Read December 2023’s Terminal City Times here.
PRESIDENT’S LETTER
Dear fellow members,
And just like that, another calendar year is nearly in the books! It seems like a short time since I introduced myself earlier on in the year. It has been a productive year for myself and the Board and I’m extremely proud of our accomplishments this year (with the help of TCC’s exemplary management and staff).
We saw record revenue for the Club this year. Business levels were strong in many departments across the Club, including record-setting revenues for the Pub and Catering department. Did you know that the Pub sold 114,000 pints, 13,000 pints of Guinness, and 5,900 Empire burgers this fiscal year?
Despite growth in many areas of the business, the Club will see increases in the year ahead in property taxes, utilities, and many of the supplies we use. Not to mention significant increases in overall food costs and salaries and wages. Balancing rising costs without sacrificing quality and consistency is something that the Board is conscious of moving forward.
We’ve expanded the Club’s footprint and made significant improvements to the overall “club-y-ness” at TCC with the addition of our Club Rooms, and newly renovated patios for the Grill and Fitness Centre. The Pub will also see a unique new addition soon. We also implemented improvements to technology throughout the Club to enhance the member experience. Even though “club-y-ness” may be a made-up word, our Board will continue to prioritize ways to make your Club better year after year.
We’ve accomplished improvements to our Club’s governance, including establishing policies on Environmental, Social, and Corporate Governance and Equity, Diversity, and Inclusion. Also, we’ve established a Risk Register, a risk management tool, which is overseen by our Governance Chair, and tracks short-term and longterm risks for our Club.
I’ll have the privilege of recognizing long-standing staff members at this year’s AGM on Monday, December 11. These important team members have been with TCC since the TC Tower opened in 1998, and they are all very worthy of special recognition.
As I conclude my term as President at the AGM, I find myself reminiscing about the past eight years of dedicated service on the Board. It has truly been a privilege, and I am grateful for the opportunities I’ve had, including taking on important presidential responsibilities chairing multiple committees and sub-committees this year and last. Additionally, I had the privilege as Vice President of stepping in on short notice to chair last year’s AGM, contributing alongside other dedicated committee members.
Being involved in so many interesting projects over the past eight years, and contributing alongside my fellow Board members is something I’ve truly valued. On top of this, I want to express my
gratitude to all the past Presidents, Club members, and staff. It’s been an honour serving as President for 2023.
I know the Club will be in good hands under Nate Kube’s leadership. If you want to get to know a little more about our current Vice-President, please see a short bio on page 7.
That’s all for now. I hope everyone has a safe and happy holiday season!
Sincerely,
Julia Yan
President, Terminal City Club
