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| Archive | Send to a Friend | www.boma.bc.ca | BOMA Marketbase | ||||||||||||||||||||||||||||||||
| November 15, 2023 | ||||||||||||||||||||||||||||||||
 Association News Join the BOMA Victoria Chapter for our annual Christmas Luncheon! Featuring a buffet meal, refreshments, prizes, and more; don't miss this opportunity to socialize with your peers and celebrate the season! Raffle tickets will be available for purchase on-site by cash or credit card. This year, partial proceeds will go to The Mustard Seed Food Bank.
Hope to see you on Thursday, November 30th at The Grand Pacific Hotel!
 In 2024, we're gearing up to celebrate a decade of the BOMA Ski Day by bringing you something fresh! To mark this milestone, we're extending next year's event to an overnight trip, followed by a group brunch! Carve some lasting memories and make tracks with fellow members and guests. Registration is limited, so secure your spot(s) early!
BOMA Ski Trip
Departing: Thursday, March 7th | Returning: Friday, March 8th, 2024 Whistler, BC  Going far beyond a standard green building certification, BOMA BEST Smart guides property owners and managers toward sustainable excellence. By enrolling, you will gain access to tools that streamline operations, enhance efficiency, and create exceptional user experiences—adding financial value for stakeholders and clients. Get started towards a more sustainable future for your property!
Regulatory NewsGovernment Affairs Since the pandemic, property crime and vandalism have been particularly challenging for the commercial real estate industry. To assist with rising property crime costs, BOMA BC has advocated to the Province for support for small business through some form of grant program. Earlier this year, the Province of British Columbia announced a rebate program to allow business to recover expenses incurred after property damage due to crime and vandalism - the Securing Small Business Rebate Program.
This program will open for applications on November 22nd, 2023 and applications are retroactive to January 1st , 2023.
The $10.5 million program will offer up to $2,000 per business for the cost of vandalism, and up to $1,000 for vandalism protection such as cameras or gates.
To learn more about program eligibility, timelines, application requirements and to apply, visit the link below.
Source: REMI Network/Canadian Facility Management & Design
The federal government has earmarked $18.2 million in funds for projects to improve accessibility in built facilities and service provision.
Events & Education During our September Luncheon, Sunny Ghataurah gave an instructive presentation on the upcoming policy changes and electrification requirements for new and existing developments in British Columbia. Considering the importance and interest surrounding this topic, Sunny created a (pdf) summary exclusively for event attendees and BOMA members who may have missed this session — click the link below to view/download.
Good to Know
Event Calendar
National NewsAround the IndustrySource: Daily Hive Urbanized
After filing for bankruptcy, WeWork is terminating 69 leases across the United States and Canada, including the three in the Metro Vancouver area.
Source: REMI Network/Canadian Property Management
Vancouver is one of six cities with a commercial tax rate that is three times higher than its residential counterpart.
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