Derived from "bomb vest wearer". A derogatory term for a middle-eastern or muslim person, mainly used in Ontario and Quebec. Most likely used as a joke but only when the person did something wrong, disappointing, or scary.
Person 1: I can't believe Moe gave the puck away like that so the other team could score right afterwards.
Person 2: He's just a bomb vest, what do you expect?
Girl 1: Did you hear Hamzah tell that group of middle schoolers he was gonna blow up their houses? What if he gets arrested?
Girl 2: Don't worry about it, those arab bomb vests can say whatever they want and it's still politically correct. You'll still get to kiss him someday like you've always wanted <3