Greater Vancouver Board of Trade

The Greater Vancouver Board of Trade is a non-profit organization. It serves Vancouver, British Columbia, Canada, in a fashion similar to the Board of Trade or Chamber of Commerce.

Role in Local Governance 

The Greater Vancouver Board of Trade has been vested by federal and provincial governments with the power to select board members for a number of local governance bodies and institutions. The Board of Trade selects one of the five members of the Screening Panel that shortlists candidates for TransLink's Board of Directors and is also involved in selecting directors for Port Metro Vancouver and the Vancouver Airport Authority.

History 
The Greater Vancouver Board of Trade was established on 22 September 1887, to help rebuild after the Great Vancouver Fire destroyed the city. 31 men - composed of merchants, lumbermen, bankers and manufacturers - founded the Board of Trade to "protect the interests of merchants, traders and manufacturers, to advance the trade of the area and to promote the advancement and general prosperity of Vancouver." In addition to lower taxes, early lobbying efforts pushed for the construction of schools, a land registry office, a court house, a submarine communications cable to Australia (completed in 1902) and the establishment of mail delivery.

By 1952, the Board had grown to ten bureaus and ten standing committees which worked on campaigns, exhibitions, luncheons, educational products, endorsements and representations to all levels of government on behalf of the business community.

In 1983, the Board became a member of the World Trade Centers Association and in 1986 moved into the Vancouver World Trade Centre office complex at Canada Place. It hosted the General Assembly of the World Trade Centers Association the same year.

In 1990 the Board launched its Federal Debt Clock, a ,  by  computerized calculator that tracked the rise in government debt. At the time, Canada's $363 billion debt was climbing at a rate of $53,300 per minute. In 1998, Finance Minister Paul Martin hit the gong and stopped the clock at a special Board of Trade luncheon. The board's debt clock stopped just shy of $600 billion.

In more recent years, The Greater Vancouver Board of Trade was one of the leading voices to support Vancouver's bid for the 2010 Olympic Games – hosting workshops and forums to promote the bid, and even flying in a pre-bid countdown clock to Canada Place by helicopter. The Board also successfully lobbied for a revote of the Translink mayors' council to save the Richmond-Airport-Vancouver rapid transit line – known today as the SkyTrain's Canada Line, and was a founding member of the Fair Tax Coalition, which helped the city to approve a one-per-cent reduction in business property taxes.

Milestones

Events
The Greater Vancouver Board of Trade hosts more than 150 events each year with more than 75 of those featuring business leaders, dignitaries and other people from around the world. The Board hosts 50 members-only events every year, including 30 complimentary events, most of which are specifically designed as networking opportunities:

Networking Roundtables and Members' Orientations - events where members can present their products and services.

Programs
The Greater Vancouver Board of Trade runs a variety of programs, including many symposiums, exclusive networking events and community fundraisers, in addition to programs like The Spirit of Vancouver, Leaders of Tomorrow and the Company of Young Professionals.

Leaders of Tomorrow
Leaders of Tomorrow is a mentorship program, created by the Greater Vancouver Board of Trade. The program selects 100 students in their final year from accredited Lower Mainland post-secondary educational institutions and nurtures their talents and abilities to inspire them to become successful leaders. 
LOT introduces students to the business world and facilitates their development through the four pillars of mentorship, networking, leadership and volunteerism. Students attend skill-building events and receive personal mentoring to prepare them for a smooth transition into the workforce. In addition, LOT participants volunteer with policy and program-related committees to develop an awareness of current issues that impact local businesses and the community.

Company of Young Professionals
The Company of Young Professionals (CYP) is a leadership development program designed for young professionals under the age of 32. Members can attend Board of Trade events at discounted rates and can be involved in the program for up to three years. 
Members get the opportunity for both professional and personal development through attending hot-topic events, opening doors to meeting with prominent business leaders, and fostering leadership through engagement. Members experience extensive community involvement with key issues within The Board's many committees and task forces. CYP runs an optional Engaged Leadership Certificate Program and awards credits for completing specific requirements in the areas of leadership, connectorship and volunteerism. For more information, visit www.tcyp.ca.

Women's Leadership Council
The Women's Leadership Council (WLC) is a professional network established to provide support for women in the business community. By delivering programs, speakers, topics and other events, the WLC empowers women to engage the community and the Board of Trade.
Members enjoy special speaker and workshop events, are invited to join exclusive roundtable discussions with major visiting speakers, and can join a WLC table hosted by a WLC advisory council member at major Board of Trade events.

Pacific Economic Forum
The Pacific Economic Forum brings world leaders together for speakers, seminars and conferences discussing globalization, interdependence and service to humanity.

Miscellaneous facts
Over 80% of the members of the Greater Vancouver Board of Trade are small business owners.
The Greater Vancouver Board of Trade has over 5,800 members.
The Greater Vancouver Board of Trade publishes a monthly newspaper, Sounding Board, which reports on policy issues and membership news, and has an estimated total readership of 30,000.
The Board does not receive funding from the government. It is funded by membership fees and by its speaker luncheons, seminars and other events.

Current chair

Kari Yuers, President and CEO, Kryton International Inc.

Chairs

See also
Mission Regional Chamber of Commerce

References

Category:World Trade Centers
Category:Chambers of commerce in Canada
Category:Organizations based in Vancouver
Category:Economy of Vancouver