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| Archive | Send to a Friend | www.boma.bc.ca | BOMA Marketbase | ||||||||||||||||||||||||||||||||
| November 14, 2025 | ||||||||||||||||||||||||||||||||
 Association News BOMA BC's Victoria Chapter has started planning next year’s events and educational sessions, and we’d love to hear your input.
Whether you attend Luncheons, seminars, or networking socials, your feedback guides us in delivering the topics and experiences that matter most to you.  As the new year approaches, questions loom about where BC’s economy is headed and what those shifts could mean for the commercial real estate sector.
At our upcoming Luncheon, we’ll take a closer look at the economic forces shaping our industry’s future, including:
• The impact of tariffs and trade policy on key provincial industries
• Inflation and interest rate trends that could affect financing and investment strategies
• The broader economic outlook and how it’s expected to influence market confidence and demand
Don’t miss this opportunity to gain a clear, data-driven perspective on what to expect in 2026 — register soon!
Thursday, November 20, 2025 · 11:30 am – 1:30 pm, Fairmont Hotel Vancouver, Vancouver, BC
 In partnership with BOMA International, BOMA BC is offering a 6-day Foundations course, designed to build essential skills in building operations, finance, contracts, and CRE administration. Taught by industry experts and paired with exclusive building tours, this course is ideal for new property managers, a solid refresher for experienced professionals, and valuable for operators and suppliers alike.
Graduates can also pursue their first BOMI certificate with no enrollment fee. Dates: January 15, 22, 29 & February 5, 12, 19 (2026)
Time: 9:30 am – 4:00 pm Locations: Vancouver, BC (multiple locations) Cost: $795 (student books and lunch included) View the course Table of Contents  BOMA BC is engaging the City, Province and Federal Government on several advocacy issues impacting commercial real estate, including seismic policy, property taxation, EV charging rules, building code changes, and more.
We welcome your feedback on any issue. Please contact Zach Segal, Director of Government Relations, at zsegal@boma.bc.ca Read our full Fall 2025 Advocacy Update (below) to learn what we’ve been working on.
 BOMA’s new ESG Reporting Guide helps Canadian CRE professionals navigate the complex ESG reporting landscape by offering practical tools, comparisons, and decision-making frameworks. With increasing pressure from stakeholders and significant environmental impact, the CRE sector must adopt meaningful ESG strategies.
Highlighting key benefits, including improved risk management, financial performance, and stakeholder trust, while addressing challenges such as standardization gaps and greenwashing, this guide simplifies ESG implementation and maximizes its strategic value.
Regulatory News Metro Vancouver’s Sewer Use Bylaw requires building managers and facility operators to obtain approval before discharging molybdenum from HVAC and cooling systems into the sanitary sewer.
Molybdenum, a common corrosion inhibitor, can harm wastewater treatment processes and limit the reuse of biosolids if released in high concentrations. To comply, facilities must submit a discharge request at least 30 days in advance of any planned release.
𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗻𝗼𝘁𝗶𝗰𝗲 𝗳𝗿𝗼𝗺 𝗠𝗲𝘁𝗿𝗼 𝗩𝗮𝗻𝗰𝗼𝘂𝘃𝗲𝗿 (link below)
Government AffairsOn November 12th, 2025, Vancouver City Council reviewed the proposed 2026 Budget.
BOMA BC issued a letter to the Mayor and Council highlighting three key themes: 🔹Our support for a 0% property tax increase.
🔹A reminder that Council still has work to do to resolve commercial to residential tax fairness. 🔹Predictability and consistency at City Hall are essential for our members' long-term capital planning We will continue to track developments to ensure the budget supports our industry’s interests.
Read our letter to the City of Vancouver (link below). Source: REMI Network/Canadian Property Management
The federal government has earmarked funding for large‑scale retrofits of commercial, institutional and multi‑unit residential buildings to improve energy efficiency and reduce emissions.
Events & Education As BC’s climate shifts, building owners and managers face new challenges in maintaining comfort and efficiency. One powerful yet often-overlooked solution? The windows. This article from Ecovision Window Films explores how sustainable window films can enhance energy performance, extend asset life, and help buildings adapt to a warming world—without costly replacements.
 BOMA International recently announced the release of the BOMA 2025 Retail Standard, the newest update to our trusted floor measurement guidelines.
This standard introduces:
• One consistent method of measurement
• Two levels of measurement data—Partial and Overall • A Global Summary of Areas spreadsheet for easy reporting With guidance for CAD/BIM input values, space classifications, and boundary rules, this new standard ensures accuracy and consistency across retail property measurement worldwide.
 Don't miss the upcoming BOMA International webinar: Understanding the 2025 Retail Standard on Wednesday, November 19, 2025, at 1-2 PM ET.
Featuring BOMA BC Member, Michael Bishop of Third Space Properties Inc., David Fingret of Extreme Measures Inc., and Erin Miller of SAA interiors + architecture, this session will provide a practical overview of the BOMA Retail Standard, including its history, key updates, and guidance on applying it to measure and manage retail space accurately.
 BOMA BC and LandlordBC have released Understanding and Advancing Tax Incentives for Low-Carbon Building Retrofits, a practical guide by FRESCo outlining three key tax incentives:
🔹Clean Technology Investment Tax Credit (CT ITC) 🔹BC Clean Buildings Tax Credit (CBTC) 🔹Accelerated Investment Incentive (AII) Members can also access hands-on support through the BOMA BC Decarb Accelerator Program and LandlordBC’s Rental Apartment Retrofit Accelerator (RARA) to turn retrofit opportunities into action.
Good to KnowSource: BIV-Business Intelligence for BC
Construction investment in British Columbia rose 6.7% in the second quarter despite uncertainty from U.S. tariffs delaying some industrial projects.
Event Calendar
Around the IndustrySource: BCHydro.com
Beneath downtown Vancouver, Cadillac Fairview is pioneering a bold approach to decarbonization at the Pacific Centre Complex. By installing heat recovery chillers and underground thermal storage tanks, the company will soon share and reuse heat energy between multiple buildings—reducing emissions by up to 3,000 tonnes of CO₂ annually. Supported by BC Hydro’s low carbon electrification incentives, the project exemplifies how major property owners are driving meaningful progress toward net zero. |
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