February 12, 2016
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Monday, April 18, 2016 | Sheraton Wall Centre Vancouver, 1088 Burrard Street Early Bird $139 Resiliency in the Digital Age: Ends February 12, 2016 Cyber Security Summit Register now at boardoftrade.com/cybersecurity “We are urging the federal government to strategically invest in B.C. and our region...to help us become Canada’s economic engine.” Tim Manning, pg. 3 FEBRUARY 2016 • VOLUME 56 • NUMBER 2 THIS ISSUE Global thinker coming to Vancouver Members vote in favour of historic name change · 2 World-renowned economist Michael Porter will give a special lecture March 3 at VBOT The Vancouver Board of Trade and teacher. Throughout his career Federal Infrastructure is teaming up with the GLOBE at Harvard Business School, he Minister speaks Feb. 11 · 2 2016 conference to host a special has brought economic theory and lecture by corporate strategy strategy concepts to bear on many Board urges Ottawa to legend Michael Porter, arguably of the most challenging problems invest in B.C. · 3 the world’s most influential thinker facing corporations, economies on management and competitive- and societies, including market Remembering former ness. competition and company strat- Premier Bill Bennett · 4 In his presentation, Porter will egy, economic development, the address the global shift to a low- environment, and health care. carbon economy and its impli- Porter’s extensive research is cations for Greater Vancouver’s widely recognized in governments, business community and key corporations, NGOs, and academic industries throughout B.C. circles around the globe. His re- Carbon has fuelled and built search has received numerous our businesses and economies awards, and he is the most cited since the dawn of the industrial scholar today in economics and Director spotlight · 5 revolution. Now, for the first time in business. While Porter is, at the hundreds of years, we are witness- core, a scholar, his work has also Photo highlights · 6 ing a shift. Advents in technology achieved remarkable acceptance and the growing threat of climate by practitioners across multiple Young professionals tackle change have begun a rapid transi- fields. community challenges · 7 tion to a low-carbon economy. Tickets for this event are on sale This change to our conven- now through GLOBE 2016’s regis- How women hold the key tional economic model brings tration system. Those interested in to potential gains · 8 with it significant challenges and attending should use the promo opportunities. From energy and code VBOT to access our special @boardoftrade renewables to technology and pricing. Bulk ticket purchases are materials science, every industry also available by emailing carmen. /VancouverBoardofTrade stands to be impacted. [email protected]. For more Harvard Business School professor Michael Porter will be in Vancouver next month for a boardoftrade.com Porter is an economist, re- information, visit boardoftrade. keynote at the GLOBE 2016 conference. Porter will also give a special presentation on searcher, author, advisor, speaker com/porter. March 3 at The Vancouver Board of Trade, which is open to the local business community. Your Airborne Office LAS offers complimentary Wi-Fi aboard its Learjet 75s. With personal touchscreens, fold-out tables, and a bulkhead-mounted flat panel screen, you’ll stay connected and productive in the air. hours7days 604-272-8123 | 1-877-399-8123 www.londonair.com 2 member news Sounding Board February 2016 Members vote in favour of historic name change BY TIM MANNING much different place than it was businesses outside the City of in 1887. But one thing that hasn’t Vancouver. At a special General Meeting changed much in that time is our For more than a century, our held last month at the Fairmont mission statement, which is “to organization has been an advo- Pacific Rim, our Members voted work in the enlightened inter- cate for businesses of all sizes overwhelmingly to change our or- est of its Members to promote, across this region. During that ganization’s name to the Greater enhance and facilitate the devel- time, we have helped champion Vancouver Board of Trade. opment of the region as a Pacific dozens of infrastructure projects In doing so, we have turned centre of trade, commerce and across Greater Vancouver that a page for this storied institu- travel.” today play a critical role in B.C. tion, which has been known by By changing our name, we and Canada’s economies. the same name since it was first are not changing our mandate. It is also worth noting that founded 129 years ago “by a small Instead, we are embracing our The Vancouver Board of Trade group of merchants, lumbermen, long-standing role as a regional has a very long, proud history of bankers, and manufacturers.” voice, and we are reflecting that collaborating with other busi- Needless to say, the world is a half of our Members are from ness and community groups in Greater Vancouver, and in the We will continue to support other years ahead, that will not change. chambers and help amplify their In fact, our hope is to strengthen voice whenever possible, because those ties even more, particu- we firmly believe the chamber EVENTSEVENTS CALENDARCALENDAR UPDATE UPDATE larly when it comes to municipal family is strongest — and our chambers of commerce across collective Members benefit the See our full events calendar at boardoftrade.com/events the region, whose work is ab- most — when we stand together. solutely vital to the economic prosperity of our region. Tim Manning is 2015-16 Chair TUESDAY, FEBRUARY 16, 2016 FRIDAY, FEBRUARY 19, 2016 MONDAY, FEBRUARY 29, 2016 Moving forward, we are eager of The Vancouver Board of Trade. Company of Young Metro Vancouver: Being smart about power to work collectively with other He also serves as Regional Vice Professionals Leadership Providing Regional chambers in the best interests of President of Commercial Financial 11:30 a.m. – 2 p.m. Cafe with Translink Leadership the region’s business community. Services for RBC Royal Bank. Fairmont Pacific Rim 5:30 – 8 p.m 11:30 a.m. – 2 p.m. —Star Sapphire Ballroom SFU Segal Building Pan Pacific Vancouver 1038 Canada Place 500 Granville Street — Crystal Pavilion Jessica McDonald VBOT hosts Canada’s 999 Canada Place Event Partner: President and Chief Executive TransLink Greg Moore Officer, BC Hydro Platinum Program Partner: Mayor, City of Port Coquitlam infrastructure minister Presenting Sponsor: BCIT School of Business Chair, Metro Vancouver Board Accenture As Canada’s Gateway to the of Directors Supporting Sponsors: Asia Pacific, Greater Vancouver’s Lawson Lundell LLP, Hatch WEDNESDAY, FEBRUARY 17, 2016 Presenting Sponsor: transportation and transit infra- Port Metro Vancouver Community Sponsors: Networking Kasian Architecture Interior Design structure is key to keeping our Breakfast Series: and Planning Ltd., Compugen Inc., provincial and national economies Orientation and Roundtable WEDNESDAY, FEBRUARY 24, 2016 Innergex Renewable Energy moving. Our air, marine, rail, road, and 7 – 9 a.m. Tax Planning transit networks all contribute in Pinnacle Hotel Harbourfront Considerations for THURSDAY, MARCH 3, 2016 a concerted manner in ensuring 1133 West Hastings Street Small Businesses Michael Porter: people get to their destinations 7 – 9 a.m Transition to a low-carbon and that goods get to market. economy WEDNESDAY, FEBRUARY 17, 2016 Pinnacle Harbourfront Hotel The new federal government has 1133 West Hastings Street 11:15 a.m. – 1:30 p.m. B.C. Budget Recap recognized this by committing Kevin Wong Vancouver Convention Centre $125 billion in new infrastructure 11:15 a.m. – 1:30 p.m. Regional Tax Leader, MNP LLP — East funding across Canada over the Fairmont Hotel Vancouver Angela Chang 999 Canada Place next 10 years. — British Columbia Ballroom Tax Partner, MNP LLP Michael Porter On Feb. 11, the Honourable Amarjeet Sohi, Canada’s Minister of 900 West Georgia Street Amarjeet Sohi, Canada’s Minister Infrastructure and Communities Nancy King Bishop William Lawrence Hon. Christy Clark of Infrastructure and Communi- Tax Partner, MNP LLP University Professor, Premier, The Institute for Strategy and ties, will deliver a keynote to B.C.’s Sohi was dedicated to improving Province of British Columbia Event Sponsor: Competitiveness, business leaders at The Vancouver Edmonton’s infrastructure and liv- MNP LLP Presenting Sponsors: Harvard Business School Board of Trade on his vision for ability. He previously represented Chartered Professional Accountants of Presenting Sponsors: the federal government’s plan to the city of Edmonton on the Cana- British Columbia, Fasken Martineau THURSDAY, FEBRUARY 25, 2016 Enbridge, Chartered Professional double infrastructure spending dian Urban Transit Association, Supporting Sponsor: Accountants British Columbia over the next 10 years. and has been a strong advocate Port Metro Vancouver Members’ Reception at Education Sponsors: Elected three times as an Ed- for light rail transit. He also advo- Media Partner: The Nest at UBC BCIT School of Business, The Globe and Mail Langara College monton City Councillor, Sohi cated municipal interests to other 5 – 7 p.m Media Partner: became the Member of Parlia- levels of government through his The Nest at UBC NEWS 1130 ment for Edmonton Mill Woods delegation to the Alberta Urban 3500 – 6133 University Blvd Marketing Partner: in October 2015 and was named Municipalities Association. Clean Energy BC To register for Sohi’s address Canada’s Minister of Infrastructure and Communities. to The Vancouver Board of Trade, During his time on city council, visit boardoftrade.com/events. What speaker, topic or issue do youWOMEN’S want explored? We’ll look into it. Visit boardoftrade.com/suggest LEADERSHIP Missed last month’s Sounding Board? ® Read past issues online at boardoftrade.com/soundingboard Register now at boardoftrade.com/events CIRCLE February 2016 Sounding Board member news 3 Board urges federal government to invest in B.C. BY GREG HOEKSTRA portance of the above transit and infrastruc- ture projects during its Feb.