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Published weekly, BizNews offers information to help Greater Victoria’s business community make sense of our shifting economic and political landscape. The Chamber’s flagship newsletter is distributed to more than 5,000 subscribers who are highly engaged and active in our region’s business community. Scroll down to read the latest.
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Plan for prompt payment rules supports construction
/in BizNews This Week, Business And Economic Strength, Fair Rules, Finding And Keeping Workers, Government Local, Government Provincial, Housing, Inflation And Rising Costs, Streamlined Regional Regulations, Training And Microcredentials/by Jim ZeebenThe Chamber applauds a new agreement that will let builders build, and spend less time chasing wayward payments. On Tuesday, the province announced legislation that will help contractors, subcontractors and workers get paid on time. “We welcome this critical step toward payment certainty for B.C.’s construction industry,” BC Construction Association president Chris Atchison said. “It […]
Condé Nast showers love on Greater Victoria
/in BizNews This Week, Business And Economic Strength, Hospitality And Tourism Rescue And Recovery/by Jim ZeebenAs The Chamber steps up our advocacy to improve social and business conditions in Greater Victoria, a recent poll reminds us of what we have to lose. Our region is a world gem, and, once again, has been recognized by Condé Nast Traveler as the Best Small City on the planet. The travel magazine’s 38th annual […]
Chamber’s new advocacy focused on urgent action
/in BizNews This Week, Chamber Awareness, Chamber News, Fair Rules, Finding And Keeping Workers, Government Federal, Government Local, Government Provincial, Inflation And Rising Costs, New And Established Businesses, Safe Communities, Streamlined Regional Regulations/by Jim ZeebenYou might have noticed some changes to how The Chamber is using our position as the unapologetic Voice of Business. The series of messages, shown below, will start appearing more on Chamber social channels and in other media. The focus is on action. Businesses have had too many years of uncertainty caused by societal shifts […]
Seair announces new seaplane service to Victoria
/in BizNews This Week, Business And Economic Strength, Hospitality And Tourism Rescue And Recovery, Transportation Options/by Jim ZeebenSeair Seaplanes is set to launch a new scheduled seaplane service to Victoria. Flights begin Oct. 20 connecting Downtown Vancouver to the Inner Harbour. “The Chamber strongly supports business growth, and we applaud the investments in infrastructure being made to bring Seair service to the Inner Harbour,” said Christina Clarke, Chair of the Greater Victoria […]
New transit plan can help with region’s affordability
/in BizNews This Week, Government Local, Transportation Options/by Jim ZeebenAffordability is at the root of many challenges facing Greater Victoria. Chamber members continue to tell us they’re struggling to find and keep staff who can’t find housing. It’s either too costly or too far away from their workplace. One solution is improved transit. Making the commute more convenient to affordable areas of our region […]
New SIPP report says Greater Victoria at a crossroads
/in BizNews This Week, Business And Economic Strength, Fair Rules, Finding And Keeping Workers, Global Uncertainty, Housing/by Jim ZeebenA report released this week offers a path forward for a regional economy that is spinning its wheels in some sectors. The South Island Prosperity Partnership offers a series of recommendations to overcome stagnation and reach our potential in Igniting Momentum, a 105-page report that came out of its Rising Economy Taskforce. “The stakes are […]
Consumer confidence teeters, raising CUSMA stakes
/in BizNews This Week, Business And Economic Strength, Chamber Awareness, Inflation And Rising Costs/by Jim ZeebenThere’s a growing sense that Canada’s economy will dodge the recession that many feared when US tariffs were announced. Economists are now saying recovery is already underway with opportunities for accelerated growth in 2026. Statistics Canada will release the latest GDP numbers on Friday. Regardless, many businesses are still feeling fragile due to the uncertainty […]
‘Safe communities now!’ demand BC mayors in Victoria
/in BizNews This Week, Chamber Awareness, Government Federal, Government Local, Government Provincial, Safe Communities/by Jim ZeebenThe Chamber’s call for all levels of government to take urgent action to address social disorder has resonated across the province. This week, the Union of BC Municipalities annual conference is underway in Victoria, and the loudest concern is the demand to make our communities safer. On Monday, Our Place CEO Julian Daly drew thunderous […]
Provincial deficit looms as Premier seeks fed funding
/in BizNews This Week, Business And Economic Strength, Government Provincial, Inflation And Rising Costs, New And Established Businesses, Safe Communities, Streamlined Regional Regulations/by Jim ZeebenA day after admitting the provincial books are deeper in the red than initially forecast, BC’s Premier is in Ottawa seeking more cash from the federal government. On Tuesday, BC Finance Minister Brenda Bailey updated the budget forecast to show a deficit of $11.6 billion for 2025. That’s $665 million more than expected. The deficit […]
IDEA committee hears how equity helps employers
/in BizNews This Week, Business And Economic Strength, Fair Rules, Training And Microcredentials/by Jim ZeebenThe Chamber’s IDEA committee met this week after taking a break over summer, and heard a great presentation from the team at the Inter-Cultural Association of Greater Victoria. Paulina Grainger, Billie Tess and Parker Johnson provided an overview of ICA’s Tools for Equity program. It was an enlightening and informative conversation about the benefits that […]
Borrowing costs drop as Bank of Canada cuts rate
/in BizNews This Week, Global Uncertainty, Inflation And Rising Costs/by Jim ZeebenAs expected, the Bank of Canada lowered its policy interest rate by 25 basis points, bringing it to 2.5%. The news follows yesterday’s report from Statistics Canada showing inflation remains stable, coming in at 1.9% in August. The Conference Board of Canada said a weakening economy makes the cuts appropriate, especially as we have so […]
Work begins on amalgamation question for voters
/in BizNews This Week, Chamber Awareness, Government Local, Streamlined Regional Regulations/by Jim ZeebenIn July, a Citizens’ Assembly announced that its research showed that residents in the City of Victoria and District of Saanich would be better served by an amalgamated municipality. Victoria was quick to begin working on the wording of the question that will go to voters next October. And, on Monday, Saanich followed suit with […]