• SHS/SHC Companies no longer active
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  • SHS/SHC Companies no longer active
  • SHS/SHC Companies no longer active
  • SHS/SHC Companies no longer active
SHS/SHC Companies no longer active1 SHS/SHC Companies no longer active2 SHS/SHC Companies no longer active3 SHS/SHC Companies no longer active4 SHS/SHC Companies no longer active5 SHS/SHC Companies no longer active6

Standens of Calgary

Note! In 2104, the IMT Corporation acquired Standens of Calgary. There is no suggestion that IMT are, or have been, associated in any way with Standens Hospitality Services, Standens Condominium Services or any of the Gerald Lockey associated companies.

Standens (now IMT Standens) are an Engineering Company based in Calgary and specialising in the manufacture of leaf springs, automotive axles, agricultural products, stabiliser bars etc. Established in the early 1920’s by a young entrepreneur, Cyril Standen, a blacksmith apprentice, chucking away on his anvil, making whatever was needed in the market. One of the first products was a stiffener plate for cowboy boots. He had this blacksmith forge and someone had a broken spring that needed repair. Next thing you know, he was spending more time repairing springs than making other things. Over 96 years, Standens have grown to become a major OEM supplier to most automotive and agricultural manufacturers throughout North America and from 2006 in China with a factory there. At first sight there is absolutely no synergy between an engineering activity on the one hand and condominium hospitality management on the other.

Standens Hospitality Services

Standens Hospitality Services (called Standens Condominium Services in 2010) managed the Windtower from 2004 to 2012. It is a venture that Standens made into the real estate market backed up by a whole raft of associated companies. It did not feature on the Company website at all, it existed in name only as a totally separate cost centre, being administered on a day to day basis by Alain Latulippe, the Managing Director of SHS/SCS as General Manager of the Windtower. This is their PUBLICITY FLYER.

Because of the apparently odd connection between condominium management and a heavy industry engineering company, it was only natural to explore further and find out more about this. The Government of Alberta has a SPIN2 information system or Authorised Registry Agents that will supply information on company ownership etc. So after a bit of searching we discovered a whole raft of Companies related to SHS and the Windtower, see illustration. For a more detailed summary, CLICK HERE. We did not know the trading position of any of these entities but the general relationships are shown above. The guiding light behind these was Gerald Lockey, Financial Director at Standens who clearly used the financial cloak of his office to set this lot up. Why?.......we don’t know, empire building maybe that fell flat in the end. Along with Alain Latulippe he treated the Windtower as his own personal piggy bank and exercised a total disregard of the Alberta Condominium Act. We will outline in subsequent pages how all this affected life at the Windtower and how disappointing the Condominium Board was in recognising this and exercising some control on behalf of Owners.

Gerald Lockey

The Windtower has Vacation apartments as well as owner Residential apartments. The Vacation apartments are essentially the ‘Hotel’ side of the business with Vacation owners only able to access their apartments fpr a limited period each year, the rest of the time being administered by the ‘Hotel’ so acting as income sources for both Hotel and Vacation apartment owners. Condo units were sold in 2002 and the Vacation units were popular, the Residential units less so. The Condominium Corporation (Windtower Mountain Lodge) instituted a buy-back deal offer on the Vacation apartments with the promise of a good deal to purchase a Residential unit. Several owners took advantage of this deal which resulted in Gerald Lockey purchasing a number of these for his own company CHIR CHAS Ltd. (Standens Hospitality Investment Rentals – Condominium, Hotel and Suites?) In total CHIR CHAS and CCPI had ownership of 35 Vacation units out of 54 useable apartments on the 1st and 2nd floors.With ‘ownership’ of 35 Vacation units and a couple of Residential units gave Gerald Lockey a massive block vote at AGM’s to enable him to do virtually anything he wanted to make sure things always went his way and also to vote his ‘own people’ onto the Board despite major concerns from other owners. The concern here was whether or not, as an officer of the Corporation, he has vested interests in issues voted on at an AGM. A reply from Macleod Dixon (lawyers) suggested that it was possible to characterise such voting as ‘improper conduct’ in certain circumstances under Section 67 of the Condo act. Inevitably this majority stake led to an abuse of power and in 2012 some fraudulent and illegal behaviour was uncovered in his activities once he had resigned from Standens. In September 2012 he was subject to an affidavit to recover misappropriated funds, the repatriation of which was settled out of court by Standens. The Standens and Lockey Vacation units were then sold off to a Chinese outfit...........thereby creating yet another block vote situation for Windtower owners! Clearly not the type of situation that the Windtower property owners would vote for.