UPDATE: Pricing for CIC (hard disc-based) navigate map update (BMW Canada)
BMW Canada updated the pricing for CIC navigation map updates on June 7th and has sent the update to all dealers. My experience has shown that some local dealers may not see the updated price right away, but you can ask them to double check. The price has indeed been changed by BMW Canada.
Previously the price point was ~$535 and it is now set at $195, which is aligned with the pricing for the dvd update on older models.
The update still has to be done at a dealer, by BMW service and requires 1hr of labour to complete.