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| Archive | Send to a Friend | www.boma.bc.ca | BOMA Marketbase | ||||||||||||||||||||||||||||||||||||
| May 11, 2022 | ||||||||||||||||||||||||||||||||||||
 Association News Last month's AGM welcomed several changes to our Board of Directors, including a new Chair, Vice-Chair and Treasurer. In addition, the Association elected four new directors to the Board and said goodbye to three outgoing members.
Our sold-out Luncheon included an absorbing presentation from QuadReal Property Group on their historic redevelopment project: 'The Post.'  Join us on May 26, 2022, as we celebrate our industry's best and brightest. Cheer on your peers as they accept awards for Building Operations Team of the Year, EARTH, PINNACLE, TOBYs, Leap Forward, and Health & Safety.
 We are thrilled to announce that we have been selected by the Real Estate Foundation of BC to be a 2022 Land Awards finalist in the 'Built Environment' category!
Regulatory News On May 4, 2022, the Province of British Columbia launched a public consultation on proposed regulatory changes to ban the widespread sale and use of second generation anticoagulant rodenticides (SGARs). Although SGARs have become a common form of rodenticide due to their effectiveness, they can be exceptionally toxic to wildlife if accidentally consumed.
Government AffairsSource: Canadian Property Management/REMI Network
The federal government is allocating more than $706 million to fund research and development surrounding net-zero buildings as part of its goal to reach net-zero emissions by 2030. The program will be administered through Natural Resources Canada and the National Research Council.  In 2019, the Government of Canada launched the Zero Emission Vehicle Infrastructure Program (ZEVIP), a cost-sharing program to fund construction of eligible electric charging and hydrogen stations at workplaces, residential buildings and public locations. The request for proposals (RFP) application window closed in 2021.
Natural Resources Canada has relaunched a new RFP under ZEVIP May 5, 2022! Applications are now open.
Events & Education The BOMA Leadership Development Series introduces participants to a series of powerful tools and techniques that allow leaders to navigate a dynamic business environment. Most importantly, the tools and techniques can be used immediately with a positive impact at work as well as at home and in your community.
 With record high temperatures in BC, there are many discussions regarding how to keep a building cool. Cool roofs have emerged to cut air-conditioning costs and lower operating costs.
In this month's education feature, learn what cool roofs are, how they work and how you can make your existing roofs cooler for the summer.
Good to KnowSource: CBC
Vancouver councillors unanimously approved a tax increase on empty homes to encourage more rentals to combat the city’s low vacancy rate. The new measure, which will come into effect in 2023, will require owners of empty houses to pay five per cent of a property's assessed value in taxes.  Metro Vancouver has created a wastewater management guide to help building managers manage wastewater safely and responsibly.
The guide provides practical and easy-to-use information, including:
• 10 recommended practices to help manage wastewater safely and responsibly
• HVAC monitoring practices to help you track performance, troubleshoot potential issues, and identify maintenance needs • An example maintenance log sheet to help track key parameters in cooling towers • An overview of key regulations, including Metro Vancouver’s Sewer Use Bylaw Guidance for educating building users to increase awareness and prevent costly plumbing issues
Event Calendar
National NewsAround the Industry Support property owners through a changing landscape by registering your building(s) with Building Benchmark BC!
Reasons to join: • Gain competitive insights on how your building(s) perform against similar ones across the province • Receive energy report cards highlighting performance trends and providing recommendations on how to improve • Display leadership and gain recognition through yearly awards • Future-proof and prepare for upcoming building performance regulations Source: The City of Calgary Newsroom
The City of Calgary recently announced the first three downtown office-to-residential conversion projects have been approved for funding."These three projects will infuse life into largely empty or underutilized office buildings by converting empty office space to new residential units."
Source: REMI Network
While the provincial and federal governments have been focusing on controlling housing prices through demand-side mechanisms, a market intelligence report from the British Columbia Real Estate Association suggests that increasing supply will have a longer-term impact. Source: Daily Hive Urbanized
The developer on Coquitlam’s Waterfront Village Centre Neighbourhood Plan updated its estimate for the number of residential and industrial spaces that will be added to the old Fraser Mills site as part of the city’s redevelopment plan. Source: Western Investor
Orion Construction will develop an industrial zone in Port Coquitlam after the property, located at 590 Dominion Ave., sold for $10.65 million. Source: Western Investor
After the pandemic caused a drop in use of office spaces, interest is returning as tech and life science companies begin returning to offices. |
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