FROM THE SURREY BOARD OF TRADE VOL 4 NO 3 MAY/JUNE, 2011 Cloverdale Rodeo@65, EX@122 Years EVENTS - Point of Pride is Major Business Driver for Surrey MEMO A change in format a few years at the format and asked for advice on LUNCHEON WITH SFU ago, which included eliminating steer how they could implement it. That’s PRESIDENT ANDREW PETTER wrestling and calf roping has paid off what initiated the invitation to come MAY 10, 12:00 – 1:30 with recognition from the (world’s to Houston to take part in their festivi- biggest) Houston Rodeo, stating that ties.” CLOVERDALE RODEO & Cloverdale has something worth Clearly it was a winning formula, COUNTRY FAIR implementing at their event. because in respect to the changes “Cloverdale changed the format brought about by Cloverdale, MAY 20 – 24 to a non-timed format, basically bar- Melenchuk and his Rodeo Manager TOP 25 UNDER 25 rel racing, saddle bronc, bareback and Jamie Rogers were also invited back bull riding” said Dave Melenchuk, next year with the top winners from AWARDS RECEPTION General Manager of the Cloverdale this year’s Cloverdale Rodeo, to be MAY 30, 5:30 – 8:00 PM Rodeo and Exhibition. “Now, entered into the Houston Event as Houston runs a 20 day event so on the “Team Cloverdale”. DEADLINE FOR VOTING last day they implemented this new “We’re looking for great things FOR SBOT DIRECTORS format called a “super shoot out,” and because as Team Cloverdale competes MAY 31, 5:00 pm attracted 70 – 75 thousand people. next year, we’ll get great coverage on Last year they had been in touch with Fox Sport (to all of North America)”, FUTURE MEMBER us to learn more about how we arrived said Melenchuk. ORIENTATION see CLOVERDALE RODEO on page 13 JUNE 8, 4:00 pm
ANNUAL SBOT GOLF TOURNAMENT Surrey Focus The HST, Myths and Truths MORGAN CREEK JUNE 16, Shotgun 12:30 pm on India Former Premier Gordon Campbell MYTH #1: The HST will lead to paid a stiff price for the way his higher consumer prices across the The City of Surrey and the Details and registration government implemented the HST. The board; Surrey Board of Trade have reaction and the successful effort to force www.businessinsurrey.com both focused on India to create MYTH #2: Any price reductions a referendum on the tax has been highly realized by business will be pocketed businesses connections, memoranda and emotionally charged. However the of understanding and business as profits, with no benefit to the consequences of reverting to the PST/ economy or to consumers; and opportunities for the business GST system are enormous and not at ON THE community. In February, Mayor all positive as argued in this abbreviated MYTH #3: The HST will only benefit Dianne Watts with councillors, Linda (due to length) article from Richard Rees, big business, and low-income British INSIDE Hepner, Tom Gill and Barinder FCA. There’s an enormous amount at Columbians will be adversely affected. Rasode, lead a delegation of 24 stake and it’s critical that decisions are ENVIRONMENTAL BUSINESS: companies to India and in March, made from information over emotion. It’s In the eight months that have TRENCHLESS SOLUTIONS the Surrey Board of Trade, lead by President Nigel Watkinson, First-Vice time for sober reflection – Ed. passed since the HST was first FRASER SURREY DOCKS p6 President Mary Jane Stenberg and implemented, not one of these CEO Anita Huberman lead a group Addressing three HST myths dire predictions has materialized. SOCIAL MEDIA EXPLAINED p8 of about twenty to New Dehli, Agra, It’s clear that the longer the HST Economists have analysed the data, and Mumbai, to meet with the major remains in effect, the more people and now have a clearer picture of the MONEY LAUNDERING p9 Chambers of Commerce of India and understand its true impact. However, HST’s impact on BC’s economy thus a number of businesses. many British Columbians still believe far. Their research reveals that: MICHAEL LEVY OUTLOOK p10 For overviews of both missions, three myths put forward by those please turn to Pages 10 and 11. seeking to rescind the HST: WRITE OFF COMPUTERS p13 see THE HST! on page 3
SURREY BOARD OF TRADE ANNUAL GENERAL MEETING KEYNOTE: “THE TIM HORTONS STORY” BARJ DHAHAN, SANDHURST GROUP JUNE 23, 2011, 5:30 – 8:30 pm Eaglequest Golf Course at Coyote Creek For more information WWW.BUSINESSINSURREY.COM A Surrey Board of Trade publication in partnership with the Now Newspaper Follow us on Twitter: @SBofT www.businessinsurrey.com and on Facebook BN02 MAY/JUNE2011
Transform you space with Surdel’s Huge Selection of Flooring Solutions
LUXURY CARPET PACKAGE QUALITY CARPET PACKAGE Includes: 800 sq ft of elegant, luxury nylon carpet 1/2” SmartCushion premium Includes: 900 sq ft of carpet, 1/2” SmartCushion premium cushion, 13 regular cushion, 13 regular stairs, life-time guaranteed installation, all finishing strips, lift stairs, life-time guaranteed installation, all finishing strips, lift & disposal of & disposal of existing carpet, 5 rooms of furniture removal existing carpet, 5 rooms of furniture removal
NO HST NO HST 7995 5895 Offer valid until May 25th 2011 Offer valid until May 25th 2011
1695 1595 Offer valid until May 25th 2011 Offer valid until May 25th 2011 NO HST NO HST
KITCHEN PACKAGE Featuring: Tarkett® FiberFloor® DELUXE BACK SPLASH PACKAGE Includes: 200 sq ft of Tarkett FiberFloor, life-time guaranteed installation, Includes: 25 sq ft of field tile, 5 sq ft of glass or accent tile, 1 hour professional remove and replace two appliances, basic prep of existing sub-floor, & all design consultation, life-time guaranteed installation, grout, grout boost and finishing strips. schluter.
| M - F 10:00 - 5:30 | Sat - 10:00 - 5:00 | Sun - 11:00 - 5:00 | Y L M D OO EIN R WR O H ET F ET SHOWROOM S PETP FREINDLY 0511BIS MAY/JUNE2011 BN03
continued from page 1 SPECIAL REPORT The HST, The Referendum, The Future!
1. Consumer prices have not risen starting to hear anecdotal evidence of HST less regressive than the PST for What the HST means for the economy: dollar for every $165 dollars spent. across the board. the demonstrated benefits of the HST, this particular demographic. • Going back would be complex and • Under the HST, only 17% of goods Noted economist Jon Kesselman especially for small businesses. confusing for businesses, and it and services are newly taxable was first out of the gate with his For example, Institute representa- What the HST means for business: would also be extremely expensive (increasing from a 5% rate to a 12% recently released report, Consumer tives recently attended the Budget Rescinding the HST would mean for the provincial government, rein- rate); as stated earlier, 83% of goods Impacts of BC’s Harmonized Sales Lock-Up in Victoria, and spoke to a losing input tax credits for the pro- stating the now defunct PST office. and services have seen no increase Tax. Kesselman found that since the small-business owner who said she vincial portion of the sales tax, which • Maintaining the HST would and are still taxed at the 12% rate. HST was introduced in July 2010, the was shocked by the positive impact would increase the cost of doing encourage investment, create jobs, • Lower income British Columbians consumer price index (CPI) grew by the HST had already had on her busi- business in the province and make and lead to lower prices, making have been protected against most only 0.6 of 1%—in others words, con- ness. She told us she is saving signifi- BC businesses less competitive. For BC businesses more competitive. increases, and about 1.1 million are sumers are paying $1 additional dollar cant money on compliance and filing, industries like the film industry, that All of these things are good for receiving the BC HST tax credit. for every $165 dollars they spend. and that these savings, combined with could mean the difference between BC’s economy, and drive economic also the spending of this demo- (Jonathan R. Kesselman, Consumer Impacts of the input tax credits, enabled her to maintaining our status as “Hollywood growth. Ontario has made this graphic is concentrated on items BC’s Harmonized Sales Tax, February 2011). hire two additional full-time employ- North,” or watching business move transition, and if BC reverts back to that have actually seen small price Only 17% of goods and services ees. While this is just one example, it east to Toronto. The HST saves the old PST/GST system, Ontario decreases (Kesselman). spending was newly taxable under indicates how the HST can provide film companies up to $70,000 per would be only too happy to absorb the HST, which means 83% of con- new jobs, foster economic growth, television episode and more than $2 new investment. This article (abbreviated due to length) sumer spending was not subject to and increase efficiency. Similar results million per feature film, and they are • Reverting back to a tax that has few presents highlights and the reader is urged an increase. In addition, Kesselman across thousands of businesses will choosing locations based on the slim- redeeming features would make BC to read the complete article presented on found that many businesses had make a significant impact on our life- mest of margins—especially with the look like a backwater, rather than the Surrey Board of Trade website already passed savings along to their styles and our economy. Canadian and US dollars at par (Peter a thriving economy. And without www.businessinsurrey.com. customers, and that prices for a wide Leitch, FCA, president of North Shore Studios, a strong economy, it is difficult for The article originally appeared in the April variety of goods and services had 3. The HST is not bad for low-income phone interview, February 22, 2010). the province to deliver the public 2011 issue of Beyond Numbers magazine. fallen. These decreases have tempered British Columbians. • Going back to the PST/GST services on which we all rely, or to The Chartered Accounting profession sup- the rise in other prices, such as restau- “…examination of the consumer would mean that most businesses maintain and improve infrastruc- ports the implementation of value-added rant meals, which increased by 6.5% data finds that lower income house- would have to file tax remittances ture, such as schools, hospitals, and taxes, like the HST, and is a member of the between June and December 2010. holds spend larger shares of their bud- 12 times a year, instead of filing roads. Smart Tax Alliance (STA). The STA is a Ibid gets on categories of consumer goods quarterly as they do under the non-partisan alliance of 36 B.C. business and services that have experienced HST What the HST means for consumers: and industry groups formed to support the 2. Businesses are not pocketing all the small price decreases, while higher • Going back would mean return- • Since the HST was introduced, the job-creating benefits of the HST. The STA profits from input tax credits. income households spend more in ing to two tax regimes; two sets of prices of some items have risen, represents a wide cross-section of industries Without a doubt, this tax change has areas with large prices increases.” rules, treatments, interpretations, some items have declined, and the with over 800,000 employees across British had a negative impact on the bottom (Kesselman) Combined with the HST and auditors, and two sets of forms. overall impact on the Consumer Columbia. For more information regarding line for some sectors. That said, we are tax credits, this actually makes the Price Index was only one additional the STA visit www.hstjobs.ca. CELEBRATING
Fiji...... $950 2011 TRAVEL SPECIALS 25 YEARS MIDDLE EAST AFGHANISTAN SOUTH PACIFIC
IN BUSINESS $975 $1180 $950 MAY 1 - MAY 31 Addis ...... Kabul ...... Fiji...... Amman...... $980 Najaf ...... $1180 Auckland...... $980 CUSTOM WINDOW FASHION SALE Abu-Dhabi...... $860 Baghdad ...... $1180 Sydney ...... $980 ./ (34 25% TO 50% OFF Bahrain...... $890 Erbil ...... $1180 PAKISTAN ON Beirut...... $980 Esfahan ...... $1000 $850 ( All Types of Blinds + WE PAY THE HST $980 Karachi ...... Minimum purchase $1000 Cairo ...... AFRICA ( California Shutters Islamabad...... $1130 ( Custom Drapery Damascus ...... $980 Addis Ababa ...... $990 Lahore ...... $1130 Damam ...... $900 Abuja...... $1090 Peshawar...... $1100 Doha ...... $900 Algeria ...... $1020 $790 Dubai ...... Casablanca ...... $925 EBRATIN Khartoum ...... $980 OTHER SPECIALS EL G Cape Town ...... $985 C $880 Kuwait ...... Dar-Es-Salaam ...$1030 India...... $900 $1240 25 Jeddah ...... Duban ...... $1095 Bangaladesh ...... $1060 YE S $980 $1030 AR Luxor ...... Entebbe ...... Columbo ...... $1000 Muscat ...... $880 Johannesburg ...... $940 CALL FOR SHOP AT HOME SERVICE Bangkok ...... $680 $1000 Nairobi ...... $985 OR VISIT OUR SHOWROOM Mashhad ...... Hong Kong ...... $680 $950 Seychelles ...... $1120 Riyadh ...... Manila ...... $680 $960 Tripoli ...... $900 #9-12988 84th Avenue, Sanaa...... Kathmandu ...... $1320 $880 Surrey Tehran ...... $1000 Tunis ...... 0511BIS *Certain restrictions apply, taxes extra • Prices subject to change without notice SURREY • DELTA • WHITE ROCK • LANGLEY OPEN 7 DAYS A WEEK • 24 HOURS EMERGENCY SERVICE 9476 120 Street, Surrey, BC
604-597-7222 • 604-597-7922 0511BIS (Near Sabzi Mandi) 604-580-1311 BN04 MAY/JUNE2011
FROM THE Finding the Proper Balance PRESIDENT of Business Taxation Nigel Watkinson
As I write this, we are just 10 days into the Federal dropped 40% over that same period. Furthermore, as small business from the NDP, Election Campaign. However, by the time you actu- a percentage of our gross domestic product (GDP), but the downside is that Mr. ally read this, we will already know the election corporate taxes collected have increased from 2.2% Layton wants to increase results, a good enough reason for me not to venture in 2001 to 2.7% in 2007. These figures would seem corporate tax rates to 19½% into making any predictions about the outcome. to support the economic theory that lower business to achieve this. While it is early days in the campaign, it is inter- taxes promote better economic performance and The Liberals are putting more emphasis on post- esting to see how the three main parties are trying lead to more tax revenue of all types in the long-run. secondary education. Again, this is encouraging for A Surrey Board to appeal to businesses. Much is being said right Governments world-wide recognize that low-tax business as we need a well-educated and trained now about the level of corporate income tax. The jurisdictions attract businesses and jobs. Yet, despite workforce to compete. Mr. Ignatieff would pay for of Trade publication Conservatives want to reduce it from 16½% to 15%. the decade long reduction in Canada’s corporate the cost of these educational grants ($1,000 a year in partnership with The Liberals want to increase it back to 18% and use tax rates, we remained about equal to the average of for 4 years or $1,500 a year for low-income families) the Now Newspaper the extra revenue generated to pay for tax-free grants member countries of the Organization for Economic by returning the corporate tax rate to 18%. This too for students attending college or university. The NDP Co-operation & Development (OECD) in 2010. has public appeal but could result in a loss of jobs. A want to increase corporate tax rates to 19½% but It would seem that there is less public sympathy University of Calgary study done in 2010 estimates May - June 2011 instead would reduce small business tax rates (on first for reducing corporate tax rates for the larger corpo- that the difference between a 15% and an 18% cor- Vol 4 | No 3 $500,000 revenue) from 11% to 9%. All three major rations and more support for helping small business, porate tax rate could translate to as many as 233,000 parties are also offering concessions or tax credits for which is the NDP’s position. Mr. Layton is recom- jobs lost in the long-run. hiring new or young employees. There is something mending dropping the small business tax rate from From a business point of view, it would also be appealing in all of these positions. 11% to 9%. There are more than 1 million small busi- encouraging to hear that all parties intend to bal- Pledging to reduce corporate income taxes fur- nesses in Canada and, excluding the self-employed, ance the budget in the next 3-4 years, that they will ther is not a particularly popular political position to they employ over 5 million people, or about half the all work to remove inter-provincial trade barriers to BUSINESS in SURREY, take and the Conservatives could lose support over private sector work force. 98% of Canadian busi- open up our domestic economy and that they will is the official newspaper of the this. Most voters now know that corporate tax rates nesses have fewer than 100 employees and this is one speed up the process of accrediting foreign creden- Surrey Board of Trade. No portion of this have fallen dramatically since 2000 when the Liberals area where job creation is growing. There is evidence tials, so that educated and trained immigrants can publication may be reproduced in whole started to chip away at an excessively high rate of to suggest that reducing the tax rate for these busi- actually work in the occupations they have experi- 28% (federal taxes only). Mr. Harper aims to reduce nesses is more likely to add jobs to the economy than ence and skills in. or part without the permission of the this further to 15% in 2012. The economic argu- a further reduction in corporate tax rates for larger The business community, particularly small busi- Surrey Board of Trade. ment behind this is compelling but difficult to prove. businesses. This matters to BC as we and Alberta ness, represents a critical voting bloc. This election Statistics support lowering business taxes. For exam- have the highest concentration of small businesses. gives business a clear distinction between the three ple, the amount of corporate taxes collected federally Mr. Layton is also recommending a tax credit of up to major parties and their various approaches to corpo- Editor: in 2001 was $24.2 billion and in 2011 is projected $4,500 for each new employee hired by a small busi- rate taxation. Ray Hudson to be $31.1 billion, yet the corporate tax rate has ness. It is encouraging to hear such commitments to
Editorial Assitant: Heather Scragg FROM THE Editorial Consultant: Teamwork Makes The Board Work CEO Beau Simpson - Surrey Board of Trade Advocacy Teams Working For You! Anita Patil Huberman Publisher: Anita Patil Huberman [email protected] One of the major tasks of the Surrey Board of PW Trenchless Services. We want to develop a blue box homeless, business and early Trade is acting on behalf of its membership to lobby program for businesses in Surrey; ensure the safety of childhood and literacy and for changes and improvements in the various legislative hazardous waste disposal; and Stage 2 of an Emergency numeracy, minimum wage leg- Publisher/GM, Now Newspaper: environments from the municipal level through to the Response Plan with WorkSafe BC islation and a supply of appren- Marlyn Graziano national government and international business and Finance & Taxation: Eric Wilson, CA BDO Canada, tices. We’ve met with Education Minister Abbott and institutions. ministry staff in Victoria, and we are seeking tax reim- Business Development & Special Chair: This is an enormous job and it takes a lot of people At the municipal, provincial and federal levels we bursement to cover all necessary text book expenses. Projects Manager, Now Newspaper: to assist the staff of this organization to develop and comment on budget preparation and review budgets, Transportation: Mark Erdman, Consultant to Arlie McClurg execute effective advocacy. Those people are the mem- upon presentation, for both the membership and the TransLink, Chair: bers of the six standing Teams on Crime and Justice, community at large. We participate in pre-budget meet- With the infrastructure improvements and expan- Contributing Writers: Finance & Taxation, Environment, International rela- ings with the city’s finance department, to offer business sions of the South Fraser Perimeter Road, Port Mann/ tions, Social Policy, Transportation & Infrastructure perspective and suggestions on these matters. Recently Highway 1 gateway projects, lobbying for the Patullo Ray Hudson, Anita Huberman, and the Board of Directors which oversees government Ashish Gurung, Jeff Burton, Steve Carreiro we offered comments on issues of pension liabilities as Bridge replacement, and participating in wide discus- relations and industry. the population ages. The relationship here is strong and sions around TransLink and the regional transit needs I’d like to review our team structure and some of the positive. to improve the South Fraser Rapid Transit study, the Photography: many initiatives and issues, ongoing and achieved, by Our advocacy on the HST includes a survey of Abbotsford Airport, the ports and rail services, and the Teams that work for you. Submitted, Ray Hudson members posted on the website and an endorsement of their replacement or upgrade. We lobby Canada Border Crime and Justice: VP Mary-Lou McCausland, Chair the current rate. The team has developed feedback for Services on upgrading of the Aldergrove Crossing and Cover: Working to reduce crime and reinforce the city’s the federal government on corporate group filing, and participate in the border policy issues through the work brand and reputation as a safe place to live, work and a resolution for the Canadian Chamber to re-establish, of the Center for Canadian American Studies and the Bronc Rider, Cloverdale Rodeo play by promoting and enhancing the City of Surrey’s as a permanent program, the stimulus program to allow Border Policy Research Institute at Western Washington Crime Prevention agenda wherever appropriate. We write off of computer equipment within the first year. University in Bellingham. Delivery Issues: conduct Crime Awareness Breakfasts all around the city The SBOT Board of Directors is very much con- [email protected] International Affairs: Mary Jane Stenberg, Kwantlen including City Centre, Newton and South Surrey with Polytechnic University, Chair: cerned with assisting with Economic Development in Guildford and Port Kells next. The SBOT has hosted We are developing an International Trade Centre, the city, is developing a Business Help Line to assist Office: seminars on “Fraud Awareness” and “Counterfeit a first for chambers and boards of trade across the businesses to obtain quick reference to resources to Tel: 604.581.7130 Products and Piracy.” We are currently assessing the country. Currently 12 countries support the proposal resolve business issues. The board has established an Fax: 604.588.7549 results of our crime survey as part of our up-coming and have MOUs under consideration with their home agenda to visit not only the Ministers and MLAs at the campaign “Report the Crime – Everytime.” governments. In 2009 the SBOT took a delegation to legislature in Victoria, annually, including the senior The team has submitted many resolutions on crime China and this year went to India. This was highly suc- department managers to exchange views and build Web: to the Canadian Chamber, with three under preparation relationships www.businessinsurrey.com cessful and more are planned. The team also actively on consistent truncation of credit card numbers, devel- advocates for better processes for recognition (and Finally, the Surrey Board of Trade will again visit opment of a national ID Theft Identification card for remediation where required) of foreign credentials and Victoria to meet with Finance Minister Kevin Falcon #101, 14439-104 Avenue victims, and legislative adjustments to protect private expediting education visas for foreign students. and a number of senior officials with various ministries. information. The advocacy side of the Surrey Board of Trade Surrey BC V3R 1M1 Canada Social Policy: Penny Priddy, Consultant & Geoff Dean, involves between sixty and one hundred people includ- Environment: Melanie Houlden, Deputy-Chief Librarian Kwantlen Polytechnic University Co-Chairs Surrey Public Library, Chair ing the staff, directors and volunteer members who give We are working for a resolution of education fund- of their time and expertise to make the Surrey Board of Dealing a wide variety of issues including Global ing shortfalls in Surrey at all levels from preschool and Food Issues and local food production including sup- Trade one of the most effective advocates for business all day kindergarten, through K to 12 and post second- For more information and to investigate participating porting a paper by Dr. Brent Mullinex and Dr. Arthur ary and trades schooling at both Kwantlen and Simon Fallick of Kwantlen Polytechnic University outlining in our advocacy programs, check out our website, or Printed on Recycled Stock using Fraser universities through the campaign, “Education contact me, the Policy Manager Ray Hudson or any of sustainable agri-food systems. We chronicle the environ- Today Productivity Tomorrow.” vegetable based inks mentally positive success business stories in our news- the Team Chairs. Please recycle this product. Our positions and policies include, business and the paper, including profiles of Fraser Surrey Docks and MAY/JUNE2011 BN05 BEST ♦ CERTIFIED ORGANIC GROCERY STORE & VITAMIN & SUPPLEMENT STORE THANK YOU FOR MAKING US #1 AGAIN!
COME SEE US FOR ALL YOUR VITAMIN & SUPPLEMENT NEEDS
PROSTATE PERFORM
A complete ONE-A-DAY formula for prostate health A natural approach that offers relief in 3-7 days. Effective in stopping the urgency, low volume, frequency, and strain Sleep through the night and enyoy a stress-free day because you’ve discovered a formula that works
Helping 1million LIVER FORMULA people lose weight – for free!
New Roots Liver formula 'ET YOUR &2%%* COPY OF cleanses and rebuilds your 4HE Vice-Busting Diet and learn how small changes can make liver for optimum health a huge difference. Julia Havey, author and master motivator, is helping women and skin tone. You will across North America achieve their weight loss goals. notice improved digestion &REE WITH PURCHASE OF PARTICIPATING 0'8 PRODUCTS*Free &REE WITH PURCHASE OF PARTICIPATING 0'8 PRODUCTS with purchase of participating PGX products. and energy, reduced GoGo to to to PGX.com PGX.com PGX.com for for 24/7 24/7for 24/7 stress and allergies, and FREE member member access access to: to: FREEs The member Vice-Busting Diet access E BOOK AND AUDIO BOOK to: noticeably healthy, glowing •s s TheThe WEEK 0'8 PROGRAM WEIGHT LOSS JOURNAL Vice-BustingVice-Busting Diet Diet e-book E BOOK AND AUDIO BOOK and audio book • s #OMPREHENSIVE HEALTHY EATING FOOD GUIDE26-week PGS program weight loss journal s s #ONSULTATIONS WITH MASTER MOTIVATOR *ULIA (AVEY WEEK 0'8 PROGRAM WEIGHT LOSS JOURNAL skin in 30 days. • Comprehensive healthy eating food guide s #OMPREHENSIVE HEALTHY EATING FOOD GUIDEs .UTRITIONAL COUNSELLING AND MORE •s #ONSULTATIONS WITH MASTER MOTIVATOR *ULIA (AVEY Consultations with master motivator Julia Havey •pgx.coms .UTRITIONAL COUNSELLING AND MORE Nutritional counselling · I-800-895-I470 and more naturalfactors.com
Book your appointment for our FREE Naturopathic Clinic happening twice a month! PRSNUTRITION SPORTS BULK FOOD
• • Awarded Best Organic/Health Food/Vitamin Store 11 years in Surrey/North Delta • Awarded Environmental / Green Retailer of the Year • Nominated for Surrey Board of Trade business excellence award Fresh Food 74th & King George Boulevard, NEWTON VILLAGE 604-501-0116 Family Farms OPEN 8 DAYS A WEEK MON -FRI 9 - 6:30 • SAT 9 - 6:30PM • SUN 10:30 - 6:30PM VITAMINS 0511BIS • ORGANIC DAIRY, MEATS, GROCERY AND PRODUCE • BREADS • BODY CARE • VITAMINS • BULK FOOD • BN06 MAY/JUNE2011 BUSINESS PROFILE Trenchless Technology Cuts Carbon - Green Solution to Aging Infrastructure
David O’Sullivan
Everyone at some point has turned onto their very big way” says O’Sullivan. “but we’ve learned (annually) right now. Metro Vancouver is hoping Germany. favourite route to be confronted with disrupted over the last thirty years, to use PVC and other to ramp up to about $200 million in the next three As of next year, all of the cities of BC through traffic as a backhoe, a team of civic workers and a plastic products which have a much longer lifespan. or four years, but the vast majority of that $200 the UBCM are aiming to be effectively carbon neu- supply of barriers, blinking lights and flag persons Never-the-less, we will have to replace all the old million is actually spent on diesel to move dirt in tral in direct day-to-day operations. That means attend to a trench being dug in the road to reach infrastructure, and it’s going to be very expensive.” and out of the excavations. If we can eliminate that that operation of their ice rinks, sewage systems, and repair or upgrade a sewer or water line or other Another consideration today is that it will gener- we can eliminate a lot of CO2. trucking maintenance of roads and stuff like that utility. But the reality is that the traditional method ate an enormous amount of carbon dioxide if we Measuring The Carbon Footprint will need to be carbon neutral. To achieve this, of digging a trench is hugely time consuming, dis- proceed with the traditional construction using they will try to lower their carbon footprint as far Working with a scientist at the University of ruptive, and every expensive financially, as well as trenches. as possible, and for what they cannot reduce, they Waterloo Ontario we developed a carbon calcula- in terms of the energy expended. “What you’re trying to do is locate a pipe in will buy credits or off-sets from the Pacific Carbon tor– so we could prove savings in trenchless opera- What if you didn’t have to do all that digging? an area of ground that is anywhere from four to Trust. tions of about 90% over open cut methods. In There would be significant savings fiscally and twenty feet deep”, says O’Sullivan. “The actual Construction is not within the mandate for 2009, through SFU, with money from the National environmentally. Trenchless technologies in most pipe area is very small, say a diameter area of one their carbon neutrality, but by us developing a Research Council, we created a much more sophis- cases are the most effective method of repairing square foot, but you’re removing about 200 sq ft protocol, which is the next thing we have to do, ticated calculator which is available on line now and replacing aging and failing infrastructure, and of material to get down to the pipe. If the pipe can we can generate a usable carbon credit that they for anybody to use. Now our national association installing new infrastructure. be replaced without moving all of that material can use internally and offset some of the other has teamed up with the research and development David O’Sullivan, is President of PW including the asphalt surface, you eliminate all of carbon generators of other operations. So that’s arm of the US Oil and Gas companies which are Trenchless, and director of the BC Chapter of the the energy (most of it petroleum based) associated the next phase that we’re undertaking now. spending about half a million dollars improving it North American Society for Trenchless Technology with excavating all that material.” For more information, photos of the pro- further. So our calculator developed in BC is now (NASTT-BC) and he’s been championing this O’Sullivan says, if we can reduce these without cesses and the free carbon calculator, please go coming into use all over North America. It’s also method as one to save both the environment and interfering with the way we live, it would be a much to http://pwtrenchless.com. being looked at by various groups in the UK and the budget in doing this necessary work. easier sell on the public. “When we talk about According to O’Sullivan the savings arise in two reducing carbon dioxide is, everyone thinks it’s major areas when comparing trenchless technol- going to be more expensive and we won’t be able ogy to traditional open cut methods. The energy to continue doing the things we’ve become accus- (carbon) saving is about 90% and depending on tomed to doing. But here we’re offering a method the trenchless method used, the cost savings range of construction that will allow you to achieve the between 25% and 40%. same results and yet have a much lower carbon “In Vancouver they started to put in water sys- footprint. As well in lots of cases it’s actually tems about the 1880’s,” says O’Sullivan. “From that cheaper. It’s a win win win situation.” time, up to the 1920’s, the pipes used were cast iron O’Sullivan estimates there is roughly $50 bil- for water mains and clay for sewer pipes. Both of lion of infrastructure existing, according to Metro those products have a life span of about 130 years. Vancouver’s numbers, So, given the hundred year That deadline is upon us. There was a hiatus in lifespan for that product, that would mean replace- infrastructure building in a big way until the 1950’s ment programs should be spending $500 million a when they recommenced building sewer and water year just replacing existing infrastructure. Most of lines. The preferred pipes had changed too, and what people see on the streets is actually the instal- the product used then was asbestos-cement which lation of new infrastructure. had a significantly shorter life span, about seventy “Now, the vast majority of that $500 million is years. Now we have the original and the newer actually the expenditure of moving dirt to get at the infrastructure expiring at about the same time.” pipe, not the installation of the pipe, and we don’t “Of course, we’re still installing utilities in a spend $500 million. We spend about $150 million Efficiency reduces environmental impact - The Greening of Fraser Surrey Docks LP
Surrey’s own, Fraser Surrey Docks LP at the port. Much of their cargo is transferred and packages of lumber, with containers and Existing transit (FSD), located in the northwest corner of directly to rail, which efficiently reduces steel being the highest volume items. sheds around the the city, off River Road, it’s the largest multi- trucking activity and regional road conges- Along the wharf, giant gantry cranes move property have purpose marine terminal on the Pacific coast tion. Empty cargo containers can be stored the containers from ships to trailers towed by been retrofitted of North America. This operation handles right in the yard, instead of being trucked specialized trucks. Other equipment includes with high effi- Bill Wehnert, VP, FSD containers, break-bulk (non-container cargo), elsewhere. An online cargo management large forklifts. The yard layout puts the con- ciency lighting that project cargo, and now bulk agricultural system reduces paper use and offers real- tainer area in the centre, with direct access to automatically shuts off when not needed. products, while pursuing versatility and time information for customers. As Metro three berths serviced by the gantry cranes. Another efficiency is at the container gate efficiency, and working to be continually Vancouver grows, Wehnert expects there will Shed 1, a new building, will hold bulk where trucks line up to present paperwork. greener, according to Bill Wehnert, VP Sales be more business for FSD. “agri-products” such as canola pellets and No idling is permitted. Port Metro Vancouver & Marketing. A tour of the yard by Brady Eno, Assistant dried distilled grain, to be exported overseas maintains licensing rules that prohibit older, “Water is most environmentally friendly Manager, Sales & Marketing, shows steady for animal feed. A mobile conveyor system high emissions trucks from entering the yard. for cargo movement,” he says. Ships are activity, and a variety of cargo in transit: con- allows each ship to remain in position at FSD’s own fleet of pickups boasts automatic energy efficient, and come well inland to dock tainers, steel pipe, steel plate, spools of wire, the berth throughout the loading process. idle shutoff. see ENVIRONMENTAL IMPACT next page MAY/JUNE2011 BN07 Environmental Impact Customers not finding continued from previous page your website? Probably the most visible investment FSD nership that is part of Port Metro Vancouver. With our SEO package, we can get your site has made in saving energy is the purchase of a The authority controls the land, and the in the top Google results. hybrid switching locomotive. A “Green Kid” terminal holds a long-term lease on 150 acres. converted by Railpower has been on the job Both cooperate on marketing and infrastruc- here for seven years. Instead of a main engine, ture projects. Like most ports, this one is a Make your computer do the work. it packs a bank of batteries and a diesel gen- major economic generator. It provides 80 to erator. The Green Kid burns half the fuel of 90 direct jobs, with the claimed multiplied a conventional switching locomotive, and is value of 4000 jobs, $200 million in wages, significantly quieter. FSD is now trying out and $440 million in gross domestic prod- tekBusters an electric forklift in the yard. Future “green” uct. The employees, including subsidiary considerations include use of vegetable-based Pacific Rim Stevedoring, handle an average Business & Home IT Solutions hydraulic fluid, Tier 3 standards compliance of one deep sea vessel per day, moving cargo on building energy use, and regenerative through direct connections to any North Call Gerry at 778.294.2917 engines running on ultra low sulphur diesel American destination via four major railways, TekBusters do IT right. www.TekBusters.ca fuel for yard tractor trucks. and Surrey’s truck routes. 042611 Port Metro Vancouver is working to pre- Wehnert says, “At FSD, we’ve been able serve clean air and water, while lowering its to offer long term employment, with a lot carbon footprint at 28 terminals in the region of pride and memories.” It appears smart by offering reduced harbour dues to shipping decisions are making the port operation lines using lower emissions vessels. Their staff increasingly more sustainable now and for the also check all docking vessels for overboard future. discharge, and inspect engine room logs. David Conn, Surrey Public Library (retired) Founded in 1962, FSD is a limited part- is a member of the Environment Team. 0511BIS Aerial view of Fraser Surrey Docks
art snursery GARDEN & HOME 0511BIS BN08 MAY/JUNE2011 Facebook, Twitter & LinkedIn – What’s the Difference? Ashish Gurung
Facebook, Twitter and LinkedIn are the three relationships with largest online communities (Social Media) in the customers, whether world today. The offer platforms where you can it’d be enterprise create profiles, interact with others and network, or consumers. By taking part in active everyday and represent a serious purpose for your business. conversation with customers, you’re building trust Facebook, the largest social network today, is and credibility. Twitter: every business, and every primarily a closed platform consisting of friends entrepreneur, should be active on this. It’s good for and family. You need mutual friendship acceptance business, and great for building up your personal before you can view other profiles. It is rich in network and brand. media (photos & videos), contains meaningful LinkedIn is the professional network. Your 0511BIS connections and most importantly, optimized for LinkedIn account is your online professional sharing. Facebook’s business solutions include presence that connects you to others designed for Facebook Pages for Businesses, and Facebook the business professional. Your profiles consist Ads. Facebook Pages allows companies to create of your previous work experience, your business YOUR BEST CHOICE FOR a public, and open Facebook presence. People on connections and your recommendations. LinkedIn BUSINESS ACCOMMODATION facebook may “Like” your company’s page, and allows you to stay in touch and keep updated with We take care of you. IN LANGLEY/SURREY follow your company’s updates. You may post your business connections, whether it be a former photos, video and other updates to engage your colleague or someone you met at a networking • 85 Well-Appointed Rooms Complete with potential customers. Facebook Ads are perfect to event. The service also makes it super easy for your High Speed Internet Access, Cable TV advertise to specific demographics – it’ll segment connections to refer you to their network – making and On-Command Movie System ads based on gender, location, age, interests and word of mouth marketing that much more • Dedicated Executive Floor to the Business Voted 2009 many more. Facebook is best for companies powerful. LinkedIn: Every business professional Traveler complete with renovations, Best of the targeting consumers. needs to have a presence on. The connections you Best Hotel deluxe furnishing and amenities. Twitter is a micro-blogging network where users have on LinkedIn will be an invaluable network in Langley/ • 100% Smoke-Free Property post text updates that are less than 140 characters. either in your current or future business ventures. Surrey • Complimentary Hot Continental Breakfast It’s an open network where you’re allowed to Next edition I’ll explore some of the top • Indoor Pool, Hot Tub & Fitness Centre, ‘follow’ people without their confirmation. questions and concerns about these media and the Business Centre Twitter is the best platform for conversation; the answers. Tweeters – Start Your (search) Engines! • ABC Family Restaurant service is excellent for businesses professional Ashish Gurung is a Social Media ambassador to network with each other and to keep up with with the Surrey Board of Trade, helping businesses Conveniently located 10 minutes from trends in their industry. Twitter allows you to get started and maximize use of social media. the new Golden Ears Bridge and ONLY monitor conversations around your brand, engage E-mail him at [email protected] or follow him 15 minutes from the U.S. Border in your community, and reach out to customers @ashishgurung. 19225 Highway 10, Surrey (Langley By-Pass) 604.576.8388 directly. Twitter is very powerful in building strong
Toll free reservations: 1.888.576.8388 • www.RamadaLangleySurrey.com 0511BIS
Who would pay your expen$e$ if an illness kept you Win a Suite Canucks away from work? Playoff Experience. WinWin 1 aof 14 Suite trips to the Canucks Canucks Playoff Run. Prize includes: Two tickets to a VIP suite at Rogers Arena, limo ride to and from the game and dinner at Boston Pizza. Call for a Playoff Experience. Free Quote Win 1 of 14 trips to the Canucks Playoff Run. Prize includes:CANUCKS Two tickets COMBO to a VIP suite at Rogers Arena, limo ride to $and12 from the95 game and dinner at Boston Pizza. In the event of diagnosis of a CANUCKS COMBO $ 95 Critical Illness MONTHLY PREMIUMS* 12 • Receive a lump sum amount** to Age Male Female help you recover from a serious illness 35 $16.47 $18.18 or condition 40 $19.71 $23.72 • Ease your mind and fi nancial pressures 45 $27.23 $30.15 • Protect your fi nancial well-being
*Based on non-smoker, $50,000 CANUCKS COMBO coverage, 10 year term. Smoker rates Plans can be tailored to suit your needs Starter size wings and a sleeve of also available. Rates subject to change. and budget. Don’t leave it too late! Molson Canadian served in a Canucks glass. How to Win: Beginning March 29th, Try our Canucks Combo, any items off our Call today: 604.581.9121 enter to win during any Canucks game feature sheet or a Molson Canadian and at any Lower Mainland Boston Pizza. receive an entry to win.
or visit us online at All entries will also have the chance to win 1 of 4 limited edition Canucks hockey stalls with an authentic signed www.for-my-future.com jersey, or a $200 BP gift card. Draws will take place at the end of the Canucks playoff run. 10430 144 Street, Surrey Boston Pizza is your Canucks Hockey House **Benefi t is paid when you are diagnosed with a covered critical Boston Pizza - Newton Here to make you happy. illness, as defi ned in the policy, and satisfy the survival period, KING’S CROSS MALL as defi ned in the policy. 600 - 7488 KING GEORGE BLVD. SURREY, V3W 0H9
tel 604 599 8877 Registered trademarks of Boston Pizza Royalties Limited Partnership, used under license. Helping protect your interests © Boston Pizza International Inc. 2010.
and fi nancial health since 1975 Ask server for details. 0511BIS First Draw will take place on Saturday April 9th following the Canucks’ last game of the season. Second Draw will take place after the Series 1 fi nal game. Third Draw will take place after the Series 2 fi nal game. Fourth Draw will take place after the Series 3 fi nal game. One entry will be given per item purchased off the feature sheet or a Molson Canadian. No purchase necessary. Must be legal drinking age. Must be present to win. *This contest will only continue as long as the Canucks remain in the playoffs. Only available at Lower Mainland Boston Pizzas. One BP gift card will be awarded per participating location. A total of four (4) Canucks hockey stalls with authentic signed jersey will be awarded amongst all participating locations including Vancouver Island. ‘Vancouver’, ‘Orca whale’ and associated word marks and logos of the Vancouver Canucks are trademarks of INSURANCE INVESTMENTS EMPLOYEE BENEFITS Vancouver Canucks Limited Partnership and are used under License. All rights reserved. † Registered trademark of Boston Pizza Royalties Limited Partnership, used under license. © Boston Pizza International Inc. 2011. ®† 0511BIS MAY/JUNE2011 BN09 Cleaning Up Dirty Money NEW!! - Recognition and response to laundering money
Terrorism and international crime are in our The majority of small businesses are excluded faces every day, and it is natural for us to be smug, from the list of those who are mandated by living in a civilized country that is comparatively Canadian legislation to report suspicious Opening Hours: peaceful. But the untold story about these images transactions, so why should you as a business and events is the source of funding that facilitates owner worry about money laundering? It doesn’t 11am Mon-Sat; them and the way laundering plays a frequent role mean your business will never be affected by 9am Sunday in financing terrorism and organized crime that money laundering, so it’s all the more reason to be steals the life-blood of the our economy. diligent. The reality is that money laundering is Competition in businesses is normal and Unit 101-18789 happening under your nose and you don’t healthy provided that all operate on a level playing Fraser Hwy, even know it! Small businesses have been and field. But businesses propped up by an injection Surrey continue to be a factor in the process of turning of venture capital derived from drug trafficking (corner of 188th) “dirty” money “clean” by taking money derived creates an uneven playing field because such a from illegal/illicit activities and sanitizing business doesn’t have to worry about making a
604-575-5480 0511BIS (laundering) it so that the source of the money profit when dirty money is laundered through its is disguised through conversion (often several operations. Worse than unfair competition is the times) into other forms of money and assets. serious potential for drug related violence that Law enforcement agencies world-wide dedicate often follows laundered money to the business massive resources for tracking and seizing the next door which is guaranteed to drive away your proceeds of crime. Organized crime does not want customers. to leave behind clear evidence of the proceeds of In future issues we will look at how small crime so every effort and strategy is used to cover business is involved in money laundering with: the trail as • Actual examples drawn from Canadian ‘‘Helping You Become Debt Free’’ quickly as and US cases possible and • Signs and symptoms and common move the explanations and excuses about the origin Are you in Debt? proceeds of of money • Are you receiving collection calls? crime into • Know Your Customer (KYC) and • Are your wages being garnished? the shadows establishing policies and procedures to • Are you paying high interest on your credit cards? - do what it combat money laundering, and once takes to make discovered what action you should take. GET A FRESH START... WE CAN HELP! dirty money • How to report suspicious transactions and We can reduce your debt NOW! untraceable. where to get more help For a free and confi dential appointment call: Toronto Offi ce (Head Offi ce) Surrey Offi ce Calgary Offi ce The Jeff Burton is author of The Burton Report #43-8500, Torbram Road #212-3132, 26 Street NE at www.burton-report.com and is a member of the Brampton Suite #205-12033, 92A Avenue Calgary Crime & Justice Team, with assistance from Cpl 905-789-8984 604-951-8984 403-714-8984
Jeff Burton David Reece, RCMP Proceeds of Crime Section. Or visit our website: www.bscc.ca 0511BIS A Healthy Planet
Have you ever sat leisurely sipping a cocktail out of a plastic glass while on a fl ight to a sun destination like Cancun or Veradero? Did you know that during your fl ight one million of those glasses will be used on US airlines? That was an astonishing fact to Steve McClurg and Sharon Kurtz. The fact that US airlines use over one million plastic cups every six hours, was one of the reasons they became founding members in the formation of Healthy Planet Earthware Society, a non profi t environmental group dedicated to the education of the hospitality and travel industry on alternatives to petroleum based plastic disposables. Kurtz, the founding President of Healthy Planet, is a veteran volunteer on several environmental campaigns. McClurg who honed his campaign skills in the political arena is “reformed” as he likes to put it and has become the Markets Initiatives Campaign Director for the organization. A lot of people have asked why target the travel and hospitality industries?, said McClurg “The answer is simple, airlines and hotels are responsible for incredible amounts of waste but have the ability to tweak their marketing plans and make plastic glasses and containers a thing of the past”, said McClurg. Sharon Kurtz believes that if, “airlines allow customers to pay for their choice of seats, numbers of bags, and types of meals they should easily be able to allow for choice on whether or not they want their drink served in a biodegradable cup or a plastic one. “It’s the same with hotels “she said. “Including an option for biodegradable cups is not diffi cult for them.” It would also help makes them good cooperate citizens and environmental leaders. Steve McClurg knows from past experience that focusing efforts on the market place will have a large impact. “Healthy Planet Earthware Society will work to educate consumers, airlines and hotel chains so that they are aware of the environmental impacts of using plastic cups and containers”, said McClurg. Both McClurg and Kurtz have a vision that not only includes wiping out the use of plastic cups and other destructive containers, but gives local communities the opportunity to gain thousands of sustainable jobs producing non petroleum based containers. “There are companies, both locally and internationally that have perfected” the technology to compress cellulose fi bres into biodegradable containers said McClurg” We could produce a lot of BC jobs because virtually any type of plant fi bre can be used”, he said. In the next few months, this relatively new environmental non- profi t plans to knock on the doors of some of the biggest users of non-compostable plastic and Styrofoam containers. They are pretty sure there will be laggards and leaders and their goal includes keeping consumers aware of who is committing to becoming an industry leader. A new website and campaign plan is in development. For more information contact 778-773-9918 042911 BN10 MAY/JUNE2011 FOCUS ON INDIA Immediate and Future Business Success from Mayor’s India Tour
Calling it a significant step forward matches in India, and I’m pleased to say wide. Life sciences company bioLytical in building the business and civic that was achieved.” Laboratories secured an eight-hospital relationships between the City of In total, four Memoranda of commitment for its rapid HIV testing Surrey and those throughout India, Understanding (MoUs) and a number unit. Simon Fraser University secured Mayor Dianne Watts’ ten-day Business of deals were completed or moved three MoUs in the area of student and Surrey Councillors Tom Gill, with Linda Hepner and Barinder Rasode Mission, took her to seven cities to final incubation stage, and the 24 faculty exchange and R & D agree- stand with Mayor Dianne Watts in front of the Golden Temple at throughout India. companies represented on the Mission ments for groundbreaking technology Amritsar “Surrey has deep and strong natu- established strong relationships with invented by Dr. Erik Kjeang, with the ral ties to the people and the regions potential partners in India. Over 110 SFU Mechatronic Systems Engineering such strong results after the second • Identifying opportunities for aca- throughout India, and it was important individual meetings were held during Program in Surrey. day,” says Mayor Watts. Advanced demic partnership and R & D. for me to experience the country of the highly successful trip. A number of the clean tech sector matching and exploratory work prior Thirty-two delegates representing India firsthand to fully understand For companies such as Wok Box companies made significant progress to arriving in India has resulted in a 24 companies in the clean energy, edu- those ties,” says Mayor Watts. “This was Fresh Asian Kitchens, a Surrey-based towards MoUs or deals, and organiza- number strong relationships coming cation, wood and manufacturing, film a Mission about achieving economic company, the trip yielded such positive tions such as Mantra Energy are in the together quickly. and entertainment, life sciences, com- success and jobs for Surrey, and foster- results the company is looking at mul- final stages of negotiations. Surrey- “I’m pleased the businesses achieved munications technology and business ing relationships between our com- tiple offers from major Indian conglom- based corporate services agency Oxus early and mutually beneficial results and finance sectors participated in the panies and their appropriate business erates to take the company country- Nexus achieved a significant deal and with the companies they came to meet Mission. is working on the details of a second in India,” says Watts. “We anticipate The trip, from February 10 to expand the company into India, and over the next several months we will – 21 and included time in Mumbai, several promising relationships were see a number more deals come togeth- New Delhi, Bangalore, Chandigarh, formed in the wood and manufacturing er. On behalf of the City itself Mayor Jalandhar, Ludhiana and Amritsar. sector and the film and entertainment Watts signed a MoU with the Mayor During the time in Amritsar all four sector of the visit. of the City of Janlandhar, Rakesh elected officials, Mayor Dianne In fact, due to the rapid develop- Rathmore, to establish relationships Watts, Councillors Linda Hepner, ment of partnerships during the trip, between the two cities in the areas of: Barinder Rasode and Tom Gill vis- Mayor Watts asked the Consulate • Developing sustainability initia- ited the Harmandar Sahib (Golden General of Canada to provide support tives and emissions reduction Temple) where all four were to the Surrey companies in the area of strategies; honoured by Temple officials who local business service expertise to facili- • Sharing information on clean presented the delegation with saro- tate ongoing deals. energy systems; pas, the highest honour that can “We asked the Consulate General’s • Building industry relationships to be bestowed on visitors. This was office to facilitate technical and profes- identify market opportunities; a fitting culmination of the highly Mayor Watts signs one of the many agreements and MoU’s while sional business services locally in India • Sharing waste management successful trip. councillors Hepner and Gill look on. for our delegates after we started seeing practices;
Bad News and Good News!
It’s been awhile since we’ve very good for Canada and you see employees displaced may rely on China for a lot had a chance to talk and it really sends out a signal that by machines. This makes of what they need and the sounds like the whole world is in Canada is one of the key places the factories more profitable Chinese could be a big pro- upheaval; the Japan earthquake in the world where people but makes workers shift what vider of infrastructure mate- and nuclear crisis, the Libyan want to put their money. And they’re going to do. I’m watch- rial. Remember, the Chinese action, the budget, problems over this is for very good reason: we ing the employment numbers. not only produce within their the US and whether or not they have a sound banking system Certainly they aren’t where own country, but they own a can even get a budget together. Is and we have stable govern- we would like them to be but lot worldwide and China and there any good news here? ment, despite the election, and it’s better than a lot of other Japan are big partners right Michael Levy is the Although there are some we have just what the world countries and employment is now in a lot of manufacturing. Financial Commentator for Canadian manufacturers wants in commodities and getting better in Canada so that Japan counts on China for a lot and exporters still suffering, natural resources. So Canada shift seems to be taking place of remanufactured goods and the Corus Radio Network the good news is a higher is a magnet and the strong with some pain but taking components that go into the and is regularly heard Canadian dollar supports Canadian dollar is as a result place nonetheless. merchandise that they ship so Canadian citizens because of that. How are the commodities it’s going to be interesting to. on CKNW. A Director what it raises our purchasing Even if you’re an exporter you markets looking to you? Japan How do interest rates trends of the Surrey Board of power of imports. In other still have the opportunity with particularly is going to need an look to you going into the sum- words, when we go off shore the stronger dollar to replace enormous amount of material to mer? Trade, he is the founder either to the US, Europe or equipment and all that sort of rebuild and we are the provider If I’m going to stand on one and Managing Director of over to Asia we’re buying with thing you may have to buy off of a lot of that kind of material? forecast our rates are going a stronger Canadian dollar. shore. Yes we will see changes in up. We’re seeing it in the bond Border Gold Corporation. Goods come in cheaper and And Canadian manufactur- the Japanese infrastructure market you saw it in the mort- that lowers our cost of liv- ers have done that in signifi- and yes they are going to need gage market in the past couple ing to what it would be with cant measure. Now the down- energy and probably lumber of weeks. Canadian five year a weaker dollar and raises our side of that is that factories from Canada but they are standard of living. So a strong have become more efficient going to end up doing a lot continued on Canadian dollar I think is very with fewer employees and so of things differently. They next page MAY/JUNE2011 BN11 Surrey Board of Trade commits to India FOCUS ON INDIA by signing MOU’s - Establishes reliable on the ground partners “I am very pleased that the requires, through collaborative Surrey Board of Trade, with Surrey Board of Trade is here service providers and its the full support of the Canada- with us tonight at the Canadian international chamber/board of India Business Council, took High Commission. I wonder why trade network. By establishing 20 delegates to India – four-day more Canadians are not coming in Memoranda of Understanding cultural tour and the remaining 5 droves to become a partner in the (MOU’s) that detail each party days focused on business. development process of India. We as (a) promoting international During this trip MOU’s as a people are very similar”, said membership with the SBOT were signed with the World MOU with the World Trade Centre - Mumbai President of the Indo Canadian (b) by having the SBOT as the Trade Centre – Mumbai, All Business Chamber and GM India first point of contact to establish India Industries Association hub for establishing and joining Institute of Management. & Country Head at Air Canada, business connections (vice- – Mumbai, Electronics and businesses from country to Hamilton Duncan Armstrong Mr. Arun Pandeya - Delhi, India. versa) (c) to promote Surrey Computer Software Export country, and help them find the & Stewart Lawyers met with The SBOT has set an businesses in India (vice-versa) Promotion Council – Delhi, right partner in this emerging Nishit Shah & Associates Legal innovative goal of establishing and to identify opportunities Associated Chambers of market. & Tax Lawyers, and Singhania a Surrey International Trade for industrial and commercial Commerce and Industry of India Delegates to India benefited and Sons - all looking for Centre, the only one of its cooperation between India and (ASSOCHAM) – Delhi, and from the rich connections of the international affiliations. kind in Canada housed in a Surrey. the India Merchants’ Chamber. President of the Canada India Networking meetings for all Board of Trade/Chamber of Five years ago, the SBOT These will help form the Business Council, Vivek Savkur. of the delegates were strategically Commerce environment. It went to China. In 2011, in this foundation of the Surrey Board Coast Capital Savings, Canada’s organized, by our industry and will bring together all of the declared year of focusing on of Trade International Trade second largest co-operative bank, chamber of commerce partners, international services a business Canada-India Relations, the Centre, which will become a saw great opportunities with in such a way that presented other cooperative banks in India additional opportunities for in bringing business to both them. And now it remains to countries including meetings follow up. We will update our with the Shimrao Vitahal membership and business Cooperative Bank Ltd (India’s community on successes. second biggest bank in the The Surrey Board of Trade cooperative sector), Exim Bank is in the international trade (a Indian government bank in the business and here to stay. We import/export finance sector), are looking for the support and HDFC Bank (India’s premier of the federal and provincial commercial bank). Coast Capital government and private Savings also met with Karanvir sector support to make the Bohra, a Bollywood personality, International Trade Centre in at the World Trade Centre in Surrey a reality. It will happen. MOU with the India Electronics and MOU with the India Merchants’ Chamber Mumbai where plans are being There is so much more Software Export Promotion Council laid to shoot a film in India and information and so many more Canada. industries and contacts to alert Bevco Systems, that you on, including our meeting ECONOMIC UPDATE provide innovative conveying with FICCI (the Federal India cont. from previous page systems for food and beverage Chamber of Commerce). manufacturing, met with Petals Everyone is keen and anxious closed mortgages up .35 of 1%. India Ltd, a leading manufacturer to see the International Trade That’s the open market the of high speed injectable machines Centre become a reality. Please place where business is done for pharma and food industries go to www.businessinsurrey. and has no government influ- and Sidal, that designs and com to our International Section. ence, no Bank of Canada influ- fabricates bottling and packaging 2012-Watch for the Surrey ence and what the market trad- for the beverage industry. Board of Trade’s Business ers are saying is interest rates are Kwantlen Polytechnic Trip to Brazil and Costa Rica University met with St. Xavier’s - another emerging market that going up and I say we saw that College, SNDT Women’s will be connected to Surrey. as a reflection of the bond mar- University, and the Welingkar ket that will work its way down MOU with ASSOCHAM - association of all Chambers in India into the Bank of Canada rate and I think that there’s nobody more anxious to raise rates than the Governor of the Bank of Canada. He’s got to do it pru- dently, July 19th should be the first time. Always a caveat, we have to be aware that there can be unforeseen things take place in this world I mean we saw what’s happening in the Middle East but barring some kind of a super event I think interest rates will start a long slow climb this summer. MOU with the Indo Canadian Business Chamber at the Canadian High All India Industry Association New Gen Awards at the Taj Palace Commission BN12 MAY/JUNE2011
Get a Free Personal CHERYL LOST Health Analysis, and 24LBS AT save up to 3 months U SURREY off your program.* Learn the 3 secrets to optimal health and wellness. Reach your health and weight loss goals with this personalized, doctor formulated program.
604.589.5483 15355 Fraser Hwy, Surrey • www.becomeuagain.com
*New full health & weight loss programs only 0511BIS MAY/JUNE2011 BN13 Cloverdale Rodeo
continued from page 1
Economic Boon for Surrey and services to tourists attending the Information taken from BC Statistics event are estimated at $53,000, with show that apart from the entertainment another $30,000 generated by indirect spectacle of the rodeo and country fair, supplier industries. the positive financial impact on Surrey Direct employment for the operation and the province is enormous. of the Cloverdale Rodeo & Exhibition “Total spending by tourists attending (477) includes both full- and part-time the rodeo last year is estimated at employees as well as a large number $1,010,000. Spending on food and of hired contractors. Employment in beverages not purchased at the event supplier industries is estimated at 11, ($242,000) and accommodation with another 4 jobs being generated ($195,000) accounts for approximately in industries indirectly supplying the 43% of total tourist expenditures. Of project with goods and services. the total amount spent by tourists, An estimated $266,000 of GDP is approximately $854,000 in spending generated directly by the event with is on goods and services (net of taxes) an additional $553,000 generated in produced within BC. industries directly supplying goods & Industries that produce goods and services to the event. Further down the One of the world’s best shows in rodeo is also one great business driver as estimates peg services used by tourists attending supply chain, another $237,000 in GDP spending by tourists attending the rodeo at $1,010,000. the rodeo contributed an estimated is produced.” $447,000 to the province’s GDP. Another $199,000 in GDP results from Highlights for this year’s rodeo and White Spot Triple O is coming on sight “Attesting to the credibility of our activities of supplier industries further exhibition this year. He also flagged that on the rodeo,” said Melenchuk, “we invite the along the supply chain. Melenchuk said that along with Sunday night there will be a free public top 96 cowboys in the world, based Approximately 12 jobs are generated the old favourites, they’ll bring back concert featuring Doug and the Slugs. on their final rankings for 2010. The in industries directly supplying goods the West Coast Logging Show and As well, we’ll have wine tasting, and of invitations go out in January of each and services to tourists attending the Monster Truck Ride that was very course our Long Horn Saloon will be year, and at this point I think we have the rodeo while another 3 jobs were popular. West Coast Amusements will in full operation again this year. And 94 of those 96 confirmed (about a generated by indirect suppliers. Tax feature four brand new rides that they’ll something never done before, in the dozen of those are Canadian). So we revenues associated with the activities debut for their summer season, and Stetson bowl, they’ll show an outdoor take that as confirmation that we throw of industries directly supplying goods in addition to about 35 food vendors, family movie. one of the best shows in the world.” Write Off Computers In One Year
- Making Permanent the In the ongoing thrust of its advocacy, the of a business over a period of more than one • 100% depreciation rate - the tax shield is Surrey Board of Trade will ask the federal gov- year. Currently businesses depreciate computer about $265 Accelerated Capital Cost ernment, through the Canadian Chamber of equipment (fully) over a longer period of time, The tax shield represents the value of the tax Commerce, to reinstate and make permanent, a roughly a period of 9-10 years with most of the depreciation in today’s dollars to a corporation Allowance for Computer temporary stimulus program instituted by them depreciation being taken within the first 3-4 under certain assumptions. Conversely, it would Equipment in 2009 to allow businesses to write off the cost years. This depreciation rate (even over 3-4 also represent the lost tax revenue to the federal of computer equipment purchases over a single years) would appear to be inconsistent with the government as a result of permitting the deprecia- year rather than the extended period of time as intended principal behind the CCA rates (i.e. tion deduction in the calculation of taxable income. tax law currently allows. This temporary “stimu- depreciating an asset over its useful life). What the above example illustrates is that lus” measure was very popular and particularly But what of the impact of the proposed by comparison the lost revenue to the federal valuable to small businesses. change on tax revenue, can Canada afford to government in today’s dollars is not significant. Capital Cost Allowances (CCA) rates are let this continue? In a document prepared by However, the benefit to a small business owner is generally intended to reflect the economic Surrey Board Director, Steve Carreiro, a CA and significant from a cash flow perspective as they will benefit of the asset over time – i.e. over its partner with KPMG, he wrote: get the immediate benefit of the tax depreciation useful life. The depreciation rate is intended On a $1,000 piece of computer equipment, the deduction in the first year as opposed to spreading to reflect the fact that depreciable assets con- difference in tax shield under both depreciation that benefit out over 3-4 years. tribute to earnings over a period of time and rates (assuming a general corporate tax rate of The Surrey Board of Trade will ask in a are not consumed in the year in which they 26.5% the rate for BC for 2011) and a rate of resolution: That the Federal Government per- are acquired. Given how quickly technology return ranging between 2% and 5% is not signifi- manently change the Capital Cost Allowance changes however, it would seem inappropriate cant. In summary: (CCA) depreciation period for computer to assume that computer equipment has a use- • 55% depreciation rate - the tax shield ranges equipment, to a period of one year (as reflected ful life and contributes to the earnings potential between $250 and $260 in the recent accelerated CCA program).
ENJOY HUGE SAVINGS - UP TO 90% OFF
SIGN UP AT swarmjam.com BN14 MAY/JUNE2011
before May 6 to receive customs compliance. The series runs through June an additional $25 off per 2011. More Info: Yvette Fox at 604-538-1566, NEW MEMBERS ACROSS the person. More Info: Carol [email protected] or www.pcb.ca/seminars FEBRUARY: B ARD Jackson at 1-800-799-8848 or SOS Children’s Village BC will be holding their Abbsry Tires Fleetwood [email protected] or www. fundraiser run on May 29 at the Richmond Olympic Boston Pizza Guildford ucantrade.com Oval Plaza. They aim to have over 300 runners and Boston Pizza Newton Congratulations The Surrey Memorial Hospital Foundation has con- The Board of Kinsmen Lodge is busing prepar- raise $25,000. They are looking for major event Canadian Mortgage Experts firmed $750,000 in new donations through their 100 ing to launch their Honouring Elders Fundraising sponsors, silent auction prizes, food sponsors, volun- Desjardins Financial Security Independent Days to Give Campaign. The three leading donors Campaign – a half million-dollar initiative to pur- teers and entertainers. More Info: Lois Bouchard at Network of the campaign are Foxridge Homes – a Qualico chase interior furnishings and equipment for the [email protected] or www.sosbcrun.ca Envision Credit Union - Fleetwood Company ($300,000), the Surrey Memorial Hospital comfort and safety of Elders in their new building. Auxiliary ($250,000) and the Surrey Firefighters SOS Children’s Village BC would like to remind you Fintastics Cuts for Kids The new facility, located at 96th Avenue & 137A of their partnerships with Husky and Mohawk. SOS HSBC Canada - Panorama Location Charitable Society ($150,000). McQuarrie Hunter Street, will open on January 1st, 2012. The Board is LLP has also pledged $50,000 towards the campaign. Children’s Village BC has enrolled in their commu- Invigo Marketing Systems Ltd. pleased to announce that Director Thomas Harding, nity rebate program and receives 2% of all purchases Jim Pattison has donated $5 million to the campaign, Trial Lawyers Advocacy Group, has enthusiastically It’s Your Move - Say No to Boxes The City of Surrey has won the Canadian Award and the Foundation is looking to raise a further $5 made at either Husky or Mohawk Stations. More James L. Davidson & Company accepted the role of Cabinet Chair. Mr. Harding is Info: 604-574-2964 or [email protected] for Financial Reporting for excellence in govern- million. More Info: www.100days.smhfoundation. currently forming his cabinet and invites members Jans Custom Upholstery mental accounting and financial accounting for the com or Jason Howe at 604-585-5666 ext. 778284 or of the business community to contact him if they SOS Children’s Village BC is looking for volun- Jelly Delight 14th year in a row. The award was presented by [email protected] are interested in helping to Honour Elders with a teers to assist with the Food & Wine Festival and Jerred Kostashuk - Student Member the Government Finance Officers Association of gift of their time and expertise. More Info: Thomas the Parade of Trees. More Info: www.facebook. Kal Inspection & Truck Repair Ltd. the United States and Canada (GFOA) to orga- Announcements Harding at [email protected]. com/SOSChildrensVillageBC or development@ Neil Maharaj - Consultant nizations who demonstrate full disclosure in their sosbcorg. annual financial report. More Info: Tara Foslien at Enjoy a fabulous day of music, dance and family Lantrax Logistics Ltd Nicky Cheung - Student Member 604-375-4584 fun Saturday May 28 at the 37th Annual Alexandra is pleased to announce SOS Children’s Village BC will be hosting the 7th Pam Tennant - Student Member Festival. Explore the Family Fun Zone with your that Andrea Paine has Annual Food & Wine Festival on September 22 at Perminder Chohan of Desjardins Financial The City of Surrey and the Surrey School little ones, browse more than 60 artisans booths, joined their team of truck Eaglequest Golf Course (7778 152 Street). Join Security Independent Network District are partnering to reopen the former East enjoy non-stop entertainment on an outdoor stage, freight brokers operat- them for an amazing night of local and international Ravi Bhindi of Coldwell Banker Vantage Realty Clayton Elementary School in September 2011 and don’t worry about parking - take their free ing out of their Langley wines, gourmet food from local restaurants and to help address overcrowding issues at Hazelgrove Right Trucks Sales & Service Ltd. shuttle from the Crescent Beach Legion parking office. Andrea brings artisan food merchants, silent auction and entertain- Elementary School in Cloverdale. The City will Simplex Home Design lot on 128th beginning at 11 am. Come back in the five years of transporta- ment. Tickets are $60 each or register for VIP tickets lease the East Clayton Elementary School building, Soaring Spirit Counselling and Psychotherapy evening for the Festival Dance - always a sell-out! tion service experience for $100 each. More Info: 604-574-2964 ext. 228 which contains five classrooms, and the surround- Trans Global Logistics Inc. There’s something for everyone at this family event to the organization. or [email protected] ing land to the school district from April 1, 2011 by the beach. More Info: [email protected] or Lantrax provides error- Tutor Doctor - Fraser Valley through to the end of June 2013. The facility will be Grab a bite at Boston Pizza and 10% of your bill will www.alexhouse.net free transportation of goods via inter-modal and be generously donated to SOS Children’s Village used as an annex to Hazelgrove Elementary School. over-the-road systems throughout North America. MARCH: Analytic Systems has recently begun supply- BC! Keep your receipts from Boston Pizza at #600 More Info: Tara Foslien at 604-375-4584 More Info: Andrea Paine at 604-514-4900 or Abbotsford Entertainment & Sports Centre ing products for a power system for the Shadow® - 6486 176th Street in Surrey and mail them, or Community Savings Credit Union has been named [email protected]. Tactical Unmanned Aircraft Systems which are in drop them off at the SOS Children’s Village BC Aspen Planers Ltd. one of Canada’s top 100 best workplaces. The local service with customers including the U.S. Army Lafflines Comedy Club is moving into the historic office. They will be submitting receipts monthly Charter Bus Lines of British Columbia credit union made the national list by cultivating and Marine Corps. More Info: Bill Walker at 1927 Columbia Theatre in New Westminster. They for this great fundraising opportunity! More info: David Conn - Retired Member a workplace culture that values its employees. In [email protected] or 1-800-668-3884 or are now officially Western Canada’s largest Comedy www.sosbc.org Earls Restaurant Guildford Ltd. addition to an above industry average compensation www.analyticsystems.com Club in the newly refurbished theatre. They are package, Community Savings also places a strong The Surrey Board of Trade will be participat- Gaganz.com Services Inc. planning to have a grand opening in the near future. ing in the Heart & Stroke Foundation’s Big Bike Green Land Enterprise Ltd. emphasis on work-life balance. These factors have The BC Human Resources Management More Info: 604-522-4500 or 604-525-2262 helped the financial institution to achieve one of Association Fraser Valley Advisory Council would Fundraiser on May 18 at 10:45am. Help us meet Incentu Solutions Inc. the highest credit union employee retention rates in like to invite business owners and managers to Total Morgan Creek Golf Course is looking for volunteers our fundraising goal or join our team! Donations Jenish House Design Limited BC. More Info: Edward Dron at 604-637-5010 or Reward Strategies for Today’s Market workshop on and sponsors for the 2011 Canadian Junior Boys can be made online or at our office (101-14439 104 Jetko Import & Export Inc. Avenue, Surrey). More Info: Heather Scragg at 604- [email protected] April 28th and to the Legal Symposium: Current Championship taking place August 1-5. More Info: Jibinfo System Inc. HR Challenges – A Legal Perspective, on May 19th, [email protected] or 604-531-4653. 581-7130 or [email protected]. The Tsleil-Waututh Nation and Surrey-based wind Keith Alton both at the Sheraton Vancouver Guildford. More turbine manufacturer Endurance Wind Power The 4th Annual NightShift Charity Golf Classic is The Surrey Passport Canada office has moved to Lions Parking Ltd. Info: Deborah Finlayson, CHRP at 604-531-5355 announced a new partnership to bring renew- this year taking place at The Redwoods Golf Course the Central City Shopping Centre at 10153 King Lower Mainland Down Syndrome Society or www.bchrma.org George Boulevard. Their new hours will be from able energy to First Nation communities at the in Langley, on Tuesday, June 7. This fundraising Murray Latta Progressive Machine Inc. event helps NightShift Street Ministries operate 8am – 4:30pm Monday to Friday. More Info: Alternative Energy for B.C. First Nations confer- Save a rabbit this Easter with the Burn’s Bog Society. Newton Whalley Hi-Way Taxi Ltd. as it relies entirely on the goodwill and donations www.passportcanada.gc.ca or 1-800-567-6868 ence in Vancouver on February 17. More Info: “Adopt” a rabbit without the hassle of cleaning up Precision Plating Ltd. Brian Hanson at 604-579-9439 or bhanson@ the carpets. Other animals are available for “adop- of individuals, organizations, churches and busi- Rose’s Frozen Foods endurancewindpower.com tion” and all come with a personalized certificate. ness to support people living in poverty or on the More Info: 604-572-0373 or www.burnsbog.org streets of Surrey. The all-new format starts early with Sabzi Mandi Supermarket The German Canadian Congress, BC donated registration at 9:30 am for an 11:30 am shotgun Safe Harbour Infomatics Central City Shopping Centre is pleased to ARTIST OF THE $1,560 to support the SOS Children’s Village start. There will be an early-evening BBQ buffet Sukh Johal BC Fostering Growth Program. More Info: announce the launch of their new website. and auction, with guest speaker Ryan Walter join- MONTH The Co-operators www.sosbc.org More Info: www.centralcity.ca ing them over dinner. Early-bird tickets are avail- Artist Irma Bijdemast is currently displaying her The Rotary Club of Surrey Nexterra Systems Corp., a leading supplier of bio- The Centre for Child Development will hold their able until midnight on April 28, for only $199 per work at the Surrey Board of Trade (101-14439 TMG The Mortgage Group 10th Annual Run, Walk & Roll for our Kids on person (regular price $230) and includes golf, cart, mass gasification heat and power systems, announced 104 Ave, Surrey). For information on art rentals Top Local Rankings Inc today that it has been named to the Rocket Builders May 15 at Bear Creek Park. The event will begin tailgate registration party and BBQ buffet. Dinner- or purchasing, call the Arts Council of Surrey at Virk Law Group 2011 “Ready to Rocket” list of B.C. clean technology at 9:30am and is open to athletes of all abilities. only tickets are available at $60 each. More Info: 604.585.2787. companies. The list recognizes fifteen privately-held More Info: www.cdfbc.ca/events or 604-591-5903 www.NightShiftMinistries.org or Carmen at Wireless World clean technology companies that are positioned to or [email protected] 604-953-1114 or [email protected]. Wise Owl Montessori Childcare Inc. capitalize on clean technology and industry trends to The City of Surrey kicked off the construction of NitroLube introduced Nitro-Steel and Nitro Cor- achieve rapid growth and attract investment. More the new city hall and community plaza building in Seal this month. These are two new products to the Info: www.nexterra.ca or www.readytorocket.com RECEIVE $100 City Centre on March 1. The new city hall will be market. Nitro-Steel is a Pure 316 Stainless Steel spray Know someone that should be a member of the Surrey Board of Trade? located at 104 Avenue and University Drive. More suitable for anything that requires high heat resis- Let us know, and if they sign up successfuly, you’ll receive a $100 SBoT Info: Tara Foslien at 604-375.4584 tance and rust preventing on boats, trucking, equip- ment, vehicles, piping, fire walls and many other credit. Contact Indra, Ben or Zinnat for more info: 604.581.7130. On March 3, the City of Surrey, along with the applications. Nitro Cor-Seal is a battery terminal BCAA Traffic Safety Foundation, Police, the and electrical components corrosion inhibitor that Middelaer Family and other community supporters JOIN THE SURREY BOARD OF TRADE extends battery life and protects electrical connec- launched the Back the Bus fundraising campaign in tions from corrosion. NitroLube unveiled the prod- Find out how membership in the Surrey Board of Trade opens doors memory of Alexa Middelaer. Funds raised from the ucts this month at the Lordco Auto Parts tradeshow to new business opportunities, locally and internationally! Be a part of campaign will be used to purchase new, state-of-the- with over 18,000 attendees at the Pacific Coliseum in art mobile impaired driving testing units for use by Surrey’s business voice at al levels of government. Vancouver. More Info: www.nitrolube.com all police forces in BC. More Info: Tara Foslien at Attend the June 9th Networking Breakfast at the Sheraton Vancouver 604-375.4584 The North Surrey Lions Club is embarking on Guildford Hotel 7:30 to 9:30 am Bill Rempel, VP and General Manager of Blackwood a year-long project to raise money for the Surrey Surrey is one of the most prominent communities Partners, Central City, presented cheques recently Memorial Hospital Foundation. They hope to raise represented in Green Zebra, the Lower Mainland’s to K.C. Gilroy, Coordinator of the Surrey Christmas a Mile of Toonies, which translates to over $100,000 premier guide to sustainable living and coupon book Bureau (right) and Marilyn Herrmann, Executive to provide the hospital with specialized equipment ONGOING SPONSORS for ethical deals. Space is now available in the Director of the Surrey Food Bank. Over $3,600 was that will benefit us all. Prospera Credit Unions in 2012 guide, a powerful marketing vehicle for com- collected from a recycling program and a charity gift- Surrey is collecting funds on their behalf. More Info: Sheraton Vancouver Guildford Hotel 604.582.9288 munity-minded businesses. Published by TB Vets wrap table. More Info: K.C. Gilroy at 604-581-9623 [email protected] or toonies@ Official event sponsor for the Surrey Board of Trade. Charitable Foundation in support of BC hospitals, or [email protected] northsurreylionsclub.com Green Zebra guide’s broad reach will help you drive Arts Council of Surrey 604.585.2787 The Surrey Christmas Bureau will be holding sales and expand your clientele, while telling your Pacific Customs Brokers Official artwork supplier for the Surrey Board of Trade office. it’s 2nd Annual “White as Snow” Gala Dinner sustainability story. Sign up by June 10 or ask is hosting a series of on Friday, June 24 at the Mirage Banquet Hall in about their early bird special in May. More Info: educational seminars Canadian Springs 604.764.0608 Cloverdale. “This is a major fundraiser for us,” www.greenzebraguide.ca/signup and workshops to assist Official supplier of bottled water for the office Chair Jaspinder Brar stated. “We count on strong business owners, import- International Market Access will be holding a full community support to assist over 2,000 local ers, exporters, managers, One Bean Coffee 604.897.6551 day seminar on doing business in the USA on May families each year.” Many levels of sponsorship are CFO’s, purchasers and Official coffee and tea sponsor 12 from 8:30am – 4:30pm. Tickets are $195 each available and tickets are now on sale. More Info: shippers on topics relat- or $145 when you book in groups of two or more. Charter Bus Lines of British Columbia 604.940.1707 K.C. Gilroy at 604-581-9623 or coordinator@ ing to Canada and USA Or, join the session after lunch for just $75. Register christmasbureau.com importing, exporting and Preferred Coach Supplier MAY/JUNE2011 BN15 THE CHOICE OF INTERIOR DECORATORS & DESIGNERS
Surrey Upholstery welcomes Gay-Dreanne formerly from ‘That Final Touch’ bringing 25 years experience in drapery, blinds and custom bedding to our store! • Furniture • Drapery • Blinds
Specialists since 1986 8567 132nd Street, Surrey 604-594-0440 email: [email protected] www.surreyupholstery.com 0511BIS BN16 MAY/JUNE2011
Exclusive Seminar Series for Business Owners Business Ownership and Personal Wealth Specialized Advice Gives You the Edge in Achieving Your Goals
Decisions around tax planning, retirement strategies, insurance needs and investment vehicles all benefit from a solid understanding of the different rules that affect business owners. We invite established entrepreneurs and incorporated professionals to join us for the following special presentations on building and protecting personal wealth. ProtectingHow to Structure your Business, Our Location: JuneMay 2 263 youryour FFamiinancialy andl Assets your Lifestyle WUnhdyerstan RRSPsd ma they notdifferent be the ty bestpes ofid eains foruran bucsinesse t How owners to get t better Put corporate rates t K nowcash whento wor yko tu’ Crereate oyovuerr- owninsure pensiond t Life tins Reuducranece ta asxes a tat Cxoor shedlinateter t Getting persona clash and o cuorporatet of your incorporationvestments t IBuynvestmenting insvehiuranclesc exclu in ysiouver personafor businessl name owners vs. thro t Truughsts y to Hour ldcorporationing companies
EstateYour E xPitlanning Strategy: : Apri Junel 14 9 URetirementnique Cha llandenges Succession and Opportunities Planning WMhakye b yuosinessur bu sinessowners more and attratheirc famitive ltoies b fauycerse u nit Kqunowe c hathellenges true v at luHowe of to yo proteur bucsinesst your t assets fromChoose do uanbl ex tait xstrategation ty W t hSytr “Tucrutustsre” persona - Testamentarl and cy,orporate inter viv inosv estmentsand alter egot Create t Three retirement common ly missecash fldow opport t Minimiunitiesze ta t xSucces t essionUnderstan planningd the t$ P7rote50,000cting capita youlr gainsfamily e tx emptionBypassing probate
HowYour toEx itStructure Strategy : #100 - 1676 Martin Drive June June 2 93 yourRetirement Financia andl Assets Succession Planning Presented by: WMhakye RR yoSPurs bmausinessy not bemore the attra bestc itidveae tofor b buyusinessers t K nowowners the t trPuute cvorporatealue of y ocashur b tousiness work t Create yCohooseur own an pension exit strateg t Reducy t Setr taucxtesure t C personaoordinatel an personad corporatel and in corporatevestments in vt estmentsCreate retirement t Investment vcehiashcl flesow e xclut Minimisive forze tabuxsinesses t Un ownersderstan td T rtheusts $ 7t 50,000Holding c apitacompaniesl gains exemption
Protecting your Business, May 26 Sessions are 60-90 minutes in duration, and beginyour at 6:30 Fami pm.l yPlease and arrive your a Lfewifesty minutesle Understand the differentearly types for of ins seatingurance t andHow to registration. get better rates t Know when you’re over-insured t Life insurance as a tax shelter t Getting cash out of your corporation t Buying insurance in your personaAl name light vs meal. through will yo uber corporation provided. Seating is limited so book early. SessionsRSVP to are [email protected] 60-90 minutes in duration, and begin at 6:30 pm. Please arrive a few minutes early for seating and registration. Aor light (604) mea 535-4732l will be provided. Seating is limited so book early. Dave Lee FMA, CFP, CSWP, FCSI RSVP to [email protected] or (604) 535-4732 Wealth Advisor 604-535-4743 [email protected]
® Registered trademark used under authorization and control of The Bank of Nova Scotia. ScotiaMcLeod is a division of Scotia Capital Inc., member CIPF. All insurance products are sold through ScotiaMcLeod Financial Services Inc., the insurance subsidiary of Scotia Capital Inc., a member of the Scotiabank Group. When discussing life insurance products, ScotiaMcLeod advisors are acting as Life Underwriters (Financial Security Advisors in Quebec) representing ScotiaMcLeod Financial Services Inc. 0511BIS