BOMA BC eNews
March 15, 2023
Association News
Reserve your seat(s) early - register below! 
 
April 11th/23, 11:00 AM - 1:30 PM PDT
Hotel Grand Pacific, Victoria, BC
 
April 20th/23, 11:00 AM - 11:30 AM PDT
Fairmont Hotel Vancouver, Vancouver, BC

BOMA April Luncheon
April 20th/23, 11:30 AM - 1:30 PM PDT
Fairmont Hotel Vancouver, Vancouver, BC
 
Earlier in this month, 60+ members whisked off to Whisler for the BOMA Ski Day. A big thank you to everyone who helped us make the event spectacular success! If you attended Ski Day and haven't yet filled out our post-event survey, you can do so here - we would love to hear from you! 
 
Stay tuned to our social channels for our Ski Day Photo Contest winner announcement, photo album, and event video - all coming soon!
 
2023 BOMA Ski Day Sponsors:
Alpine Building Maintenance | Coffee + Snacks Sponsor
Bee-Clean Building Maintenance: Dinner Sponsor
Guardteck Security Co. | Drink Sponsor
Hallmark Housekeeping Services Inc. | Lunch Gift Card Sponsor
Indigo Group | Coach Sponsor
 
Special thanks to Urban Impact Recycling Ltd. for providing a snowshoe option for a second year 🙏
 
Check out the link below to see the events we have coming up next!
 
On International Women's Day, BOMA BC attended the Downtown Eastside Women's Centre's (DEWC) HERSTORY fundraiser event, which brings awareness to critical issues, celebrates women from all walks of life and emphasizes the importance of community-driven organizations like DEWC.

Through member contributions, BOMA BC had the opportunity to donate $10,000 to the DEWC, which has provided support and essential services to self-identified women and children for nearly 50 years.
 
BOMA BC met with Vancouver’s City Council and Staff in the lead-up to the City of Vancouver’s budget and communicated BOMA BC's desire for a competitive business tax environment and the impact of tax hikes on business. BOMA BC also participated in Provincial Budget consultations and advocated for solutions to our industry’s labour shortage, amongst other issues.

In this update:
• The Province's Future Ready Plan
• The City of Vancouver tax increase
• Upcoming carbon tax increase
• BC budget focus areas: Housing, Healthcare + Public Safety
 
We had five new members join the Association in February. Please join us in welcoming them to BOMA BC!
 
Regulatory News
SOURCE: Metro Vancouver
 
Stage 1 watering restrictions will be in effect from May 1 until October 15, 2023 as outlined in Metro Vancouver’s Drinking Water Conservation Plan
 
In this article, learn more about the upcoming water restrictions and how they apply to your properties. 
 
SOURCE: Daily Hive Urbanized

After a staggering proposed property tax hike from 12.5% to 17.5%, the City of Surrey is reconsidering its proposal following new grant money from the province.
Government Affairs
The City of Vancouver approved a Development Potential Relief Pilot Program (DPRP) on March 8th, 2023. The program grants a tax rate reduction on part of the assessed land value of class 5 and 6 properties that meet eligibility criteria.
 
SOURCE: REMI Network/Construction Business

While Premier David Eby’s first budget features spending for infrastructure and community initiatives, it does little to address the struggles of small businesses.
GardaWorld Global Headquarters
Grime Fighters Service Group
Events & Education
Learn what components are essential to an office tower security program, including the types of security measures that should be implemented.
 
Learn how, when, and why to apply the BOMA 2021 Standard with step-by-step guidance and understand how the Mixed-Use Standard works in combination with the other BOMA Measurement Standards.
 
Speakers include David Fingret, Principal, Extreme Measures, Mary Lawrence, President/CEO of Dimensions Floorplans, LLC. and Mike Bishop, Vice President, Asset Management of Third Space Properties, Inc.
 
Webinar hosted by BOMA International.
 
Along with posing great risks to roofing membranes, ponding water can also lead to life safety concerns.
 
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Good to Know
The City of Vancouver recently reinstated their Tenant Improvement Program (TIPs).
Learn what it is and what it can do for you and your building(s).
 
SOURCE: REMI Network/Facility Cleaning & Maintenance

To maximize the efficiency of new technology systems, building mangers also need to consider cybersecurity, expenses and staff training.
Reotech Construction Ltd.
Ultra-Tech Cleaning Systems Ltd
Event Calendar
28
Mar 2023
 
Case Studies on Electrification
11:30 AM - 1:00 PM PDT | 200 Granville Street, Vancouver BC or Zoom
5
Apr 2023
 
QBT Session: Reducing Water Damage through Rapid Response
11:30 AM - 1:00 PM PDT | 1035 West Pender Street, Hastings Meeting Room, Vancouver BC + Zoom
11
Apr 2023
 
BOMA BC Victoria Chapter Luncheon: AGM & Mayor's Forum
11:00 AM - 1:30 PM PDT | Hotel Grand Pacific, 463 Belleville Street, Victoria BC
20
Apr 2023
 
BOMA Annual General Meeting
11:00 AM - 11:30 AM PDT | Hotel Vancouver, 900 West Georgia Street, Vancouver BC
20
Apr 2023
 
BOMA April Luncheon
11:30 AM - 1:30 PM PDT | Hotel Vancouver, 900 West Georgia Street, Vancouver BC
9
May 2023
 
Climate Mitigation & Adaption Strategies
11:30 AM - 1:00 PM PDT | 200 Granville Street, Vancouver BC or Zoom
10
May 2023
 
BOMA Okanagan Luncheon
11:30 AM - 1:30 PM PDT | Coast Capri Hotel, 1171 Harvey Avenue, Kelowna BC
30
May 2023
 
ESG Reporting & Disclosure
11:30 AM - 1:00 PM PDT | 200 Granville Street, Main floor meeting room Or Zoom
15
Jun 2023
 
BOMA June Luncheon
11:30 AM - 1:30 PM PDT | Fairmont Waterfront Hotel Vancouver, 900 Canada Place Way, Vancouver BC
16
Jun 2023
 
BOMA BC Victoria Chapter Golf Tournament
12:00 PM - 8:00 PM PDT | Metchosin Golf & Country Club, 4100 Metchosin Road, Victoria BC
MAKE FACILITIES YOUR COMPETITIVE ADVANTAGE.
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National News
SOURCE: Real Estate News EXchange

Despite concerns over economic headwinds, industrial real estate remains the top-performing commercial real estate class in Canada.
SOURCE: REMI Network/Facility Cleaning & Maintenance

To maximize the efficiency of new technology systems, building mangers also need to consider cybersecurity, expenses and staff training.
Around the Industry
Climb 6 of the tallest towers in downtown Vancouver in Habitat for Humanity Greater Vancouver’s Step Up Challenge!

Support Habitat for Humanity Greater Vancouver and help build affordable housing for local working families. Not only will you be powering up 6 of Vancouver’s downtown towers, but you will also be transforming the lives of families and their children for generations to come.
 
Featuring towers managed by Cadillac Fairview Corporation Ltd, Hudson Pacific Properties, Oxford Properties, and Polaris Realty.
 
SOURCE: Daily Hive Urbanized

Along with its residential housing crisis, Metro Vancouver is experiencing a shortage of tourist accommodations, which will need to increase by 20,000 hotel rooms by 2050 to keep pace with demand.
SOURCE: Daily Hive Urbanized

The provincial government is giving municipalities in the Metro Vancouver area a collective $400 million to construct and improve local amenities.