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Burnaby NOW • Wednesday, July 20, 2011 • A13

JULY / AUGUST 2011

Burnaby Board of Trade

Voice of Burnaby OFFICIAL NEWSLETTER OF THE MOST PROGRESSIVE BUSINESS ASSOCIATION IN BURNABY

Business Roundtable Marks Milestone in the Fight to End Homelessness

Burnaby Board of Trade members and local community leaders attended the business roundtable meeting to tackle the issue of homelessness in Burnaby MICHAEL KELLER michael@bbot.ca

Burnaby, BC – Over the past year the Burnaby Board of Trade, in consultation with numerous community partners and government bodies, has been working to address the issue of homelessness in Burnaby – a process that reached a significant milestone last month with the completion of a business roundtable meeting attended by some of Burnaby’s most prominent business executives, community leaders, and elected officials. The purpose of the meeting was to discuss how the local business community could be engaged in solving the issue. The BBOTs engagement with homelessness began as part of its commitment to a triple bottom line of

economic, social and environmental sustainability. Last September the BBOT presented a resolution to the Canadian Chamber of Commerce in partnership with the Surrey Board of Trade and the Greater Victoria Chamber of Commerce, which was successfully passed a short time later. Since the passing of the CCC resolution, the BBOT has been working to develop a ‘Made in Burnaby’ plan to address homelessness, an effort that has been generously funded to date by Vancity Community Foundation and Metropolis at Metrotown . Under the umbrella of its Social Development Committee, a Homelessness Reference Group was formed to work with consultants on the creation of a comprehensive see Business Roundtable, 2

www.bbot.ca

Message from Paul Holden It has been an exciting time for the Burnaby Board of Trade these last couple of months as we find ourselves in the midst of a very busy summer season. In recent weeks we have held our annual general meeting, co-hosted a members reception with other local chambers, reported on the HST referendum, and continued to grow our membership (just to name a few things). We have also made significant progress in our social development initiatives, hosting a business roundtable on homelessness last month with some of Burnaby’s most prominent business leaders Paul Holden, President & CEO and government officials, as well as establishing a new Immigrant Integration Subcommittee to continue our ongoing efforts to address employment barriers for internationally trained and educated new Canadians. Lately we have also been taking greater steps to connect with elected officials in our ongoing effort to bridge the gap between business and government at all levels. The BBOT strives to provide our members with unique access to policy makers from across the political spectrum, and in that spirit this month we will be hosting a luncheon with BC NDP leader Adrian Dix for a discussion on his views of the issues that face the people and businesses of British

Columbia. In addition, we have been meeting regularly with local MPs, MLAs, and Mayors from across Metro Vancouver to ensure our members have the most up to date information on the policies and decisions that affect them. I am also happy to announce as part of our free Boardroom Series, we are kicking off a three part Social Media for Small Business seminar presented by Business Centre Solutions. The first of the series, Getting Social for Small Business, will teach the fundamentals of successfully incorporating social media in a business environment and is perfect for the novice or beginner who’s unsure of where to start. Finally, I hope to see many of you at our annual charity golf tournament taking place in September in support of KidSport Burnaby. This year the tournament is being held at a new location – the beautiful Riverway Golf Course – and promises to be a terrific day. This is one of our most popular events of the year and it always sells out, so visit www.bbot.ca or call 604.412-0100 to register today. As always, I would like to thank you on behalf of the Burnaby Board of Trade for your continuing support, and I wish you the best of luck this business year. Sincerely,

Paul Holden President & CEO Burnaby Board of Trade

UPCOMING BBOT EVENTS

2

Luncheon with Adrian Dix July 21, 11:30am – 2:00pm Creating Connections Sponsored by Titan IT July 22, 7:30am – 9:45am Social Media 1 July 28, 8:15am – 9:30am Social Media 2 August 10, 8:15 – 9:30am Annual Golf Tournament September 7

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A14 โ€ข Wednesday, July 20, 2011 โ€ข Burnaby NOW

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Burnaby NOW • Wednesday, July 20, 2011 • A15

“An authoritative voice for the community.”

The Heat Is On

sunburns, malnutrition, eye damage, blisters and sores on their feet and other issues that impact their wellbeing. Without access to showers and washrooms, keeping oneself cool and clean is a very difficult task. The Progressive Housing Society’s Homeless Outreach Program is requesting assistance from local Burnaby businesses to make sure those who are vulnerable get the necessary protection from the sun. The Homeless Outreach is a Burnabybased organization dedicated to providing valuable services to people dealing with homelessness and extreme poverty. In the five years this program has been active, the Outreach Staff have secured

housing for over 275 Burnaby residents. The main goal of the program is to engage with unsheltered community members and provide support services to help stabilize lives. Housing unsheltered persons is a big task, made even harder by weather conditions that create unhealthy, unhappy people. Progressive Housing Society is asking for donations of sunscreen, juice boxes, bottled water, sunglasses, portable nutrition (protein bars, fruit snacks etc.), lip chap, umbrellas, bug spray, clean white cotton socks, Band-Aids, gently used sandals, moleskins and hats. The objective of this community project is to collect enough of these supplies to ensure everyone is Burnaby is protected

throughout the summer. With support and assistance from the Burnaby Business community, together we can try to ensure protection from the sun, increased comfort, dignity and health for all people dealing with homelessness. For more information on this community project, the Progressive Housing Homeless Outreach Program or to organize a donation, please contact Lea at 604-522-9669 ext. 318.

The Truth about Your Group Benefits:

renew their prescriptions every 90 days. Unknown to most, Insurers look at these two categories differently. For pooled benefits –the insurer ‘pools’ all their clients experience together to determine how much money they will need to pay all their life claims, LTD claims and other pooled benefits. When pricing your Experience Rated benefits, the insurer only looks at your company’s experience to calculate your price. In simple terms, after adding up all premiums and subtracting all your claims, the insurer assesses whether you left them enough to cover their profits and expenses. If you did not, the insurers’ view this deficit as if they just lent you money. Essentially they will put you on a payment plan over the next year in the form of higher premiums to cover your ‘debts.’ In many cases, the amount targeted to be left over with the Insurers’ can be as high as 35%. This means that your company is, in effect, paying them $35 to pay out $75 in claims. When you are a small business, all it can take is one

family using all of their annual dental allowance to increase the premiums for the entire group at renewal. The Chamber Plan is a unique program offered to the Burnaby Board of Trade members that can put stability in your Employee Benefit Premiums. Whether your have 1 employee or 50, the Chamber Plan pools your firm together with 25,000 other Boards and Trade and Chambers of Commerce members across Canada. Under this kind of structure, your employees can use their plan however they want- without worry about your company being singled out at renewal time.

Summer has started to heat up in Burnaby, but for some people, there is no cause for celebration. Community members dealing with homelessness see the sun as a sign of danger instead of enjoyment, as it is impossible to avoid the harmful UV rays without shelter. There are many people in Burnaby who lack the resources to be able to protect themselves from the sun, to keep them cool and who are vulnerable to the health issues the sun can cause. When the temperature rises in the summer, people who are unprotected are at risk of sun stroke, dehydration, severe

How Employee Group Insurance Plans are really priced ERIK SCHMIDT Schmidt & Funk Financial Services Ltd.

Erik Schmidt, Schmidt & Funk Financial Services Let’s face it insurance isn’t a favourite dinnertime conversation at most tables but it is highly valued and sought after benefit for many people. We’re talking about Group Benefits. Employees value their health and a dental plan above most other perks but is it really insurance? Or

is it just a company savings account from which to draw from when needed? Employee benefits plans are comprised of two categories; Pooled Benefits and Experience Rated Benefits. The Pooled Benefits comprise of items like your Life Insurance, Long Term Disability, and Out of Country Travel. The Experience Rated benefits are your Health, Dental, Drugs, Vision and Short Term Disability. Your Pooled Benefits make up the small part of your monthly bill and will cover events that could be catastrophic in nature, such as when an employee(s) dies or becomes disabled. Your Experience Rated benefits make up the larger part of your monthly bill and cover those events that are more repetitive and predictable. For example, employees generally go to the dentist every six months for a check up and will

For more information, please feel free to contact Schmidt + Funk Financial Services, Burnaby Board of Trade’s exclusive providers of the Chamber of Commerce Group Benefits program or visit www.schmidtandfunk.com

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A16 • Wednesday, July 20, 2011 • Burnaby NOW

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5JUMFMembership Development Manager &EVDBUJPO MBA in Leadership & Management/Organizational Behavior $BSFFS"DDPNQMJTINFOUMy induction into the PennCorp Hall of Fame for being Top Twenty for five plus consecutive years. 1SPGFTTJPOBMHPBMT My goal is to help build an open and barrier-free relationship between the BBOT and the community to facilitate an exchange of knowledge, time and expertise across our membership. Burnaby is home to a diverse collection of businesses and business minds, and we can reach greater achievements if we work together and pool our resources and energy through organizations like the Burnaby Board of Trade. 'BWPVSJUF2VPUF “What the mind of man can conceive and believe, It can achieve.� -- Napolean Hill 8PSETPGXJTEPNGPS##05NFNCFST There is a correlation between your involvement and your satisfaction as a member of the Burnaby Board of Trade. The more you are involved with the BBOT and the more networking events you attend, the more benefits you will reap.

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Voice of Burnaby - July/August