The Alberta Energy Company Ltd. was a Canadian independent petroleum company that existed from 1973 to 2002. The AEC was created by the Government of Alberta under Premier Peter Lougheed as a mechanism for Albertans to invest in the Syncrude oil sands project. Besides its participation in Syncrude, the AEC also received the rights to produce gas in the Suffield Block . The company was established as a mixed enterprise and at its inception was half owned by the provincial Crown and half owned by the public. A restrictive charter, which prevented individual shareholders from acquiring more than one percent of the company and mandated directors be residents of Alberta, ensured control remained within the province. Until 1982, the company was barred from participation in conventional oil and gas exploration, but after that time was given the right to compete with private companies in that area. In 1983 the government began to decrease its equity, and in 1993 divested of its remaining shares.
101-458: The AEC grew to become a global oil and gas producer and a highly profitable company. After Canadian Pacific Limited divested of PanCanadian Petroleum in the fall of 2001, AEC president Gwyn Morgan and PanCanadian chairman David P. O'Brien began negotiations for a merger. In April 2002 the two companies merged to create EnCana Corporation , which became the world's largest independent petroleum company. The Alberta Energy Company originated in
202-640: A satellite campus of the University of Alberta. Operating from the west wing of the Provincial Institute of Technology and Art , the Calgary University Committee was formed 1946, in an effort to lobby for separate permanent facilities for the branch campus. In July 1957, the University of Alberta signed a one dollar lease with the City of Calgary, for 121.4 hectares (300 acres) of land. In 1958,
303-470: A $ 427,785 grant from the Government of Canada to promote COVID-19 vaccine confidence and competence in communication and uptake among health professionals in training. On September 13, 2010, the University of Calgary opened its new downtown campus located at 8th Avenue and 8th Street S.W.. The building houses classes including Continuing Education, and energy & environment, as well as classes offered by
404-568: A $ 80 million profit. After the introduction of the National Energy Program (NEP) on 28 October 1980, the AEC lobbied the Alberta government to remove the restrictions on its exploration and production activities. Company executives argued that its limitations, combined with NEP policies, would force it to leave the province to be able to generate profit. In 1981, Lougheed lifted the proscriptions on
505-535: A bid to the Alberta government to construct an extraction plant. However, the government rejected the bids by Cities and Shell and instead approved the Great Canadian Oil Sands proposal. After the rejection, on 4 December 1964, the Cities group joined to form Syncrude Canada Ltd., whose first president was Frank Keller Spragins (1914–1978) of Imperial. The Syncrude group later resubmitted an application to build
606-579: A cost of $ 14.1 billion. Canadian Pacific Investments was created in 1962. CPI became Canadian Pacific Enterprises Limited in 1980 and merged into CP Limited in 1985. CP Ships commenced operations on April 28, 1891, when the first of its Empress ships started Trans-Pacific operations. It started Trans-Atlantic operations in 1903. With the diminishing role of ships as airlines took over transcontinental travel, CP Ships focused its operations to shipping goods. CP Ships began container shipping in 1964, with ships able to carry 12 containers. In 1984, CP co-founded
707-482: A fair price was $ 150 per acre. In August 1979, the AEC exercised its option to acquire a 20 per cent stake in Syncrude. It made this purchase for $ 570 million, and became the company's second largest shareholder behind Imperial, which held 25 per cent. However, two weeks after the acquisition, it sold half of its newly-acquired stake to a consortium of Petrofina and Hudson's Bay Oil and Gas for $ 365 million, thus netting
808-474: A joint Master of Business Administration/Master of Public Policy and a joint Juris Doctor/Master of Public Policy. The university also operates a satellite campus in the far northwest corner of Calgary on 85 Street N.W. The campus is home to the university's new Faculty of Veterinary Medicine, and the High-Density Library, a climate-controlled warehouse for books and other printed material for which there
909-449: A mixed-use, 200-acre community consisting of residential, office, retail and park spaces. As of 2021, a number of condominium and commercial buildings had been completed, with commercial development anchored by a major grocery store. The MacKimmie Complex and Professional Faculties Redevelopment Project is an ongoing multi-phase project to enhance the university's administrative and academic environments. The completed project will include
1010-450: A number of post-secondary rankings . The 2024 QS World University Rankings ranked the university 182 in the world, and eighth in Canada. In the 2022 Academic Ranking of World Universities rankings, the university ranked 151–200 in the world and 7–8 in Canada. The 2023 Times Higher Education World University Rankings ranked the university 201–250 in the world, and 8–10 in Canada. In
1111-470: A one undergraduate and graduate student appointed by their respective student association. In addition to members of the university community, the senate also includes nine members of the general public, appointed by the Alberta Minister of Advanced Education . In relation to its mandate, the university senate is also the governing body that authorizes issuance of honorary degrees. The university senate
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#17328586903891212-496: A plant, and in 1969 the proposal was approved by the government. By this time, Richfield had become Atlantic Richfield and Royalite had merged with British-American Oil to form Gulf Oil Canada . Over the next two years the project proceeded slowly. In the 1971 Alberta general election , the Progressive Conservative Association of Alberta , led by Peter Lougheed, won a majority of seats. The victory unseated
1313-401: A press conference to announce the plan. The new merged company would be called EnCana Corporation, a name Morgan conceived while cross-country skiing with his wife over Christmas. Both companies held votes on the merger on 4 April; PanCanadian shareholders voted 82 percent in favor, while AEC shareholders voted 91 per cent in favor. The following day, EnCana Corporation came into existence. Upon
1414-763: A stake in 1984 and later sold to AT&T Canada in 1984. Unitel disappeared into AT&T in 1993 and Rogers sold the rest by 1995. AT&T Canada was later sold by parent AT&T into an independent company, MTS Allstream . Telegraph operations within CNCP under AT&T Canada ended in 1999 and sold to Montreal-based Télégrame Plus, which in 2002 became iTelegram 's Canadian unit Telegrams Canada with head office in Toronto. Along with trains, CP also operated trucking operations as part of its land shipping operations. It acquired Dominion Express Company in 1882. It became Canadian Pacific Express Company in 1926. It operated independently from
1515-434: A statement on the AEC. In it he said, "we are convinced that there is a demonstrated need for an energy investment company whose control will always remain in the hands of Albertans. There is also a need to develop the basis for a continuing partnership between Albertans and their government, with the government providing the initial leadership in establishing such a company." The Alberta Energy Company Act , which established
1616-466: A video game library. Over 3.7 million printed volumes combined with online access to more than 300,000 full-text electronic journals and more than 800 electronic databases are available at the university. As of 2012, the library system is the eighth largest, by the number of volumes held, in Canada. In 2011–2012 the university library was rated 43rd in North America for Total Library Expenditures by
1717-467: Is accredited through Alberta's Post-Secondary Learning Act and is considered a "comprehensive academic and research university" (CARU). CARUs offer a range of academic and professional programs, which generally lead to undergraduate and graduate level credentials, and have a strong research focus. The University of Calgary's faculties are: Libraries and Cultural Resources (LCR) includes eight libraries, two art galleries, Archives and Special Collections,
1818-570: Is bounded by Crowchild Trail, 32 Avenue NW, Shaganappi Trail NW, and 24 Avenue N.W.. The architecture is defined by a combination of Brutalist and Postmodern buildings spread across campus, most of them built between 1960 and 1980. In 2016, the campus finished repurposing and renovating the Canadian Natural Resources Limited Engineering Complex situated within the Schulich School of Engineering. In 2017,
1919-531: Is chaired by the university chancellor. In addition to chairing the senate, the chancellor also presides over all degree-conferring ceremonies, and acts as the ambassador for the university. The university's support staff are represented by the Alberta Union of Provincial Employees , organized as Local 052 University of Calgary chapter. In October 2008, the University of Calgary was named one of "Canada's Top 100 Employers" by Mediacorp Canada Inc. Later that month,
2020-580: Is cross-appointed to the Faculty of Law. It is home to over 60 faculty and fellows. The school is organized into three policy areas: Economic and Social Policy, Energy and Environmental Policy, and International Policy. Since 2012 the school has offered a graduate degree program, the Master of Public Policy. The degree is structured as a 12-month program involving two semesters of classroom-based learning and one semester of project work. Other degree programs offered include
2121-591: Is home to the Nickle Galleries, formerly known as the Nickle Arts Museum, which features exhibits of contemporary art, as well as rugs, textiles, and numismatic items from its collections. Many events are also held there, ranging from tours to recorded talks. In celebration of the university's 50th anniversary, the University of Calgary launched the Taylor Institute for Teaching and Learning (TITL), which
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#17328586903892222-506: Is no longer storage room at the main library. In 2007, the University of Calgary established a campus in Doha , Qatar, the University of Calgary in Qatar (UCQ), which currently focuses upon nursing education. The University of Calgary in Qatar offers a flexible, innovative, Bachelor of Nursing (BN) degree to prepare students for the opportunities and challenges of a rewarding nursing career. Throughout
2323-563: The Association of Research Libraries . The library system at the University of Calgary has eight library locations in total: The Taylor Family Digital Library (TFDL) is a convergence of libraries, historical archives, arts museum, scholarly publishing, and student academic support services. The TFDL was officially launched on October 20, 2011. The TFDL allows the full re-engineering of the university's library system, creating more and better space for teaching and learning resources, while moving
2424-639: The Haskayne School of Business and the School of Public Policy. It also houses administrative offices for the Development and Alumni Engagement division and the main office of the University of Calgary Alumni association; beginning in 2020, however, most of these personnel were relocated to the Main Campus. It also includes a conference centre. At one point it also included a branch of the university library, but this
2525-560: The Social Credit Party , which had been in power since 1935. Whereas Social Credit had participated in the oil industry passively by collecting royalty payments from leases, Lougheed's Conservatives intended to invest and participate actively in the industry. One of the Lougheed government's first actions was to suspend construction of the Syncrude plant and to have his government draft a new policy on oil sands development. In August 1973,
2626-604: The University of Alberta , founded in 1908, prior to being instituted into a separate, autonomous university in 1966. It is composed of 14 faculties and over 85 research institutes and centres. The main campus is located in the northwest quadrant of the city near the Bow River and a smaller south campus is located in the city centre. The main campus houses most of the research facilities and works with provincial and federal research and regulatory agencies, several of which are housed next to
2727-510: The impact a university has on academic publications. In 2019, the Performance Ranking of Scientific Papers for World Universities ranked the university 132nd in the world, and seventh in Canada. The University Ranking by Academic Performance 2018–19 rankings placed the university 139th in the world, and seventh in Canada. Along with academic and research-based rankings, the university has also been ranked by publications that evaluate
2828-602: The 2022–23 U.S. News & World Report Best Global University Ranking , the university ranked 175th in the world, and seventh in Canada. Maclean's placed Calgary ninth in its 2023 Canadian medical-doctoral universities rankings. The university was ranked in spite of having opted out — along with several other universities in Canada — of participating in Maclean's graduate survey since 2006. The university's research performance has been noted in several bibliometric university rankings, which uses citation analysis to evaluates
2929-523: The AEC acquired the full 20 percent stake in Syncrude, only 10 percent would actually belong to the Albertan public, while 80 percent of the profits would go to the four American-controlled companies that made up the rest of the consortium. At a conference at the University of Calgary held by the Committee on Socialist Studies, Notley called the project "the most gigantic sellout in the history of Canada" and told
3030-558: The AEC and the company began operations. The first office was established on the tenth floor of the Aquitaine Tower in Calgary. The company's first annual general meeting took place in June of that year. However, as the government was still the sole shareholder, the meeting was closed. The AEC was capitalised at $ 150 million in 15 million shares. The initial share offering was held off for most of
3131-491: The AEC, however, he continued to deny it the right to acquire private companies. In defiance of this order, in June 1982, the AEC purchased for $ 168 million a majority stake in the Edmonton-based Chieftain Development Ltd. Chieftain had been founded in 1964 by AEC director Stanley A. Milner, who at the time was still the company's president. The acquisition prompted a furor in the province. Despite this,
Alberta Energy Company - Misplaced Pages Continue
3232-458: The AEC. In April 1978, the provincial government sold the AEC production rights to the Primrose Lake block. Similar to Suffield, the province owned the mineral rights while it leased the surface rights to the federal government for use as an air weapons range, part of CFB Cold Lake . The AEC paid $ 45 per acre for the 1.25 million acres. Private industry again complained about the sale, claiming
3333-600: The Alberta Energy Company Act. In November 1993, David Mitchell announced that he would retire from the presidency at the end of the year. Upon his retirement, he would remain a director and would be appointed chairman of the board. Mitchell's replacement was Gwyn Morgan, an engineer who had joined the AEC in October 1975. At the time of his appointment, Morgan was a senior vice-president of the company. Mitchell's departure coincided with end of government participation in
3434-452: The American company Lykes Lines were acquired in 1997. In 1998, acquisitions of Ivaran (which was not retained as a separate brand) and Australia New Zealand Direct Line were completed. TMM (Transportacion Maritima Mexicana), also known as Linea Mexicana, and CCAL (which was not retained as a separate brand) were acquired in 2000. In 2002, CP Ships acquired Italia Line, which used to be owned by
3535-629: The Canadian Pacific Limited name. Canadian Pacific Limited's non-railway operations also became subsidiaries of the new Canadian Pacific Limited, leaving the Canadian Pacific Railway Company with the railway operations. In 2001, Canadian Pacific Limited completed the corporate spin-off of its 5 remaining subsidiaries. The CPR built hotels along its railway routes across Canada. The first hotels were originally built in 1886 primarily to provide meal service for passengers in
3636-414: The Lougheed government declined to intervene and claimed ex post facto that the proscription on acquisitions applied only to hostile takeovers. In July 1988, the AEC acquired the remainder of Chieftain stock and merged the latter's operations into its own. The 1982 Chieftain purchase prompted the AEC to make a share offering, with the aim of raising capital to reduce debt. As the company's charter required
3737-833: The Main Campus. This site became known as the Health Sciences Campus, with subsequent additions being the Heritage Medical Building (opened 1987), the Health Research Innovation Centre and the Teaching, Research and Wellness building. The Snyder Institute for Chronic Diseases is also housed there, and after an interruption of several years and in light of the COVID-19 pandemic reopened in November 2020 its Biosafety level 3 laboratory . The university received
3838-609: The Railway with charges being assessed between companies for work done. It later became CP Express and Transport in a merger of trucking operations including Smith Transport, with extensive highway routes throughout Canada and into the United States. Changes brought on by deregulation caused great difficulties for all major trucking companies in Canada and eventually employees bought out CP in 1994 to form Interlink Freight Systems. However, competition from non-union companies and owner-operators
3939-1108: The Rocky Mountains where railway grades were too severe to justify the operation of Dining Cars. CPR's hotel network later expanded to include the Château Frontenac in Quebec City, Quebec , Chateau Lake Louise on Lake Louise in Alberta , the Banff Springs Hotel in Banff, Alberta , The Empress in Victoria, British Columbia , the Royal York in Toronto , Ontario , and The Algonquin in St. Andrews, New Brunswick among others. In 2001, CPR acquired U.S. hotelier Fairmont (est. 1907) and merged it with CP Hotels to form Fairmont Hotels and Resorts . In some of
4040-453: The Syncrude project. In 1957, Cities Service Oil Company of Bartlesville, Oklahoma established a Canadian subsidiary, Cities Service Athabasca Inc., to produce heavy oil in the Athabasca oil sands . The company opened a test plant at Mildred Lake and began strip mining bitumen. In the early 1960s, Cities Athabasca partnered with Imperial Oil , Royalite Oil , and Richfield Oil and submitted
4141-408: The United States. Canadian Pacific Limited Canadian Pacific Limited was created in 1971 to own properties formerly owned by Canadian Pacific Railway (CPR), a transportation and mining giant in Canada. In October 2001, CPR completed the corporate spin-offs of each of the remaining businesses it had not sold, including Canadian Pacific Railway Limited . Canadian Pacific Railway Company
Alberta Energy Company - Misplaced Pages Continue
4242-580: The University of Alberta changed the name of the branch campus to the "University of Alberta in Calgary," and unveiled plans for new permanent facilities on the leased land. The new campus opened its first permanent facilities in October 1960, the Arts and Education Building (presently the Administration Building), and the Science and Engineering Building (presently Science A). In May 1965, the satellite campus
4343-435: The University of Calgary Copyright Office, Research Data Centre and the University of Calgary Press. MacKimmie library was the first library to open at the University of Calgary in 1966. Since then, five different library branches have been opened in order to provide students with a greater amount of literary choice in many subjects. In addition, the University of Calgary has the first library system in North America to contain
4444-459: The University of Calgary Teaching Award and the PURE Awards for undergraduate research. The University of Calgary announced in 2010 the creation of a dedicated university-based incubator to provide working space and laboratory access for university spin-offs. The resulting incubator , known as Innovate Calgary, is based out of the 170,000-square-foot Alastair Ross Technology Centre located within
4545-610: The University of Calgary in 1966. The University of Calgary played a central role in facilitating and hosting Canada's first winter olympic games, the XV Olympic Winter Games in 1988 . In May 2001, the University of Calgary tartan was accredited in a ceremony presided over by the president of the Scottish Tartans Society , and the director of the Register of All Publicly Known Tartans . The accreditation ceremony for
4646-639: The University of Calgary, donated $ 25 million in December, 2006 to help build the new digital library. In recognition of the gift, the board of governors of the university named the library the Taylor Family Digital Library (TFDL). In addition, the gift will also be used to create the Taylor Quadrangle, a green space in the centre of campus adjacent to the TFDL. The Taylor Family Digital Library
4747-661: The audience that, were he premier, he would renegotiate the deal. When the legislature reconvened on 10 October, Notley asked Lougheed, "has the government considered the feasibility of developing a totally Canadian-owned plant in the tar sands owned by the Alberta Energy Company in partnership with the Canada Development Corporation ?" On 7 December 1973 in the Alberta Legislature, Don Getty, Minister for Federal and Intergovernmental Affairs, delivered
4848-462: The board; government nominees to the board would be for a minority of seats; the board would retain full control over the appointment of officers; and the company was expected to generate good financial results for its shareholders. Finally, the AEC was forbidden "to engage in exploration in the conventional oil and gas industry in Alberta." At the end of 1974, Mitchell resigned the presidency of Great Plains. In January 1975, he assumed his new role with
4949-463: The breakup. PanCanadian's new independence from Canadian Pacific left it vulnerable to an American takeover. On Tuesday, 16 October 2001, Morgan placed a telephone call to O'Brien, who remained PanCanadian's chairman after the breakup, and opened negotiations for a merger. The plan, called "Operation Zebra," would see the two companies come together to form a massive independent, invulnerable to takeover. On Sunday, 27 January 2002, Morgan and O'Brien held
5050-534: The campus such as the Geological Survey of Canada . The main campus covers approximately 200 hectares (490 acres). A member of the U15 , the University of Calgary is also one of Canada's top research universities (based on the number of Canada Research Chairs ). The university has a sponsored research revenue of $ 380.4 million, with total revenues exceeding $ 1.2 billion. The university maintains close ties to
5151-549: The case in light of its new sexual assault policy. The decision to have Neurauter's sentence delayed in order for him to attend has also received criticism. In 2007, the University of Calgary, in partnership with the City of Calgary, began work on the West Campus Development Project through the West Campus Development Trust. As the lead developer for University District, the trust will oversee
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#17328586903895252-477: The company's first year due to poor overall conditions in the marked. In November 1975, the AEC sold its first offering. The offer comprised 7.5 million shares at $ 10 per; the government retained its 50 per cent holding. The company gave a two-week priority period from the 7th to 14th during which time only Alberta residents were allowed to purchase, and the sales were done on the Alberta Stock Exchange . At
5353-432: The company's shares. The nine directors elected to the first board were Mathew M. Baldwin , Edward A. Galvin, M. Earl Lomas, Peter L. Macdonnell, John E. Maybin, Stanley A. Milner , Raymond J. Nelson, Gordon H. Sissons, and J. Harry Tims. All except Maybin, whose residence was Toronto, lived in Alberta. On 9 October 1974, the board appointed David Edward Mitchell (1926–2010) as the company's first president. Prior to taking
5454-406: The company, and Morgan would lead the company in its new fully-public configuration. During 1995, the company drilled 235 new wells with an 84 per cent success rate. That year, oil production increased 36 percent while total liquids production increased 15 percent. In December 1995, the AEC put out an offer to acquire all shares of Conwest Exploration Company Ltd. The acquisition, worth $ 1.1 billion,
5555-523: The company, received royal assent on 6 June 1974. As the AEC was created to provide a vehicle for Albertan ownership of the oil industry, the Act included strict provisions to keep control of the company within the province. These included a stipulation that three-quarters of company's directors had to be Alberta residents, and prevented any entity besides the Government of Alberta from owning more than one percent of
5656-456: The company. The expected profit of $ 274 million would be used to help pay down the $ 19.8 billion provincial debt. In response to the decision, NDP leader Ray Martin described the move as "like mortgaging your house to pay off your credit cards." Premier Ralph Klein denied that the move was to help improve the province's financial position in advance of the 1993 Alberta general election held on 15 June. On 14 October, legislation passed to repeal
5757-527: The construction of new classrooms, centralized student services, student study space, and expanded academic research space. The new block also serves as the home for the Hunter Hub for Entrepreneurial Thinking. Initial funding for project design and planning was announced in April 2016 by the Government of Alberta . On March 23, 2017, an additional amount of $ 262.8M was announced by the Government to be allocated over
5858-445: The container shipping company Canada Maritime. It acquired full ownership in 1993. CP Ships' growth strategy was to acquire different shipping lines and integrate them into a company composed of many small sectors. Until the end of their history right before they were bought by Hapag Lloyd, almost all the acquisitions were retained as separate brands. CAST (Canadian Atlantic Sea Transport) was acquired in 1995. Contship Containerlines and
5959-422: The creation of the new company, Morgan assumed the presidency while O'Brien was elected chairman of the board. The executive ranks drew mostly from the AEC. By the fall of 2005, EnCana had become the largest company in the country by market capitalisation. Morgan stepped down from the presidency at the end of 2005, while O'Brien remained chairman until 2013. In early 2020, Encana was renamed Ovintiv and relocated to
6060-458: The development of the lands adjacent to the main campus, formerly known as the West Campus lands. The primary goal of the trust is to manage the transforming of previously unused University lands, with the ultimate aim to generate a financial return on investment for the university's academic mission. Once completed, University District, situated between the university and Shaganappi Trail, will be
6161-468: The early 20th century, professional education expanded beyond theology , law and medicine . Graduate training based on the German-inspired American model of specialized course work and the completion of a research thesis was introduced. The university's first president, Herbert Stoker Armstrong, held a strong belief that "although the university is accountable to the society that supports it,
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#17328586903896262-478: The employment prospects of its graduates. In QS's 2022 graduate employability ranking, the university ranked 131–140 in the world, and seventh in Canada. The university grounds lie about 10 kilometres (6.2 mi) northwest of Downtown Calgary , and immediately south of the neighbourhood of Varsity . The University of Calgary campus occupies 213 hectares (530 acres) or 2.13 km (0.82 sq mi), an area larger than Calgary's entire downtown. The campus
6363-570: The end of the period, purchasing rights were extended beyond the province and trading began on the Toronto Stock Exchange , Montreal Stock Exchange , and Vancouver Stock Exchange . Initially, Members of the Legislative Assembly of Alberta were forbidden from owning stock in the company. However, on 19 November 1975, the company charter was amended to allow MLAs to acquire stock. By 1979, 18 of 29 cabinet ministers were shareholders in
6464-569: The former CP Hotels, CP retained stores selling CPR-related items under the banner "CP Store". The flagship division of Canadian Pacific, the Canadian Pacific Railway began as a private tender to build a railway line connecting eastern Canada to the Pacific. Formed by a group of businessmen, the company was formally established in May 1881 under President George Stephen . The CPR was completed under
6565-420: The future. From this location, it is possible to see the entire university and also Downtown Calgary . The University of Calgary Board of Governors chose to launch a medical school in the late 1960s, with the first tangible building to house this endeavor being the Health Sciences Building, which opened in 1972. The Health Sciences Building shared a site with the Foothills Medical Centre some distance south of
6666-407: The government holding in the company to drop below 50 per cent, the act establishing the AEC had to be amended. On 6 June 1983, the original act was changed to allow the province to dispose of shares as approved. By 1993, the Government of Alberta's equity in the AEC had dropped to 36 per cent. In April of the year, Provincial Treasurer Jim Dinning announced the government would sell its holdings in
6767-544: The government met with representatives from Syncrude and its four partners to discuss the terms under which the government would allow the project to proceed. The first meeting, between company vice-presidents and cabinet ministers was led by Don Getty , and ended with the government group walking out. The second meeting was between Lougheed and the five company presidents: Spragins of Syncrude, Jerry McAfee of Gulf, Jack Armstrong of Imperial, Gordon Sellars of Cities, and Robert Anderson of Atlantic Richfield. Lougheed's terms for
6868-417: The government of Ecuador to build a 450,000-barrels-per-day export pipeline. In 2000 it engaged in exploration activities in the Arctic, off the west coast of Africa, the northwest coast of Australia, and in the Caspian Sea off Azerbaijan. The company also had interests in the Alaska Foothills, Alaska North Slope, and MacKenzie Delta. The genesis of the Alberta Energy Company's merger with PanCanadian Petroleum
6969-458: The government revealed the full plan for the AEC. To increase the viability of the company, the province would sell it the natural gas reserves in the Suffield Block, which hitherto had been off-limits for petroleum exploration. The Suffield sale was especially complicated, as the province owned the mineral rights, while the federal government owned the surface rights and leased the land to the British Army for use as CFB Suffield . The AEC purchased
7070-422: The government to maintain a minimum 50 per cent stake in the company, the government would be required to purchase half of the new offering. However, by the 1980s, the government had begun to shift its position on state participation in the economy. Following the 1982 Alberta general election in November, in early December, the government announced it would not purchase its half of the forthcoming offering. To allow
7171-408: The government's Finmare Group and was owned by D'amico at the time of purchase. CP Ships was spun off as a separate entity from CP in 2001, and acquired by Hapag-Lloyd in 2005. University of Calgary The University of Calgary ( U of C or UCalgary ) is a public research university located in Calgary , Alberta, Canada. The University of Calgary started in 1944 as the Calgary branch of
7272-665: The innovation research park. The research park is adjacent to the primary main campus and is open to any university-linked entrepreneurs. Opportunity Calgary Investment Fund (OCIF) donated over $ 8.5M to help provide programs and support for university linked startups. In addition to providing startup programs and services, Innovate Calgary also operates as the tech transfer office for the university by providing Intellectual property (IP) support and services. Innovate Calgary has an informal partnership with Creative Destruction Lab (CDL) to identify and support regional startups with demonstrated potential. The University of Calgary has ranked in
7373-457: The leadership of American William Cornelius Van Horne . Along with railways, CPR also established telegraph operations to allow communications to remote areas. It was established as CPR Telegraph Company in 1894. It became CNCP Telecommunications in 1967 (co-owned with rival Canadian National Railway ). It became Unitel Communications Incorporated (now Allstream Inc. ) in 1990. Prior to the name change to Unitel, Rogers Communications acquired
7474-454: The location when the university was opened. Together, they form a considerable amount of tree canopies which add a more natural feeling to the campus. In 1995, the Province of Alberta gave the University of Calgary a large tract of land west of the Main Campus with the understanding it would be used in the future to advance the university's mission, vision, values and priorities. About a third of
7575-405: The majority of the University of Calgary's growing collection off campus to a high-density library. In addition, The TFDL offers books and online resources, a large Learning Commons with café, workrooms, film and audio rooms, editing and recording suites, multimedia labs, quiet study areas, and seminar and consultation space for academic growth. Don and Ruth Taylor (couple), longtime supporters of
7676-594: The next four years for the MacKimmie Complex and Professional Faculties Building Redevelopment. The governance of the University of Calgary is conducted through a board of governors and a senate. The role of the board of governors and the senate is governed under the Post Secondary Learning Act , a provincial act of the Legislative Assembly of Alberta. The board of governors is responsible for
7777-912: The petroleum and geoscience industry through the Department of Geosciences and the Schulich School of Engineering . The university also maintains several other departments and faculties, including the Cumming School of Medicine , the Faculty of Arts , the School of Public Policy, the Faculty of Law , and the Haskayne School of Business . Notable former students include Canadian Prime Minister Stephen Harper , Java programming language creator James Gosling , Uber co-founder Garrett Camp , astronaut Robert Thirsk , and Lululemon Athletica founder Chip Wilson . The university has produced over 170,000 alumni who reside in 152 countries. The University of Calgary
7878-523: The position, Mitchell was president of the Great Plains Development Company of Canada, a subsidiary of Burmah Oil . Upon his appointment, Mitchell received a letter of understanding from Premier Lougheed that outlined the relationship between the government and the company. In the letter, Lougheed explained that the government would not play a role in the company's operations; neither civil servants nor politicians would be allowed seats on
7979-412: The project were: The new corporation, the Alberta Energy Company, would be owned 50 percent by the provincial government and 50 percent by the public. The Syncrude group agreed grudgingly to the terms, and on Tuesday, 18 September 1973, the government incorporated the Alberta Energy Company. The following day, Lougheed gave a province-wide television address to announce the plan. Over the following months,
8080-418: The rights for $ 54 million, which the private sector argued was below value. Further, the AEC had to ensure exploration and production was farmed out to private industry. After the announcement of the plan, Alberta New Democratic Party leader Grant Notley inveighed the proposal for what he believed was its failure to keep the profits from the oil sands in the hands of Albertans. Notley reiterated that even if
8181-492: The size of downtown Calgary, the land overlooks the Bow River valley and covers 80 hectares (198 acres) east of Shaganappi Trail between 16th Avenue (TransCanada Highway) and 32 Avenue N.W. The western campus lies on mostly hilly terrain, near the Bow River. It is adjacent to the main campus of the university, and is home to the Alberta Children's Hospital and Child Development Centre. With the recent boost in annual funding,
8282-476: The university and the wider community. The university's senate is made up of 62 members of the alumni association, academic staff, the student body, and the general public, as identified by the Post-Secondary Learning Act . Members of the senate include various members of the university community, including the university president, the chief academic officer of student affairs, academic staff, as well
8383-461: The university has begun a development plan in order to make better use of the remaining space. Dubbed the University District, the area is to include a mixture of residential and commercial development. Part of the West Campus was leased for the new Alberta Children's Hospital and a new Ronald McDonald House. Currently, the campus is only halfway developed and is considered building room for
8484-444: The university has recently started on rehabilitating the aging MacKimmie Complex. The main campus is connected to Calgary's C-Train light-rail system at University Station . A large park is built in the centre of the main campus, and is home to several specially commissioned sculptures. In addition, a pond surrounded by benches and an open field is available. The park contains old oak trees which were specially transplanted to
8585-574: The university must insist on playing a leadership role in intellectual matters if it is to be worthy of the name." During the late 1960s, the University of Calgary's campus expanded dramatically with new buildings for engineering and science, the opening of the new University Theatre in Calgary Hall and, in 1971, the launch of the program in architecture . In addition, the Banff Centre (originally known as The Banff School of Fine Arts) affiliated with
8686-499: The university was also named one of Alberta's Top Employers. The university offers 250 programs in post-secondary education awarding bachelors , masters , and doctorate ( PhD ) degrees. The University of Calgary has developed a wide range of undergraduate and graduate programs. The campus has an area of 200 hectares (490 acres) and hosts 14 faculties, 55 departments and 85 research institutes and centre (see Canadian university scientific research organizations ). The university
8787-499: The university's conduct, management, and control of the university and its property, revenues, business, and other affairs. Members of the board of governors include the chancellor of the university, the university president, two alumni nominated by the alumni association, a member of the university senate, nine members of the general public, as well as three students, and three staff members nominated by their respective associations. The University Senate acts as an outreach body between
8888-487: The university's tartan was the first to take place in Canada. Use of the black, red, and gold tartan is limited to formal ceremonies, convocations, and a small number of items sold by the university. The tartan is also used by the university's pipe band . The school was the target of a ransomware attack in 2016. The university paid a $ 20,000 ransom to the cyber criminals. The FBI charged the alleged Iranian hackers in 2018. On January 4, 2018, 21-year-old Connor Neurauter
8989-527: The week of January 8. On January 9, a petition on change.org was started and as of January 12, had obtained over 65,000 signatures calling for the University of Calgary to expel him. The University of Calgary released a statement on January 11 stating they had no plans to expel Neurauter, but saying he had been advised to stay off campus for the remainder of the semester and that he would be escorted off campus if he appeared. The university received criticism for its decision to not expel Neurauter and its handling of
9090-568: Was built on the site of the former Nickle Arts Museum. The building was constructed as a two-storey, 4,000 m environmentally sustainable building to accommodate the increasing the needs of the university. It features advanced teaching technology tools, mock classrooms, a simulation centre for teaching, public lecture space, and multipurpose facilities. The TITL provides education and teaching workshops and events for teachers and students to attend and further refine their educational goals. The institute also confers several awards and grants, including
9191-616: Was changed in June 1968 to CP Air, then sold in 1987 to Canadian Airlines International , flying as Canadian. The airline was acquired by Air Canada in the summer of 2000. In 1883, a CPR crew accidentally discovered natural gas near Medicine Hat, Alberta . In 1912, CPR set up its Department of Natural Resources in Calgary to manage its timber, oil, gas, and mineral rights as well as land sales and immigration and colonization activities. In 1958, CP created Canadian Pacific Oil and Gas Company (CPOG) to manage its oil, gas, and mineral rights. CPOG
9292-488: Was decommissioned and converted into additional student study space in 2016. The University of Alberta currently houses its MSc Physical Therapy – Calgary program in this building. The School of Public Policy is an institute at the University of Calgary and was founded in 2008 and now based out of the Downtown Campus. The school is devoted to public policy research and education, and is led by economist Dr. Jack Mintz who
9393-478: Was established in 1966, but its roots date back more than half a century earlier to the establishment of the Normal School in Calgary in 1905. The Alberta Normal School was established in Calgary to train primary and secondary school teachers in the new province. The Calgary Normal School was absorbed by the University of Alberta 's Faculty of Education in 1945, and operated as a part of its Calgary branch campus,
9494-496: Was granted academic and financial autonomy from the University of Alberta. In the following year, in April 1966, the institution was formally made into an independent university, with the passage of the Universities Act by the Legislative Assembly of Alberta . The university was modelled on the American state university (similar to the University of Alberta), with an emphasis on extension work and applied research. The governance
9595-420: Was incorporated on February 16, 1881, to build a railway linking British Columbia with Ontario and Quebec. On July 5, 1971, the Canadian Pacific Railway Company was renamed Canadian Pacific Limited, reflecting the fact that for years it had been a diversified company. On July 4, 1996, as part of a corporate reorganization, the Canadian Pacific Railway Company became a subsidiary of a new company that assumed
9696-503: Was merged with Central-Del Rio Oils to form PanCanadian Energy in 1971, to expand CP portfolio into energy exploration. PanCanadian was spun off by CP in 2002 and later merged with Alberta Energy Corporation to form EnCana (now Ovintiv ). Fording Coal, a coal mining company formed by CP, was also spun off in 2002 and operated as Fording Canadian Coal Trust . On July 29, 2008, Teck Cominco Ltd. (now Teck Resources ) announced an agreement with Fording to purchase 100% of Fording's assets at
9797-444: Was modelled on the provincial University of Toronto Act of 1906 which established a bicameral system of university government consisting of a senate (faculty), responsible for academic policy, and a board of governors (citizens) exercising exclusive control over financial policy and having formal authority in all other matters. The president, appointed by the board, was a link between the bodies to perform institutional leadership. In
9898-572: Was relentless, this and other difficulties on the US side finally brought about its demise. Operations ceased in July 1997. CP Ships trucking is known as "C Truck". CP purchased ten "bush plane" companies in the early 1940s and merged them to establish Canadian Pacific Air Lines in 1942 to service western Canada and the Far East routes. The airline provided passenger and parcel service to remote areas in Canada. The name
9999-451: Was sentenced to 90 days in jail and two years probation, and had to register as a sex offender in Kamloops, B.C . It was then revealed that Neurauter would not serve his sentence until May 2018, in order to allow him to finish his semester at the University of Calgary. On January 6, the University of Calgary said that they were "reviewing the situation" and he had been advised to not be on campus
10100-504: Was the decision in the fall of 2000 by Canadian Pacific Limited to break up its holdings. The confidential plan, named "Operation Drummond," was approved by the company's president and chairman David P. O'Brien. Consequently, CPL's 87 per cent equity in PanCanadian would be sold off. On 13 February 2001, O'Brien announced the plan to the public. On Wednesday, 26 September 2001, shareholders of Canadian Pacific and PanCanadian voted in favor of
10201-628: Was the largest in the company's history, and when completed on 10 January 1996, made the AEC the second largest independent petroleum company in Canada. After the deal was completed, Morgan reorganised the company into three separate regional divisions. The AEC became a global producer in the late 1990s. In 1999, it acquired Pacalta Resources Ltd. and began exploration work in the Oriente Basin in Ecuador. The company also formed an agreement in February 2001 with
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