BizNews

Breaking news for Greater Victoria businesses

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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Chamber-backed tourism corridor earns designation

A federal agency announced last week that the Juan de Fuca Corridor, between BC and Washington, has been named one of four key tourism corridors for future investment. The Chamber supported the efforts of Destination Canada to select the corridor as part of a long-term tourism strategy. “Our region has a well-developed and managed tourism […]

Chamber CEO appointed to PavCo Board of Directors

Chamber CEO Bruce Williams has been appointed to the BC Pavilion Corporation (PavCo) Board of Directors. Appointments are made by the provincial government to provide a diverse voice and leadership in a manner consistent with directives set out by the province. The Board meets at least three times a year. PavCo is a Provincial Crown […]

Chamber encourages voters to be heard in the BC election

Chambers of commerce have always been vocal supporters of healthy democracies. With candidates officially registered in all electoral areas, voters have until Oct. 19 to decide who will earn their support on the ballot. Advance polls open on Oct. 10, and you can check Elections BC for specific information about voting places near you and […]

Take time to reflect on Truth and Reconciliation Day

Monday, Sept. 30 is the National Day for Truth and Reconciliation, a time to reflect on the history of residential schools and to listen with purpose to the stories of our Indigenous friends and neighbours. In addition to wearing orange on Sept. 30 to honour the thousands of survivors of residential schools, all of us […]

Vital Signs Report gives housing failing grade, again

Greater Victoria has earned a “B” from this year’s Vital Signs Report, released yesterday by the Victoria Foundation. It’s the same score as last year. “For nearly 20 years, Vital Signs has been helping the community identify and respond to the greatest challenges facing our region,” Victoria Foundation CEO Sandra Richardson said in a media release. […]

Chamber celebrates Small Business Month in October

October is Small Business Month, presented by Grant Thornton. Throughout the month, the Greater Victoria Chamber of Commerce is celebrating the many businesses we rely on every day to provide essential goods and services, create jobs and support our communities. Grant Thornton continues as our presenting sponsor, helping to bring essential resources and expert advice […]

Writ drops as provincial election formally underway

The official countdown has begun as the province prepares to head to the polls on Oct. 19. The writ was dropped last Saturday and candidates who haven’t declared have until next Saturday to get their names on the ballot. Of course, most candidates are well into campaigning and Chamber members can expect the discourse to […]

New units added to affordable housing supply

Adding to Greater Victoria’s housing supply is critical. We need affordable homes for individuals and families who want to live and work in our region, and we need housing for vulnerable people at risk of falling through the cracks. Last week, the Capital Regional District‘s housing agency helped announce the opening of 97 new rental […]

Province to begin helping those who can’t help themselves

Safe communities are fundamental to all of us. We need to feel safe if we’re going to reach our potential at work and at home. However, the ongoing opioid crisis continues to impact every neighbourhood and has become especially visible in pockets of larger cities. We’re seeing more people struggling with addiction and mental health […]

Stormy seas for businesses right now but smoother sailing coming

Businesses in Canada aren’t feeling great about current conditions but many sense brighter times ahead. That was the finding of the latest Canadian Survey on Business Conditions by the Canadian Chamber’s Business Data Lab. “In fact, this is now the best showing for the ‘year-ahead’ question in the almost three years,” says Stephen Tapp, Chief […]

Inflation returns to target 2% opening door to rate cuts

With inflation finally — finally — back to 2% and the Bank of Canada signalling a new round of deep cuts to interest rates, there’s a growing sense of optimism among many business owners. “I think we’re all a little weary of rising prices and the sense of uncertainty that has hung around the last […]

New report shows practical benefits of ESG priorities

A recently released report by Deloitte shows that a profound change has happened in recent years in the way Canadian companies are prioritizing their impact on climate and social policies. The 2024 Sustainability Action Report shows that standards set by global regulatory bodies are being considered as part of business’s risk strategies. The report also […]