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| Archive | Send to a Friend | www.boma.bc.ca | BOMA Marketbase | |||||||||||||||||||||||||||
| December 13, 2018 | |||||||||||||||||||||||||||
 Association News
We didn't think the Christmas Luncheon could get any larger but we smashed last year's record, with a whopping 875 people! The theme was Candy Cane Lane - our own take on the movie Elf.
  
Regulatory NewsThe BC Fire Code 2018 is effective December 10, 2018. The BC Fire Code is based substantially on the model National Fire Code of Canada. The National Fire Code 2015 adopted 77 technical code changes and BC adopted most of them into the BC Fire Code 2018.
The maximum total fees for garbage (0 to 1 tonne, 1 to 9 tonnes) provided in Metro Vancouver's November 6 notice did not include the $5 per load transaction fee. This is clarified in the 2019 Tipping Fee Changes Notice.
Government AffairsBOMA BC sent a letter to the City of Vancouver outlining a request for the city to consider a shift in the property tax fixed levy. View letter here.
The BOMA Victoria Chapter has been leading discussions with the City of Victoria and the Municipality of Saanich to create BC’s first 2030 Resiliency District, where participants would commit to reducing their energy consumption by 50% by 2030 from 2003 levels. We hope to have more information to share in 2019.
BOMA met with other business associations to discuss the issue of property taxes and to brainstorm some potential solutions that will positively affect the business community. The province (or Minister of Municipal Affairs and Housing, Hon. Selina Robinson), has initiated a review of the local development approval process. This review will generate potential solutions or opportunities to address efficiency and effectiveness of the development approvals process.
The City of Vancouver is looking for the help of BOMA’s members in spreading the word about a business survey currently underway (closes December 31, 2018). The survey is part of a review of Vancouver’s employment lands and economy. This review will help develop a plan to ensure local businesses have enough land and floor space to support the growth of our economy.
Events & Education
In November, BOMA TNP (networking group for 40ish and under) went on a sold-out tour to Resurrection Spirits, Parallel 49 and Strathcona Beer Company. The coaches and guide were provided by Canadian Craft Tours.
Four industry leaders will share their stories of how they got to where they are today. The February 7 session also includes a wine and cheese reception. If you would like to add colleagues to the TNP email list, please send their name and work email address to sjones@boma.bc.ca.
Good to KnowThe BOMA Canada Resilience Brief is a tool to help building owners and managers begin to consider resilience and the potential risks imposed by extreme weather events. Following the disastrous 2016 Fort McMurray wildfires and the 2018 New Brunswick and Toronto floods, industry visionaries, led by BOMA Canada, published the first Resilience Brief. The latest version has the most up to date knowledge of resilience. Consulting this brief will assist you to better understand the risk imposed and possible adaptation strategies to protect assets and occupants. Source: WorkSafe BC
Asbestos exposure remains the leading cause of occupational disease in the province; those with the highest risk of exposure are maintenance, custodial and contract workers hired for repairs or renovations in and around commercial buildings. Under the Workers Compensation Act, commercial property owners are required to maintain any land “being used as a workplace in a manner that ensures the health and safety of persons at or near the workplace.” Cyber security threats have been expanding in both frequency and types of breaches over the years. Companies have correspondingly responded with measures to protect their information and their corporate systems. Threats exist for building operations too, and like corporate systems need be taken more seriously due to the ramifications that can be extensive around data loss, human safety, competitiveness and reputation. BOMA Canada created a guide to help create awareness of the risks. Download the 2019 Cyber Wellness Guide.
Event Calendar
Around the IndustrySource: The Globe and Mail
A new office tower in downtown Vancouver will be one of the first high-rises built to the net zero carbon emissions standard in Canada. To meet this standard, buildings have to offset all greenhouse gas emissions they create.
Source: Real Estate News Exchange
Construction costs in the province are expected to rise significantly over the next year, with several factors to blame. This could stunt real estate development in Vancouver’s downtown core and the North Shore.
Source: OkanaganLife
Okanagan developers believe a commercial real estate revolution is underway in the Valley, according to the 2018 HM Commercial Report. This study shows why Kelowna is one of the best places in retail real estate development. Source: The Province
The sales price for strata units continues to climb and Greater Vancouver developers are rushing to build more of these projects. More than half of future strata projects are to be built in Surrey and Richmond. Source: Real Estate News Exchange
Young commercial real estate executives shared their thoughts on the industry at the Real Estate Forum in Vancouver last month. Find out what they have to say about developments across the country, technology, and the advantages of family-owned private companies. |
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