVATE MOTIVATED BUYERS.

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Nestled on a serene cul-de-sac with sweeping city skyline and natural reserve views, this opulent home is a true marvel. Opulent trim, architectural finesse, and exquisite finishes define its grandeur. A grand foyer leads to soaring ceilings in the formal living room, complemented by a cascading fountain. A $100k staircase is the centrepiece. The dining room with coffered ceilings adds to the elegance. Two private home offices offer quiet retreats. The family room offers comfort and splendid vistas, accompanied by a fireplace and built-in cabinets. The kitchen is a chef ’s paradise, boasting highend appliances and a caterer’s/spice kitchen. Ascend the curved staircase to a bonus room with a fireplace and stunning views. The primary bedroom is a lavish retreat with a double-sided fireplace, walk-in closet, and a spa-like ensuite. Three additional bedrooms each offer privacy and ensuites. The walk-out basement is an entertainer’s dream, featuring a spacious games area, a family room, a wet bar, an exercise room, and a theatre with a snack bar. Two additional bedrooms cater to guests or older children. Indoor-outdoor living is seamless with expansive decks offering river valley and city views. A covered patio houses a hot tub, and a fire-pit area is perfect for cool nights. Walking trails at your doorstep and proximity to prestigious schools add to the appeal. A triple garage with access to the lower level and an extra single garage cater to your practical needs. Welcome to a home where opulence meets comfort.

SPRINGBANK HILL | $1,895,000

4 B E D R O O M S / 4 B AT H R O O M S / 3 2 9 0 S F

S P R I N G W I L LO W T E R R AC E S W

This property embodies luxury and comfort. One of the best features is the outdoor living space covered by a pergola with a wood-burning fireplace and an outdoor TV with plenty of sitting room for warm summer nights. An open-plan main floor is ideal for gatherings, offering mountain views and a generous living room with a stone fireplace. Adjacent is the formal dining room perfect for festive meals, leading to a chef’s dream kitchen with double islands and high-end appliances. Natural light floods the space, connecting indoors and outdoors seamlessly, with generous windows and doors. A spacious bonus room appears as you ascend to the upper floor. Light floods the primary suite, from the private balcony and large windows, fitted with a charming fireplace and a luxurious ensuite for indulgence. Two bedrooms, a shared bath, and a laundry room complete this level. The lower level features a family room, wet bar, versatile games room, a fourth bedroom, bath, and mudroom. Outdoors, a landscaped yard offers ample space for play, a fire pit, stone patio, and privacy among mature trees.This property harmonizes sophistication with practicality, providing an exceptional retreat for luxurious living and entertaining.

ASPEN WOODS | $1,495,000

4 B E D R O O M S / 4 B AT H R O O M S / 2 875 S F

A S P E N S U M M I T PA R K S W

This immaculate residence is perfect for a growing family. It is in a prime location on a quiet street with a west facing yard. As you step inside, the open-concept main floor welcomes you with a warm and inviting ambience. The kitchen is a place to connect with family and friends and has stone counters, a 5-burner range, and side-by-side fridge and freezer. For those who need a quiet space, the office down the hallway is meant for focused productivity. Upstairs, the bonus room is the perfect area for the kids to hang out. Two generously sized bedrooms each have walk-in closets and the bathroom has dual sinks and separate shower/toilet ensuring smooth morning routines. The primary bedroom is a sanctuary of its own, with a seating area, a stunning ensuite with makeup vanity and a walk-in closet that connects to the laundry room. In the basement you’ll find a media room with a projector and a bar equipped with a fridge and dishwasher - the ideal setting for movie nights. Additionally, there is a gym, fourth bedroom, and bathroom on this level. Outside a beautifully landscaped flower bed edges the yard and there are bike trails and a playground just steps away. This is more than a home, it’s a lifestyle waiting to be embraced!

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Calgary-based music teacher and conductor, Anita Perlau, stands as a distinguished recipient of the 2023 Con Spirito Award from Choir Alberta. This prestigious accolade honours individuals whose unwavering spirit, dedication, and commitment significantly contribute to the vibrant choral music scene within their local community. Anita’s rich musical journey includes teaching Kindergarten to Grade Six music with the Calgary Board of Education and Calgary Classical Schole, and now with Webber Academy. From 1997 to 2005, she passionately conducted children’s choirs at Mount Royal University Conservatory. In her final two years, Anita served as the program director of Music Makers at Calgary Children’s Choir, leaving an indelible mark. Notably, she is the visionary creator of Joyful Kids Music, aspiring to deliver exceptional early childhood music education for children and their parents. Backed by advanced certificates in both the Kodály and Orff philosophies, along with a Masters of Education in music education, Anita’s commitment to excellence is further underscored by her studies at the Kodály Institute in Kesckemet, Hungary. Beyond her musical endeavors, Anita finds solace in the embrace of nature, relishing trips to the mountains for cross-country skiing or cycling. In her roles as a devoted mother to two remarkable young adults, a loyal companion to her furry friend Sam, and wife to the most supportive husband, Anita Perlau exemplifies the epitome of passion, talent, and dedication in the world of music and choir.

STORY TITLE // SECTION

Supporting the visions of entrepreneurs one story at a time. Volume 34 | Number 1

REGULAR COLUMNS

The Good, The Bad & The Ugly of 2023 By Shane Wenzel

Canada’s Highest Court Charts a Reasonable Path on Environment By Cody Battershill

CONTENTS

70 94

Calgary Chamber of Commerce Parker’s Pen By David Parker

COVER FEATURE

Always Up for the Challenge David Wallach, owner of Barclay Street Real Estate, on the battles he’s fought and won By Melanie Darbyshire

ON OUR COVER: ABOVE: DAVID WALLACH, OWNER OF BARCLAY STREET REAL ESTATE. PHOTO SOURCE: RIVERWOOD PHOTOGRAPHY

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JANUARY 2024 // BUSINESS IN CALGARY // BUSINESSINCALGARY.COM

Whether you’re toasting a milestone or getting together just because, you can count on Ruth’s to make everyday moments perfect.

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STORY TITLE // SECTION

Supporting the visions of entrepreneurs one story at a time. Volume 34 | Number 1

THIS MONTH’S FEATURES

22 28

CONTENTS 32 COMPANY PROFILES

73 77 81 85

Red Arrow

Celebrates 45 Years

From Stress to Success Fostering a culture of well-being in the workplace By Erlynn Gococo

Rejigging Wealth Management Inflation, technology and post-retirement careers By John Hardy

Soaring Above Expectations The Alberta International Airshow flies Alberta into the future By Nerissa McNaughton

Unleashing Potential: Why Supporting Alberta’s Independent Schools is a Win for Education With private school directory

Precision Plumbing Ltd.

Celebrates 15 Years

Cairo Development

Celebrating Business Excellence

62 66

The Market’s New Influencers The impact of Calgary condos and rentals By John Hardy

Downhill Fun and More! By Lisa Kopochinski

Lina’s Italian Group

Celebrating 30 Years

77 10

JANUARY 2024 // BUSINESS IN CALGARY // BUSINESSINCALGARY.COM

Where classrooms become studios Before you walk into the Bow Valley College Centre for Entertainment Arts (CEA), you’re greeted by a Wonder Woman statue that’s more than two metres tall, dressed in armour, and holding a shield and sword. As you enter, you’re treated to a light show of panels transitioning through the colours of the rainbow. On the inside, students are defeating opponents in one-on-one combat (they’re playing Mortal Kombat). “It's been very intentional with how these facilities have been built to ensure that students come in not feeling like they're in the average classroom,” says Jeff Clemens, Program Chair at CEA. “We want students to come in and be inspired.” The CEA team designed their classrooms to look like studios so students can feel like they’re already in the workforce. All the tools they’ll use in industry, including Unity, Unreal Engine, Houdini, and Maya are available to them. They can also use

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a virtualized system, which allows them to access their work from anywhere that has an internet connection - similar to what they’ll do in industry. As for the gaming space, it’s not just a nice escape. The gaming students need to play games to understand how a game works, what makes it fun, and how it’s built. Down the hall is an audio studio where students can record sound for games or animations. On the other side of the ﬂoor are three main seating areas where students can collaborate. “This area is set up so that students feel like they're part of industry and because of the way that it's been set up, the students have been excelling,” says Clemens of the CEA space as a whole. “And they're going above and beyond any expectations that we had.” To apply to CEA, visit cea.bowvalleycollege.ca

PUBLISHERS

Pat Ottmann & Tim Ottmann

EDITOR

Melanie Darbyshire melanie@businessincalgary.com

COPY EDITOR Nikki Mullett

ART DIRECTOR

Jessi Evetts jessi@businessincalgary.com

ADMINISTRATION/ACCOUNTING info@businessincalgary.com

REGULAR CONTRIBUTORS Shane Wenzel Cody Battershill David Parker

THIS ISSUE’S CONTRIBUTORS Melanie Darbyshire Rennay Craats Lisa Kopochinski John Hardy Erlynn Gococo Nerissa McNaughton

PHOTOGRAPHY

Cover photo courtesy of Riverwood Photography

ADVERTISING SALES/CUSTOM PUBLISHERS Melissa Mitchell 587-774-7601 melissa@businessincalgary.com Evelyn Dehner 587-774-7615 evelyn@businessincalgary.com Courtney Lovgren 587-774-7613 courtney@businessincalgary.com Brittany Fouquette 587-774-7624 brittany@businessincalgary.com Karla O’Brien 587-774-7620 karla@businessincalgary.com Julie Price 587-774-7617 julie@businessincalgary.com

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THE GOOD, THE BAD & THE UGLY OF 2023 // SHANE WENZEL

The Good, The Bad & The Ugly of 2023 BY SHANE WENZEL

hen I began to contemplate what I would write as a year-end summary I was hopeful it would be easier than last year to make it more uplifting and hopeful that we were turning the corner to easier times. But I find myself looking forward to 2024 and hopeful that powerful people will reassess their actions motivated by some exceptionally low polling numbers. While we are still two years away from Election 2025, there is still time for common sense to prevail by putting Canadians at the front of the agenda. That hope is fading as the blunders continue. Since the popularity polls are not faring well for Prime Minister Trudeau, he has suddenly started to pass out special favours; none are slated for Alberta. In addition to confusing favours, he is making casual ‘drop-by visits’ to small businesses to shake hands where he doesn’t typically shop and holding elite fundraising gatherings.

criterion for saving lives from a life of addictions, added more provincial police to assist in reducing crime on transit systems and is reorganizing the bureaucracy.

But we don’t have to look too far from home for some good news.

The Ugly: The ‘Existential Climate Emergency’ that doesn’t exist is fitting for this category. Threats from Minister Guilbeault to challenge his recent losses in court, his commitment of sending more of our dollars to his cohorts at COP-28, pledging to still demand zero emissions by 2030 and legislate a cap on oil and gas emissions. Fossil fuels represent capital in the bank. We need it and they need it. I was delighted to hear that the oil and gas industry was represented at COP-28 much to the dismay of some, but welcome support for Premier Smith.

The Good: Since last year-end, we celebrated Premier Danielle Smith’s victory in Alberta with her promise to stand against Ottawa policies that would harm our economy that continues to be the best in Canada. Premier Smith is doing her job as promised while constantly being challenged by the opposition. As those who seem to be opposed to progress continue to complain, she has kept her promise to immediately begin improvements on our struggling health care system. It can’t be expected to be other than struggling when cities are campaigning for more population without any thought that thousands of new arrivals can only impede more on a health system designed for fewer numbers. She has moved quickly with new

Our economy continues to boom with our oil sands adding over $2.2 billion more than expected to our coffers and a projected $5.5 billion surplus. More changes are under way. The Bad: Inflation is up largely due to a needless carbon tax, unsustainable deficit spending by the federal government, lost infrastructure dollars, gross overpayment dated back to the ArriveCAN App, a payroll system still incomplete at $3.5 billion dollars and increased interest rates. As a result, Canadians are suffering at the grocery stores, facing rising mortgage rates, rent increases and a shortage of affordable housing which will not be an easy task to facilitate. There is more, but I am running out of allotted space for this article.

Shane Wenzel is president of the Shane Homes Group of Companies. Follow him @shanewenzel on Facebook, Twitter, LinkedIn, Instagram and YouTube. His column is written for the Alberta Enterprise Group, @AEG on Facebook, Twitter and LinkedIn.

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Videowalls, Hybrid Meetings and Other AV Magic The Dynamic Business Tool The worn cliché that ‘a picture is worth a thousand words’ is as extinct as the dinosaur. And Inland AV, the state-of-theart, respected, full-service audio-visual company serving Calgary, Edmonton, Regina, Saskatoon and Winnipeg with innovative, effective and attention-getting audiovisual services, is proof.

AV branch manager, Mike Lardner. “We are proud that ‘winning strategies start here,’ and much of the credit goes to the up-to-date skills, creativity and collaboration of our Inland AV team.

Inland AV’s expertise and skills with corporate and special event AV displays and presentations are a dynamic art and science.

“Although the design and application of the technology is important, so is collaborating with our clients. Listening. Asking questions, and suggesting and proposing ideas for customizing and maximizing the effectiveness of the specific function or event.”

“With the tremendous range of technology and audiovisual systems, the scope and the power of effective AV options is both exciting and limitless,” says Inland

Audio visual technology is a vital component of most business meetings, conferences, seminars and many other special events.

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Lardner points out, from much experience, that an integrated communications system can involve a range of media, including audio, video, data, lighting and visual communications. “The goal is doing whatever it takes to make the presentation powerful, effective and simple to operate.” In todays’ state-of-art AV corporate and special event management world, features like displays, integrated displays, videowalls and multi-screen displays are everywhere. They greet people in the reception area, they are in most offices, classrooms and boardrooms. Communications research shows that people are more engaged in a meeting or group session when they can interact with the material. Of all the latest systems and technology, “The most in-demand AV feature are hybrid meetings,” Lardner explains. “Teams. Zoom. Google Meet and Webex. Because they key is flexibility! Being able to work from home, in the office or in several corporate meetings spaces at the same time.” With technology sophistication changing at such warp speed, another vital Inland AV competitive edge is critical updating

“EVERYTHING WE DO MUST BE GOOD FOR OUR CUSTOMERS, OUR EMPLOYEES AND OUR COMPANY.” and staying ahead of the curve. It is what Inland AV does, and how they do it. Powerful and engaging presentations. The feedback is a testimonial. Effective AV presentations are an ROI win-win. Inland AV Managed Services delivers on a business’ videoconference investment. Whether it is the rave reviews for Inland AV’s powerful audio visuals at the Brakemen Foundation Cook Off at the Calgary Petroleum Club, the Calgary Black Chamber of Commerce Awards Night, the annual Woods Homes Awards night, the stunning videowall, projection screens and LED lighting at the RBC Convention Centre gala and more, being up-to-date with the equipment and the design of AV presentations is a crucial part of Inland AV’s sought-after and essential service.

Inland AV is a full-service audiovisual company established in 1937. It now serves all of Western Canada with comprehensive audiovisual services in five locations: Calgary, Edmonton, Regina, Saskatoon and Winnipeg.

ABOVE: THE 2023 LEADERS AWARDS GALA.

BUSINESSINCALGARY.COM // BUSINESS IN CALGARY // JANUARY 2024

CANADA’S HIGHEST COURT CHARTS A REASONABLE PATH ON ENVIRONMENT // CODY BATTERSHILL

Canada’s Highest Court Charts a Reasonable Path on Environment BY CODY BATTERSHILL

ow that some of the dust has settled around a recent – and significant – ruling from the Supreme Court of Canada, it might be a good time to recall how we got here. The top court’s judgment, released in mid-October, saw a majority of Judges agree Canada’s Impact Assessment Act (IAA), formerly known as Bill C-69, falls considerably short in terms of Canadian law – and is largely unconstitutional. While the ruling was part of a reference case in which governments effectively asked the courts for advice on the law, the ruling carries a great deal of weight. Traditionally, a ruling like this means legislators have their work cut out for them. And if incoming communications were any indicator, companies, employees, contractors, suppliers and their families, whether Indigenous or non-Indigenous, largely felt the same way. That explains why the Alberta government submitted the complaint back in 2021, stating C-69 attacked Alberta’s vital economic interests and would have a negative impact on future projects. That argument made its way through the Alberta judicial system and was ultimately accepted by the Supreme Court of Canada on October 13. In some ways, the top court’s ruling is the end of a long road. More important, the Court’s ruling affirms much of what our organization, and many others who seek a balance of environmental, social and economic values, were hoping for during more than half a decade of discussing C-69.

rights standards while activist groups that want to shut in Canadian energy virtually never protest foreign oil tankers on our shores. We felt strongly that foreign countries were getting a free pass from activists who attack our industry daily further contributed to that narrative. Further, we felt it was important to support Canadian jobs and attract more investment to Canada, rather than making things more difficult. Our feeling and that of our allies who support the energy and natural resources sectors was that the mandatory consultation and review process was already immense. The Trans Mountain Pipeline Expansion Project, for example, took three years simply to gain approval and C-69 would further cripple the sector. The IAA would hinder not just the Canadian oil and gas industry on which our tax base depends, but any company or worker across Canada that supplies goods and services to the sector. This issue has been a lingering controversy among energywatchers, miners, pipe liners and others – and for good reason. Let’s hope as we move forward, we’re able to engage in balanced, informed conversations that foster a renewed ability to design, permit, build and maintain infrastructure that’s vital, safe and the envy of the world.

One of our main objections with the Bill and its resulting Act was that our country spends billions annually to import oil from countries that don’t share our environmental or human Cody Battershill is a Calgary realtor and founder / spokesperson for CanadaAction. ca, a volunteer-initiated group that supports Canadian energy development and the environmental, social and economic benefits that come with it.

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Rotary Club of Calgary at Stampede Park Contributes over $850,000 to Calgary Charities The Rotary Club of Calgary at Stampede Park (RCCSP) is pleased to share it will provide funding totaling a record $854,098 to over 50 worthy Calgary and area charities this year. These funds were raised through ticket sales to the 2023 Rotary Dream Home and Stampede Millions 50/50 organized by the Calgary Stampede Lotteries during the 2023 Calgary Stampede. “Rotarians, family and friends volunteered more than 3,000 hours selling tickets during the 2023 Calgary Stampede,” says Kevin MacLeod, chair of the Rotary Dream Home Committee. “While it’s a very busy time, it’s also fun with our passionate goal of maximizing ticket sales. The more tickets sold, the greater the financial contributions our Rotary Club can provide to people in need. We are extremely proud to announce that 2023 was a record year of fundraising.” “This year’s Stampede Lotteries campaign was ‘You are the Greatest,’ and the team effort by the Lottery Committee and the hard-working Rotarians has proven that through the successful culmination of this year’s record sales,” says Richard Agnew, chair of the Stampede Lotteries Committee. “The Rotary Club of Calgary at Stampede Park has been an integral part of the Stampede Lotteries for over 40 years, and we are proud to continue that partnership with Rotary in supporting the many charities in and around Calgary. It’s yet another example of ‘Greatest Together.’” The RCCSP, in partnership with the Calgary Stampede, Homes by Avi and many committed annual sponsors, has

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sold tickets for the Rotary Dream Home since 1977 and the Stampede Millions 50/50 since 2016. The Club of 130 Rotarians has raised and distributed millions of dollars in the last 46 years. Rotary is a service organization of over 1.4 million Rotarians in over 46,000 clubs worldwide. With its motto of “Service Above Self,” Rotarians volunteer year-round to support local and international worthy organizations and charities. The RCCSP was chartered in 1955 and currently has 130 members. Weekly luncheon meetings are held on Thursdays at Rotary House on Stampede Park. In June 2025, Calgary will proudly host the Rotary International Convention, welcoming an estimated 30,000 visitors worldwide. For additional information, contact: Kevin Macleod, Chair Rotary Dream Home, Rotary Club of Calgary at Stampede Park: 403.617.2274 kmacleod@LOMwealth.com Visit www.rotary.org for general information on Rotary worldwide. Christine Thompson, Corporate Communications Manager, Calgary Stampede: 403.261.9186 CThompson@calgarystampede.com Visit www.rotarycs.org for information on the Rotary Club of Calgary at Stampede Park.

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FROM STRESS TO SUCCESS // CORPORATE HEALTH

FROM STRESS TO SUCCESS FOSTERING A CULTURE OF WELL-BEING IN THE WORKPLACE

BY ERLYNN GOCOCO

algary’s corporate community continues to be a dynamic and fast-paced environment. As such, an emphasis on employee well-being has become a top priority for companies. Recognizing the profound connection between mental, physical and emotional health, they are seeking innovative ways to foster a culture of health, wellness and rejuvenation. Supporting employee wellness is key to creating a thriving and productive workforce. One such company that is investing time, energy and money into employee wellness is Enbridge. The energy company provides a compelling example of how companies can proactively promote the holistic well-being of their employees. Through a multifaceted approach that encompasses mental health initiatives, well-being rewards and leadership support, Enbridge strives to create an environment where employees flourish both personally and professionally. Enbridge senior vice president and chief human resources and inclusion officer Melissa Moye says, “Our employees are

JANUARY 2024 // BUSINESS IN CALGARY // BUSINESSINCALGARY.COM

encouraged to maintain their physical, mental, social and financial well-being to help support their success at home, work and in the community. As the mental health co-chairs, Matthew Akman, Enbridge executive vice president, and I help raise awareness and reduce stigma related to mental illness and encourage ongoing conversations about mental health and total well-being.” Online campaigns such as #Askedforhelp, Employee Resource Group events, and Managers Well-being Webinars, provide platforms for Enbridge employees to share their stories and encourage open conversations about mental health. “We also provide employees up to $350 annually in wellness rewards for participating in activities that boost self-awareness of health risks, highlight support resources, address wellbeing barriers or drive positive behaviour change. Employees can choose activities that are aligned with their personal well-being goals whether it’s improved nutrition, reducing stress, building social networks or addressing their financial

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FROM STRESS TO SUCCESS // CORPORATE HEALTH

priorities. Quarterly campaigns promote rewards and the resources available while encouraging employees to make their well-being a priority,” says Moye. To successfully promote mindfulness, Moye suggests that companies embed well-being into their culture and daily practices. Enbridge achieves this through a combination of employee feedback, leadership support, and the integration of well-being goals and check-ins into the work environment. “For example,” says Moye, “employee feedback was used to help develop our new online mental health training, and leadership teams encouraged participation. To date, the more than 6,500 employees who completed the survey have earned rewards and report being better prepared to take care of their own mental health and support others. Well-being goals, for individuals and teams, and well-being check-ins, on ourselves and others, are two other ways we help encourage employees to be mindful of their own health and support a healthy workplace culture.” Many companies are now bolstering their employee health benefits and introducing employee and family assistance programs to provide greater mental health support. According to the Canadian Mental Health Association, in any given year, one-in-five people will experience a mental health problem or illness. Calgary-based therapist and owner of Honeycomb Therapy Cailey Clark says, “Mental health and physical health are inextricably linked; when we aren’t taking care of one, the other suffers as well. When we aren’t taking care of our mental health, it can result in physical health problems, such as chest pain, exhaustion, brain fog, nausea, etc., and these physical symptoms can have a huge impact on our job performance.”

TO SUCCESSFULLY PROMOTE MINDFULNESS, MOYE SUGGESTS THAT COMPANIES EMBED WELLBEING INTO THEIR CULTURE AND DAILY PRACTICES. companies want employees to take care of their mental health and wellness, providing psychotherapy benefits as part of their benefits package can make a big difference. Although internal company activities that promote mindfulness can be good places to begin the conversation about mental health, they do not replace individual therapy.”

She adds, “When people pursue therapy for workplace issues, they commonly come to address feelings of anxiety or stress. When they ignore the anxiety and stress to just ‘push through,’ this can quickly lead to burnout, which impacts all aspects of life (job, home, relationships, etc.), and it can take much longer to get out of a state of burnout than to get into it.”

Though Clark believes individual therapy is critical for many individuals and can have a profound impact on one’s wellness journey, she acknowledges that company wellness programs and initiatives are essential and play an important role in employee health, wellness and rejuvenation. “A company culture that encourages internal growth and reflection is promoting mindfulness, which comes from understanding oneself, one’s values and believing that they deserve peace, love and all the beautiful things in life.”

From a therapist perspective, one of the main reasons many people do not prioritize their mental health, according to Clark, is due to a lack of inclusive psychotherapy benefits. “If

Clark recommends that managers and supervisors encourage employees to use their paid time off to rest, for example, and to be understanding and empathetic towards those who are

ABOVE: MELISSA MOYE, SENIOR VP AND CHIEF HUMAN RESOURCES AND INCLUSION OFFICER, ENBRIDGE INC.

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FROM STRESS TO SUCCESS // CORPORATE HEALTH

struggling with relationship issues, family stress, burnout and any other external issues that will inevitably impact their job performance. “Generally, the best thing companies can do to promote individual health and wellness is create a corporate culture that respects and acknowledges people’s lives outside of work. If people have healthy work boundaries, sufficient compensation, fair benefits and realistic job requirements, then this will give them the space to make their own healthy choices and not have to compromise their health for work.” Eleanor Culver, president of Real HR Inc., agrees with Clark and acknowledges the sometimes-blurred boundaries between work and personal lives. She also echoes Clark’s comments on the value of companies recognizing the importance of supporting employees’ mental and physical health. “Gone are the days when people could keep their work and personal lives separate. Boundaries between work and personal lives are fuzzier than ever. So, how does a company encourage practices that support employees’ mental and physical health without overstepping? This is potentially a minefield of privacy and human rights, but the effort is worth it. Companies intuitively understand that happy, healthy employees are good for business. Employees who are physically and mentally healthy are more productive than those struggling with health issues,” says Culver. She applauds companies who adopt a less-is-more approach, citing successful trials of four-day workweeks in various countries. As well, recognizing the struggles employees face and providing practical support, such as bite-sized wellness training, access to wellness apps, Employee Assistance Programs (EAPs), and reevaluating policies such as “unlimited” paid time off all contribute to a healthy workplace environment. It also demonstrates a company’s commitment to employee well-being. Culver points out that physical wellness is just as important as mental wellness – they go together. “Companies should also embrace some physicality at work; convert a large boardroom into a yoga studio, start a weekly group

“GENERALLY, THE BEST THING COMPANIES CAN DO TO PROMOTE INDIVIDUAL HEALTH AND WELLNESS IS CREATE A CORPORATE CULTURE THAT RESPECTS AND ACKNOWLEDGES PEOPLE’S LIVES OUTSIDE OF WORK,” SAYS CLARK. meditation class, host tai chi classes – get creative. Model the behaviours you wish to see your employees adopt at work. At the end of the day, if they see you continuing to burn the midnight oil, not only will they ignore your requests, but your credibility will take a hit, employees will quiet-quit, or you’ll be dealing with presenteeism (here, but not working), all costly for the company.” As corporate Calgary continues to grow and evolve, ensuring and supporting employee health, wellness and rejuvenation becomes increasingly more significant. Companies like Enbridge set a powerful example, demonstrating the tangible benefits of comprehensive well-being initiatives. By fostering a culture that values mindfulness, supports healthy choices and acknowledges the interconnected nature of mental, physical and emotional health, companies can create environments where employees thrive, leading to increased productivity, creativity and overall business success in the long run.

ABOVE: CAILEY CLARK, THERAPIST AND OWNER, HONEYCOMB THERAPY.

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REJIGGING WEALTH MANAGEMENT // WEALTH MANAGEMENT

REJIGGING WEALTH MANAGEMENT

INFLATION, TECHNOLOGY AND POST-RETIREMENT CAREERS

BY JOHN HARDY

hile stable, solid, secure and diversified are still core givens in the highwire strategizing of wealth management, there are some changes happening.

Recent factors like the economy, inflation, financial flux, personal priorities and lifestyle trends like post-retirement careers are rejigging wealth management perspectives, approaches, as well as needs and expectations. Experts caution that it can get daunting and confusing. Canadian investors are facing ongoing complexities in the global market, making investment decisions more challenging, while Canadian investors face growing complexity across formerly traditional wealth management priorities. According to the 2023 EY Global Wealth Research Report about current Canadian wealth management trending, almost half of Canadians feel their investing needs have become more complicated over the last number of years. The finding is amplified among younger demographics, specifically Millennials, and those who already feel financially unprepared to meet their goals.

“BUT ONE FACT IS CONSISTENT AND FOR SURE. MOST CANADIANS STILL PREFER IN-PERSON INTERACTIONS FOR A RANGE OF SERVICES,” NOTES INGLIS.

Retirement planning stands out, with 18 per cent more Canadians than their global peers saying the process has increased in complexity since 2021. As a result, today’s wealth management clients are shaking up traditional strategies.

and are diversifying their assets across multiple providers and a broader array of products,” notes Dave Inglis, EY Canada associate partner, Wealth & Asset Management. “But one fact is consistent and for sure. Most Canadians still prefer in-person interactions for a range of services.”

The Report also cites that 45 per cent of Canadians are planning to switch or add new providers to uncover additional sources of value. “They are reversing a trend of consolidation that we’ve seen for the past number of years

Calgary wealth advisors underscore the effects of spiked inflation, the transformational impact of technology, aging, longevity and the growing trend of post-retirement work. Some things never change. Despite sophisticated technology, ABOVE: DAVE INGLIS, EY CANADA ASSOCIATE PARTNER, WEALTH & ASSET MANAGEMENT.

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REJIGGING WEALTH MANAGEMENT // WEALTH MANAGEMENT

wealth management continues to rely on the critical professional and personal touch. “Wealth management is becoming much more accessible to the mass market than it was before, and there is a lot of easy-to-access information out there,” notes Brett Phare, market lead and senior private wealth specialist with CWB Financial Group, the Alberta-based bank made up of 10 banking, lending, wealth and trust companies and serving clients both in Western Canada and in other provinces. “Clients still want in-person, high-touch experiences and relationships. The harder the economic environment, the more clients will gravitate towards the advisor model. When markets go up, everyone can make money, because a rising tide lifts all boats. When the markets are down, that’s where the good wealth management firms and advisors shine. It’s easy to text, call, email, but going into turbulent times, clients will need the extra reassurance of being able to physically see and interact with their advisors.” He adds that, although clients do show a willingness to engage in more virtual collaborations, more than half of Canadians would rather carry out account openings in person or through digital collaboration like video chat. They also prefer in-person discussions for agenda items including investment management, managing portfolios, or receiving advice on products, market trends and ongoing account management like general account updates and changes.” Life expectancy and longevity are positive but unchangeable facts of life. They also significantly affect wealth management trends and decisions. Currently, about one-third of the population (about 12.7 million people) is between their mid-30s and late-50s – the prime working years. And the stats are undisputable. Canadians are living longer. Approximately 425,000 Canadians reach the traditional retirement age (65) every year. For the first time, seniors now outnumber children in Canada. There are nearly seven million Canadians 65 and over, compared to six million Canadians 14 and under. The forecast that, by 2031, more than 25 per cent of Canadians will be over the age of 65, is a particularly relevant factor for effective wealth management in 2024.

JANUARY 2024 // BUSINESS IN CALGARY // BUSINESSINCALGARY.COM

The trends are unmistakable. The perception about retirement is evolving. More and more people are viewing retirement not as a complete exit from workforce, but as a transition to different type of work, influencing how people approach wealth management and emphasizing flexibility and adaptability. Savvy financial advisors point out that the trend of delayed retirement or working post-retirement can shape individual’s attitudes towards wealth management, by influencing risk tolerance, investment choices and overall financial planning strategies. “The uncertainty of the economy and heightened inflation has encouraged more people to engage in some type of work after they formally retire,” explains Stephanie Mann, AVP and private wealth specialist with CWB. “Extended careers like consulting, directorship or part-time work and other opportunities, with no planned end dates. “As a result, people are looking for diverse investment strategies to secure their financial future in times of economic uncertainty as well as prolonged careers. We notice clients maintaining a more growth-oriented investment portfolio for longer than ever before. And since income is usually not a priority in the early years of retirement, planning a growth-oriented portfolio is often appropriate.” Wealth management professionals emphasize the impact of inflation on wealth management planning. “It is an absolute must. Longevity must factor-in the important speedbump of inflation. When inflation rises, the value of money decreases,” she says. Because Canada is now facing the impact of the highest rate of inflation in over 40 years, and since inflation is acknowledged as one of the biggest risks to retirement savings, Mann urges extra caution when deciding on an experienced and qualified wealth manager to protect and grow portfolios through proper diversification and asset allocation. “Inflation has always been something we factor in when building our clients’ wealth strategies,” CWB’s Brett Phare points out. “Inflation is causing people to become more actively involved in their financial planning. They want to be aware of what their wealth strategy is and how it is going to

// WEALTH MANAGEMENT

outpace inflation, because inflation is eroding savings. It is draining resources. Added to the wealth management impacts of inflation, as well as longevity and post-retirement work, today’s investors, analysts and advisors are unanimous. Technology continues to be transformational for the art and science of wealth management. Investor appetite for virtual advisor interactions has exploded, particularly since the start of the pandemic. The EY Report tracks that, in 2021, only 12 per cent of investors identified virtual consultations as their preferred advice channel. This figure now stands at over 40 per cent, rivaling in-person for the most preferred channel for planning and advice activities. According to the Report, a large proportion of Canadian investors now expect to work with multiple providers by 2025, to support better performance and diversification. In fact, the EY numbers project that 40 per cent of investors are willing to increase or maintain their use of digital service providers – specifically FinTechs and digital asset offerings – in the next three years, to unlock the value they are looking for.

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Many money experts suggest that 2024 is the year of new dynamics for wealth management. Dave Inglis emphasizes, “Effective wealth management is a process that requires continuous evaluation, adjustment and alignment with an individual’s evolving financial circumstances and goals. He highlights some key elements, including clear goals and objectives, holistic planning (looking beyond investments and considering all aspects of financial well-being like budgeting, saving, taxes, insurance, estate planning and risk management), professional guidance, diversification and discipline. The economy, inflation and technology combined with the trend of delayed retirements and post-retirement work are changing attitudes about wealth management. It is also triggering professional consensus that, from economic conditions to societal shifts, wealth management strategies need to be flexible, adaptive and comprehensive to address new multifaceted challenges and opportunities.

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SOARING ABOVE EXPECTATIONS // THE ALBERTA INTERNATIONAL AIRSHOW

Soaring ABOVE EXPECTATIONS

The Alberta International Airshow flies Alberta into the future

BY NERISSA MCNAUGHTON

he annual Alberta International Airshow is an exciting event for all ages, but its mission and vision go far beyond the thrill of the aircraft and aerial displays. The show and its producers aim to change and challenge the province through the many – many – benefits of aerospace and aviation. Richard Skermer, president & CEO of the Alberta International Airshow, describes why these industries are such a natural fit for the province. “Alberta has always been instrumental in aerospace and aviation, and this is what helped us open the North. Since we are the northernmost city in North America, we are the shortest point to a lot of places on the globe. Alberta is a natural gathering place with trade routes and that has potential for jobs in every industry.” The Alberta International Airshow is more than just an event; it’s a non-profit show that promotes the aviation industry and commemorates the area’s deep-rooted history of flight. The festival also pays tribute to the military and highlights the exhilarating world of airplanes while offering a variety of exciting outdoor activities for the whole family. It’s an integral part of the VilleAero Aerospace and Logistics Conference, highlighting the pivotal role of logistics and transportation sectors in the north Central Alberta region and neighboring sectors.

The Airshow brings together history and excitement, as northern Alberta has a rich aviation past, having attracted skilled pilots, like Wilfrid “Wop” May, and serving as a strategic location during the Cold War. But the airshow isn’t just about what’s in the sky. On the ground, there are interactive displays featuring both civilian and military aircraft, providing a hands-on experience for all. Those interested in the aviation industry will benefit from the STEAM Career Fair, where information about opportunities in aviation, engineering, drone and maintenance professions will be shared. Skermer says, “What people don’t think about is that 90 per cent of aviation happens on the ground. It takes a full economy to make a plane. The plane is just the final piece. For example, look at the Calgary Stampede. That event attracts millions of people, but it is what happens in the background – accommodations, dining, people shopping in the city, taking transit – that drives investment. We are trying to do the same thing with aerospace. The Airshow is building an entrepreneurial and job creation culture around aerospace in order to showcase Edmonton’s products on the world stage.” To this end, the Airshow ensures its participation in VilleAero, an aerospace and logistics exposition held in Edmonton. Patterned after key international trade expositions, VilleAero is Canada’s answer to international investment attraction, local festival excitement, tourism

ABOVE: YELLOW THUNDER FLYING OVER THE NAV CANADA TOWER. PHOTO SOURCE: THE ALBERTA INTERNATIONAL AIRSHOW

JANUARY 2024 // BUSINESS IN CALGARY // BUSINESSINCALGARY.COM

and job diversification. A warm up conference will be held in Edmonton from February 28 March 1. This year’s Airshow takes place on August 17 and 18, and the show is projected to sell out – again. “We’ll be expanding on the career fair theme,” Skermer says of what to expect, “We are really looking forward to working with the Royal Canadian Air Force plus other military and recruitment arms to show what careers are available. It’s not just military. Aviation also includes logistics and workers that move equipment and materials.”

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Alberta is well known for its energy industry. The Airshow aims to show both locals and those beyond the province’s borders that Alberta’s potential encompasses so much more; and within that expanse are rampant opportunities for an incredibly diverse range of individuals. “Inclusion is at the heart of this initiative. Aerospace welcomes all, irrespective of physical abilities or backgrounds,” Skermer says. This inclusive spirit is recognized out of personal experience. Skermer, an amputee himself, knows all too well how a disability can limit job opportunities. His aim is to ensure that those with disabilities know they have a place in this industry. “Aerospace doesn’t target specific demographics. Instead, it opens doors for everyone, fostering an

BUSINESSINCALGARY.COM // BUSINESS IN CALGARY // JANUARY 2024

SOARING ABOVE EXPECTATIONS // THE ALBERTA INTERNATIONAL AIRSHOW

environment of equality and opportunity. Whether you identify as indigenous, POC, LGBTQIA2S+ or disabled, there are jobs and opportunities waiting for you in aviation such as welding, engineering, and more. The only prerequisites? Aptitude, drive and desire.” Few know that Edmonton is home to numerous manufacturing companies that contribute to the global aviation industry. These include bolt manufacturers who supply integral parts for giants like Airbus and Boeing. These manufacturers are just some of the many vendors that contribute to the construction of aircraft like the Boeing 747, which involves around 4,000 to 5,000 vendors. These vendors range from those manufacturing large components to those producing the smallest nuts and bolts. Every single piece matters in the grand scheme of things. “Consider this,” smiles Skermer, “each vendor can employ up to thousands of employees. This creates a massive ripple effect in job creation. For instance, if a company is contracted to wire a power plant for an aircraft, they would need engineers, electricians, project managers, quality control specialists and many more personnel. This is how jobs spiral out from a single contract or project. So, when you see a plane soaring high in the sky, remember that it’s not just a feat of engineering. It’s also a testament to the hard work of countless individuals, from those in the cockpit to those on the manufacturing floor. The Alberta International Airshow is a celebration of this incredible ecosystem of opportunities, where every nut, bolt and person plays a crucial role.” “With plentiful precious metals and other resources, Canada is an untapped powerhouse that needs to shift its focus from east to west. The aim is to do something big and bold, bringing Alberta and the North along for the ride,” he continues. “When it comes to career opportunities, almost any profession can find a niche in the aviation industry. Pilots may be the face of aviation, but they represent just 10 per cent of the industry. There’s so much more beneath the surface, waiting to be explored. “In Alberta, we’re driven not by fear, but by concern. The talk of economic diversification is everywhere, yet action is scarce. The Alberta Advantage is still very much alive. Once synonymous with energy, it now encompasses plant-based products and recyclables.

Yet, the real advantage lies in our fluid geography and young demographic – the youngest in North America outside of Texas. Our workforce is young, well educated and energized by great institutions. It’s their drive and excitement that fuel our progress and our future. “This is why we’re striving to be more than just an airshow. The Alberta International Airshow is a platform for growth, for business and for showcasing the potential of urban and rural Alberta beyond the boom or bust cycle of oil. To remain Canada’s heartbeat, we must attract the right people and jobs or risk becoming a ghost town.” He sees the goals, mission and purpose of the Airshow as a catalyst to help shift Alberta’s reputation from that of an energy-based blue collar to one of a thriving region bursting with ideas, energy, entrepreneurs and opportunities for all. “Often, Canada’s metropolitan cities look outwards, viewing the hinterlands as mere service providers,” Skermer says. “It is TOP: ROYAL CANADIAN AIRFORCE FLIGHT SIMULATOR AT THE VILLEAERO AEROSPACE & STEAM CAREER EXPO. MIDDLE: THE CROWD GATHERED TO WATCH THE 2023 ALBERTA INTERNATIONAL AIRSHOW. BOTTOM: CANADIAN ARMED FORCES PARACHUTE TEAM, THE SKYHAWKS PARACHUTING WITH THE ALBERTA FLAG. PHOTO SOURCE: THE ALBERTA INTERNATIONAL AIRSHOW

JANUARY 2024 // BUSINESS IN CALGARY // BUSINESSINCALGARY.COM

Unlock your Brand’s Potential this type of thinking that leads to political strife and policies like the National Energy Program. Alberta has a smart, robust population that is truly driving a lot of Canada’s success. The biggest challenge facing the aviation industry in Alberta is that perception of isolation. There’s no such thing as a risk-free investment, but we can mitigate a lot of those risks. We need capital to flow freely, and for that, we must dispel the notion of Alberta existing in isolation. This is crucial not just for aviation and aerospace, but every other sector. We aim to break this ‘Canadian; issue!” In August, the planes will soar. Crowds will marvel at the World War aircraft as much as they enjoy seeing the newest in aviation tech. Youth will learn about the many different careers available in aerospace. Leaders from Boeing will be on site giving keynote speeches. Alberta itself will be on display, showcasing a thriving, educated, motivated population poised to take aerospace into the stratosphere as Alberta’s next, big industry. “We invite you to sponsor us. Help us make this a global affair. Attend. Show up. Display your job and show potential employees your inclusivity. Showcase your apprenticeships. Let’s display the power of unity and the exciting developments happening in Western Canada,” Skermer concludes. Learn more at albertainternationalairshow.com.

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ALWAYS UP FOR THE CHALLENGE // COVER

ALWAYS UP FOR THE CHALLENGE DAVID WALLACH, OWNER OF BARCLAY STREET REAL ESTATE, ON THE BATTLES HE’S FOUGHT AND WON

BY MELANIE DARBYSHIRE

avid Wallach and his young family immigrated to Canada in 1999 in search of a better future. A successful businessman in his native Israel, Wallach and his wife sought a more peaceful life for their three kids, one where the realities of war are seen on TV, not in one’s backyard. After thorough research, Calgary was their chosen destination. “All indicators at that time were that Calgary would be the next boom,” Wallach recounts. “And the indicators were right. I came to Calgary for 10 days in September 1997 and I called my wife from a payphone and said: ‘Honey, this is the place we want to be. They act like a small village, but it’s a growing city, and that’s the opportunity.’” Twenty-five years later, Wallach is the owner/broker of Barclay Street Real Estate, a successful full-service commercial real estate brokerage and property management firm. He also sits on the board of TCN Worldwide, a consortium of award-winning, privately-owned commercial real estate firms from across the globe. In addition, he co-hosts a weekly business radio talk show with Tara McCool and has co-chaired the Calgary Economic Development Real Estate Advisory Committee. Attaining this success has been a journey; as a locally owned business operating in a global marketplace, Wallach has had to battle for every deal, opportunity and milestone he and Barclay Street have achieved. Equipped with the tact and strategy learned from weekly boxing sessions (Wallach is an avid boxer), he is a fierce business competitor who knows better than to back down from a fight.

RIGHT: DAVID WALLACH, OWNER OF BARCLAY STREET REAL ESTATE. PHOTO SOURCE: RIVERWOOD PHOTOGRAPHY

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ALWAYS UP FOR THE CHALLENGE // COVER

BUSINESSINCALGARY.COM // BUSINESS IN CALGARY // JANUARY 2024

ALWAYS UP FOR THE CHALLENGE // COVER

Equally passionate about community-building, Wallach is a dedicated volunteer and family man. “These days, Barclay Street is doing okay overall,” he reflects. “We’re part of the local economy and the greater economy as well, so the ups and downs impact us. We survived COVID, and now we’re dealing with the new reality of higher interest rates – which was the reality before 2008. We took advantage of 14 years of low interest rates, but we understand how to work with rates at four, five and six per cent too.” Barclay Street, which celebrated its 50th anniversary in business this year, has 51 employees including brokers and property managers, with offices in Calgary and Edmonton. “Some are doing better than others because not all market segments are at the same time at their peak,” he explains. “In short, we can’t complain. We’re still here, we’re still kicking, determined to make a positive impact. We’re trying to get more involved in the community. There’s always room for a strong, locally owned brokerage in a trading area that is just over a million and a half people.” Barclay Street Real Estate offers a full suite of leasing and sales services for all commercial real estate needs, including retail, investment, industrial and office as well as a fullservice property management division. Born and raised in Haifa, Israel, Wallach, like every other Israeli, joined the army after graduation from high school. “I did three and a half years of mandatory, full service,” he says. “During that service I met my future wife, Zohar. That was 43 years ago.” After completing their service, the couple went to live in the kibbutz where Zohar had been born and raised. They eventually moved back to Haifa and young Wallach attended university – for three days. “I asked my dad: ‘how much do I owe you?’” he laughs. “Then I went into sales. That was October 1985. The rest is history.” Wallach started his own insurance brokerage and invested in other ventures, some more successful than others. He was also the GM of a professional basketball team called Maccabi Haifa: “I was the GM and a member of the Israeli Basketball Association management for a few years.” TOP: BARCLAY STREET STAFF ATTENDING THE FIELD OF CROSSES IN REMEMBRANCE OF FALLEN SOLDIERS FOR REMEMBRANCE DAY 2022. MIDDLE/BOTTOM: BARCLAY STREET STAFF POSING FOR A PHOTO AT BARCLAY STREET’S 50TH ANNIVERSARY EVENT IN SEPTEMBER.

JANUARY 2024 // BUSINESS IN CALGARY // BUSINESSINCALGARY.COM

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ALWAYS UP FOR THE CHALLENGE // COVER

Having experienced war first-hand – five times now, including last October as Wallach and his wife were in Tel Aviv when Hamas terrorists attacked, murdered and took hostage Israeli civilians – Wallach and his wife made a difficult decision for the sake of their kids. “We decided we would rather watch CNN than be on CNN,” he admits. “It’s a tough life over there, both economically and mentally with all the wars. I’ve experienced rockets overhead. I know what I need to do. And then you just pray. You can never get used to it, but you just pray.” When the family landed in Calgary on December 28, 1998, it was minus 18 degrees; they had departed a balmy 25 degree Tel Aviv. “I told my wife if she wants to get a little bit warmer, the freezer in the fridge is only minus seven!” he chuckles. A year later, on Valentine’s Day 2000, Wallach joined Torode Real Estate, and thus began his career in Canadian commercial real estate. When founder John Torode decided to sell a year later, Wallach was invited to join a group of senior brokers to buy the business. “They invited me because I had experience running a business before.”

By January 2003 Wallach had become president and broker. “After we bought John out, we decided to refresh the company brand,” Wallach reminisces. “Eventually, one of the partners suggested Barclay Street since we were located on Barclay Street [3rd Street downtown]. And of course our landlord was very happy with that. He told me in a meeting: ‘You’re not moving anywhere now; you’re stuck.’ He still owns the building and he’s still our landlord!” Given the unpredictable nature of the brokerage’s revenue – where commissions can vary widely month to month – Wallach saw the need for a steady stream of income. Thus, a property management business with stable monthly income was sought in 2006. Wallach zeroed in on an existing successful company, Anchor Management, whose owner, Dan Johnson, was planning to retire. “He called me and said he’d spoken with many buyers, but I was the only one who treated him nicely,” Wallach recounts. “I said thank you and we had a deal within two hours.” When purchased by Barclay Street, Anchor had 300,000 square feet under management. Today, it has over 5.25 million ABOVE: DAVID WALLACH, PERFECTING HIS BOXING TECHNIQUE WITH OWNER OF DYNAMITE BOXING CLUB, SHANE THOMPSON. PHOTO SOURCE: RIVERWOOD PHOTOGRAPHY

JANUARY 2024 // BUSINESS IN CALGARY // BUSINESSINCALGARY.COM

ALWAYS UP FOR THE CHALLENGE // COVER

square feet, including commercial properties, residential and commercial condominium associations. “We found that niche – condos – to be very good for us,” Wallach notes. To broaden the brokerage’s global reach, Barclay Street joined TCN Worldwide, a global alliance of commercial real estate firms in 2011. “Over 90 per cent of the deals in commercial real estate are local deals,” Wallach reiterates, “but if you want to play the game like others – the big international and national brokers – you have to demonstrate a reach outside of Alberta. So TCN actually helps us gain more business in our own backyard. We’ve had some good referrals between markets in the U.S. and vice versa, but that’s just the cherry on top.” Calgary is set to host TCN’s annual conference in September 2024. “We can showcase our city,” Wallach notes. In 2014, Wallach and a partner launched Triumph Real Estate Investment Fund, a private REIT. It has purchased and sold properties in both the U.S. and Canada, and currently holds a total of nine properties. “We are now in the process of raising funds to buy more properties,” Wallach explains. “We see opportunities now with the change of interest rates. Some people cannot refinance or have some issues with their properties, and we are the perfect buyers.” Currently Triumph’s assets under management are around $100 million. As a middle-of-the-pack brokerage, Barclay Street is growing its market share: “Some of the setbacks Calgary and Canada have suffered through, like COVID or now the rise in interest rates, being local empowers us to work harder, and that allowed us to grow our market share.” He also relies on internal sales initiatives to encourage sales. “It’s about sharing,” he explains. “Sharing with everybody who is part of the success. My philosophy is that it’s our people’s success that creates Barclay Street and my success, not the other way around. You have to work for your success, and it will help us expand our brand.” “I did 22 years of service in the Army and one of the things I believe and live by is leading by example,” he continues. “Don’t ask anyone to do what you’re not willing to. The other thing I encourage our people to do is to make decisions. If you’re wrong, let’s fix it. But it’s ok to be wrong. Make

decisions. Finally, I always say we live on our service and relationships. So, walk the extra mile because there are no traffic jams there.” One example Wallach provides is to give back to the community. His weekly business talk show – Calgary Next - Diversifying and Leadership in the New Economy – is focused on positive stories about great Calgary businesses. He is the chair of the Calgary Chapter of Beit Halochem Canada, an organization that supports wounded Israeli soldiers, a charity he and his wife donate much to. Barclay Street supports and has supported Inn from the Cold, Not in My City, the Field of Crosses, and the Tomb of the Unknown Soldier in Ottawa. “This year during Stampede we also supported Army Family Services,” Wallach says. “Being a soldier is close to my heart. Canadian soldiers to me are the same as Israeli soldiers. Every soldier that gets wounded or killed because they protect democracy is near and dear to me.” With his three children now grown and with children of their own (he and Zohar have three grandkids), Wallach spends his free time reading and travelling with his wife. His love of Calgary is strong, and he hopes to see this city’s culture further develop. “I hope that with the new events centre, the expansion of Arts Commons and the new BMO centre, we bring more after hour activities for young people,” he says. “Whether it’s Flames hockey, a good concert, a great play – we have to get more and more culture to the city.” Businessman; soldier; family man; community defender. Wallach’s success in each of his roles is rooted in a foundation of strength, resilience, courage and grit. Never down for the count, he will stay in the good fight for as long as it takes.

ABOVE: DAVID WALLACH TOURING A SPACE WITH BUILDING OPERATOR TONY ONUFREYCHUK AND OFFICE LEASING ASSOCIATE, MURRAY ION. PHOTO SOURCE: RIVERWOOD PHOTOGRAPHY

BUSINESSINCALGARY.COM // BUSINESS IN CALGARY // JANUARY 2024

UNLEASHING POTENTIAL // PRIVATE AND ALTERNATIVE SCHOOLS

UNLEASHING POTENTIAL: Why Supporting Alberta’s Independent Schools is a Win for Education

JANUARY 2024 // BUSINESS IN CALGARY // BUSINESSINCALGARY.COM

UNLEASHING POTENTIAL // PRIVATE AND ALTERNATIVE SCHOOLS

mbark on a journey through Alberta’s educational landscape, and you’ll discover a vibrant tapestry of innovation, diversity and excellence woven by independent schools. These educational sanctuaries, integral to the province’s history since confederation, have evolved into dynamic learning hubs, each with a unique focus ranging from special learning needs to avant-garde educational approaches like Montessori or Waldorf. Over 48,000 students in Alberta are currently reaping the benefits of independent education, funded in part by the government but largely sustained by tuition fees and grassroots fundraising initiatives. This partial funding by taxpayers assists in making independent schools accessible to a broad range of parents. Research indicates that the average household income of families attending over 80 per cent of independent schools is at or below the provincial average income. The top reasons parents choose independent schools include the supportive and nurturing environment that instills confidence and character in students, the school’s ability to teach critical thinking and the provision of a safe learning environment. Accountability is the linchpin of independent schools. All funded independent schools are operated as not-forprofit societies under the Societies Act or as not-for-profit corporations under the Companies Act. Annual audits, which are provided annually to the government, ensure public funds are wisely allocated, and accreditation hinges on adherence to approved programs and the employment of certified teachers. Regular on-site monitoring by Alberta Education and education results reports submitted annually to the government further fortify the accountability framework, ensuring that these schools deliver on their promises. Crucially, independent schools are not only accountable to authorities but also to parents. As schools of choice, their existence thrives on meeting the unique needs of their students. This emphasis on alignment fosters a symbiotic relationship between schools and parents, creating a collaborative and engaged community.

The true value of independent schools shines even brighter in the face of adversity, as demonstrated during the challenges posed by the COVID-19 pandemic. Their nimble transition to remote learning showcased a close connection between home and school, enabling a tailored approach to meet the specific needs of students during uncertain times. Interestingly, in the vast educational landscape, independent schools emerge as beacons of innovation and excellence, prioritizing the unique needs of students and families. Operating independently of the public school system empowers them to craft unique curricula, methodologies and admissions criteria. Beyond the classroom, independent schools offer a holistic educational experience. Strong community and parent involvement enhance students’ experiences by fostering collaboration between educators and families. Opportunities for leadership and personal development, coupled with a commitment to diversity and inclusivity, contribute to the comprehensive education provided by independent schools. In conclusion, independent schools in Alberta are pivotal in shaping the educational landscape. They provide an alternative that empowers students with educational freedom, unique teaching methods, often smaller class sizes, and a focus on individual needs. These schools not only foster academic excellence but also provide a supportive and nurturing environment for students to thrive. Support for independent schools is an investment in a diverse, innovative and accountable educational future for Alberta.

200, 10458 Mayfield Road NW, Edmonton, AB T5P 4P4 780-469-9868 • www.aisca.ab.ca

BUSINESSINCALGARY.COM // BUSINESS IN CALGARY // JANUARY 2024

STAND

THRIVE

We believe that school should fit you, not the other way around. You might be busy pursuing opportunities in music, acting, dance, or sports. Maybe you have a chance to start your career while you finish school. Or maybe a traditional classroom just isn’t the best place for you to learn. We say YES to all of this… AND offer a chance to have it all plus a world class education through STAND, a collegiate school by STS.

We say YES, AND...

STRATHCONA-TWEEDSMUIR SCHOOL

DISCOVER

A NEW WAY TO DO SCHOOL 403.938.8326

ADMISSIONS@STS.AB.CA

‘It’s Special Education, Your Child’s Way’ • ECS and Grades 1-12 • 28 years in operation • Serving families and students with special education needs

403-288-5335 (Option 1) | thirdacademy.ca

“Your child’s new classroom is a breath of fresh air” • Nature-inspired learning • ECS and Grades 1-9 • Calgary, Cochrane and new Okotoks programs

403-288-5335 (Option 2) | lynx.education

“A constellation of choice - serving students across Alberta and beyond!” Parent Directed

100% parent directed program commonly known as “traditional” home education.

Shared Responsibility

“The best of both worlds” combining parent directed home education with teacher directed instruction for chosen subject areas.

Distance Programming

A distance learning alternative that provides fully teacherdirected programming online and onsite to achieve an Alberta high school diploma.

International

Affordable, safe and world-class programming for every student on planet earth.

403-288-5335 (Option 3) | goursa.education

CHRISTIAN ACADEMY IGNITE YOUR CHILD’S POTENTIAL Join us at STREAMS Christian Academy, a new and exciting independent school for Christian families in Calgary. Our program combines academic excellence with a strong spiritual foundation, providing a wellrounded education for your child.

WHY CHOOSE STREAMS? Non-denominational Christian faithbased program Focus on STREAM curriculum: Science, Technology, Reading, Religion, Engineering, Arts, and Math Nurturing environment for academic and spiritual growth ECS and Grades 1-9

Our Contact 403-288-5335 (Option 4) streamsyyc.ca smattu@thirdschools.ca 400 Prince of Peace Way, Calgary, AB T1X 1G2

Explore our Montessori classrooms!

Deciding on the first steps away from home is important to research. You want a connected and caring environment that gives your inquisitive child strong life skills and a good educational base. Aspen Hill Montessori programs are designed for independent learners, 8 months through 5.5 years. Explore some of the activities that our students experience in a typical learning day!

Students do calendar work, and talk about plans for the upcoming day. Older students participate with contributions of ideas.

Children start their days with a confident goodbye at the door, and helping to get themselves ready for a day of learning.

All classes enjoy a focused morning work period doing seated Montessori activities. Children independently select activities and work with a friend, with a Guide, or by themselves.

Students snack and have water, as well as fulfill toileting needs, independently throughout the day. Children under 3 are supported with diapering needs.

Older students enjoy two periods of outdoor play each day, sun or snow! Children socialize and enjoy free space to create with a variety of loose parts. Younger students enjoy at least one outdoor play experience, as well as time to rest and nap in the afternoons.

After lunch, the students tidy their classroom before resuming their work.

A second Montessori work period is completed in the afternoon. Children explore math, language, culture, science and more! Students also may participate in music and movement activities and art explorations.

For children who have already been involved in out-of-home care and are ready for the next step, a Montessori program can offer a world of knowledge. If you feel an independent learning environment would suit your child’s personality and learning path, connect with us via https://aspenhillmontessori.ca to learn more. Children in our extended hours program participate in creative play, building activities, and one-on-one learning time with educators before tidying and connecting home to parents.

DIRECTORY // PRIVATE SCHOOLS AND ALTERNATIVE SCHOOLS

DIRECTORY Airdrie Christian Academy

Calgary Academy - Collegiate Program

Preschool, ECS, Grades 1 - 12 77 Gateway Drive NE, Airdrie AB T4B 0J6 Phone: (403) 948-5100 connect@airdriechristian.com www.airdriechristian.com

This grade-level program focuses on increased independence, enabling students to collaborate, challenge themselves, and engage richly with the world around them. Grades 4–12 1677 93 St SW, Calgary, AB T3H 0R3 Phone: (403) 686-6444 admissions@calgaryacademy.com www.calgaryacademy.com

Aurora Learning Calgary Grades 3 – 12 Unit 137, 5305 McCall Way NE, Calgary, AB T2E 7N7 Phone: (403) 277-9535 Calgary.admin@na.oneschoolglobal.com www.oneschoolglobal.com

Banbury Crossroads School J/K, ECS, Grades 1 - 6, Grades 7 - 9, Grades 10 – 12 B1 #201, 2451 Dieppe Avenue SW, Calgary, AB T3E 7K1 Phone: (403) 270-7787 • Fax: (403) 270-7486 admissions@banburycrossroads.com www.banburycrossroads.com Self-directed Learning

Bearspaw Christian School Jr. K, Sr. K, Grades 1 – 12 15001 - 69 Street NW, Calgary, AB T3R 1C5 Phone: (403) 295-2566 • Fax: (403) 275-8170 info@bearspawschool.com www.bearspawschool.com

Bright Path Early Learning Inc Early Learning Childcare 201, 200 Rivercrest Drive SE, Calgary, AB T2C 2X5 Phone: 1-188-808-2252 dkearns@brightpathkids.com www.brightpathskids.com

Calgary Academy - Academy Program This program helps students understand their own unique way of learning, builds on strengths, and develops transferrable skills and strategies that empower learning and open up a world of possibilities. Grades 2-Grade 12 1677 93 St SW, Calgary, AB T3H 0R3 Phone: (403) 686-6444 admissions@calgaryacademy.com www.calgaryacademy.com

Calgary Academy - Blended+ A personalized anywhere, anytime program that empowers students to learn in a way that works best for their lives, combining experiential off-campus community learning, highly supported instruction, and flexible remote and in-person classes combined. Students in Blended+ can still take part in all CA has to offer, including athletics, clubs, drama productions, and Integrated Studies. Grades 9-12 1677 93 St SW, Calgary, AB T3H 0R3 Phone: (403) 686-6444 admissions@calgaryacademy.com calgaryacademy.com

Calgary Changemaker School Kindergarten - Grade 8 16 Commercial Drive, Calgary, AB T3Z 2A7 Phone: (403) 532-1003 Info@changemakersedu.com www.calgarychangemakerschool.com

Calgary Chinese Alliance School Grades 1 – 12 8777 Nose Hill Drive NW, Calgary, AB T3G 5T3 Phone: (403) 274-7046 • Fax: (403) 275-7799 Info@ccas.school.com

Calgary Chinese Private School K, Grades 1 – 6, Grades 7 - 9, Grades 10 - 12 128 2nd Ave SW, Calgary, AB T2P 0B9 Phone: (403) 264-2233 • Fax: (403) 282-9854

Calgary French & International School Accredited, Licensed Early Childhood Education Full French immersion for Junior Preschool to Grade 12 Embark early transitional immersion for Grades 1 to 4 700 - 77 Street SW, Calgary, AB T3H 5R1 Phone: (403) 240-1500 www.cfis.com

JANUARY 2024 // BUSINESS IN CALGARY // BUSINESSINCALGARY.COM

Calgary Islamic Private School Akram Jomaa Campus Grades K - 12 2612 - 37 Avenue NE, Calgary, AB T1Y 5L2 Phone: (403) 248-2773 • Fax: (403) 569-6654 info@cislive.ca Principal: Mr. Asad Choudhary

Calgary Islamic School K, Grades 1 - 6, Grades 7 - 9 225 - 28 Street SE, Calgary, AB T2A 5K4 Phone: (587) 353-8900 • Fax: (587) 353-8999 info.omar@cislive.ca Omar Bin Al-Khattab Campus

Calgary Italian School Calgary Italian School Accredited Language School Age 5 – Grade 12, Adults 416, 1st Ave NE, Calgary, AB T2E 0B4 Phone: (403) 264-6349 clcic@shaw.ca www.italianschoolcalgary.com

Calgary Jewish Academy Nursery - Grade 9 6700 Kootenay Street SW, Calgary, AB T2V 1P7 Phone: (403) 253-3992 • Fax: (403) 255-0842 info@cja.ab.ca www.cja.ab.ca

Calgary Mandarin School Grades 10 – 12 #110, 138 - 18 Ave SE, Calgary, AB T2G 5P9 Phone: (587) 718-8138 • Fax: (403) 228-5330

Calgary Quest School ECS, Grades 1 - 6, Grades 7 - 9, Grades 10 – 12 3405 Spruce Drive SW,. c/o Spruce Cliff Elementary Calgary, AB T3C 0A5 Phone: (403) 253-0003 • Fax: (403) 253-0025 info@calgaryquestschool.com

Calgary Waldorf School Jr. Kindergarten, Kindergarten, Grades 1 - 9 515 Cougar Ridge Drive SW, Calgary, AB T3H 5G9 Phone: (403) 287-1868 info@calgarywaldorf.org www.calgarywaldorf.org

INSPIRING STUDENTS TO

OWN THEIR FUTURE NOW ACCEPTING APPLICATIONS FOR 2024/25 WHY WIC? • English and French Immersion Programs • Advanced Placement Program • Unique option courses • Institute Program nurtures students' passions • 40+ leadership opportunities • International Travel Program • Academic & Career Advising • Student Success Centre • Fine Arts Program • Athletic Opportunit • NEW! Wolves Den Hub featuring a Fitness Facility WIC has given us peace of mind as we see the difference it is making in our child, even though this is only her first year. We enjoy the opportunity to discuss our child’s future with the knowledgeable faculty and staff. WIC is truly a wonderful community to be a part of. Current WIC Parents

WICYYC.CA

DIRECTORY // PRIVATE SCHOOLS AND ALTERNATIVE SCHOOLS

Chinook Winds Adventist Academy

Halpern Akiva Academy

Mountain View Academy

ECS, Grades 1 - 6, Grades 7 - 9, Grades 10 – 12 10101 - 2nd Avenue SW, Calgary, AB T3B 5T2 Phone: (403) 286-5686 • Fax: (403) 247-1623 lmelashenko@cwaa.net

Nursery, Pre-Kindergarten, ECS, Grades 1 – 6, Grades 7 - 9 140 Haddon Road SW, Calgary, AB T2V 2Y3 Phone: (403) 258-1312 • Fax: (403) 258-3812 office@akiva.ca www.halpernakiva.ca

ECS, Grades 1 - 6, Grades 7 - 9, Grades 10 – 12 3915 34 Street NE, Calgary, AB T1Y 6Z8 Phone: (403) 217-4346 • Fax: (403) 249-4312 Office@mountainviewacademy.ca www.mountainviewacademy.ca

Clear Water Academy Junior Kindergarten, Kindergarten - Grade 6, Grade 7 - 12 3910 Quesnay Wood Drive SW, Calgary, AB T3E 8G1 Phone: (403) 240-7908 admissions@clearwateracademy.com www.clearwateracademy.com

Columbia College Grades 10 – 12 802 Manning Road NE, Calgary, AB T2E 7N8 Phone: (403) 235-9300 • Fax: (403) 272-3805 Columbia@Columbia.ab.ca www.columbia.ab.ca

Delta West Academy JK, K, Grades 1 - 12 414 - 11A Street NE, Calgary, AB T2E 4P3 Phone: (403) 290-0767 • Fax: (403) 290-0768 www.deltawestacademy.ca

Eastside Christian Academy ECS – 9 Home Schooling Options 1320 Abbeydale Drive SE, Calgary, AB T2A 7L8 Phone: 403-569-1003 • Fax: (403) 569-7557 admin@eastsidechristianacademy.ca www.eastsidechristianacademy.ca Offers Home Education Blended Program

Janus Academy Grades 1 - 12 2223 Spiller Road SE, Calgary, AB T2G 4G9 Phone: (403) 262-3333 • Fax: (403) 693-2345 contact@janusacademy.org www.janusacademy.org

Khalsa School Calgary Educational Foundation ECS, Grades 1 - 6, Grades 7 - 9 245228 Conrich Road, Calgary, AB T2M 4L5 Phone: (403) 293-7712 • Fax: (403) 293-2245 cheryl.steadman@khalsaschoolcalgary.ca

Lycée international de Calgary Calgary’s Private French School - A Passport to the World Preschool to Grade 12 4099 Garrison Blvd. SW, Calgary, AB T2T 6G2 Phone: (403) 243-5420 Ext 123 admissions@lycee.ca www.lycee.ca

LYNX 3311-49 Street SW Calgary T3E 6M6 Grades ECS and Grades 1-9 Phone: (403) 288-5335 info@lynx.education www.lynx.education

Edison School ECS, Grades 1 - 6, Grades 7 - 9, Grades 10 – 12 Site 11, P.O. Box 2, R.R. 2 Hwy 2A, 1KM North of Okotoks, AB T1S 1A2 Phone: (403) 938-7670 • Fax: (403) 938-7224 office@edisonschool.ca www.edisonschool.ca

Equilibrium School 707 - 14 Street NW, Calgary, AB T2N 2A4 Phone: (403) 283-1111 • Fax: (403) 270-7786 school@equilibrium.ab.ca www.equilibrium.ab.ca

Foothills Academy Grades 3 - 12 745 - 37 Street NW, Calgary, AB T2N 4T1 Phone: (403) 270-9400 Fax: (403) 270-9438 Email: admissions@foothillsacademy.org www.foothillsacademy.org

New Heights School and Learning Services ECS, Preschool (2 ½ - 6 years) to Kindergarten, Grades 1 – 12 2521 Dieppe Avenue SW, Calgary, AB T3E 7J9 Phone: (403) 240-1312 info@newheightscalgary.com www.newheightscalgary.com

North Point School for Boys Accredited / Eligible for Funding Taping into boys’ natural curiosity and energy as a foundation for lifelong learning as we Teach Boys the way Boys Learn. Grade K-9. Richmond Campus: 23334 - 23 Ave. SW, Calgary, AB, T2T 0W3 Phone: (403) 744-5214 info@northpoint.school www.northpoint.school

North Point School for Girls Accredited / Eligible for Funding Teaching Girls in an environment that is suited for their specific needs as we build their self-confidence and allow girls to develop their passions. Grade K-9. Currie Campus: Building B6, 2509 Dieppe Ave. SW, Calgary, AB, T3E 7J9 Phone: (587) 393-6699 info@northpoint.school www.northpoint.school

North Point High School

Toddler, Preschool, ECS, Grades 1 - 9 2634 12 Ave NW, Calgary, AB T2N 1K6 Toddler, Preschool, ECS 1721 29 Ave SW, Calgary, AB T2T 6T7 Phone: (403) 668-8538 info@mmec.ca www.mmec.ca

Accredited / Eligible for Funding In our co-educational High School we bring girls and boys together to create a more robust social environment as we Launch Leaders who can successfully navigate the adventure that awaits. Grade 10-12. Currie Campus: Building B6, 2509 Dieppe Ave. SW, Calgary, AB, T3E 7J9 Phone: (587) 393-6699 info@northpoint.school www.northpoint.school

Montessori School of Calgary

Phoenix Education Foundation

Preschool (3 - 6 yrs), Grades 1 - 6 2201 Cliff Street SW, Calgary, AB T2S 2G4 Phone: (403) 229-1011 • Fax: (403) 229-4474 admissions@msofc.ca www.montessorischoolofcalgary.com

Kindergarten (k), Home Education (1 - 12) BlendEd (1 - 9) Online (1 - 9) 320 19 Street SE, Calgary, AB T2E 6J6 Phone: (403) 265-7701 • Fax: (403) 275-7715 info@phoenixfoundation.ca Offers Home Education Program

Maria Montessori Education Centre of Calgary (MMEC)

JANUARY 2024 // BUSINESS IN CALGARY // BUSINESSINCALGARY.COM

Unlocking Potential • Building Confidence • Developing Character Believing that boys and girls learn differently and have unique needs, North Point Schools offers three distinct and exciting programs. Our SCHOOL

FOR BOYS serves boys in Gr. K-9 and taps into boys’ natural curiosity and energy as a foundation for life-long

SCHOOL FOR BOYS - Gr. K-9

learning as we TEACH BOYS the way boys LEARN. Our Gr. K-9 SCHOOL FOR

GIRLS strives to build self-confidence

and allow girls to develop their passions. In our co-educational HIGH SCHOOL we create a more robust social environment as

SCHOOL FOR GIRLS - Gr. K-9

we LAUNCH LEADERS who can successfully navigate the adventure that awaits.

OPEN HOUSE FEBRUARY 7 @7PM

www.northpoint.school

CO-ED HIGH SCHOOL - Gr. 10-12

DIRECTORY // PRIVATE SCHOOLS AND ALTERNATIVE SCHOOLS

Renert School Grades K-12 14 Royal Vista Link NW, Calgary, AB T3R 0K4 Phone: (587) 353-1053 Info@renertschool.ca www.renertschool.ca

Renfrew Educational Services Assessment and Therapy Services ECS for children with special needs 8620 – 48th Avenue NW, Calgary, AB T3B 2B2 Phone: (403) 291-5038 • Fax: (403) 291-2499 renfrew@renfreweducation.org www.refreweducation.org Door-to-door bussing available

Renfrew Educational Services Bowness Centre ECS for children with special needs 8620 – 48th Avenue NW, Calgary, AB T3B 2B2 Phone: (403) 291-5038 • Fax: (403) 291-2499 renfrew@renfreweducation.org www.refreweducation.org Door-to-door bussing available

Renfrew Educational Services Child Development Centre ECS for children with special needs 3820 – 24th Avenue NW, Calgary, AB T3B 2X9 Phone: (403) 291-5038 • Fax: (403) 291-2499 renfrew@renfreweducation.org www.refreweducation.org Door-to-door bussing available

Renfrew Educational Services Janice McTighe Centre ECS for children with special needs and grades 1-6 for children with special needs 2050 - 21 Street NE, Calgary, AB T2E 6S5 Phone: (403) 291-5038 • Fax: (403) 291-2499 renfrew@renfreweducation.org www.refreweducation.org Door-to-door busing available

Renfrew Educational Services Thomas W. Buchanan Centre ECS for typical children and children with disabilities and grades 1-6 for children with disabilities 75 Sunpark Drive SE, Calgary, AB T2X 3V4 Phone: (403) 291-5038 ext 1601• Fax: (403) 291-2499 renfrew@renfreweducation.org www.refreweducation.org Door-to-door busing available

River Valley School Pre-Junior Kindergarten (3 years) - Grade 6 3127 Bowwood Drive NW, Calgary, AB T3B 2E7 Phone: (403) 246-2275 • Fax: (403) 686-7631 admissions@rivervalleyschool.ca www.rivervalleyschool.ca

Rundle Academy Our premier program meets the needs of students who have a diagnosed learning disability with or without ADHD. Our students are in the average to above-average range of intellectual functioning and thrive in a caring learning community while developing confidence, self-esteem, and motivation. Grades: 4–12 4330 16 Street SW, Calgary, Alberta T2T 4H9 Phone: (403) 291-3866 rundle.ab.ca/academy • admissions@rundle.ab.ca

Rundle College Following Rundle’s Pathways to Learning philosophy, students’ high academic achievement is elevated by a multitude of co-curricular, character, and leadership-building programs. Our College program consistently ranks top in the province. Grades: K–12 7375 17 Avenue SW, Calgary, Alberta T3H 3W5 Phone: (403) 291-3866 rundle.ab.ca/college • admissions@rundle.ab.ca

Rundle Studio We provide a dynamic, interactive online learning environment for students with diagnosed learning disabilities with or without ADHD. A first of its kind in Alberta, this virtual school is designed to meet our students’ personal learning styles, regardless of geographic location. Grades: 7–10 Administrative Office | 7379 17 Avenue SW, Calgary, Alberta T3H 3W5 Phone: (403) 291-3866 rundle.ab.ca/studio • admissions@rundle.ab.ca

JANUARY 2024 // BUSINESS IN CALGARY // BUSINESSINCALGARY.COM

Rundle College Society Rundle is a private, post-secondary preparatory, co-ed, day school. Small class sizes, enriched curricula, and diverse co-curricular opportunities are pillars of our distinct academic programs: the Academy (4–12), College (K–12), and virtual Studio (7–10). 7379 17 Avenue SW, Calgary, AB T3H 3W5 Phone: (403) 291-3866 rundle.ab.ca • admissions@rundle.ab.ca

STAND a collegiate school by STS Create the school experience you want with STAND – a school that lets you learn on your own terms through full-time online and hybrid learning options as well as single STAND alone courses. As a full-time STAND school student, you’ll have the freedom to explore your passions while tackling advanced academics, with the option to participate in immersive, studio-based learning at the Strathcona-Tweedsmuir School campus and partnered city-wide institutions, one day a week. Our supplementary programming offers the opportunity to earn dual-credit, industry credentials, paving the way for early post-secondary success. Whether you prefer to study at home or on the go, you’ll join a community of like-minded students saying YES to their futures. RR 2, Okotoks, AB T1S 1A2 Phone: (403) 938-8326 • admissions@sts.ab.ca www.standschool.ca

Strathcona-Tweedsmuir School (STS) STS is a diverse community where students pursue lives of purpose, flourishing emotionally, physically, and intellectually. Situated on a 220-acre campus near Calgary, STS offers academic excellence and a strong sense of community as Alberta’s only Kindergarten to Grade 12 independent International Baccalaureate (IB) continuum school. STS’s rich learning environment ensures students thrive, benefiting from small class sizes, high-caliber teachers, integrated learning, unparalleled design and innovation curriculum and facilities, over 90 co-curricular activities, a focus on health and wellness, city-wide bussing, and scholarships, all in unique, natural surroundings. RR 2, Okotoks, AB T1S 1A2 Phone: (403) 938-8326 • admissions@sts.ab.ca www.strathconatweesdsmuir.com

STREAMS Christian Academy 400 Prince of Peace Way Calgary T1X 1G2 Grades ECS and Grades 1-9 Phone: (403) 288-5335 info@streamsyyc.education www.streamsyyc.ca

Leading the way for students with Learning Disabilities (including Dyslexia) and/or ADHD Foothills Academy provides targeted support in literacy, numeracy and executive functioning for students with Learning Disabilities (including Dyslexia) and/or ADHD while covering the full Alberta Education curriculum.

100% Graduation rate

403.270.9400

FOOTHILLSACADEMY.ORG

Multilingual Education

from 19-months to Grade 12

More Than

French

InternatIonal Baccalaureate Programs

Spanish Music Athletics

Apply Now for 2024-25! CFIS.com

Creating life lo n

WHERE THEY CAN DISCOVER. g f ri

ends an

v o l da

e l f o e

Join an upcoming Admissions Tour. EARLY YEARS PROGRAM | KINDERGARTEN - GRADE 3 | FULL-DAY KINDERGARTEN

IMAGINE a school that helps you discover your POTENTIAL IMAGINE RUNDLE • Small class sizes of 8–16 students • Personalized instruction • Kindergarten – grade 12 and beyond • Our Pathways to Learning balances exceptional academics with co-curricular and character programs • 100% post-secondary acceptance

Premier program for learning disabilities with or without ADHD

College K–12 Top-ranked program for academic/ character/co-curricular

Apply for fall 2024

Studio 7–11 Virtual program for learning disabilities with or without ADHD

rundle.ab.ca

RUNDLE

Academy 4–12

DIRECTORY // PRIVATE SCHOOLS AND ALTERNATIVE SCHOOLS

Tanbridge Academy

ursa

Edge School

Junior Academy (3 years old) - Grade 9 178003 – 112 St. W, Foothills, AB T2S 0V8 (Corner of Hwy 22x and 53rd Street) Phone: (403) 259-3443 info@tanbridge.com www.tanbridge.com Bussing available

400 Prince of Peace Way Calgary T1X 1G2 Grades 1-12 Phone: (403) 288-5335 info@ursa.education www.goursa.education

Grades 4 - 12 33055 Township Road 250, Calgary, AB T3Z 1L4 Phone: (403) 246-6432 • Fax: (403) 217-8463 info@edgeschool.com • Website:www.edgeschool.com

The Chinese Academy

JK and Kindergarten, Grades 1 – 6, Grades 7 - 9, Grades 10 – 12 1515 - 93 Street SW, Calgary, AB T3H 4A8 Phone: (403) 277-4700 • Fax: (403) 277-2770 kstevenson@webberacademy.ca www.webberacademy.ca

Saturday classes from Kindergarten to Grade 12 Grade 11 and 12 International Baccalaureate Chinese Classes Campuses: Sir John A Macdonald School, John G. Diefenbaker High School 191, 1518 Centre St. NE, Calgary, AB T2E 2R9 Phone: (403) 777-7663 • Fax: (403) 777-6228 thechineseacademy@gmail.com “The largest heritage language school in Alberta.”

Third Academy Elementary 3311-49 Street SW Calgary T3E 6M6 Grades 1-9 Phone: (403) 288-5335 info@thirdschools.ca www.thirdacademy.ca

Webber Academy

West Island College Grades 7 - 12 7410 Blackfoot Trail SE, Calgary, AB T2H 1M5 Main: (403) 255-5300 • Fax: (403) 252-1434 Admissions: (403) 444-0023 admissions@mywic.ca www.wicyyc.ca

Yufeng Chinese School Grades 1 - 6, Grades 7 - 9, Grades 10 – 12 708 44 Avenue NW, Calgary, AB T2K 0J4 Phone: (403) 289-7876 • Fax: (403) 210-0261

Third Academy Jnr/Snr High 400 Prince of Peace Way Calgary T1X 1G2 Grades 1-12 Phone: (403) 288-5335 info@thirdschools.ca www.thirdacademy.ca

ALTERNATIVE SCHOOLING

Tyndale Christian School

Preschool - Grade 12 Elementary Campus (Preschool - Grade 6): 2839 - 49th Street SW, Calgary, AB T3E 3X9 Secondary Campus (Grades 7-12): 5029 - 26 Avenue SW, Calgary, AB T3E 0R5 Phone: (403) 242-2896 • admissions@calgarychristianschool.com www.calgarychristianschool.com

ECS, Grades 1 - 6, Grades 7 - 9, Grades 10 – 12 28 Hart Estates Blvd. NE, Calgary, AB T1X 0L3 Phone: (403) 590-5881 • Fax: (403) 590-6998 tcs@tyndalecalgary.ca

Calgary Christian School

Calgary Girls School Grades 4 - 9 6304 Larkspur Way SW, Calgary, AB T3E 5P7 Phone: (403) 220-0745 Judi.hadden@calgarygirlsschool.com • www.calgarygirlsschool.com

JANUARY 2024 // BUSINESS IN CALGARY // BUSINESSINCALGARY.COM

Glenmore Christian Academy JK to Grade 5, Grade 6 - 9 16520 – 24 Street, SW, Calgary, AB T2Y 4W2 Phone: (403) 254-9050 admissions@gcaschool.com • www.gcaschool.com

Heritage Christian Academy ECS, Grades 1 - 12 2003 McKnight Boulevard, NE , Calgary, AB T2E 6L2 Phone: (403) 219-3201 • Fax: (403) 219-3210 www.hcacalgary.com

Master’s Academy ECS, Grades 1 - 6 4414 Crowchild Trail SW, Calgary, AB T2T 5J4 Phone: (403) 242-7034 • Fax: (403) 242-3515 www.masters.ab.ca

Master’s College Accredited / Eligible for Funding Grades 7 - 12 4414 Crowchild Trail SW Calgary, AB T2T 5J4 Phone: (403) 242-7034 • Fax: (403) 242-4629 www.masters.ab.ca

Menno Simons Christian School ECS, Grades 1 - 9 7000 Elkton Drive, SW, Calgary, AB T3H 4Y7 Phone: (403) 531-0745 www.mennosimonschristianschool.ca

Trinity Christian School ECS, Grades 1 - 9 #100, 295 Midpark Way SE, Calgary, AB T2X 2A8 Phone: (403) 254-6682 • Fax: (403) 254-9843 www.tcskids.com

THE MARKET’S NEW INFLUENCERS // REAL ESTATE

THE MARKET’S NEW INFLUENCERS The impact of Calgary condos and rentals BY JOHN HARDY

algary real estate, much like the real estate industry itself, is rooted in traditional routines and stereotypes. In the Calgary real estate market, references, updates and market trending is usually focused on the listings and sales ratios, benchmark prices and the availability and affordability of re-sales. Now that it’s 2024, coming off an excitingly hot market year, Calgary’s real estate trending is factoring-in sometimes downplayed real estate categories: condos and rentals. Of course, the consumer demand and sheer numbers of re-sales will continue as key drivers of the Calgary real estate market, condos and rentals are very much earning their Calgary creds as real estate market influencers. Blame or credit the drawing power of the Calgary area and spiking migration trends, the numbers are indisputable. The Calgary real estate market continues to experience an influx of homebuyers, internationally and from other provinces, keen on acquiring investment properties. A key factor is Calgary’s affordable real estate prices, especially compared with Canada’s other major urban centers like Vancouver, Toronto and the sprawling southern Ontario

JANUARY 2024 // BUSINESS IN CALGARY // BUSINESSINCALGARY.COM

region. In most sectors of the Calgary market, from resales to new builds, multi-family condos and rentals, 2024 continues as a good news/bad news real estate story. It’s a Calgary bragging-right positive that the area is in such hot demand. It is also a frustrating, real estate negative that there is drastically low supply. It creates a strange contradiction. A lack of supply in the Calgary housing market notoriously pushes benchmark home prices higher. And unaffordability pushes consumers toward lower-price options and lowers average home prices. Last year, Calgary’s number of home sales rose by more than 17 per cent, and detached home average prices increased by almost 11 per cent, to $726,000. Semi-detached home average price increased by almost 15 per cent, townhouses by 20 per cent, and condo average prices increased by more than eight per cent to $322,000. Heading into the new year, Calgary Realtors, real estate analysts and market trackers like the Calgary Real Estate Board (CREB) are acknowledging the role and impact of condos and multi-family rentals as vital components of Calgary’s real estate market.

THE MARKET’S NEW INFLUENCERS // REAL ESTATE

CONDOS FOR SALE IN CALGARY ARE NOW THE HOTTEST PROPERTY COMMODITY. ACCORDING CREB SUMMER 2023 NUMBERS, CONDOS HAVE OUTPERFORMED OTHER RESIDENTIAL PROPERTY TYPES, NOT ONLY SHOWING A POTENT 50 PER CENT SALES INCREASE YEAR-OVER-YEAR, THE SECOND-LARGEST BENCHMARK PRICE JUMP AND MADE UP ABOUT 25 PER CENT OF ALL CALGARY HOME SALES THIS YEAR. Condos for sale in Calgary are now the hottest property commodity. According CREB summer 2023 numbers, condos have outperformed other residential property types, not only showing a potent 50 per cent sales increase year-over-year, the second-largest benchmark price jump and made up about 25 per cent of all Calgary home sales this year.

Last year, while most Calgary real estate professionals were reacting and strategizing about Calgary’s hot market, one real estate sector was dealing with the positive hot market opportunities of surging consumer demand but also contentious hot market availability and affordability issues: multi-family Calgary rentals.

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TWO UNFORGETTABLE DECADES

centini 160 8th Ave SE 403.269.1600 centini.com @centinicalgary BUSINESSINCALGARY.COM // BUSINESS IN CALGARY // JANUARY 2024

THE MARKET’S NEW INFLUENCERS // REAL ESTATE

with an increase in roommate situations – three people get together and rent a house, where previously they may have each rented a one-bedroom apartment.” Another new trend in Calgary hot real estate market is the demand and development of multi-family housing. Primarily population growth, also driven by Alberta’s strong economy is fueling development in Calgary’s new multi-family housing market, whether for rental or ownership. Experts explain that driving growth on the purpose-built rental side of the multi-family market have been rising rents, which rose from $2.57 per square foot in 2022 to $2.99 per square foot last summer. An increase of about 16 per cent, year over year.

“BY ALL INDICATORS AND TRENDING, CALGARY’S MULTI-FAMILY MARKET IS ALSO H-O-T. “MULTI-FAMILY HOUSING HAS BECOME VERY POPULAR FOR VARIOUS REASONS,” SAYS THE RESPECTED ASH MAHMOUD. According to the high-energy and plugged-in Shamon Kureshi, director of the Calgary Residential Rental Association (CRRA) and president and CEO of Hope Street Management Corporation, “Some of the driving factors which have made the Calgary rental market so strong in the past 18 - 24 months have been rising interest rates making home ownership prohibitive for many would-be buyers, and huge inward migration. “Can it last? Probably yes,” he says. “But we recognize the seasonal nature of the rental industry, which generally slows down after the traditional, frenzied end of the summer rush.” Kureshi notes a relatively new quirk in Calgary’s rental market. “Detached houses seem to be in high demand,

“By all indicators and trending, Calgary’s multi-family market is also h-o-t. “Multi-family housing has become very popular for various reasons,” says the respected Ash Mahmoud, president and owner of Cairo Development, specializing in multi-family developments, having completed more than 8,000 multi-family and commercial unit projects in Calgary and western Canada. “With interest rates and unavailability of affordable homes to buy, there is considerable difficulty owning single family homes. Many Calgary newcomers, either immigrants or inter provincial movers, prefer to rent than buy until they settle and decide on final living decisions. And multifamily rental is a flexibility for most younger generations when it comes to movement and stability, and the tendency to rent is better for them in terms of short-term cash flow.” Mahmoud is confident that Calgary’s multi-family hot market will continue, at least for three-to-five years, if not longer, due mostly to some Calgary positives. “The affordability of living here compared to other major cities in Canada, the availability of Calgary work opportunities and for people who like to live near downtown and close to public transportation like the C-train, Calgary is a big draw.” ABOVE: ASH MAHMOUD, PRESIDENT AND OWNER OF CAIRO DEVELOPMENT. PHOTO SOURCE: YYC-HEADSHOTS.COM

JANUARY 2024 // BUSINESS IN CALGARY // BUSINESSINCALGARY.COM

twenty years of storytelling

Get it all. With Ewan. It’s simple: storytelling matters. So trust Ewan. Ewan has the experience, creativity and capability to bring every story to life.

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DOWNHILL FUN AND MORE! // SKI & SNOWBOARD

DOWNHILL FUN AND MORE!

ABOVE: WHILE A MILDER EL NINO WINTER IS IN THE FORECAST, MANY ARE EXPECTING GREAT DAYS ON THE SLOPES OF BANFF SUNSHINE. PHOTO SOURCE: SUNSHINE VILLAGE SKI & SNOWBOARD

JANUARY 2024 // BUSINESS IN CALGARY // BUSINESSINCALGARY.COM

DOWNHILL FUN AND MORE! // SKI & SNOWBOARD

BY LISA KOPOCHINSKI

inter is upon us and what makes this frosty season a fun one for many is hitting the slopes. To make this happen, behind the scenes there has been a great deal of preparation on the part of the ski resorts. “We are optimistic this will be a record-breaking season on all fronts,” says Laura Meggs, communications manager at Revelstoke Mountain Resort in Revelstoke, B.C. “Our teams have been hard at work in preparation for the official opening of the season to ensure guests have the very best experience. As many other resorts, we are hopeful for an incredible snow season. But as you know, it’s a tough one to predict. We will leave that part of the equation up to the forecasters and Mother Nature. Revelstoke typically receives a lot of snow in December, which will help us set up for the core of our season in January through March.” With 75 named runs, Revelstoke has an extensive network of newly enhanced progressive terrain, rolling groomers, perfectly spaced glades and four wide open bowls.

Winter Equals Canadian Calling winter a part of who we are as Canadians, Kendra Scurfield, brand and communications manager at Sunshine Village Ski & Snowboard in Banff National Park, says with Canada’s immigration hitting all-time records, “We are excited for the opportunity to share our love of winter with all who choose to call and make Canada home.” While a milder El Nino winter is in the forecast, Scurfield says regardless of the weather, she is expecting great days on the slopes for anyone new to the sport of skiing and those getting back to winter fun. “If this winter is milder, there will be a lot of great opportunities to get outside and enjoy the beauty of the Canadian Rockies. For families, we offer the perfect place to learn to ski and progress as our three mountains of terrain can grow up with you. I recommend booking a lesson with our ski school. We also offer great learn to ski programs that bundle lessons, rentals and lift tickets.”

Resort lifts include two gondolas (the Revelation Gondola); three high-speed quad chairs (Stoke Chair, Ripper Chair and Stellar Chair); and two surface carpets (Lil’ Bit Carpet and Cupcake Carpet).

Heading into the 2023/2024 ski and snowboard season, Scurfield says Sunshine Village is fully staffed with a waitlist on some positions (mostly lift operations).

“We have a very strong line-up of events for guests to enjoy this season,” says Meggs. “For the second year in a row, we are thrilled to welcome back the Yeti Natural Selection Tour. Twenty-four of the world’s best free ride snowboarders will gather in Revelstoke from March 10 - 17 to compete for the YETI Natural Selection title!”

“We hope to welcome a more diverse audience of thrill seekers to our slopes this winter. Last year, we saw a return of international guests to Banff. With our dollar remaining low, and the growth in multi-pass products like Mountain Collective Pass and ikon pass, we expect to see a strong continuation of American skiers and snowboarders skiing Canada this winter.”

Along with the Yeti Natural Selection, the resort is offering numerous events for guests to enjoy such as the Alberta Beer Festival, Rail Jam series, Colour the Slopes, IFSA 2 and 4 Qualifier events, New Year’s Eve fireworks and more!

The resort is also continuing to reduce its environmental footprint by leaning into mobile technologies. For example, guests can purchase super cards and lift tickets on the Sunshine Resort app and download them straight to their phones.

BUSINESSINCALGARY.COM // BUSINESS IN CALGARY // JANUARY 2024

DOWNHILL FUN AND MORE! // SKI & SNOWBOARD

“It’s the goal of our organization to lead a resort worthy of its location in the Canadian Rockies, which is why we have committed to purchasing a brand new six-passenger heated luxury bubble chair,” she adds. “This will be a direct drive, state-of-the-art lift that will replace Angel Express, which was built in 1988.” The modern lift will feature many extras and be more environmentally efficient using less energy. The lift will undergo construction this summer with an anticipated November 2024 first flight launch date. Jasper Johnson, marketing, and communications manager at Mount Norquay in Banff, says the team has been busy glading more of its treed areas to offer a better tree skiing experience. “Norquay is known as Banff’s Hometown Hill, so we have a large number of local visitors, but we get many ‘day trippers’ from Calgary as well. We work with SkiBig3, and then promote Norquay on a national basis, targeting visitors from the U.S., eastern Canada and across the world.” He says they have a large number of people who visit the resort on a regular basis for some of the unique programs it offers such as snow school lessons, and the opportunity to enjoy the tubing lanes.

Fun Events There are also several great upcoming events that will definitely be popular. For example, the Norquay Masters Racing is a Beer League Series where visitors and locals can experience the thrill of night skiing with friendly competition. This takes place on select Friday nights in January, February and March. “You don’t need to be a pro racer to join,” says Johnson. “You just need to love having a blast! During each race, you’ll get to challenge yourself and others on the course, then celebrate your achievements with delicious food and drinks at the Lone Pine Pub with nightly prize giveaways.”

“Participants will spend the evening meeting someone new on every chair,” smiles Johnson. “This is a super fun and casual event for anybody who loves to ski or snowboard, whether you are seeking a man or a woman as a short-term ski bud or potential lift-mate.” Returning again is the Bruno Engler Race on April 6. Parents and children are encouraged to take part in the two-run event held on the same course. Both parent and child will compete as a team, with the fastest family being awarded the Berchtold Trophy. And, if this isn’t enough, in recognition of Norquay’s approaching 100th anniversary in 2026, there is the Norquay 100 Vision which is aiming to create a flagship purposeful travel experience for everyone visiting Norquay by incorporating best-in-class sustainability, learning opportunities, wellness, extraordinary adventure and respect for residents and local communities.

The Lifts of Love will take place on February 10, which is Norquay’s fresh take on speed dating. TOP: THE TEAM AT MOUNT NORQUAY HAS BEEN BUSY GLADING MORE OF ITS TREED AREAS TO OFFER A BETTER TREE SKIING EXPERIENCE. BOTTOM: NORQUAY HAS THE LONGEST TUBING LANES IN ALBERTA AND WILL OFFER NIGHT SKIING BEGINNING ON DECEMBER 29 ON FRIDAY AND SATURDAY NIGHTS. PHOTO SOURCE: IMAGE COURTESY OF MOUNT NORQUAY

JANUARY 2024 // BUSINESS IN CALGARY // BUSINESSINCALGARY.COM

DOWNHILL FUN AND MORE! // SKI & SNOWBOARD

PROMOTIONS GALORE All three resorts are offering great promotions in an effort to attract visitors throughout the ski season. At Sunshine Village Ski & Snowboard, Kendra Scurfield says with the cost of living rising, the resort made the decision to protect the consumer price of its Sunshine super card. “The Sunshine super card will remain priced at $99. For this price, guests receive their first, fourth and seventh day free plus daily discounts. As for special promotions, the resort is bringing back some of its most popular events including Santa Skis for Charity, in addition to new events such as the Very Merry Sunshine Market. We believe the mountains are for all and that you don’t need to be a good skier to get outside and enjoy.” Jasper Johnson says Norquay has the longest tubing lanes in Alberta and will offer night skiing beginning on December 29 on Friday and Saturday nights. “Additionally, we offer a Cool2Carpool series on January 10, February 7 and March 6. It’s a fantastic opportunity to split the cost of a lift ticket among family and friends when you share a ride. Whether you drive your own vehicle or hop on our free shuttle from Banff, you’ll be doing your wallet and the planet a favour by reducing your carbon footprint and saving on gas. Plus, you’ll have more fun with your friends and family as you split the cost of a lift ticket among all the passengers in your vehicle.” At Revelstoke Mountain Resorts, Laura Meggs says visitors can expect the best deals of the season from early April through to mid-November, such as early bird deals on seasons passes as well as savings of up to 40 per cent off on lift passes, lodging, rentals and lessons. “However, if visitors have missed these early season deals, they will still have access to discounted rates by planning in advance and booking online.”

VERTICAL CARDS SKI OR RIDE FROM $75/DAY SALE ENDS JAN 31

3, 5 OR 10 DAYS NO BLACKOUT DATES 30% OFF ADDITIONAL DAYS REVELSTOKEMTN.COM/VERTICAL BUSINESSINCALGARY.COM // BUSINESS IN CALGARY // JANUARY 2024

The Calgary Chamber exists to help businesses reach their potential. As the convenor and catalyst for a vibrant, inclusive and prosperous business community, the Chamber works to build strength and resilience among its members and position Calgary as a magnet for talent, diversification and opportunity. As an independent, non-profit, non-partisan organization, we build on our 132-year history to serve and advocate for businesses of all sizes, in all sectors and across the city.

Business Priorities in 2024

ike many provinces across Canada, Alberta is expected to slow in 2024. While Alberta is not immune to the realities of a slowing economy, we remain better positioned than most to weather uncertainty. According to ATB Financial, the province will rank as one of Canada’s growth leaders, forecasting provincial GDP growth of 2.0 per cent in 2024. This growth will likely be driven by energy prices, record migration to the province and economic diversification.

JANUARY 2024 // BUSINESS IN CALGARY // BUSINESSINCALGARY.COM

2023 IN REVIEW Last year, Alberta saw record population growth. The provincial government’s Alberta is Calling campaign likely contributed to the positive boost in numbers. Between July 1, 2022 and July 1, 2023, we welcomed over 184,000 people to the province – the fastest year-over-year demographic growth of all provinces and territories last year. Alberta is now home to 4.7 million people. This population shift is important for maintaining our economic productivity, which drives our growth and prosperity. Alberta’s technology sector cannot be forgotten and continues to see a number of unicorns appear on the scene. According to the Canadian Venture Capital and Private Equity Association, more than $2.5 billion in venture capital funding has been invested in Alberta tech companies since 2019; by Q3 2023, it reached $534 million. According to Invest Alberta, Calgary has broken its venture capital investment record for five years in a row and it is expected that Alberta’s spending on digital transformation is set to surpass $20 billion between 2021 and 2024, a forecast of 13 per cent year-overyear growth. Not to mention, Alberta is home to the second-most private equity firms in the country. A report by Startup Genome names Calgary and Edmonton North American leaders to watch for our work in clean tech. Infrastructure tells a city’s story. As a province, we continue to invest in ourselves as evident by the collaboration and government support of a new event centre and entertainment district in Calgary. This public-private partnership is a key infrastructure investment in our city and is paramount for improving community vibrancy and attracting and retaining the talent businesses need to succeed. The agreement remains a signal that we are investing in our collective future and will have a ripple effect in the economy on jobs, tourism, transportation and civic vibrancy, providing economic opportunities for business. Investing in infrastructure helps retain and attract new talent to Calgary, which is particularly critical in a labour shortage. WHAT WE’RE WATCHING Despite a cautiously optimistic outlook for the year ahead, challenges for businesses remain including inflation, high interest rates, high debt costs and an ongoing labour shortage. Specific to Calgary, 58 per cent of businesses are concerned with rising inflation in the next three months, 36 per cent are concerned with rising interest rates and debt costs, and 31 per cent remain concerned with labour challenges. As governments create and finalize their budgets for the year ahead, the Calgary Chamber of Commerce calls for the following: Federal • Introduce measures that encourage fiscal prudence, address rising costs and reduce red tape. Lowering Canada’s debt-to-GDP ratio, as well as advancing initiatives that reduce burdensome government processes and supporting businesses to address rising costs are crucial to sustained economic growth.

BUSINESSINCALGARY.COM // BUSINESS IN CALGARY // JANUARY 2024

• Reduce uncertainty related to climate policy, including addressing the required changes to the Clean Electricity Regulations and emissions cap. • Establish policies that support technology adoption and digital growth across sectors. This includes a commitment to working with Canada’s early-stage companies to ensure they have the support required to grow and succeed and providing businesses with incentives to adopt new technologies, including those that seek to reduce emissions or boost productivity. Provincial • Reinforce Alberta’s economic strengths while continuing to invest in economic diversification. This requires the province to support traditional industries while also bolstering investments in post-secondary institutions and organizations that support emerging sectors. • Position Alberta as a magnet for talent and investment to ensure the province’s future competitiveness. The province must continue to foster the regulatory conditions necessary to ensure the competitiveness of emerging sectors, and work to address the ongoing labour shortage through immigration, credentialling and investment in post-secondaries.

JANUARY 2024 // BUSINESS IN CALGARY // BUSINESSINCALGARY.COM

• Invest in infrastructure that supports civic vibrancy, resilient supply chains and market access to facilitate talent attraction and retention while reducing costs for businesses. Municipal • Springboard Calgary’s early-stage businesses by enhancing access to existing funding programs and ensuring municipal procurement facilitates greater access to the City as an institutional client for products or services. • Remain focused on building a safe and secure city, acknowledging that real and perceived public safety concerns have a direct impact on the success of local businesses and the communities in which they operate. • Position Calgary as a magnet for talent by advancing strategic infrastructure investments that enhance livability and workplace inclusion, diversity, equity and accessibility. Recognizing this work cannot be done alone, the Calgary Chamber encourages government to collaborate with the business community to develop thoughtful, strategic public policies that reflect and benefit everyone.

Photo by Rebecca Lippiatt

NOT ALL BUSES Are the Same.

Celebrating 45 years on the road By Nerissa McNaughton

hen we think of travelling across Western Canada, travel by airplane or car comes to mind. There is, however, another option – a more comfortable, affordable, incredibly safe and efficient option that delivers you to all the major cities in Alberta and Ontario. That option is Red Arrow. “In 1979, R.B. Colborne – Founder of Pacific Western Transportation (PWT) – had a dream to create a unique travel experience, unparalleled to anything elsewhere in the industry,” says Steven Tulloch, Director, Marketing & Business Development at Red Arrow. “Colborne went on to pioneer a bus service with business style and single row seating, complimentary snacks and refreshments. He created the first commercial coaches to have seatbelts and pay-per-use cellular phones. At one time the coaches included a business centre, complete with a fax machine and printer.”

Red Arrow Celebrates 45 Years

The technology for business guests has been updated on the coaches and the outstanding service remains consistently reliable. Red Arrow coaches are equipped with complementary WiFi and power outlets. Whether each guest is travelling for work or pleasure, they can remain connected to their business or loved ones. Other amenities include onboard movies, spacious leg room, washroom facilities, reclining leather seats, fold down trays and complimentary refreshments. Red Arrow is also wheelchair accessible the operators are happy to assist those with mobility challenges. “Red Arrow is known for its business-class style of seating, like one would typically find onboard an airline,” Tulloch says. “We have both single and double row seating configurations, giving passengers ample personal space and a feeling of luxury. Guests are often surprised at how luxurious our coaches are when they get on board and see our difference. The investment into maintaining our vehicles to provide safe and reliable transportation is very evident.”

R.B. Colborne – Founder of Pacific Western Transportation

That feeling of luxury was further expanded in 2011 when Red Arrow debuted Ebus. As the luxury sibling brand to Red Arrow, Ebus is owned by the Pacific Western Group of Companies, an Alberta-based transportation company. Its network of scheduled routes ensures reliable transportation across Alberta and British Columbia. Not only is Ebus a luxury option, it is also environmentally friendly thanks to reduced emissions, paperless booking, excellent mileage and a low carbon footprint. Red Arrow and its sister company Ebus knows guests have options when it comes to travel, so the brands go above and beyond to ensure customer satisfaction. “With only 36 seats – standard motorcoaches come with 56 seats – each passenger benefits from lots of legroom, as well as the option to have a seat of one’s own. A washroom is located in the rear for convenience, along with a galley offering

Red Arrow Celebrates 45 Years • 2

Steven Tulloch – Director, Marketing & Business Development; Richard Brooks – Dispatch; Shawna Ballentyne – Regional Manager, Customer Service; Sven Lisson – Director, Alberta Operations; and Firas Takleh – Dispatch. Photo by Rebecca Lippiatt.

Red Arrow is also very community minded, offering assistance when charities reach out, providing trips for use or for fundraising auctions. complimentary beverages and snacks. Superior WiFi is offered too, as are footrests and three-point belts on all seats,” Tulloch explains the Red Arrow difference. “Additionally, safety – on all fronts – is a core value that we embrace daily.” Red Arrow’s safety value has two branches: Safely Clean, a program dedicated to enhanced coach cleaning, sanitation and proactive measures for guests and staff and Safely Home, a deep conviction and ultimate promise Red Arrow has made to its team, to its clients and to the communities in which it operates. The coach line has not only been innovative and proactive in transportation and safety, the drivers know how to think on their feet. Tulloch shares,

“One very memorable moment was when one of our operators helped deliver a baby while waiting for EMS to arrive! The baby’s middle name is Arrow and has a lifetime of free travel with us.” Red Arrow is also very community minded, offering assistance when charities reach out, providing trips for use or for fundraising auctions. The customer and community service have not gone unnoticed. Red Arrow was thrilled to receive recognition from then-Prime Minister, Stephen Harper when the coach line celebrated its 30th anniversary. “On behalf of Red Arrow, a big thank you goes out to the entire team, some of whom have been with the company for decades,” says Tulloch. “All have all been instrumental in what Red Arrow has accomplished since inception in addition to, more recently, the return of the business to its past levels of success following the crippling pandemic. PWT leadership is proud of what all our employees contribute to Red Arrow’s success, from the customerfocused drivers to the technicians that ensure mechanical bus safety, to our operations and sales management teams.”

Red Arrow Celebrates 45 Years • 3

Steven Tulloch – Director, Marketing & Business Development. Photo by Rebecca Lippiatt.

What’s next for the business? Tulloch is happy to share, “We recently opened our new Passenger Experience Centre in Calgary, which is unlike any other bus ticketing station. It features a more contemporary design complimented by earthy tones such as a moss wall and barn wood walls. The plan is to replicate this to our other bus stations. New motorcoaches are coming later in 2024 and 2025 will feature enhanced seating technology, increasing the overall onboard experience. Also, in 2024 Red Arrow becomes cashless, allowing a quicker and safer way to travel. With operations continuing in Alberta and Ontario, Red Arrow looks to expand into more provinces and geographical regions.”

Red Arrow Celebrates 45 Years • 4

He concludes, “Traffic congestion, harsh driving conditions, escalating gas prices, delayed flights… sounds familiar? Your time is valuable; work needs to get done. Be productive! Be smart! Don’t drive – be driven. Enjoy the luxuries of traveling business class with ample legroom, single seats, complimentary refreshments, complimentary WiFi, and a private washroom. Remember that not all coaches are the same. Red Arrow is recognized as Western Canada’s premium public luxury transportation solution. It is an enormous privilege to be part of a team that is helping shape the future of one of Alberta’s oldest and most recognizable passenger transport operations, to continue the legacy of R.B. Colborne and to be able to play a role in making this service even better for our customers. Welcome aboard Red Arrow.” Learn more online at redarrow.ca. The brand is also active on Facebook (Red Arrow Motorcoach), Instagram (@redarrowebus) and LinkedIn (Red Arrow + Ebus).

www.redarrow.ca

Photo by Riverwood Photography.

PROMPT. PROFESSIONAL.

Proudly Precision Plumbing. Written by Rennay Craats | Published by Courtney Lovgren

t all started with a teenager in high school and evolved into a robust business that is still thriving three decades later. As a high school senior, Jerrod Clarke needed work experience credits to graduate so he decided to get on with a plumbing outfit to fulfil those requirements. At the end of the school year, he accepted the company’s offer of an apprenticeship and over the next 17 years, Clarke learned from seasoned journeymen and worked his way up to become the service manager. Then in August 2009, he left his job and struck out on his own with Precision Plumbing Ltd. “I decided to go out on my own and I haven’t looked back. At the time I had no vision of what

it was going to be. I thought it would be me and maybe I’d hire a guy or two and we’d do our thing,” says Jerrod Clarke, founder of Precision Plumbing Ltd. “We picked up some major contracts right off the bat and needed more people almost immediately.” The business took off and Clarke quickly established Precision as a trusted company producing quality work and exceptional service for clients in Calgary and the surrounding area. His reputation for excellence and integrity attracted likeminded journeymen to the team, bringing with them expertise in residential and commercial plumbing and gas fitting. The engaging work and

Precision Plumbing Ltd. • 15 Years

Jerrod Clarke. Photos by Riverwood Photography.

needs their boiler system serviced in an apartment complex or a leaky pipe repaired at home, no job is too big or too small for the Precision team. They work on residential renovations and custom builds and home service and repair just as proudly as they serve the commercial needs of big box stores, restaurants and grocery chains. The full-service operation runs the gamut of plumbing, gas fitting and drain cleaning services using the latest technology and equipment. It also offers 24-hour emergency support to address issues whenever they may happen. Precision prides itself on providing fast and effective solutions to reduce downtime, and clients can trust that the job will be done fast and done right. Clarke is so confident in his team that he offers a 100 per cent satisfaction guarantee to back every job. Knowing that quick turnaround contributes to high customer satisfaction, Precision maintains an impressive warehouse of inventory and keeps trucks well stocked in advance of deployment. This ensures that the team always has a supply of pipes, fittings and fixtures at their fingertips and is prepared for virtually anything they could encounter on a job site. If a unique problem requiring an out-of-the-box solution arises, Precision can quickly source products to get the job done thanks to its great relationship with the industry’s best suppliers.

professionalism drew them in, but the atmosphere of family and respect has kept them there; the team has grown to 14 dedicated professionals with 13 service trucks on the road every day. It has taken Precision Plumbing 15 years to build its solid foundation of people and skillsets and that strong base has allowed the company to grow and prosper. It’s a company built on relationships, and while it has incredible rapport with suppliers and long-time repeat clients, it’s the connections in-house that make the business what it is. The staff works hard every day but having fun together and enjoying each other’s company tends to lighten the workload. Many of Clarke’s employees have been with the company for years, and in today’s labour-strained market where hardworking, committed tradespeople are hard to come by, this loyalty is noteworthy. “When you have guys who have stuck around for 10 years, I think that speaks for itself. We really try to treat our people well – we’re on the higher end of the pay scale, have great benefits, good company trucks, we take pride in and look after our tools, and every day is different, and that variety keeps things interesting,” Clarke says. Precision’s broad business scope means the team can be called out for a toilet repair, a gas line installation or anything in between. Whether a client

“We rely on our suppliers but we’re not constantly chasing parts like a lot of guys are,” says Clarke. “We have it right here, and these days with supply chain issues, that’s worth its weight in gold.” All the supplies in the world are meaningless without the skilled hands applying them. No matter what the job or situation, there is a journeyman on the team who has seen it before and has an efficient solution at the ready. The decades of experience across the company means Precision always has a plan to address such assignments as overflowing sewer systems, poly-B replacements, installing new appliances, clearing out clogged drains or repairing defective hot water tanks. “If you don’t know something, one of the other guys here surely does. We all come together as a group and there really is nothing we can’t handle as a team. That’s pretty powerful,” he says. To make sure this knowledge capital is not only preserved but also grows, Precision Plumbing incorporates mentoring into its business model. The company currently has two apprentices on staff who are receiving on-the-job training in areas that don’t get covered in trade school. After all, Precision is in a niche market and that hands-on training and experience is critical to the company’s ability to continue providing great service to clients as it grows.

Precision Plumbing Ltd. • 15 Years • 2

PRECISION PLUMBING ON YOUR 15TH ANNIVERSARY! CONGRATULATIONS PRECISION PLUMBING ON 15 YEARS!

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Precision Plumbing Ltd. • 15 Years • 3

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Clarke is always open to opportunities to grow and evolve the business even further, whether that is contemplating a push into HVAC services in the future or looking for a new space as Precision outgrows its current location. Precision Plumbing has become a benchmark in the industry and while Clarke is proud of all that the company has accomplished, he acknowledges that he couldn’t have done it alone. Besides his incredible staff who represent the company so well every day, he credits his wife, Lindsay, for helping make it all possible behind the scenes. Creating a healthier way of living®

Congratulating Precision Plumbing on 15 Years in business.

Jerrod and Lindsay Clarke

“We have a fantastic employee base now, and even though Lindsay isn’t involved in the day-today operations, she is key to the business. She has sacrificed a lot and I don’t take that lightly,” he says. With a strong team forming the company’s foundation and the steadying support from home, Jerrod Clarke and Precision Plumbing is ready for whatever the next 15 years has in store.

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Premier Industrial Precision Plumbing Ltd. • 15 Years • 2

Ash Mahmoud, president of Cairo Development. Photo by YYC-Headshots.com

DEVELOPMENT THAT CONNECTS COMMUNITIES Written by John Hardy Published by Melissa Mitchell

n the Alberta construction sector, Cairo Development is a respected business success story, built on the three Rs. Relationships. Rapport. Reputation.

“Whether it is multi-family residential projects, development management, pre-construction management, construction management, construction consultancy or general contracting, our core focus is building relationships with our clients,” explains Ash Mahmoud, president of Cairo Development. “It is the key to always delivering first-class, value engineered construction services.” Page 1 • Cairo Development

Mahmoud’s 26 years of extensive development and construction experience has resulted in his involvement with completing more than 8,000 multi-family and commercial unit projects – ranging from mid-rise wood frame buildings to high-rise towers, townhomes and office to residential conversions. Cairo Development is acknowledged as a dynamic industry leader with past projects like The Fifth and the Cornerstone on 5 Street SW, and 10 multi-family projects currently under construction in Alberta including the River’s Edge on 8 Street SE, Kings Landing on 67 Ave SW, Ascent Canmore, Canmore Cascade, various projects in Edmonton and more. Avana Chappelle - Edmonton

He admits the real secret to Cairo’s design and development success and construction sector reputation is their highly skilled team members and network. “It’s not only what we do, but how we do it. Our skilled and experienced design, development, engineering, project management and construction team is exceptional. Much of the credit for Cairo’s achievements and reputation goes to our high quality and innovative industry-leading procurement network. It allows us to effectively source the best materials, the best equipment, and the most up-to-date and efficient resources necessary to meet the unique requirements of each Cairo project.” With years of Calgary construction and development savvy and experience, Mahmoud explains that, due to the transformational and hot Calgary real estate market, the popularity and demand for multifamily development in Calgary has never been stronger. He notes the trends and stats that for job opportunities in western Canada, especially in the Calgary area, many people move for the opportunities.

River’s Edge - 8th Street SE Calgary

Cairo Development • Page 2

“Calgary’s demographics are changing and the average age is getting younger. It is why more and more companies prefer the available

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talent pool in Calgary. And the younger demographics, as well as GenX and Baby Boomers, are increasingly opting for flexibility in housing, like multi-family rentals.” With tremendous development and real estate market expertise, Mahmoud is positive and enthusiastic, particularly about the Calgary market. According to recent Calgary real estate stats and trending, migration is fueling demand for Calgary rentals and housing in general, and the younger demographic population growth, driven by Alberta’s strong economy, is dramatically boosting demand for new multi-family housing in Calgary.

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Migration, growing demand, low availability, the popularity of rentals and other market trends are also a boost for Cairo Development. Alberta real estate trends and numbers underscore the strong market for multi-family development, and Calgary’s housing affordability is also a factor for the surging Calgary demand for multi-family homes. Now, more than ever, the dynamics of the Calgary real estate market are creating an exciting opportunity for Cairo Development The company is uniquely positioned and suited for the Calgary market demands, because efficient and innovative multi-family development is Cairo Development’s specialty and competitive edge. “Our multi-family expertise sets us apart from competitors, who usually do many types of construction,” he points out. The unique construction sector difference about being multi-family development specialists provides Cairo with tremendous understanding for what the client wants and expects. “It enables us to create, design and deliver the final product, on time and on budget.” But the Cairo Development bottom line is about more than the company’s solid business success. “We earn our reputation every day, with every project. Our client’s success is our success.”

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“Ultimately, it’s about Calgary!” Ash Mahmoud adds with passion. “We are proud that our projects play a key role in Calgary’s urban development and help drive Calgary’s economic growth. Most importantly, our focus is delivering first-class, value engineered construction services that connect communities.”

Calgary: Suite 306, 5940 MacLeod Tr. SW Edmonton: Suite 310, 11150 Jasper Ave. NW 587.328.6303 | info@cairodevelopment.ca

www.cairodevelopment.ca Cairo Development • Page 4

Photo by Riverwood Photography

Delivering

a Taste of Italy at Calgary Markets Written by Rennay Craats | Published by Brittany Fouquette

Lina’s Italian Group | Celebrating 30 years 85

or centuries, travellers have flocked to Italy to experience its incredible culture and even better food. Without leaving the city, Calgarians can be transported to an authentic Italian market simply by walking into one of the five Lina’s Italian Market locations across the city. It started when Lina Castle incorporated her experience working in delis and independent grocers with her Italian heritage to create her own store, Lina’s Italian Market, in 1994. The 800-square-foot Centre Street store brought the taste of Italy to Calgary with specialty products not available elsewhere and she attracted a loyal customer base that would drive across town for her authentic Italian goodies. “She focused on quality Italian products of course, but she also focused on great customer service and community building. That’s what we do today and that’s what we’ll always do,” says Matthew Rai, senior vice president of Lina’s Italian Group. While the founder retired and sold the business to a restaurant group in 2017, which in turn sold to local

entrepreneur Joe Dand in 2018, the current management team works hard to ensure the charm and high service levels that earned the market’s following for decades remains intact. They are clearly doing something right as Lina Castle has come back as a brand ambassador, training staff as the company expands. The company has expanded its brand significantly since opening the flagship store. With four new stores in five years, Lina’s can offer unique experiences and products that cater to each distinctive market and reflect the communities in which they are located. The first expansion location, the 16,000-square-foot Lina’s Italian Supermarcato, opened on 130th Avenue SE in 2020 to accommodate the huge number of customers who were travelling from south Calgary to shop at the

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Lina’s Italian Group | Celebrating 30 years | 2

Photo by Riverwood Photography

original location. On top of the imported grocery and deli items, the company added an espresso bar that serves Lina’s private label Italian coffee and creamy cappuccinos paired with sweet treats baked inhouse. It also introduced Enoteca, a wine shop that invites wine vendors and makers to come educate customers about their wines, all of which are available for purchase at the market. The market also invites customers to stop in for a bite and a visit. “Along with all the other grab-and-go meals and sandwiches that are made by retired chefs and Italian moms, we also have a commissary where we have Nonnas who produce great meals for us,” he says.

Lina’s Italian Group | Celebrating 30 years | 3

Next, Lina’s Italian Mercato opened in 2022 on Elbow Drive with the highlight being a quaint bistro, Lina’s Italian Cucina, that invites guests to experience amazing Italian dishes on Friday and Saturday nights. To create a truly memorable experience, this market location also hosts popular Chef’s Table events where Chef Giuseppe Di Gennaro prepares a four-course menu showcasing the cuisine from different Italian regions. In 2023, the company added a pizza hotspot within its Italian market with Lina’s Italian Piazza in Inglewood. Here, customers will find a LavAzza Organic Tierra Café, a salumeria offering amazing cured Italian meats, a pizzeria and dining space and a bakery department displaying trays full of cannoli, biscotti, panettone and tiramisu along with various tarts, cakes, pastries as well as breads and pizza dough. To take the market to another level, Lina’s introduced catering services out of this location so customers can commission authentic Italian food for their special events. For those who want to learn to cook like Italian chefs, the Inglewood space introduced Sapore Academy which offers amazing Italian cooking classes. Close on the heels of opening the Mercato, Lina’s launched the 25,000-square-foot Deerfoot City location in November 2023. This impressive space merges Italian eateries with an Italian supermarket with Lina’s Market Hall. “The Deerfoot City location is a true market hall, and the opportunities are endless. It’s a unique concept: an old food court that we’ve taken over where every station is a dedicated Italian fast food offering,” says Rai.

We would like to Congratulate Lina’s Italian Market on 30 years in business!

Lina’s Italian Group | Celebrating 30 years | 4

Photo by Riverwood Photography

Over the years, the company has truly grown from an intimate specialty store to multiple locations allowing customers to experience the best of Italian culture. Each market location has everything a budding Italian chef needs on the shelves available for delivery; Lina’s private label Sicilian olive oil provides the base on which they can build delicious meals by adding the market’s incredible produce, fresh and dry pasta, imported cheeses and cured meats. A customer favourite is Lina’s one-stop pizza station that allows customers to pick up everything they

need, from dough to sauce to toppings, to easily make authentic pizza at home. Meat is a big draw to Lina’s too, and old-school Italian butchers are there to serve up sausages, meatballs, restaurant grade beef, ham, chicken and kebabs, all but guaranteeing a great Italian meal at home. There is also an incredible selection of unique cured meats and Lina’s has made it even easier for customers to access all these imported offerings.

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With its new status, illy confirms its commitment to reaching its established targets for sustainability to create durable and shared value.

Best Wishes on your 30th Anniversary! Lina’s Italian Group | Celebrating 30 years | 5

“We’ve now opened up a distribution warehouse and we import directly from Europe. People can always find items that they recognize from being in Italy,” says Rai, with the market carrying everything from next-level Vacche Rosse parmesan cheese to Iberico ham to truffle salami. Even as Lina’s continues to grow and bring in more specialty imported items, the company remains committed to supporting local vendors as well; the markets offer a space for the best local producers to sell their wares. After all, Lina’s has always been about community and connection, taking pride in being a great place for people to come together. As such, Lina’s Italian Market is committed to giving back to the Calgary community that has supported it for the past 30 years. The company supports many worthy causes across the city including the Alberta Children’s Hospital Foundation, Calgary Meals on Wheels, The Alex, the Veteran’s Food Bank and Woods Home. “Our team is committed to giving back to the community by supporting local organizations and charities that make a

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Lina’s Italian Group | Celebrating 30 years | 6

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positive impact in the life of our community. At Lina’s Italian Market, we’re not just in the business of selling food, we’re in the business of building connections and making our community a better place to live,” says Rai. For 30 years, Lina’s Italian Market has become a cherished part of the community and it continues to reach new customers as it expands with additional locations offering unique experiences. Whether customers are looking for specialty items in the grocery aisles, picking up or sitting down to a prepared Italian meal, grabbing an espresso and pastry after shopping, learning a few culinary tricks in a class or finding unique gift ideas, the five Lina’s Italian Market locations proudly offer customers the whole Italian experience in Calgary.

Lina’s Italian Group | Celebrating 30 years | 8

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Lina’s Italian Market 2202 Centre St. NE 403.277.9166 Lina’s Italian Supermercato Bosa Foods Ad #100, 4916 130th Ave SE Business in Calgary Magazine 403.523.7713 January 2024 Issue

“Congratulations on 30 years of providing Calgary with high quality cuisine.”

Final size: 3.3125” x 4.75” (Quarter Page)

Lina’s Italian Mercato Revised November 27, 2023 - Revision 1 5108 Elbow Drive SW 403.454.8323 Lina’s Italian Piazza 1023 9 Ave SE 403.960.1007 Lina’s Italian Deerfoot City 5103 901 64th Ave NE 403.960.1012 www.linasmarket.com

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Lina’s Italian Group | Celebrating 30 years | 9

PARKER’S PEN // DAVID PARKER

Parker’s Pen BY DAVID PARKER

admit to being a man who can bear a grudge. Despite events like George Brookman’s Breakfast on the Peace Bridge fundraiser, I’ve yet to set foot on it.

I was mad when the design was offered to starchitect Santiago Calatrava without local architects being given a chance, and my first comment was, “I hope the city have a big maintenance budget to clean off the duck and pigeon poop with all that glass.” The project started off badly, only approved by a 7-6 vote in council it failed on several planned opening dates but welcomed crowds in March 2012. It is photographic but has anyone counted the costs since then on top of the $24.5 million? By 2016 repairs cost $152,000, then a new crosswalk, new LED lighting at around $700,000, followed by more replacement of panels and security measures. Now the bridge is open again after a million-dollar retrofit to hopefully stop vandals from smashing more panels. It is photographic – but I’m still mad.

And the Saddledome is equally an iconic symbol of the city – and we are planning on demolishing it.

Let’s hope 2024 will be a better ‘Buy Local’ year. It must have been frustrating for local architects to see the $40 million redesign of Olympic Plaza awarded by CMLC to three companies from Toronto and Montreal.

More taxpayers’ money flowing eastwards to join with another Toronto firm selected to design Arts Commons. Olympic Plaza was built in 1988 to host medal ceremonies for the ‘88 Winter Olympics, to a design by Calgary’s Gibbs Gage Architects (now known as GGA-Architecture). It has worked well over all of the years.

I’ve been having a weekly breakfast at Phil’s in Motel Village for many a year. Service is great – they watch for the car and coffee is on the table before I sit down and I’m asked, “Do you want the usual?” I remember the location back in the 1960s when founder Phil Tetrault opened his northwest pancake house. Last week I joined others at the 11th Avenue S.W. location and was delighted to find the same menu and the same friendly servers.

I’m flabbergasted by engineering/high tech marvels. I get in my car on a Saturday morning and my phone tells me it will only take 12 minutes to drive to Aquila Books. In Spain my rent-a-car told me to slow down because it was raining, cars can park themselves and steer along the highway. So, how come there’s no bright engineer capable of designing a shopping cart that can keep a straight line?

Final Words He’s a self-made man who worships his creator.

JANUARY 2024 // BUSINESS IN CALGARY // BUSINESSINCALGARY.COM

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