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September 10, 2020 | ||||||||||||||||||||||||||||||||||||
Association News
BOMA BC would like to commend all of you for doing your best to navigate the new norm. Our members are working harder than ever, and many are dealing with new, stressful situations. Others are struggling to balance the needs of their family, staff, clients and tenants. On a positive note, we're all getting through this one day at a time. Don't forget to remind yourself every single day of the challenges you've overcome since March. Be easy on yourselves and on everyone else. Recognize and celebrate the small successes. And don't forget to reach out for help from a trusted family member or colleague if it's starting to feel like it's too much. Resources:
Events & Education
The Education and QBT Committees have planned a great line up of informative sessions for the upcoming months. View the list in the calendar below this article. Our TNP Committee (The New Professionals of BOMA) are discussing ideas for virtually engaging our members who are under the age of 40. Details on the next TNP event will be available soon.
Good to Know
BC Assessment would like to invite property owners or their agents to participate in Pre-Roll Consultation. This is an opportunity for property owners or their agent to exchange information and dialogue with BC Assessment prior to the release of the Assessment Roll in January. Pre-roll consultation can lead to more certainty for next year’s property assessment and helps owners budget for the upcoming tax year.
Carole James, Minister of Finance, has released the following statement on the federal government’s extension of Canada’s Emergency Commercial Rent Assistance (CECRA) program: “Our government welcomes the extension to the federally designed Canada Emergency Rent Assistance program through to the end of September and the federal government’s commitment to continue exploring options to support small businesses. B.C. welcomes this final extension and encourages additional options to help small businesses that have been impacted by the pandemic."
FortisBC is offering a free energy assessment to FortisBC customers. Even if you have temporarily closed down your business or are getting ready to open again, (or working on a modified schedule), there may be several opportunities to conserve energy and help better manage utility bills.
Source: Tremco
The fall season is upon us and maintenance is crucial to protect your roof from damage. Roofs are often overlooked when it comes to maintaining a building, however, regular reviews can prevent potential costly issues down the road. Here is a list of 10 roof maintenance tips to avoid damage to your roof this fall. Event Calendar
National News
Around the Industry
Source: Business in Vancouver
Will the Arpeg Group of Companies’ Coal Harbour development, which features natural ventilation, a wellness studio and short-term flexible leases, persuade remote professionals that it’s time to get back to the office? Source: Castanet
Developers are hoping to reclaim Vancouver’s Downtown Eastside, an area that has become downtrodden over the years. Source: Business Examiner
“This project will create several new iconic attractions for the City and region, aligns with Council’s commitment to enhance arts and cultural opportunities in Langford, and supports Council’s vision to create more commercial office space so residents don’t have to commute outside the City for work. We are really excited about this project and look forward to moving forward with next steps,” said Stew Young, mayor of Langford. Source: Western Investor
This year, with just a fraction of the office space, Victoria is outperforming Edmonton when it comes to vacancy rates, lease rates, construction and sales volume. Source: CTV News
A 55-acre property in Squamish that includes the Quest University campus is for sale. While the school hopes to sell the land around the campus to developers, it would consider a deal that includes a long-term lease back so it can continue running. |
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