BizNews This Week Archives - Victoria Chamber

Seair announces new seaplane service to Victoria

October 1, 2025/in BizNews This Week, Business And Economic Strength, Hospitality And Tourism Rescue And Recovery, Transportation Options/by Jim Zeeben

Seair 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 Chamber of Commerce. “There is so much opportunity for growth in the tourism sector, which sustains so many businesses in Greater Victoria. This new option benefits visitors to our destination as well as many people who can use this service for business travel.”

Flights will arrive and depart from Seair’s new terminal at 1234 Wharf Street. Seair will primarily use Cessna 208 Caravan turboprop seaplanes, known as dependable and comfortable nine-passenger aircraft.

Seair Seaplanes began in 1982 and is headquartered at YVR’s South Terminal. Seair also operates from Vancouver’s Convention Centre and the Nanaimo waterfront.

New transit plan can help with region’s affordability

September 24, 2025/in BizNews This Week, Government Local, Transportation Options/by Jim Zeeben

Affordability 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 would improve the quality of life for many workers. It’s a goal that BC Transit has been working toward for years.

Today, BC Transit announced it will take a fresh look at planning — the first since 2011.

The Victoria Regional Transit Plan project is launching a new engagement process to hear how the public wants to shape the future of transit over the next 25 years.

An online survey will be available next week and a series of open houses are planned across Greater Victoria later in October.

The engagement will focus on:

refreshing the 2011 Transit Future Plan along with the 25-year network vision to help guide future transit service and infrastructure investment
aligning the plan with current and anticipated future demographic trends, land use changes, commuter patterns and sustainability goals and developing comprehensive transit network and route design guidelines

New SIPP report says Greater Victoria at a crossroads

September 24, 2025/in BizNews This Week, Business And Economic Strength, Fair Rules, Finding And Keeping Workers, Global Uncertainty, Housing/by Jim Zeeben

A 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 too high for business as usual in Greater Victoria,” the report concludes. “The evidence is clear: affordability pressures, productivity gaps, essential-worker shortages and external shocks are converging. But so are our advantages: world-class research, a thriving tech ecosystem, ocean and climate leadership, strong public anchors, entrepreneurial grit and a quality of life that draws talent from around the world.”

The Chamber helped contribute to the report’s findings, which align with much of the work the Chamber continues to do to attract investment and support our community.

“Greater Victoria is at a crossroads. Without bold, immediate action, we risk losing the talent, businesses and vibrancy that sustain our economy. Governments at all levels must do more to coordinate with the private sector to help ensure businesses can succeed,” Chamber CEO John Wilson said. “As BC’s second-largest metropolitan area, we can’t wait any longer. The Chamber promises to work with our members and partners across the region as the voice of business to address social challenges, increase access to skilled workers and grow our regional economy in ways guided by innovation, inclusion, and resilience. The time to act is now — to build a safer, stronger, and more prosperous Greater Victoria for everyone.”

Consumer confidence teeters, raising CUSMA stakes

September 24, 2025/in BizNews This Week, Business And Economic Strength, Chamber Awareness, Inflation And Rising Costs/by Jim Zeeben

There’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 of future trade agreements and a tightening labour market. The Canadian Chamber’s Business Data Lab reports that, after five consecutive declines, overall business confidence steadied this quarter.

“Businesses are showing remarkable resilience in the face of policy uncertainty, tariff threats and a softening labour market,” Business Lab VP Patrick Gill said. “With CUSMA review approaching, the stakes for Canadian competitiveness are high.”

The lab found that challenges finding labour remain acute in construction, hospitality and agriculture. Meanwhile, sluggish consumer demand is the biggest barrier to growth according to business data, outpacing labour and financing challenges.

‘Safe communities now!’ demand BC mayors in Victoria

September 24, 2025/in BizNews This Week, Chamber Awareness, Government Federal, Government Local, Government Provincial, Safe Communities/by Jim Zeeben

The 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 applause for a speech decrying the failure to address spiraling antisocial behaviour in downtown Victoria.

On Wednesday, City of Victoria Mayor Marianne Alto rallied with her BC colleagues on the Legislature lawn, calling on Premier David Eby to stop things from getting worse.

“Victoria is proud to be one of the best small cities in the world, but we must act now to support our residents, businesses, and visitors, and we cannot do this work alone,” Mayor Alto said. “We urge the provincial government to take action and respond with the same level of urgency, to help bring necessary and lasting change to cities across BC.”

Chamber CEO John Wilson commended Mayor Alto for facing the fire as frustrated downtown businesses demand urgent action.

“The Mayor is the face of Victoria council, which is feeling the heat for the situation in our city,” Wilson said. “It’s a tough spot to be in, and The Chamber is committed to working together on a solution. We need action now, and that means we will be escalating our calls for action to the provincial and federal governments.”

The rally at the legislature was organized by Save-Our-Streets, a coalition of businesses and organizations that includes The Chamber.

“Municipalities cannot address these issues on their own, and it is not sustainable for them to shelve services and projects in order to reallocate funding to address health and housing issues which fall under the provincial government’s mandate,” SOS Co-founder Jess Ketchum said. “Urgency is required.”

Provincial deficit looms as Premier seeks fed funding

September 17, 2025/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 Zeeben

A 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 is forecast to rise to $12.6 billion next year and $12.3 billion in 2027-28.

The Chamber is calling on all levels of government to focus on needs and set aside wants until our financial circumstances improve.

“I’m hearing from our business community that times are tight and they are doing everything they can to streamline and live within their means,” Chamber CEO John Wilson said. “They expect governments to do the same with the taxes they collect from all of us.”

The province has committed to cutting back its spending, noting it was able to find $300 million in savings this year.

Premier David Eby said he’s pushing for more major infrastructure projects in BC, as well as urgent action to address public safety.

The Chamber applauds these steps, while acknowledging that patience has worn thin among the business community facing a crisis from public disorder and the crushing burden of red tape and taxes.

“I’ll keep saying it as long as I need to. Enough is enough,” Wilson said. “We’ve heard enough announcements without seeing adequate results. That needs to change.”

IDEA committee hears how equity helps employers

September 17, 2025/in BizNews This Week, Business And Economic Strength, Fair Rules, Training And Microcredentials/by Jim Zeeben

The 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 organizations get from helping everyone have a chance to succeed.

The program offers tools to address systemic and institutional racism that exists in many workplaces. The work helps build better businesses and great community, while improving the competency of management and employees.

The ICA will work with any organization wanting to become more inclusive in order to stay relevant, competitive and an employer of choice.

Borrowing costs drop as Bank of Canada cuts rate

September 17, 2025/in BizNews This Week, Global Uncertainty, Inflation And Rising Costs/by Jim Zeeben

As 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 far avoided the rising costs that many feared would result from US tariff announcements.

“Up to now, inflationary concerns about the trade dispute with the US have largely been evaded,” the Conference Board said. “Looking ahead, we’re cautiously optimistic that this trend will continue, and that inflation will continue to moderate. On Sept. 1, the federal government removed retaliatory tariffs on $44 billion worth of goods which have been in place since March. The removal of these tariffs will take away some upward price pressure and has instilled further confidence in the Bank’s decision to cut its key policy rate today.”

Work begins on amalgamation question for voters

September 17, 2025/in BizNews This Week, Chamber Awareness, Government Local, Streamlined Regional Regulations/by Jim Zeeben

In 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 a decision to work with its neighbour on the question.

The Chamber has been calling for amalgamation for decades. We were strong supporters of the Citizens’ Assembly process and worked to keep it on track through the pandemic years.

It’s been a slow process, but finally voters will have their chance to make a decision that many have been calling for. The next BC General Local Elections are set for Oct. 17, 2026.

Minister meets with Chamber to hear about business issues

September 17, 2025/in BizNews This Week, Chamber Awareness, Chamber News, Global Uncertainty, Government Provincial, Hospitality And Tourism Rescue And Recovery, Safe Communities, Training And Microcredentials, Transportation Options/by Jim Zeeben

The Chamber would like to thank BC’s Minister of Post-Secondary Education and Future Skills, Jessie Sunner, for meeting with members of Greater Victoria’s business community today.

The Minister had lunch with Chamber members and staff after a tour of Camosun College‘s Interurban Campus. The meeting was a welcome opportunity to hear about the province’s plans to address ongoing challenges in BC, and hear from businesses about the value of supporting local education as well as urgent issues facing Greater Victoria.

Members from the post-secondary sector as well as aviation, hospitality and transportation industries spoke candidly with the Minister about actions they would like to see happen.

“We spoke about investing in trades training, and we also spoke about the crisis happening in downtown Victoria, and the need to not damage businesses there,” Chamber CEO John Wilson said. “Yes, this is a complex problem that involves all levels of government, but that is precisely why we need all levels of government to listen to business.”

Policies like a Canada-wide restriction on foreign workers or allowing downtown Victoria public sector offices to remain vacant have ripple effects that hamper the ability of businesses to operate.

Without the vibrancy that businesses create everyday, there’s a real risk we’re hollowing out an invaluable economic engine for our region.