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Conference Board Sees Growth in Greater Victoria

January 27, 2010

The Conference Board of Canada released its Winter 2010 forecast today, outlining their expectations for Greater Victoria and 26 other Canadian municipalities.  The report forecasts that our regional economy performed much better than most of Western Canada in 2009, and is predicting growth of 2.8% in 2010.
 
“Led by stronger wholesale and retail trade and a rebound in the “FIRE” (Financial, Insurance and Real Estate) sector the conference board is anticipating an average growth rate of 2.6% over the next three years,” said Sasha Angus, Economic Development Officer.  “This bodes well for our economy going forward.  The region’s economic challenges over the past year highlight the ongoing need to invest in diversifying our economy and marketing our advantages to the rest of the world to maintain household-sustaining jobs for our citizens.”

The Greater Victoria Development Agency is an industry led organization representing the major industries and academic stakeholders of the region. The GVDA seeks to ensure that Greater Victoria remains a vibrant place to live, work and invest.  An important mandate of the Greater Victoria Development Agency is to further strengthen economic conditions throughout our region by encouraging new investment and business from across North America and the world.

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For more information contact:
Shannon Renault
Manager Policy Development & Communications
Greater Victoria Chamber of Commerce
Tel: (250) 383 7191 Ext 208 Cell 812-0510
Email: srenault@gvcc.org

 

Sasha Angus
Economic Development Officer
Greater Victoria Development Agency
Tel: (250) 383 7191 Ext 204
Email: sangus@gvda.ca




News Releases - 2010

Chamber Supports Borrowing for Replacing Blue Bridge (August 05, 2010)
Have Your Say on Municipal Taxes (July 06, 2010)
Past Chair of Local Chamber Moves up to Provincial Role (June 02, 2010)
Annual Report Shows Why We're A Natural Place for Innovation (June 02, 2010)
Business Vote a Part of Democratic Process (May 26, 2010)
$23 Million Cost to Victoria if Marina Prevented (May 12, 2010)
Chamber Celebrates Outstanding Performance at Chamber Awards (April 29, 2010)
City's Pace on Tax Reduction too Slow (April 08, 2010)
Greater Victoria Medals for Cost of Doing Business (March 30, 2010)
21 Billion Blooms in 2010 (March 05, 2010)
Budget 2010 Brings Few Surprises (March 02, 2010)
Asia Pacific and Digital Investments Good for Victoria (March 02, 2010)
Flower Count Takes Flight at the Airport on Thursday (February 24, 2010)
Prodigy Group Launches New Website to Engage Members (February 09, 2010)
Conference Board Sees Growth in Greater Victoria (January 27, 2010)
Report Confirms Victoria Needs to Focus on Crime Reduction (January 14, 2010)


News Releases - 2009



The Greater Victoria Chamber of Commerce
#100 – 852 Fort St. Victoria, BC V8W 1H8
Phone: 250-383-7191
Fax: 250-385-3552

chamber@gvcc.org

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