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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Tight timeline as federal election set for April 28

With the writ dropped on a federal election set for April 28, voters have a tight timeline to learn who their local candidates are and what their parties are promising. How can the Chamber help our members, the community and democracy? Let us know your thoughts on what information you want before going to the […]

Consumers get break as BC eliminating carbon tax April 1

Energy costs are set to go down starting April 1 as the province announced yesterday it will make good on its promise to eliminate the consumer carbon tax after the federal government promised to do the same. BC’s tax adds about 17 cents per litre at the gas pump, and 15 cents per cubic metre […]

Finalists announced for this year’s Business Awards!

The Greater Victoria Chamber of Commerce is proud to announce the finalists for the 2025 Greater Victoria Business Awards. Tickets will be available at end of March. The finalists have distinguished themselves in many categories and many ways, including excellent customer service, sustainable business practices, young entrepreneurship and business leadership. The Chamber’s 2025 Business Awards showcase hard-working businesses, business […]

Chamber prepping for pro-business campaign

With a federal election expected to be called as soon as this Sunday, the Canadian Chamber is working on a toolkit that will make sure all political parties understand what businesses need. The main message is that businesses are under threat. We need the next government to commit to going all-in on Canada. That means […]

Whoa Premier! Proposed power grab needs a rethink

The Chamber takes pride in working well with any government, regardless of their political stripes. However, there are times when decisions are announced that leave us shaking our heads. The latest, or at least most egregious, was the surprise introduction of Bill 7 last Friday. BC Premier David Eby claimed the legislation is needed in […]

Help wanted? Workers caught in TFW rule changes

The Chamber continues to work to address ill-advised changes to Canada’s Temporary Foreign Workers program. We’ve met with Victoria’s Member of Parliament and heard from several Chamber members about the damaging impact this blanket legislation is causing in our region. Canadian Tire Hillside has reached out to ask for help finding work for four of […]

Inflation adds uncertainty to future interest rate cuts

A surprising uptick in inflation has increased the focus on April 2, when the world is expected to learn how the US administration will roll out tariffs aimed at changing the global economy. Canada’s Consumer Price Index rose 2.6% year over year in February, following an increase of 1.9% in January. The Bank of Canada considers 2% […]

March 11 marked COVID national day of Observance

It seems like another lifetime. On March 11, 2020, the World Health Organization officially declared a global pandemic. Our way of life, and, for many, way of doing business, was turned upside down. COVID-19 was an unknown and dangerous disease that would claim 6,600 people in BC and almost 60,000 across Canada despite unprecedented efforts […]

Province recruiting doctors and nurses amid US chaos

The provincial government is seeing opportunity in the political divide currently impacting the United States. BC has begun a recruitment campaign targeting doctors and nurses from the US and fast-tracking credential recognition. The College of Physicians and Surgeons of BC is being consulted on a direct process for doctors who hold certification from the American […]

Bank drops interest rate, citing trade war uncertainty

The Bank of Canada made another cut to interest rates today, lowering the overnight rate to 2.75%. “The Canadian economy entered 2025 in a solid position, with inflation close to the 2% target and robust GDP growth,” the Bank said in a media release. “However, heightened trade tensions and tariffs imposed by the United States […]

BC pulls all US alcohol from province’s liquor stores

Serious, surreal and silly. Any of these work for describing the current relationship between Canada and the United States as President Trump continues to attack Canadians’ national identity while threatening to gravely damage businesses, families and industry on this side of the border. The trade war started with tariffs, which serve as a tax paid […]

Safety for Business session set for next week

The City of Victoria‘s Small Business Info Session: Safety for Business is set for March 12, 4:30 to 7:30 pm, at Victoria City Hall. The session aims to help businesses better understand the resources available to improve their security and ensure customers and staff have a sense of safety. Businesses can also contribute feedback to […]