BOMA BC eNews
March 14, 2024
Association News
Reserve your seat(s) early - register below! 
 
BOMA Victoria Chapter Luncheon: AGM + Mayor's Forum:
April 15th, 11:30 AM - 1:45 PM PDT
Hotel Grand Pacific, Victoria, BC
 
BOMA April AGM
April 18th, 11 AM - 11:30 AM PDT
Fairmont Hotel Vancouver, Vancouver, BC
 
BOMA April Luncheon
April 18th, 11:30 AM - 1:30 PM PDT
Fairmont Hotel Vancouver, Vancouver, BC
 
Become a sponsor of Women of BOMA's first Okanagan event! Gain valuable exposure for your business and support an event that brings together and uplifts professional women in commercial real estate.
 
If you're interested in becoming a sponsor, please email kiomi@boma.bc.ca for more info.
 
Event Description: Join us for an afternoon of camaraderie and connection amidst the breathtaking terrace of the Hotel Eldorado in Kelowna, BC. Delight in an enticing spread of canapés and beverages while mingling with colleagues and celebrating women in the CRE community.
 
Visit the event page below to register!
 
Thursday, April 4th, 3 PM - 5 PM PDT
Hotel Eldorado, Eldorado Resort,
3762 Lakeshore Road, Kelowna, BC
 
On Thursday, March 7th, 80+ members journeyed to Whistler for the two-day BOMA Ski Trip. A big thank you to everyone whose support and effort made our first overnight event an outstanding success. If you attended the Ski Trip and haven't yet completed 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 Trip Best Photo and Video Contest winner announcement, photo album, and event video – all coming soon!
 
2024 BOMA Ski Trip Sponsors:
• Bee-Clean Building Maintenance: Dinner Sponsor
• Guardteck Security Co.: Drink Sponsor
• Hallmark Housekeeping Services Inc.: Lunch Sponsor
• Indigo Group: Shuttle Sponsor
LPI Mechanical: Brunch Sponsor
• Shindler: Coffee & Snack Sponsor

Special thanks to Urban Impact Recycling Ltd. for providing a Spa Day option at this year's event! 🙏

Check out the link below to see the events we have coming up next!
 
With an impressive lineup of speakers, exciting excursions, and a grand National Awards Gala, this year's conference is set to be legendary. By participating in BOMEX 2024, you'll elevate your brand, connect with industry leaders, and showcase your commitment to excellence in commercial real estate.
 
If you have any questions about sponsoring or exhibiting at BOMEX 2024, please contact Krista Lachelt at BOMA Canada (klachelt@bomacanada.ca).
 
On International Women's Day, BOMA BC proudly participated in the Herstory fundraiser event hosted by the Downtown Eastside Women's Centre (DEWC). This event serves as a beacon of awareness, shining light on pressing issues, honoring women from diverse backgrounds, and underlining the significance of grassroots 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 half a century.
 
We had six new members join the Association in February. Please join us in welcoming them to BOMA BC!
 
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Government Affairs
Source: Daily Hive Urbanized
The Musqueam Indian Band, Squamish Nation and Tsleil-Waututh Nation sent an open letter to the Government of British Columbia supporting Vancouver Mayor Ken Sim’s plan to abolish the Park Board.
GardaWorld Global Headquarters
Grime Fighters Service Group
Events & Education
In partnership with LeadingAhead Energy, BOMA BC has created a guidance document for meeting the LCFS reporting requirements for electric vehicle charging carbon compliance credits.
 
In this guide:
 
• Best practices for monetizing LCFS carbon compliance credits.
• Guidance for obtaining revenue associated with carbon compliance credits through the federal Clean Fuel Regulations (CFR).
• Allocation Agreements - an organization can transfer responsibility of the credit to another organization to aggregate credits.
• How to register for a Transportation Fuel Reporting System (TFRS) Account.
 
Organizations must submit compliance reports by March 31st/24, following each compliance period.
 
View/download the guide below.
 
In facility management, maintaining air handler units is vital, especially the cleanliness of cooling coils. Dirty coils reduce efficiency and indoor air quality. In this article, learn about the three main culprits that lead to dirty coils and how to prevent them.
 
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BEE CLEAN BUILDING MAINTENANCE®
For over 50 years, Bee-Clean Building Maintenance has been providing expert cleaning, restoration, consulting and facilities services to valued clients in the public and private sectors, 24 hours a day, 365 days per year: Our Business is taking care of yours.
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Good to Know
Building Benchmark BC is Canada’s largest voluntary building energy benchmarking program. It’s free to register, and participants receive a free energy assessment and building scorecard for participating. Participants also get free hands-on support in setting up their buildings in Energy Star Portfolio Manager.
 
How do you get involved? You can register here at this link in less than two minutes and have until May 31st to submit your data to the program. With many mandatory programs being implemented or contemplated in the next two years, there has never been a better time to get ahead!
 
Check out the results from the Year 4 Building Benchmarking BC Report (see link below.)
 
The BC Hydro Programs team has announced a promotional offer for Energy Efficiency Projects completing in Summer 2024.

• A 50% bonus will be applied to all Custom Project Incentives and SIP (Self-Serve Incentives Program) projects that complete before August 30, 2024.
 
• New applications received March 1, 2024 until July 15, 2024 with a completion date on or before August 30, 2024 will receive a 50% bonus.
 
• All agreements will be processed on a first come, first served basis, funding will be approved up to the limits of our annual budgets and contingent on passing BC Hydro cost tests.
 
The bonus will be applied to standard incentive amounts for energy efficiency projects. Low Carbon Electrification and CleanBC projects are not eligible. Capacity/Demand response projects will receive the best available offer.
 
Learn more about the promotional details – visit the link below.
 
Source: Real Estate News EXchange
Reliance Properties CEO Jon Stovell predicts a shortage of premium office space to affect Vancouver in 2027.
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Event Calendar
27
Mar 2024
 
Improvements to the Permit Process for Commercial Renovations: An Update from the City of Vancouver
11:30 AM - 1 PM PDT, 550 Burrard, Conference room, Vancouver, BC or Zoom
3
Apr 2024
 
April QBT: Radon in Buildings - Testing and Mitigating
11:30 AM - 1 PM PDT, 1035 West Pender Street, Vancouver, BC or Zoom
3
Apr 2024
 
BOMA TNP: Hurry Hard Curling Day
2:45 PM - 5 PM PDT, Royal City Curling Club, 75 East 6th Avenue, New Westminster, BC
4
Apr 2024
 
Women of BOMA in the Okanagan
3 PM - 5 PM PDT, Hotel Eldorado, 3762 Lakeshore Road, Kelowna, BC
11
Apr 2024
 
Women of BOMA Empowered - Enhancing Diversity, Equity and Inclusion in the Workplace
3 PM - 5:30 PM PDT, Rooftop Conference Centre, 745 Thurlow, Vancouver, BC
15
Apr 2024
 
BOMA Victoria Chapter Luncheon : AGM and Mayor's Forum
11:30 AM - 1:45 PM PDT, Hotel Grand Pacific, 463 Belleville Street, Victoria, BC
18
Apr 2024
 
BOMA Annual General Meeting
11 AM - 11:30 AM PDT, Fairmont Hotel Vancouver, 900 West Georgia Street, Vancouver, BC
18
Apr 2024
 
BOMA April Luncheon - 2024 Salary Guide & Hiring Trends
11:30 AM - 1:30 PM PDT, Fairmont Hotel Vancouver, 900 West Georgia Street, Vancouver, BC
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National News
Source: Real Estate News EXchange
CIBC World Markets deputy chief economist Benjamin Tal maintained his prediction that despite the global economy slowing, the Bank of Canada will lower interest rates, a boon for the real estate market.
Source: Daily Commercial News
Statistics Canada reported that the Canadian economy added 37,000 jobs in January, which caused the unemployment rate to fall to 5.7 per cent in January.
Around the Industry
Source: Daily Hive Urbanized
Burnaby’s City Council approved the $55 million contract to build the James Cowan Theatre at the Shadbolt Centre for the Arts.
Source: Daily Hive Urbanized
University Canada West plans to open an 89,000 sq ft in the new B6 tower in downtown Vancouver that will include classrooms, an innovation lab, student lounges, a library, supporting offices and faculty spaces.
Source: REMI Network
A global survey found that 93 per cent of employees want to know concrete steps their employers are taking to make the workplace more inclusive and equitable.