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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Savings at the fuel pump welcomed by business

The cost of fueling up at the pump has plummeted after the provincial government removed the carbon tax. Gas prices dropped below $1.60/litre yesterday — about 19 cents lower than they were the day before the tax was removed. The lower fuel costs are welcome news to businesses that move goods and people. “We hear […]

Canada escapes crosshairs as US takes aim at foreign trade

Businesses watching today’s tariff announcements from the US administration can be forgiven for feeling more confused than ever. Canadians have been coping with economic anxiety for months due to threats of broad-based tariffs and other measures. However, on the day that US President Donald Trump promised to unveil his master economic plan for world trade, […]

New child care spaces announced for Langford

For the last 10 years, Chamber members have identified finding and keeping workers as one of the biggest challenges facing their organization. Our region has one of the lowest unemployment rates in part because of our cost of living. To help, the Chamber has loudly and successfully advocated for investment in child care, which can […]

BC Housing gets grant funding for 530 new homes

Housing is foundational to building a strong economy and safe communities. The Chamber advocates for policy change and investment in housing to support builders and the real estate sector, as well as to provide homes for all levels of our workforce and help people facing homelessness. “We work for all of our members and are […]

Century Celebration of Cup victory begins this week

The Century Celebration of the Victoria Cougars’ historic victory over the Montreal Canadians begins March 27. Three musical finalists — selected from 31 entries to a songwriting contest honouring the 1925 Stanley Cup win — kick things off by performing their original songs at the Bard and Banker. Festivities continue on March 29-30, with family […]

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% […]