Burnaby Business News - May 2015

BurnabyNOW WEDNESDAY May 20, 2015 13

Peter Julian, MP(Burnaby-NewWestminster)

OfficialOpposition

House Leader

Serving Our Community

7615 6th Street, Burnaby604-775-5707

[email protected]

Burnaby Mayor Derek Corrigan and BBOT President and CEO Paul Holden

BURNABYBUSINESS NEWS

Con’t on p.3

PlatinumAnnual Board Partners

Gold Annual Board Partners

Silver Annual Board Partner

BURNABY BOARD OF TRADE

EventsSTRATEGIES FOR SMALLBUSINESS SUCCESS SEMINARMay 21 @ Delta Burnaby Hotel

MAKE YOUR NETWORKINGPROFITABLE! SEMINARMay 21 @ Delta Burnaby Hotel

‘CLICK-START’ YOUR DIGITALMARKETING SEMINARMay 21 @ Delta Burnaby Hotel

POWER HOUR - REFERRALROUNDTABLEMay 26 @ BBOT Offices

MEMBERSHIP LUNCH & LEARNMay 28 @ BBOT Offices

DISTINGUISHED SPEAKER –ANDREW PETTER, SFUJun 2 @ Hilton Van. Metrotown

MORNING MEMBERSHIP INFOSESSIONJun 4 @ BBOT Offices

RETAIL SEMINAR – TURNINGBROWSERS INTO CUSTOMERSJun 10 @ Best Western Plus

BUSINESS DEVELOPMENT INTHE DIGITAL AGE featuring105th BBOT AGMJun 17 @ Hilton Van. Metrotown

BBOTWELLNESS SEMINAR &YOGA SESSIONJun 19 @ Yoga Spirit & Wellness

www.bbot.ca

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:ELTONHUBNER

Pledge for aSustainableCommunityprogramrecognized onworld stageBy Michael [email protected]

The Burnaby Board of Trade’s Pledge for aSustainable Community program has beenselected as a finalist in the category of “BestCorporate Social Responsibility Project” atthe 2015 World Chambers Competition.

The Pledge program, which is acomprehensive online resource and planningtool with the goal of helping businesses largeand small reduce their carbon footprint, wasone of only four entries selected as a finalistout of a record number of submissions fromacross 39 countries. Finalists will present theirprojects to a panel of judges at the 9th WorldChamber Congress in Torino, Italy in June.

“Having the Pledge for a Sustainable

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Burnaby Mayor Derek Corrigan and BBOT President and CEO Paul Holden

burnaby business news

Con’t on p.3

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Gold Annual Board Partners

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EventsStrategieS for Small buSineSS SucceSS SeminarMay 21 @ Delta Burnaby Hotel

make your networking Profitable! SeminarMay 21 @ Delta Burnaby Hotel

‘click-Start’ your digital marketing SeminarMay 21 @ Delta Burnaby Hotel

Power Hour - referral roundtableMay 26 @ BBOT Offices

memberSHiP luncH & learnMay 28 @ BBOT Offices

diStinguiSHed SPeaker – andrew Petter, Sfu Jun 2 @ Hilton Van. Metrotown

morning memberSHiP info SeSSionJun 4 @ BBOT Offices

retail Seminar – turning browSerS into cuStomerSJun 10 @ Best Western Plus

buSineSS develoPment in tHe digital age featuring 105th BBOT AGMJun 17 @ Hilton Van. Metrotown

bbot wellneSS Seminar & yoga SeSSionJun 19 @ Yoga Spirit & Wellness

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Pledge for a Sustainable Community program recognized on world stageBy Michael [email protected]

The Burnaby Board of Trade’s pledge for a Sustainable Community program has been selected as a finalist in the category of “Best Corporate Social Responsibility Project” at the 2015 World Chambers Competition.

The Pledge program, which is a comprehensive online resource and planning tool with the goal of helping businesses large and small reduce their carbon footprint, was one of only four entries selected as a finalist out of a record number of submissions from across 39 countries. Finalists will present their projects to a panel of judges at the 9th World Chamber Congress in Torino, Italy in June.

“Having the Pledge for a Sustainable

BBN_May2015_FA.indd 1 2015-05-15 2:56 PM

14 WEDNESDAY May 20, 2015 • BurnabyNOW

©2015 Mercedes-Benz Canada Inc. Lease offer based on 2015 2500 144" Cargo Van (Stock #S1501913). National MSRP $41,300 *Total price of $44,960 includes freight/PDI of $2,895, dealer admin fee of $595, air-conditioning levy of $100, PPSA up to $45.48 and a$25 fee covering EHF tires. **Additional options, fees and taxes are extra. 1Lease example based on $510 per month (excluding taxes) for 60 months. Lease APR of 4.99% applies on approved credit. Down payment or equivalent trade of $5,000, plus first payment andapplicable taxes are due at lease inception. Cost of borrowing is $6,186. Total obligation is $39,910. Lease offer only valid through Mercedes-Benz Financial Services. 2Please note the $5,000 discount has been applied/included in the calculation of the monthly leasepayment, it is only valid on 2015 Sprinter Cargo Vans delivered before May 31, 2015. †Three years of scheduled maintenance covers the first 3 factory scheduled maintenance services or 3 years, whichever comes first; and is available only through finance and leasethrough Mercedes-Benz Financial Services. Scheduled maintenance interval for model year 2015 Mercedes-Benz Sprinter is the earlier of 1 year or 25,000 km. The specific maintenance services included are described in the applicable Owner’s/Operator’s Manual andService/Maintenance Booklet. 3Extended Limited Warranty covers up to 6 years or 160,000 km (whichever comes first) and has a value of $1,895. Only applicable on lease and finance offers. Offers are non-transferable, non-refundable and have no cash value. 4Basedon a comparison of the Automotive News classification of full-size commercial vans. 5Based on Greenhouse Gas Emissions Standard Testing of 2014 model year Sprinter 2500 cargo van, 144"wheel base, standard roof, at 50% load capacity, and at highway/city speedsaccording to the standards of the “CONTROL OF EMISSIONS FROM NEW HEAVY–DUTY MOTOR VEHICLES [Title 40 Code of Federal Regulations – Part 1037]” as conducted by Mercedes-Benz in September 2013. Stated fuel consumption based on highway drivingcycle. Your actual fuel consumption may vary. Not for comparison purposes. Fuel efficiency test results determined using Government of Canada approved test methods are not available. Offers may change without notice and cannot be combined with any other offers.Certain limitations apply. Vehicle license, insurance, and registration are extra. Dealer may lease or finance for less. Offers may change without notice and cannot be combined with any other offers. See your authorized Mercedes-Benz Boundary Vans Centre for detailsor call the Mercedes-Benz Vans Sales Centre at 604-676-3778. Offer valid until May 31, 2015.

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Pledge for a Sustainable Communitycon’t from cover

Community recognized at the internationallevel is a monumental achievement for theBurnaby Board of Trade, our local businesscommunity, and the entire Canadian Chambercommunity,” remarked Board of TradePresident and CEO Paul Holden. “The Pledgeis a groundbreaking business resource andpromotion tool unlike anything ever donebefore by a board of trade or chamber ofcommerce in this country.

The criteria for the award includes linkingboth business and their social responsibilityactions to community, philanthropic,

environment, workplace and marketplaceactivities. Projects are designed to advocatesustainable growth, and must underline thebusiness advantages for CSR and ethicalbusiness practices as well as reinforcethe chamber’s mission of promoting bestpractices among companies and institutions.Importantly, the projects must be replicablein other business communities.

“The BBOT is a municipal-level board oftrade with a membership of almost 1,200organizations, and yet our program hasbeaten out submissions from chambersthat are potentially much larger than ours– even national level chambers. It couldn’thave been done without the support of our

Board of Directors and membership, ourEnvironmental Sustainability Committee,our dedicated staff, generous sponsors, andof course our ever-growing communityof Pledge Members who have been thechampions of building a strong andsustainable business community in Burnabyand across the Lower Mainland,” said Holden.

Joining the BBOT as finalists are SantaCruz-Cainco Chamber of Commerce andIndustry (Bolivia), Finland Chamber ofCommerce and Industry (Finland), andAsharquia Chamber of Commerce (SaudiArabia). The previous winner was DubaiChamber of Commerce and Industry (UnitedArab Emirates).

Currently the Pledge features about 120local organizations that have committed tobeing more sustainable, and have sharedtheir news, success stories and ideas. Inaddition, the Burnaby Board of Tradehas recently announced plans to licensethe Pledge model to other chambers ofcommerce to begin building a world-widecommunity of like-minded businesses allworking to reduce their environmentalimpact and promote the business case forsustainability. The first international licenseeis expected to be formally announced in thecoming weeks.

Learn more about the Pledge for aSustainable Community at bbotpledge.ca.¾

ElementVancouverMetrotownoffers travelers an Eco ChicTravel ExperienceBy Tessa [email protected]

The BBOT has a brand new neighbour that happens to be the tallest building in Burnaby.Situated at the northeast corner of Willingdon and Kingsway, Element VancouverMetrotown opened its doors for business this February. Franchised by Starwood Hotelsand built and owned by Bosa Development, Element Vancouver Metrotown joins ElementVaughan Southwest in the greater Toronto region and will be followed by the opening oftwo more Element hotels in Canada next year.

So why Burnaby and what makes this hotel offering so unique? Not only does theVancouver Greenest City 2020 mandate dovetail with the Element brand commitment tosustainability, but according to Element’s hotel manager, Paul Gallop, “Burnaby is one ofthe fastest growing business communities in British Columbia and this hotel offers healthyamenities and a balanced lifestyle to both the business and leisure traveler.”

On a tour of the hotel with Element’s Marketing Director Ken Boyd, the first thingyou notice is that the rooms are built with large windows that allow for natural sunlightthroughout the hotel. Element has a clean spa-like sensibility with spacious studio guestrooms with large desks, spa-inspired bathrooms, fully equipped kitchens and the signatureHeavenly® Bed and free Wifi. The hotel caters to the long term business traveler who seeksthe same healthy, well designed eco amenities in their business accommodation as theyhave at home. Interested in relaxing after a long hard day of meetings? Grab a free bike, gofor your daily ride and then finish with complimentary appetizers at the Relax reception.

As we continue the tour there are nice details that show the brand commitment tosustainability, from the fixtures made of recycled plastic, to their zero waste policy. Elementis also the first major hotel brand to mandate that all properties pursue the U.S. GreenBuilding Council’s Leadership in Energy and Environmental Design (LEED) certification forhigh-performance buildings.

Of course, on my way back to my (much less spa-like) office I pass Nosh (where it’s hardto pass up on those tasty colourful macaroons) and Trattoria, where locals and hotel guestscan dine on traditional Italian neighbourhood fare. Suddenly it feels like the world is comingto Burnaby.

The Element Vancouver Metrotown is a member of the Pledge for a SustainableCommunity—bbotpledge.ca. ¾

www.bbot.caBBN 3

Pledge for a Sustainable community con’t from cover

Community recognized at the international level is a monumental achievement for the Burnaby Board of Trade, our local business community, and the entire Canadian Chamber community,” remarked Board of Trade President and CEO Paul Holden. “The Pledge is a groundbreaking business resource and promotion tool unlike anything ever done before by a board of trade or chamber of commerce in this country.

The criteria for the award includes linking both business and their social responsibility actions to community, philanthropic,

environment, workplace and marketplace activities. Projects are designed to advocate sustainable growth, and must underline the business advantages for CSR and ethical business practices as well as reinforce the chamber’s mission of promoting best practices among companies and institutions. Importantly, the projects must be replicable in other business communities.

“The BBOT is a municipal-level board of trade with a membership of almost 1,200 organizations, and yet our program has beaten out submissions from chambers that are potentially much larger than ours

– even national level chambers. It couldn’t have been done without the support of our

Board of Directors and membership, our Environmental Sustainability Committee, our dedicated staff, generous sponsors, and of course our ever-growing community of Pledge Members who have been the champions of building a strong and sustainable business community in Burnaby and across the Lower Mainland,” said Holden.

Joining the BBOT as finalists are Santa Cruz-Cainco Chamber of Commerce and Industry (Bolivia), Finland Chamber of Commerce and Industry (Finland), and Asharquia Chamber of Commerce (Saudi Arabia). The previous winner was Dubai Chamber of Commerce and Industry (United Arab Emirates).

Currently the Pledge features about 120 local organizations that have committed to being more sustainable, and have shared their news, success stories and ideas. In addition, the Burnaby Board of Trade has recently announced plans to license the Pledge model to other chambers of commerce to begin building a world-wide community of like-minded businesses all working to reduce their environmental impact and promote the business case for sustainability. The first international licensee is expected to be formally announced in the coming weeks.

Learn more about the Pledge for a Sustainable Community at bbotpledge.ca.¾

Element Vancouver Metrotown offers travelers an Eco Chic Travel ExperienceBy Tessa [email protected]

The BBOT has a brand new neighbour that happens to be the tallest building in Burnaby. Situated at the northeast corner of Willingdon and Kingsway, Element Vancouver Metrotown opened its doors for business this February. Franchised by Starwood Hotels and built and owned by Bosa Development, Element Vancouver Metrotown joins Element Vaughan Southwest in the greater Toronto region and will be followed by the opening of two more Element hotels in Canada next year.

So why Burnaby and what makes this hotel offering so unique? Not only does the Vancouver Greenest City 2020 mandate dovetail with the Element brand commitment to sustainability, but according to Element’s hotel manager, Paul Gallop, “Burnaby is one of the fastest growing business communities in British Columbia and this hotel offers healthy amenities and a balanced lifestyle to both the business and leisure traveler.”

On a tour of the hotel with Element’s Marketing Director Ken Boyd, the first thing you notice is that the rooms are built with large windows that allow for natural sunlight throughout the hotel. Element has a clean spa-like sensibility with spacious studio guest rooms with large desks, spa-inspired bathrooms, fully equipped kitchens and the signature Heavenly® Bed and free Wifi. The hotel caters to the long term business traveler who seeks the same healthy, well designed eco amenities in their business accommodation as they have at home. Interested in relaxing after a long hard day of meetings? Grab a free bike, go for your daily ride and then finish with complimentary appetizers at the Relax reception.

As we continue the tour there are nice details that show the brand commitment to sustainability, from the fixtures made of recycled plastic, to their zero waste policy. Element is also the first major hotel brand to mandate that all properties pursue the U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED) certification for high-performance buildings.

Of course, on my way back to my (much less spa-like) office I pass Nosh (where it’s hard to pass up on those tasty colourful macaroons) and Trattoria, where locals and hotel guests can dine on traditional Italian neighbourhood fare. Suddenly it feels like the world is coming to Burnaby.

The Element Vancouver Metrotown is a member of the Pledge for a Sustainable Community—bbotpledge.ca. ¾

BBN_May2015_FA.indd 3 2015-05-15 2:56 PM


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Nwhat’s new

Some of the 300 attendees at the BBOT’s ‘State of the City’ luncheon

Urban development and sustainability highlightMayor Corrigan’s 2015 State of the City addressBy Michael [email protected]

At the 2015 State of the City Address byMayor Derek Corrigan, urban developmentin Burnaby’s four main town centres wasonce again the major theme, along withCity finances and highlights from Burnaby’skey economic, social and environmentalstrategies.

The annual luncheon, organized by theBurnaby Board of Trade, was held at theDelta Burnaby Hotel and Conference Centre,and had the largest turnout in the event’shistory, with over 300 business professionalsand community leaders in attendance.

“For Burnaby, the past year wasanother one of growth and achievement.Working with many of you here today, wefurther developed our four town centres– Metrotown, Edmonds, Lougheed andBrentwood – as walkable transit-focused,high-density destinations, and we enhancedour smaller urban villages, while protectingsingle-family neighbourhoods and our much-used parks,” said Corrigan.

“In Burnaby, people continue to arrive andthrive. The construction value for buildingpermits for 2014 was $699 million, thesecond-highest value ever. Already this year,Burnaby’s building permit values are in therange of $300 million, so we are on track foranother record year.”

According to the mayor, newdevelopments in Metrotown are creatinghundreds of construction jobs and providinghomes, offices, entertainment venuesand retail centres. The Station Squaredevelopment, which launched Phase 2 inOctober, will be an urban neighbourhoodwith 1,800 homes in five condo towers.Currently, two high-rises are being

constructed at once, creating 650 directconstruction jobs and double the workforceof the first phase.

Also in Metrotown, the new developmentswill be complemented by a creative Art Walkthat will eventually feature one of the largestconcentrations of public art in the region,running along Beresford Street between Dowand McKay avenues.

Not to be overshadowed, the Brentwoodarea’s transformation into a dynamic urbancommunity continued throughout the pastyear, with the advancement of Phase 1 ofthe Brentwood Town Centre redevelopment,including a new central civic plaza being builtadjacent to the Brentwood SkyTrain station.Phases 2 and 3 of the Solo Developmentare also under way, and plans for theredevelopment of the Woodlands site intoa pedestrian-oriented, transit-connectedcommunity are being discussed with localresidents.

In the Edmonds Neighbourhood, anumber of projects are serving as catalysts tothe ongoing rejuvenation and revitalizationof the area.

The recently opened EdmondsCommunity Centre has become a focal point,along with the adjacent outdoor plaza atEdmonds Park. The City has also committedto build a new ice facility in the southeastquadrant, and the Sixth Street communityvillage will see new opportunities for mixed-commercial and medium-density residentialdevelopment. On the current Value Villagesite at Kingsway and Edmonds, a project byCressey Developments will create a mixed-use community that will include a newlandmark building with a mix of commercialand office space and three residential towers.

Finally, in the Lougheed area, the City isworking to maximize the benefits of the new

SkyTrain line and determine how the area canbecome a pedestrian-oriented hub that linksto all of the region’s town centres via high-speed transit.

“Throughout the city, we are addingvaluable community services and facilities,all in consideration of our longstandingcommitment to economic, social andenvironmental sustainability,” remarkedCorrigan. “Our Official Community Plan andour award-winning Economic Developmentand Social Sustainability strategies guide ourplanning processes and have created a strongfoundation on which we meet communityneeds in relation to land use, transportation,the environment, social and economicresilience and service development.”

From a financial position and outlook,Burnaby remains strong with an investmentportfolio returning an annual yield of4.49% in 2014 and income of $42.6 million,representing the largest income amountever earned in a single year for the City. Themayor projects an investment rate of returnof 4.20% for 2015 and investment income of$39.9 million.

“This income helps to reduce City taxesand provides funding for the City’s capitalinvestment in infrastructure. Seven millionfrom investment earnings is apportioned tothe annual operating budget,” said Corrigan.“In partnership with the community, we lookforward to realizing the benefits of years ofsolid planning and to ensuring that Burnabyremains a great place to live, work, learn andplay.”

The State of the City address waspresented by Platinum Sponsors TELUS andSimon Fraser University, and Gold SponsorsRicoh, ABC Recycling, Electronic Arts,Signvisions, and the Burnaby NOW.¾

www.bbot.caBBN 5

Nwhat’s new

Some of the 300 attendees at the BBOT’s ‘State of the City’ luncheon

Urban development and sustainability highlight Mayor Corrigan’s 2015 State of the City address By Michael [email protected]

At the 2015 State of the City Address by Mayor Derek Corrigan, urban development in Burnaby’s four main town centres was once again the major theme, along with City finances and highlights from Burnaby’s key economic, social and environmental strategies.

The annual luncheon, organized by the Burnaby Board of Trade, was held at the Delta Burnaby Hotel and Conference Centre, and had the largest turnout in the event’s history, with over 300 business professionals and community leaders in attendance.

“For Burnaby, the past year was another one of growth and achievement. Working with many of you here today, we further developed our four town centres

– Metrotown, Edmonds, Lougheed and Brentwood – as walkable transit-focused, high-density destinations, and we enhanced our smaller urban villages, while protecting single-family neighbourhoods and our much-used parks,” said Corrigan.

“In Burnaby, people continue to arrive and thrive. The construction value for building permits for 2014 was $699 million, the second-highest value ever. Already this year, Burnaby’s building permit values are in the range of $300 million, so we are on track for another record year.”

According to the mayor, new developments in Metrotown are creating hundreds of construction jobs and providing homes, offices, entertainment venues and retail centres. The Station Square development, which launched Phase 2 in October, will be an urban neighbourhood with 1,800 homes in five condo towers. Currently, two high-rises are being

constructed at once, creating 650 direct construction jobs and double the workforce of the first phase.

Also in Metrotown, the new developments will be complemented by a creative Art Walk that will eventually feature one of the largest concentrations of public art in the region, running along Beresford Street between Dow and McKay avenues.

Not to be overshadowed, the Brentwood area’s transformation into a dynamic urban community continued throughout the past year, with the advancement of Phase 1 of the Brentwood Town Centre redevelopment, including a new central civic plaza being built adjacent to the Brentwood SkyTrain station. Phases 2 and 3 of the Solo Development are also under way, and plans for the redevelopment of the Woodlands site into a pedestrian-oriented, transit-connected community are being discussed with local residents.

In the Edmonds Neighbourhood, a number of projects are serving as catalysts to the ongoing rejuvenation and revitalization of the area.

The recently opened Edmonds Community Centre has become a focal point, along with the adjacent outdoor plaza at Edmonds Park. The City has also committed to build a new ice facility in the southeast quadrant, and the Sixth Street community village will see new opportunities for mixed-commercial and medium-density residential development. On the current Value Village site at Kingsway and Edmonds, a project by Cressey Developments will create a mixed-use community that will include a new landmark building with a mix of commercial and office space and three residential towers.

Finally, in the Lougheed area, the City is working to maximize the benefits of the new

SkyTrain line and determine how the area can become a pedestrian-oriented hub that links to all of the region’s town centres via high-speed transit.

“Throughout the city, we are adding valuable community services and facilities, all in consideration of our longstanding commitment to economic, social and environmental sustainability,” remarked Corrigan. “Our Official Community Plan and our award-winning Economic Development and Social Sustainability strategies guide our planning processes and have created a strong foundation on which we meet community needs in relation to land use, transportation, the environment, social and economic resilience and service development.”

From a financial position and outlook, Burnaby remains strong with an investment portfolio returning an annual yield of 4.49% in 2014 and income of $42.6 million, representing the largest income amount ever earned in a single year for the City. The mayor projects an investment rate of return of 4.20% for 2015 and investment income of $39.9 million.

“This income helps to reduce City taxes and provides funding for the City’s capital investment in infrastructure. Seven million from investment earnings is apportioned to the annual operating budget,” said Corrigan.

“In partnership with the community, we look forward to realizing the benefits of years of solid planning and to ensuring that Burnaby remains a great place to live, work, learn and play.”

The State of the City address was presented by Platinum Sponsors TELUS and Simon Fraser University, and Gold Sponsors Ricoh, ABC Recycling, Electronic Arts, Signvisions, and the Burnaby NOW.¾

BBN_May2015_FA.indd 5 2015-05-15 2:56 PM


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Bour burnaby

BurnabyWelcomesWhole Foods Market!By Tessa [email protected]

Whole Foods Market opens its firstnew store outside of the Vancouver andWest Vancouver markets this Septemberin Burnaby as part of the Solo DistrictDevelopment at Lougheed and Willingdon.

Whole Foods Market is rapidlyexpanding its presence in dozens of newmarkets across the US, Canada and the UK.There are hundreds of factors that mustline up to make a site the perfect fit for aWhole Foods Market store including marketdemographics, site access, the competitivelandscape, community priorities, citygrowth strategy and others.

Why Burnaby?Whole Foods Market has been in Canada

for more than 10 years, and our successhas been built, first and foremost, by ourTeam Members. Their ability to create aunique store experience that meets thevery specific needs of the communities theyserve has made a fundamental difference.This individualized store experience hascreated strong relationships between thebrand and our customers. We’re gratefulfor the welcome we have received so farin British Columbia and we’re excited tobecome a part of Burnaby.

We’re focused on building strongrelationships with our future customersand community partners in Burnaby. We’relearning about what is important to thecitizens and leaders in Burnaby, and willdo our best to design a store that reflectsthese priorities. We appreciate the diversityof the Burnaby community, and howleaders from the business community, localgovernment, and non-profit organizationsare working together to continue to shapethe future of Burnaby.

What’s the ‘behind the scenes’ process toopening a store in a community?

Once we identify the site and agree

to terms with all partners, we announceeach store on our quarterly Earnings calls.Burnaby was announced in March, 2013. Thebuild process typically takes 1-2 years, andduring that time, we invest in learning asmuch as possible about our customers andpartners in that market. Every Whole FoodsMarket store is designed to meet the uniqueneeds of the specific community—thisincludes everything from the “look and feel”and design, the specific product mix, thespecific venues in the store and our teammembers. Each store is designed to reflectthe wants and needs of the community,and we spend a lot of time listening tocommunity leaders and neighbors to ensurethat we achieve this.

Working with the communityWe care about making a difference in

the communities we’re part of, and arevery intentional about connecting withleaders from local schools, government, thenon-profit community, the local businesscommunity and neighborhoods. Our goalis to understand what the community’spriorities are so that we can align ourresources in partnership with those efforts.

Our supplier partners are our alliesin serving the interests of our otherstakeholders in bringing to market thesafest, highest quality products available.We seek supplier partnerships that shareour concern for social responsibility andthe environment.

We hold a Local Vendor Fair ahead ofopening, where growers, ranchers, andmakers of products can spend time withour buyers to learn more about selling theirproducts in our stores. With each new store,we welcome dozens (more than 50 in ournewest Washington store, which opened5/7/15) of new vendors from that localcommunity onto the shelves of our stores,and we are deeply invested in helpingthem grow their businesses so they cansell products in other Whole Foods Marketregions across the country.

What can shoppers expect?Once complete, the Whole Foods Market

Burnaby store location will provide localshoppers with a wide selection of natural,organic and local products. Under one roof,shoppers can find a community butcher,fishmonger, baker and a team of chefscreating prepared take-out meals.

Shoppers can look forward to fresh,organic fruits and vegetables, specialtyitems, high-quality meats and poultry,everyday pantry staples and sustainableseafood. The scratch bakery will provide avariety of breads and pastries, made freshdaily, and the Prepared Foods departmentoffers options for lunch, as well as quickmeals for dinner.

Our Burnaby store will offer a strongassortment of ingredients and products thatare important to the internationally diversecustomer base that makes Burnaby thrive.

When will the store be open?Whole Foods Market Burnaby is

expected to open in late September, 2015,and we’ll have several special events leadingup to the opening including a hiring fair, alocal vendor fair and a “Friends & FamilySneak Peek”.

Can you tell me a little bit about the WholeFoods Market brand and what it stands for?Values? Differentiators?

Whole Foods Market is a mission-drivencompany that is committed to making adifference in every community where wedo business. This includes markets wherewe source products, in about 100 countriesaround the world, and certainly where wesell products in local communities across theUS and Canada, and the in the UK. WholeFoods Market aims to set the standardsfor excellence for food retailers and ourbusiness model reflects that commitmentevery day.¾

www.bbot.caBBN 7

Bour burnaby

Burnaby Welcomes Whole Foods Market!By Tessa [email protected]

Whole Foods Market opens its first new store outside of the Vancouver and West Vancouver markets this September in Burnaby as part of the Solo District Development at Lougheed and Willingdon.

Whole Foods Market is rapidly expanding its presence in dozens of new markets across the US, Canada and the UK. There are hundreds of factors that must line up to make a site the perfect fit for a Whole Foods Market store including market demographics, site access, the competitive landscape, community priorities, city growth strategy and others.

Why Burnaby?

Whole Foods Market has been in Canada for more than 10 years, and our success has been built, first and foremost, by our Team Members. Their ability to create a unique store experience that meets the very specific needs of the communities they serve has made a fundamental difference. This individualized store experience has created strong relationships between the brand and our customers. We’re grateful for the welcome we have received so far in British Columbia and we’re excited to become a part of Burnaby.

We’re focused on building strong relationships with our future customers and community partners in Burnaby. We’re learning about what is important to the citizens and leaders in Burnaby, and will do our best to design a store that reflects these priorities. We appreciate the diversity of the Burnaby community, and how leaders from the business community, local government, and non-profit organizations are working together to continue to shape the future of Burnaby.

What’s the ‘behind the scenes’ process to opening a store in a community?

Once we identify the site and agree

to terms with all partners, we announce each store on our quarterly Earnings calls. Burnaby was announced in March, 2013. The build process typically takes 1-2 years, and during that time, we invest in learning as much as possible about our customers and partners in that market. Every Whole Foods Market store is designed to meet the unique needs of the specific community—this includes everything from the “look and feel” and design, the specific product mix, the specific venues in the store and our team members. Each store is designed to reflect the wants and needs of the community, and we spend a lot of time listening to community leaders and neighbors to ensure that we achieve this.

Working with the community

We care about making a difference in the communities we’re part of, and are very intentional about connecting with leaders from local schools, government, the non-profit community, the local business community and neighborhoods. Our goal is to understand what the community’s priorities are so that we can align our resources in partnership with those efforts.

Our supplier partners are our allies in serving the interests of our other stakeholders in bringing to market the safest, highest quality products available. We seek supplier partnerships that share our concern for social responsibility and the environment.

We hold a Local Vendor Fair ahead of opening, where growers, ranchers, and makers of products can spend time with our buyers to learn more about selling their products in our stores. With each new store, we welcome dozens (more than 50 in our newest Washington store, which opened 5/7/15) of new vendors from that local community onto the shelves of our stores, and we are deeply invested in helping them grow their businesses so they can sell products in other Whole Foods Market regions across the country.

What can shoppers expect? Once complete, the Whole Foods Market

Burnaby store location will provide local shoppers with a wide selection of natural, organic and local products. Under one roof, shoppers can find a community butcher, fishmonger, baker and a team of chefs creating prepared take-out meals.

Shoppers can look forward to fresh, organic fruits and vegetables, specialty items, high-quality meats and poultry, everyday pantry staples and sustainable seafood. The scratch bakery will provide a variety of breads and pastries, made fresh daily, and the Prepared Foods department offers options for lunch, as well as quick meals for dinner.

Our Burnaby store will offer a strong assortment of ingredients and products that are important to the internationally diverse customer base that makes Burnaby thrive.

When will the store be open?

Whole Foods Market Burnaby is expected to open in late September, 2015, and we’ll have several special events leading up to the opening including a hiring fair, a local vendor fair and a “Friends & Family Sneak Peek”.

Can you tell me a little bit about the Whole Foods Market brand and what it stands for? Values? Differentiators?

Whole Foods Market is a mission-driven company that is committed to making a difference in every community where we do business. This includes markets where we source products, in about 100 countries around the world, and certainly where we sell products in local communities across the US and Canada, and the in the UK. Whole Foods Market aims to set the standards for excellence for food retailers and our business model reflects that commitment every day.¾

BBN_May2015_FA.indd 7 2015-05-15 2:57 PM


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CelebrateYour Social CommitmentBurnaby Hospital Foundation is holding its annual gala onNovember 13, 2015, which brings together hospital supporters,donors, sponsors, corporate and community leaders, all dedicatedto ensuring quality health care. This year we toast New York,the city that never sleeps, with an evening of friendship andcelebration. Please mark your calendars and be ready to enjoythe best of food, music and entertainment!

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BBN_May2015_FA.indd 9 2015-05-15 2:57 PM


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burnaby business day showcase & expofeatured exhibitors

Platinum Sponsors Event Sponsors

1. Coastal Ford Burnaby2. Vancouver Whitecaps FC3. Columbia Business Systems4. BNI Destiny5. Vancouver International Airport6. Burnaby Arts Council7. Grand and Toy8. Bestway Tours & Safaris9. BCIT School of Business10. City of Burnaby - License Office11. London Eye Centre12. Burnaby Golf13. Delta Burnaby Hotel & Conference Centre14. Investors Group15. Amica at Rideau Manor16. Neil Squire Society17. BC Responsible & Problem

Gambling Program18. Tourism Burnaby19. BACI - Burnaby Association for

Community Inclusion20. Sejong Counselling

and Communication Services21. Dominion Blue Reprographics22. Pacific Blue Cross23. SD41 - Burnaby School District24. Burnaby Hospital Foundation

25. Spacekraft26. BC Technology for Learning Society27. Business Development Bank of Canada28. Transmountain Expansion Project29. Still Creek Press30. EMPTY31. Wesminster Savings32. Smile Dental Group33. Odenza Marketing Group34. Welcome Networks35. SFU - Meeting, Events and Conferences36. Progressive Housing Society37. Fraserworks Co-Op38. Dixon Transition Society39. Metrotown Flooring Centre40. Hemlock Printers41. Brighton College42. FS Financial Strategies43. Burnaby Now44. Personas Patio+Restaurant+Lounge45. Kinetica Print46. Simon Fraser University - Continuing Studies47. Dandy Horse Cycles48. Vancouver Canadians49. Schmidt & Funk Financial Services50. Burnaby Board of Trade51. Scotiabank

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We offer business loans and consultingservices to help Canadian businesses grow,both at home and abroad. Through oursubsidiary – BDC Capital – we also offera full spectrum of specialized financing,including venture capital, equity, as well asgrowth and business transition capital.Ambitious and innovative entrepreneurs arethe engine of our economy and it is our role,as Canada’s development bank, to helpthem succeed.

is a social enterprise that practices compassion whenthey provide free assistance to victims of hate crimes.In addition, they also provide professional languageservices from/to Korean. They have certifiedtranslators and interpreters in legal and medicalmatters. They also provide multicultural forums foryour organization and community.

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www.bbot.caBBN 11

burnaby business day showcase & expo featured exhibitors

Platinum Sponsors Event Sponsors

1. Coastal Ford Burnaby2. Vancouver Whitecaps FC3. Columbia Business Systems4. BNI Destiny5. Vancouver International Airport6. Burnaby Arts Council7. Grand and Toy8. Bestway Tours & Safaris9. BCIT School of Business10. City of Burnaby - License Office11. London Eye Centre12. Burnaby Golf13. Delta Burnaby Hotel & Conference Centre14. Investors Group15. Amica at Rideau Manor16. Neil Squire Society17. BC Responsible & Problem Gambling Program18. Tourism Burnaby19. BACI - Burnaby Association for Community Inclusion20. Sejong Counselling and Communication Services21. Dominion Blue Reprographics22. Pacific Blue Cross23. SD41 - Burnaby School District24. Burnaby Hospital Foundation

25. Spacekraft26. BC Technology for Learning Society27. Business Development Bank of Canada28. Transmountain Expansion Project29. Still Creek Press30. EMPTY31. Wesminster Savings32. Smile Dental Group33. Odenza Marketing Group34. Welcome Networks35. SFU - Meeting, Events and Conferences36. Progressive Housing Society37. Fraserworks Co-Op38. Dixon Transition Society39. Metrotown Flooring Centre40. Hemlock Printers41. Brighton College42. FS Financial Strategies43. Burnaby Now44. Personas Patio+Restaurant+Lounge45. Kinetica Print46. Simon Fraser University - Continuing Studies47. Dandy Horse Cycles48. Vancouver Canadians49. Schmidt & Funk Financial Services50. Burnaby Board of Trade51. Scotiabank

BBN_May2015_FA.indd 11 2015-05-15 2:57 PM


attend the showcase &expo and you could wingreat prizes such as:• Gift certificates and vouchers to various localbusinesses

• VancouverWhitecaps FC tickets

• Gift certificates to local restaurants

• Tickets to Vancouver Canadians baseball

• Shopping andMall Gift Cards

• Gift Baskets and Gift Packs

The Burnaby Business Showcase & Expo offers free business seminars throughout the day:

strategies for small business success 1:00pmFind out how managing cash flow, growth, and other business matters can make all the difference for your business and

learn easy steps to increase profitability at this free seminar. Presented by the Small Business Experts at Scotiabank

make your networking profitable 2:00pmDo you attend a lot of networking events… but are disappointed with the minimal results you get from all your efforts? Learn the secret to

effortlessly attracting clients and referrals at every networking or social event you attend and the biggest mistakes people makewhen networking that are losing them prospects every time! Presented by Sue Clement, Success Coaching

‘click-start’ your digital marketing 3:00pmA 1-hour crash course seminar in pay-per-click advertising and how to make it work for your business. If you’re curious

about how online advertising works, this session is for you! Presented by Darcy McGilvery, Snaptech Marketing

All seminars are held in the Delta Burnaby Hotel’s Firenze Room.

name:

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email:

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drawprize ballotAttend and bring this ballot for a chance to win great prizes

Career and Degree Programs30 certificates and diplomas

300 part-time coursesWorkshops and boot camps

sfu.ca/continuing-studies

TRANS MOUNTAIN EXPANSION PROJECTCommitted to maximizing local, regional and Aboriginal

employment and procurement opportunitiesalong the proposed pipeline corridor.

The construction and first 20 years of operation is expected tocreate a total of 108,000 person-years of employment.

Workforce spend: more than $400 million on accommodation,meals and other expenditures along the construction route.

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Progressive Housing SocietyHousing, support and wellnessthrough partnerships.

Progressive Housing Society provides support andhousing services to people living with a mentalillness and to individuals who are homeless.

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Qualified Burnaby Board of Trade Members receive specialized pricingon a wide-range of products and solutions. With our simple-to-usewebsite and enhanced shopping experience, Grand & Toy makes yourworkplace a little less complicated and a lot more productive.

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DELTA BURNABY HOTELAND

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AIRPORT BUTLERMeet and Greet Service

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Reward your top customers with trip packages, and sportsand concert tickets. Ideal for auto dealers, bars, furnitureand jewelry stores. Call us at 866-883-2968 to get a free

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www.bbot.caBBN 12

attend the showcase & expo and you could win great prizes such as:• Gift certificates and vouchers to various local businesses

• Vancouver Whitecaps FC tickets

• Gift certificates to local restaurants

• Tickets to Vancouver Canadians baseball

• Shopping and Mall Gift Cards

• Gift Baskets and Gift Packs

The Burnaby Business Showcase & Expo offers free business seminars throughout the day:

strategies for small business success 1:00pmFind out how managing cash flow, growth, and other business matters can make all the difference for your business and

learn easy steps to increase profitability at this free seminar. Presented by the Small Business Experts at Scotiabank

make your networking profitable 2:00pmDo you attend a lot of networking events… but are disappointed with the minimal results you get from all your efforts? Learn the secret to

effortlessly attracting clients and referrals at every networking or social event you attend and the biggest mistakes people make when networking that are losing them prospects every time! Presented by Sue Clement, Success Coaching

‘click-start’ your digital marketing 3:00pmA 1-hour crash course seminar in pay-per-click advertising and how to make it work for your business. If you’re curious

about how online advertising works, this session is for you! Presented by Darcy McGilvery, Snaptech Marketing

All seminars are held in the Delta Burnaby Hotel’s Firenze Room.

name:

company:

email:

phone:

draw prize ballotAttend and bring this ballot for a chance to win great prizes

BBN_May2015_FA.indd 12 2015-05-15 2:57 PM


www.bbot.caBBN 13

Bour burnaby

Burnaby BoardofTrade saysit’s time to startfixing the PSTBy Michael [email protected]

The Burnaby Board of Trade (BBOT) iscalling on the provincial government tofix the tax by beginning to remove the taxburden on business investments in newequipment, machinery and software with thecreation of a refundable input tax credit.

According to a policy bulletin recentlyreleased by the BBOT, businesses in BCused to be able to claim a credit for thetaxes paid on equipment and softwareinvestments under the HST, but the switchback to the PST eliminated those credits,

Burnaby.AGreat Place to Do Business,AGreat place to work!By Tessa [email protected]

Burnaby is a growing city. With four newmixed developments rapidly underway,the recent opening of Element VancouverMetrotown and Whole Foods this September,there is an ineffable feeling of Burnaby beinga city on the move. On top of that Burnabyis also home to some great employers andso we were thrilled to see that two localbusinesses finished in the Top 10 of Canada’s50 best medium-sized workplaces in Canadain the Great Place to Work annual list. Vegaranked fourth overall, and also took thedistinction of the #1 best workplace forwomen, and software and consulting firmTraction on Demand came in at 9th spot.

Greg Malpass, Traction on Demandfounder and CEO, started his company in2006, and moved to its current home inBurnaby in 2012. Nine years later it has grownfrom 1 to 130 employees. Having attained BCorp certification, the organization is not onlycommitted to environmental sustainabilitybut to being a great place to work.

Malpass says “In 2014, we grew a lot andwe changed a lot. This award acts as a solidreminder of how amazing this company trulyis. While we need to relish in the fact thatwe are the 9th best place to work in Canada,

we must ask ourselves, how do we becomenumber one? “

Traction has a “Do good. Give good. Getgood.” culture supported by initiatives suchas monthly local community events throughTraction for Good, Traction’s non-profitarm, for Tractionites, as they are calledinternally, and their families. It also has anOffice Happiness team dedicated to makingTraction fun and fulfilling, from bringing in anonsite RMT every 6 weeks to creating travelcare packages for business trips and hostingTraction Jeopardy at Friday’s Beer O’Clock.

As of last week, Traction has also put itsculture in print, by unveiling the TractionManifesto, a handbook for Tractionitesdistilling the company’s heart and soul into52-pages of complete cultural immersion fornew hires.

When asked “why Burnaby?” he’s quickto answer “We could have set up shopanywhere in the Lower Mainland. We choseto be at the foot of Burnaby Mountain, closeto the sea, the mountains, transit and thevalley to hang our shingle and have neverlooked back. Viva Burnaby!”

Vega is another fast-growing Burnaby-based company. Company founder and CEOCharles Chang was awarded the 2014 PacificEntrepreneur of the Year. At Vega, creating agreat company culture is a priority. And you

effectively amounting to a 7% tax increaseon key investments. This has led to BChaving one of the worst Marginal EffectiveTax Rates for businesses in the country,second only to Manitoba.

The bulletin suggests that government,by implementing an input tax credit fornew equipment, machinery and softwarein particular, could help invigorate businessinvestment in the province and help boostthe competitiveness of our local firms.

“The taxes paid on business investments– such as new equipment, machinery, andsoftware – forces BC companies to pay morethan almost every other province in Canada,”said BBOT President & CEO Paul Holden.“This is the two year anniversary of thereturn of the PST, and so we thought it wasappropriate to take the opportunity to call fora credit for business inputs that could helpreinvigorate business investment, boost ourcompetitiveness, and drive economic output.”

In the policy bulletin, the BBOT suggeststhat increased tax paid by businesses dueto the re-implementation of the PST, the 1%

increase in the corporate tax rate announcedin 2013, as well as the $1.06 billion inprojected surpluses over the next three fiscalyears, means that there is now sufficientfiscal room to address the issue.

“We recognize and support thegovernment’s need to be fiscally prudent andwe’ve applauded the return to a balancedbudget in recent years. However, with aprovincial surplus of $879 million announcedfor this year, and projected surpluses of over1 billion for the next three years, we believenow is the time to commit to fixing the PST,”said Holden.

The bulletin also notes that while theimmediate goal is to have some level ofrefundable input tax credit for equipment,machinery and software implemented, theBBOT would ultimately like to see a full 7%PST tax credit for those investments phasedin, and is recommending government beginconsultations with it and the businesscommunity to address the issue.

The full BBOT PST bulletin can be foundat bbot.ca/advocacy. ¾

Aadvocacy

What is Spacekraft? Spacekraft is a co-working / shared office space for smallbusiness owners, freelancers and contractorsto rent desks and private offices, hostmeetings and attend events. Desk rental

is by the hour, day or month. We wantour members to succeed so we provideeducational, networking and socialprogramming. We are here to help yougrow your business.

Why Burnaby?There is a lot of business and residential

development happening in Burnaby.Because of the growing population thereis a larger demand for remote working.

Both New West and Surrey have co-workingspaces and we believe that Burnaby isoverdue for one.

Why our space meets our business needs?The Sovereign is an amazing building.

There are a range of businesses working outof there which provides us with great peopleto partner with. It is a central location inBurnaby, close to the skytrain and has modocar share stalls for our members to use. ¾

notice it the moment you walk through itsdoors.

A colleague and I had the pleasure ofhaving an appointment at Vega a few monthsago. The first thing that greeted us when weentered the reception area was the luscioussmell of Thai Curry Soup. Yummy!

Vega’s commitment to feeding their staffhealthy snacks and lunch (catered as wellto sensitive stomachs and food tastes likemine!) for free, is just one of ten pillars ofcreating a great work place culture. Othersinclude birthdays – by that I mean, reallycelebrating them – each and every one ofthem with ingenious work pod decorationsand delicious, memorable treats; employeesare encouraged to use and enjoy Vega’sproduct line – for free, employees enjoyfitness challenges and staying fit and heathywith one minute of squats at 3:00 pmevery day; and with their $1000 educationreimbursement program, employees areencouraged to think beyond just their job-training and look for education opportunitiesthat bring them closer to their vision of theirlife, not just their career.

Congratulations to Traction on Demandand Vega for helping to make Burnaby agreat place to do business and a great placeto work! ¾

www.bbot.caBBN 13

Bour burnaby

Burnaby Board of Trade says it’s time to start fixing the PSTBy Michael [email protected]

The Burnaby Board of Trade (BBOT) is calling on the provincial government to fix the tax by beginning to remove the tax burden on business investments in new equipment, machinery and software with the creation of a refundable input tax credit.

According to a policy bulletin recently released by the BBOT, businesses in BC used to be able to claim a credit for the taxes paid on equipment and software investments under the HST, but the switch back to the PST eliminated those credits,

Burnaby. A Great Place to Do Business, A Great place to work!By Tessa [email protected]

Burnaby is a growing city. With four new mixed developments rapidly underway, the recent opening of Element Vancouver Metrotown and Whole Foods this September, there is an ineffable feeling of Burnaby being a city on the move. On top of that Burnaby is also home to some great employers and so we were thrilled to see that two local businesses finished in the Top 10 of Canada’s 50 best medium-sized workplaces in Canada in the Great Place to Work annual list. Vega ranked fourth overall, and also took the distinction of the #1 best workplace for women, and software and consulting firm Traction on Demand came in at 9th spot.

Greg Malpass, Traction on Demand founder and CEO, started his company in 2006, and moved to its current home in Burnaby in 2012. Nine years later it has grown from 1 to 130 employees. Having attained B Corp certification, the organization is not only committed to environmental sustainability but to being a great place to work.

Malpass says “In 2014, we grew a lot and we changed a lot. This award acts as a solid reminder of how amazing this company truly is. While we need to relish in the fact that we are the 9th best place to work in Canada,

we must ask ourselves, how do we become number one? “

Traction has a “Do good. Give good. Get good.” culture supported by initiatives such as monthly local community events through Traction for Good, Traction’s non-profit arm, for Tractionites, as they are called internally, and their families. It also has an Office Happiness team dedicated to making Traction fun and fulfilling, from bringing in an onsite RMT every 6 weeks to creating travel care packages for business trips and hosting Traction Jeopardy at Friday’s Beer O’Clock.

As of last week, Traction has also put its culture in print, by unveiling the Traction Manifesto, a handbook for Tractionites distilling the company’s heart and soul into 52-pages of complete cultural immersion for new hires.

When asked “why Burnaby?” he’s quick to answer “We could have set up shop anywhere in the Lower Mainland. We chose to be at the foot of Burnaby Mountain, close to the sea, the mountains, transit and the valley to hang our shingle and have never looked back. Viva Burnaby!”

Vega is another fast-growing Burnaby-based company. Company founder and CEO Charles Chang was awarded the 2014 Pacific Entrepreneur of the Year. At Vega, creating a great company culture is a priority. And you

effectively amounting to a 7% tax increase on key investments. This has led to BC having one of the worst Marginal Effective Tax Rates for businesses in the country, second only to Manitoba.

The bulletin suggests that government, by implementing an input tax credit for new equipment, machinery and software in particular, could help invigorate business investment in the province and help boost the competitiveness of our local firms.

“The taxes paid on business investments – such as new equipment, machinery, and software – forces BC companies to pay more than almost every other province in Canada,” said BBOT President & CEO Paul Holden.

“This is the two year anniversary of the return of the PST, and so we thought it was appropriate to take the opportunity to call for a credit for business inputs that could help reinvigorate business investment, boost our competitiveness, and drive economic output.”

In the policy bulletin, the BBOT suggests that increased tax paid by businesses due to the re-implementation of the PST, the 1%

increase in the corporate tax rate announced in 2013, as well as the $1.06 billion in projected surpluses over the next three fiscal years, means that there is now sufficient fiscal room to address the issue.

“We recognize and support the government’s need to be fiscally prudent and we’ve applauded the return to a balanced budget in recent years. However, with a provincial surplus of $879 million announced for this year, and projected surpluses of over 1 billion for the next three years, we believe now is the time to commit to fixing the PST,” said Holden.

The bulletin also notes that while the immediate goal is to have some level of refundable input tax credit for equipment, machinery and software implemented, the BBOT would ultimately like to see a full 7% PST tax credit for those investments phased in, and is recommending government begin consultations with it and the business community to address the issue.

The full BBOT PST bulletin can be found at bbot.ca/advocacy. ¾

Aadvocacy

What is Spacekraft? Spacekraft is a co-working / shared office space for small business owners, freelancers and contractors to rent desks and private offices, host meetings and attend events. Desk rental

is by the hour, day or month. We want our members to succeed so we provide educational, networking and social programming. We are here to help you grow your business.

Why Burnaby?There is a lot of business and residential

development happening in Burnaby. Because of the growing population there is a larger demand for remote working.

Both New West and Surrey have co-working spaces and we believe that Burnaby is overdue for one.

Why our space meets our business needs?The Sovereign is an amazing building.

There are a range of businesses working out of there which provides us with great people to partner with. It is a central location in Burnaby, close to the skytrain and has modo car share stalls for our members to use. ¾

notice it the moment you walk through its doors.

A colleague and I had the pleasure of having an appointment at Vega a few months ago. The first thing that greeted us when we entered the reception area was the luscious smell of Thai Curry Soup. Yummy!

Vega’s commitment to feeding their staff healthy snacks and lunch (catered as well to sensitive stomachs and food tastes like mine!) for free, is just one of ten pillars of creating a great work place culture. Others include birthdays – by that I mean, really celebrating them – each and every one of them with ingenious work pod decorations and delicious, memorable treats; employees are encouraged to use and enjoy Vega’s product line – for free, employees enjoy fitness challenges and staying fit and heathy with one minute of squats at 3:00 pm every day; and with their $1000 education reimbursement program, employees are encouraged to think beyond just their job-training and look for education opportunities that bring them closer to their vision of their life, not just their career.

Congratulations to Traction on Demand and Vega for helping to make Burnaby a great place to do business and a great place to work! ¾

BBN_May2015_FA.indd 13 2015-05-15 2:57 PM


www.bbot.caBBN 14

Burnaby Board ofTrade Reviews First BalancedFederal Budget since 2008Pleased withTaxMeasures for Small Business, Manufacturers and FamiliesA

advocacy

By Cory [email protected]

Following the recent 2015-16 federal budgetannouncement by the Honourable Joe Oliver,Minister of Finance, and the Burnaby Boardof Trade (BBOT) has reviewed key elementsof this first balanced federal budget since2008. The BBOT is pleased to see severalbusiness-friendly announcements containedin the budget, including a reduction in thesmall business tax rate and an acceleratedcapital cost allowance for industry.

The approximately $290 billion federalbudget contains a projected surplus of $1.4billion for fiscal year 2015-16 and projectedsurpluses of $13.1 billion through fiscal year2019-20.

The BBOT notes that the budget containstax relief for small businesses and specificsupport for manufacturers.

The federal government is proposinga phased-in cut to the small business taxrate from the current 11% to a rate of 9% by2019. The BBOT is pleased to see the federalgovernment recognizing the importance ofsmall business to the Canadian economy andworking to provide additional tax relief tothose businesses.

The budget also contained an acceleratedcapital cost allowance for the manufacturingindustry—allowing businesses to write-off thecapital cost of manufacturing and processingmachinery and equipment more quickly. Asnoted in the BBOT’s recent PST Input TaxCredit Statement, encouraging businessinvestment in machinery and equipment isessential to increasing Canada’s productivityand innovation.

Other highlights of the budget includeincreased funding for trade developmentand export promotion; increased financing

for small businesses, and support for youngand women entrepreneurs. In addition,the creation of a new Public Transit Fund(reaching $1 billion annually by 2019) iswelcomed by the BBOT which has advocatedfor increased transportation and transitinvestment in the past.

The budget contained someannouncements relevant to social andenvironmental concerns, such as the FamilyTax Cut for families with children (whichcan provide up to $2000 in additional taxsavings) and the enhanced Universal ChildCare Benefit (which will provide an additional$60 per month for each child under 17). TheBBOT will work with its Social DevelopmentCommittee and Environmental SustainabilityCommittee to review whether thesemeasures are sufficient and to advocate thatadditional focus be given to particular issueswithin these areas by the federal government.

As part of its review of the federalbudget, the BBOT also sought analysis and

information to share with its members:Canadian Chamber of Commerce

“We salute the fact that the governmentpresented a balanced budget. But this onlyserves to bring us to base camp; we still havea mountain to climb. To keep the budgetbalanced in the future and give us a fightingchance against international competitors,the government’s priority must now shift toeconomic growth and global competitiveness.Our prosperity depends on Canadianbusiness winning in the global marketplace.”KPMG

“The major tax changes contained in thebudget include increasing the annual TFSAlimit to $10,000 (from $5,500) beginning in2015, relaxing the annual RRIF withdrawallimits, reducing the small business taxrate to 9% (from 11%) over four years, andextending the accelerated 50% CCA rate formanufacturing and processing machineryand equipment for another 10 years.” ¾


Following the recent release of the federalbudget, the Burnaby Board of Trade hosteda roundtable with the Honourable KevinSorenson, MP (Minister of State – Finance)and the Honourable Alice Wong (Minister ofState – Seniors), to provide businesses andcommunity leaders with the opportunitydiscuss and learn more about details withinthe budget.

The BBOT regularly connects withgovernment officials to help bridge the gapbetween businesses and government at alllevels. We provide our members with uniqueaccess to policy makers from across thepolitical spectrum to ensure they have themost up to date information on the policiesand decisions that affect them. ¾

BBOTHolds Roundtable with HonourableMinsters Kevin Sorenson andAliceWong

Small Business Tax Rate Proposed Effective Date

11% current

10.5% January 1, 2016

10% January 1, 2017

9.5% January 1, 2018

9% January 1, 2019

www.bbot.caBBN 14

Burnaby Board of Trade Reviews First Balanced Federal Budget since 2008Pleased with Tax Measures for Small Business, Manufacturers and FamiliesA

advocacy


Following the recent 2015-16 federal budget announcement by the Honourable Joe Oliver, Minister of Finance, and the Burnaby Board of Trade (BBOT) has reviewed key elements of this first balanced federal budget since 2008. The BBOT is pleased to see several business-friendly announcements contained in the budget, including a reduction in the small business tax rate and an accelerated capital cost allowance for industry.

The approximately $290 billion federal budget contains a projected surplus of $1.4 billion for fiscal year 2015-16 and projected surpluses of $13.1 billion through fiscal year 2019-20.

The BBOT notes that the budget contains tax relief for small businesses and specific support for manufacturers.

The federal government is proposing a phased-in cut to the small business tax rate from the current 11% to a rate of 9% by 2019. The BBOT is pleased to see the federal government recognizing the importance of small business to the Canadian economy and working to provide additional tax relief to those businesses.

The budget also contained an accelerated capital cost allowance for the manufacturing industry—allowing businesses to write-off the capital cost of manufacturing and processing machinery and equipment more quickly. As noted in the BBOT’s recent PST Input Tax Credit Statement, encouraging business investment in machinery and equipment is essential to increasing Canada’s productivity and innovation.

Other highlights of the budget include increased funding for trade development and export promotion; increased financing

for small businesses, and support for young and women entrepreneurs. In addition, the creation of a new Public Transit Fund (reaching $1 billion annually by 2019) is welcomed by the BBOT which has advocated for increased transportation and transit investment in the past.

The budget contained some announcements relevant to social and environmental concerns, such as the Family Tax Cut for families with children (which can provide up to $2000 in additional tax savings) and the enhanced Universal Child Care Benefit (which will provide an additional $60 per month for each child under 17). The BBOT will work with its Social Development Committee and Environmental Sustainability Committee to review whether these measures are sufficient and to advocate that additional focus be given to particular issues within these areas by the federal government.

As part of its review of the federal budget, the BBOT also sought analysis and

information to share with its members:Canadian Chamber of Commerce

“We salute the fact that the government presented a balanced budget. But this only serves to bring us to base camp; we still have a mountain to climb. To keep the budget balanced in the future and give us a fighting chance against international competitors, the government’s priority must now shift to economic growth and global competitiveness. Our prosperity depends on Canadian business winning in the global marketplace.”KpMG

“The major tax changes contained in the budget include increasing the annual TFSA limit to $10,000 (from $5,500) beginning in 2015, relaxing the annual RRIF withdrawal limits, reducing the small business tax rate to 9% (from 11%) over four years, and extending the accelerated 50% CCA rate for manufacturing and processing machinery and equipment for another 10 years.” ¾


Following the recent release of the federal budget, the Burnaby Board of Trade hosted a roundtable with the Honourable Kevin Sorenson, MP (Minister of State – Finance) and the Honourable Alice Wong (Minister of State – Seniors), to provide businesses and community leaders with the opportunity discuss and learn more about details within the budget.

The BBOT regularly connects with government officials to help bridge the gap between businesses and government at all levels. We provide our members with unique access to policy makers from across the political spectrum to ensure they have the most up to date information on the policies and decisions that affect them. ¾

BBOT Holds Roundtable with Honourable Minsters Kevin Sorenson and Alice Wong

Small business tax rate Proposed effective date

11% current

10.5% January 1, 2016

10% January 1, 2017

9.5% January 1, 2018

9% January 1, 2019

BBN_May2015_FA.indd 14 2015-05-15 2:57 PM


www.bbot.caBBN 15

Mmembership

TIVOLI’S PIZZERIA & RESTORANTE4201 Lougheed HighwayExecutive Hotel & Conference Centre,Burnaby, BC

Tivoli’s offers private bookings for large orsmall groups, whether it for an engagementparty, showers or for anniversaries orsimply hosting friends or families. Locatedin north Burnaby at Executive Suites HotelBurnaby, Tivoli’s offers simple, fresh cookingwith classic Italian ingredients masterfullycombined by Corporate Chef, BobanKovachevich. Served are pizzas and pastasand classic Italian inspired dishes in a warmelegant casual garden like setting overlookingthe pool with private patio.

Tivoli’s is a great place to relax and unwindafter work. It offers an amazing Happy Hour

deal: Draft beer, house red and white, andhighballs for just $4. And order selectedappetizers for a 50% discount!

Sunday Brunch is the perfect place forspecial occasions or a casual gathering. Morethan 30 hot and cold items offers extensivesalads, breakfast favourites, carving station,omelette, fresh fruit, and much more.

Pasta and Pizza Wednesday offers a wideselection of pasta or pizza for only $10 per dish!

www.tivolisrestaurants.caCall (604) 297-2118 to make a reservation.

ENTER TOWIN DINNER AT TIVOLI’S!Visit bbot.ca and find the “Our FeaturedRestaurant” page to enter.

follow us bbot.ca

Welcome new members· SPACEKRAFT· LIVINGSTON INTERNATIONAL(COURTNEY SHEANE)

· FG ARTIFICIAL SUPPLIERS INC.· ADAM HALL & CO.· MICROSOFT STORE· SOUTH BURNABY METRO CLUB· ENTAX CONSULTING· THE SILENT GARDENER LTD· WASNEY AUTOMOTIVE LTD

· THE THEATRE AT THE HARD ROCKCASINO VANCOUVER

· CANADIAN HOME IMPROVEMENTCENTER LTD.

· ROCKING HEART ROCK PRODUCTS· GOPAL & CO· PROVERBS INTERNATIONALENTERPRISES LTD

· PRIME LAW CORPORATIONT

THE VALUE OFMEMBERSHIP

GROW YOUR NETWORK

SAVE MONEY

GAIN EXPOSURE

BE HEARD

VISIT BBOT.CA TO JOIN

Businesses helping to keep Burnaby beautifulA big thanks to Still Creek Press and all theother great organizations who participatedin the Great Canadian Shoreline Clean Upon May 14th. Twenty volunteers were onhand on the sunny Thursday afternoon toremove litter from a section of Still Creekin Burnaby. The event was organized byStill Creek Press, who after the cleanuphosted a barbeque at their nearby office.It was great to see businesses from in andaround Burnaby stepping up and beinggreat corporate citizens in the community.To find a shoreline cleanup event near you,visit www.shorelinecleanup.ca. ¾

www.bbot.caBBN 15

Mmembership

tivoli’S Pizzeria & reStorante4201 Lougheed HighwayExecutive Hotel & Conference Centre, Burnaby, BC

Tivoli’s offers private bookings for large or small groups, whether it for an engagement party, showers or for anniversaries or simply hosting friends or families. Located in north Burnaby at Executive Suites Hotel Burnaby, Tivoli’s offers simple, fresh cooking with classic Italian ingredients masterfully combined by Corporate Chef, Boban Kovachevich. Served are pizzas and pastas and classic Italian inspired dishes in a warm elegant casual garden like setting overlooking the pool with private patio.

Tivoli’s is a great place to relax and unwind after work. It offers an amazing Happy Hour

deal: Draft beer, house red and white, and highballs for just $4. And order selected appetizers for a 50% discount!

Sunday brunch is the perfect place for special occasions or a casual gathering. More than 30 hot and cold items offers extensive salads, breakfast favourites, carving station, omelette, fresh fruit, and much more.

Pasta and Pizza wednesday offers a wide selection of pasta or pizza for only $10 per dish!

www.tivolisrestaurants.ca Call (604) 297-2118 to make a reservation.

enter to win dinner at tivoli’S! Visit bbot.ca and find the “Our Featured Restaurant” page to enter.

follow us bbot.ca

Welcome new members · SPACEKRAFT · LIVINGSTON INTERNATIONAL

(COURTNEY SHEANE) · FG ARTIFICIAL SUPPLIERS INC. · ADAM HALL & CO. · MICROSOFT STORE · SOUTH BURNABY METRO CLUB · ENTAX CONSULTING · THE SILENT GARDENER LTD · WASNEY AUTOMOTIVE LTD

· THE THEATRE AT THE HARD ROCK CASINO VANCOUVER

· CANADIAN HOME IMPROVEMENT CENTER LTD.

· ROCKING HEART ROCK PRODUCTS · GOPAL & CO · PROVERBS INTERNATIONAL

ENTERPRISES LTD · PRIME LAW CORPORATIONT

THe VALue OF MeMbeRsHiP

GrOW YOur neTWOrK

SAVe MOneY

GAIn eXpOSure

Be heArD

VISIT BBOT.CA TO jOIn

Businesses helping to keep Burnaby beautifulA big thanks to Still Creek press and all the other great organizations who participated in the Great Canadian Shoreline Clean Up on May 14th. Twenty volunteers were on hand on the sunny Thursday afternoon to remove litter from a section of Still Creek in Burnaby. The event was organized by Still Creek Press, who after the cleanup hosted a barbeque at their nearby office. It was great to see businesses from in and around Burnaby stepping up and being great corporate citizens in the community. To find a shoreline cleanup event near you, visit www.shorelinecleanup.ca. ¾

BBN_May2015_FA.indd 15 2015-05-15 2:57 PM

Meet some of Burnaby’s top businesses at the 2015 Burnaby Business Showcase & Expo!

seminar schedule

1:00pm Strategies for Small Business Success

2:00pm Making Your Networking Profitable 3:00pm “Click-start” Your Digital Marketing: 3 Steps to Successful Online Strategy

For more info call 604-412-0100 or visit bbot.ca.

name:

company:

door prize ballotCome to the show and enter this ballot to win prizes including Whitecaps tickets, shopping gift cards and restaurant vouchers.

email:

phone:

burnaby business showcase & expo

visit over 50 exhibitors from our diverse business community — sample products and discover new services.

attend exclusive seminars and learn valuable skills to apply to your business or career.

meet and network with hundreds of people from the Burnaby community.

win prizes and have fun!

thursday, may 21, 2015 12:00pm - 4:30pmdelta burnaby hotel & conference centre

4331 dominion street, burnaby

Presented by Platinum Sponsors Gold Sponsors

TOMORROW

!

FREE ADMISSION! FREE PARKING!

ShowExpo2015_Fullpg_3.indd 1 2015-05-15 2:03 PM

Documents

Burnaby Business News - May 2015