Chamber Awareness Archives - Victoria Chamber

Private-sector growth key to Strategic Investment Fund

February 25, 2026/in BizNews This Week, Business And Economic Strength, Chamber Awareness, Government Provincial

It might be a case of too little too late, but it’s good to see this provincial government make an effort to acknowledge the critical importance of a strong private sector.

Yesterday’s announcement of a $400-million fund to help attract private investment to BC is something that should have happened before the province’s debt load was allowed to get out of hand.

“We don’t want to see this fund used for political ends, but The Chamber does support efforts that make our community more attractive for private investors looking to grow our private sector,” Chamber CEO John Wilson said, noting that the Chamber remains committed to helping our members in Greater Victoria’s business community.

The proposed BC Strategic Investment Fund would allow government to consider loans, equity investments and repayable contributions.

One way the fund could be used is to leverage recently announced federal funding tied to strengthening Canada’s military.

“The fund will provide the tools to enable government to work with industry in bringing federal investment to the province, as targeted in the province’s Look West strategy, and leverage the opportunities presented in Canada’s Defence Industrial Strategy,” Association of BC Marine Industries executive director Alex Rueben said in the media release.

Defence strategy aims to bolster Canadian businesses

February 18, 2026/in BizNews This Week, Business And Economic Strength, Chamber Awareness, Government Federal, Streamlined Regional Regulations

Amid an ocean of economic uncertainty, Canada’s defence industry has emerged as a lighthouse for businesses seeking secure funding sources.

This week, the federal government announced its new Defence Industrial Strategy that includes $357.7 million for a Regional Defence Investment Initiative. In BC, PacificCan to distribute $67.5 million over the next three years. Applications for commercial projects open April 1 and close March 31, 2028.

“This scale of new funding is unprecedented, but the true measure of success will be how these dollars translate into real operational readiness, modernized equipment and a stronger Canadian Armed Forces,” Canadian Chamber Vice-President of Government Relations David Pierce said. “Canadian businesses hold the expertise in world-class advanced technology, cybersecurity, AI and quantum to deliver this strategy in real terms. To do this, the government must address long-standing issues plaguing our defence procurement system — from contracting times that cause project delays to security clearance challenges — as well as provide a clear sense of the required technology or goods to help more companies participate or bid.”

In Greater Victoria, the presence of Canada’s Pacific Fleet at CFB Esquimalt could serve as a catalyst for investment in the region.

“Canada’s Armed Forces have long played an important role in our region, and I look forward to working with businesses on initiatives that can leverage this new federal funding,” Chamber CEO John Wilson said.

Budget 2026 reveals difficult fiscal reality facing businesses

February 18, 2026/in BizNews This Week, Chamber Awareness, Government Provincial, Inflation And Rising Costs, Safe Communities

More than 170 people attended this morning’s Breakfast with BC’s Finance Minister — an annual tradition held the day after the provincial Budget is unveiled.

The gathering was the first chance for businesses to hear directly from Finance Minister Brenda Bailey and ask questions through Chamber CEO John Wilson.

“As always, we’re grateful that Minister Bailey agreed to meet with us, especially after delivering a budget that was difficult for business,” Chamber CEO John Wilson said. “I admire her for facing the music on behalf of a government whose decisions will culminate in a record $13.3-billion deficit next year.”

Regarding Budget 2026, the province’s fiscal reality raises concerns about business confidence, downtown recovery and long-term economic growth in the region.

The budget adds new taxes and costs, including an expanded PST on professional services, at a time when businesses are desperate for support.

“A strong business environment and a vibrant downtown are essential to creating jobs, generating tax revenue and funding the public services that people rely on,” Wilson said.

READ THE MEDIA RELEASE

New tool helps Chamber track local industry data

February 4, 2026/in BizNews This Week, Business And Economic Strength, Chamber Awareness, Global Uncertainty

The Canadian Chamber has released a new tool to help understand the geographic and economic footprint of different industries on regions across the country.

The Business Data Lab’s Canadian Industry Tracker is available to chambers that are part of the national network. The tracker combines economic, workforce, trade, productivity and business outlook indicators — many not previously available at the city level. The data shows how major Canadian industries are performing across 41 census metropolitan areas, including Greater Victoria.

The tracker helps the Chamber’s team benchmark industries, compare regions and spot emerging strengths and risks. That knowledge helps in our advocacy and our partnerships with other community organizations working on behalf of business.

“Our Chamber has always punched above our weight with the advocacy we do to all levels of government, and this tool along with additions to our staff to increase our capacity around advocacy will help us to continue that work,” Chamber CEO John Wilson said.

Chamber’s voice helping call for action to save downtown

February 4, 2026/in BizNews This Week, Chamber Awareness, Chamber News, Government Provincial, Safe Communities, Streamlined Regional Regulations

The Chamber is raising the volume on its calls for urgent action to save Downtown Victoria.

Last week, Chamber CEO John Wilson authored a letter to BC Finance Minister Brenda Bailey asking her to prioritize downtown safety in the provincial budget. The Minister is set to unveil BC Budget 2026 on Feb. 17, before speaking at a Chamber breakfast the next morning.

“We’re looking forward to carrying on our annual tradition of hosting the Finance Minister for the first presentation to business after each year’s budget is made public,” Wilson said. “This is our opportunity to make sure the province understands the concerns we hear from businesses, and answers questions about plans for the year ahead.”

In the letter sent Jan. 22, the Chamber specifically asks that downtown public safety is made a priority, and that the province ensures adequate resources for front-line law enforcement.

“Naming downtown safety as a priority at the start of the legislative session … will reassure businesses and residents that the provincial government is committed to action,” the letter states. “This will help restore confidence and attract investment back to downtown Victoria. A clear commitment now will encourage businesses to stay and new ones to open, reversing the downward spiral and ensuring Victoria’s downtown remains vibrant and safe.”

Misleading emails falsely claim to sell Chamber lists

January 28, 2026/in BizNews This Week, Chamber Awareness, Safe Communities

The Chamber does not sell our members’ contact information.

If you receive an email or message offering to sell you a list of Chamber members, please use caution. We are getting reports of emails soliciting our members with false claims.

The Chamber takes the protection of our members’ information seriously. Don’t engage in any way with these messages. Mark them as junk and delete.

If you have questions, please contact communications@victoriachamber.ca.

Belleville Terminal meets new construction milestone

January 28, 2026/in BizNews This Week, Business And Economic Strength, Chamber Awareness, Government Federal, Government Local, Government Provincial, Hospitality And Tourism Rescue And Recovery, Transportation Options

The Belleville Terminal Redevelopment Project is entering the next phase of work, with dredging of the designated marine construction zone starting Feb. 2.

This work to remove contaminated soils happens Monday to Friday, 7 am to 7 pm, and Saturdays, 10 am to 7 pm, until Feb. 17. A crane barge and three support barges are set to arrive on site Jan. 30 to support dredging operations. The work is not expected to affect marine traffic.

The Chamber’s advocacy was key to attracting investment in the new terminal, which will modernize the experience for people travelling to downtown Victoria by ferry.

“It’s exciting to see the project moving along and we truly believe that investment in transportation infrastructure is vital to our region’s economic sustainability, especially in these times of global instability,” Chamber CEO John Wilson said.

City staff hear from business about noise bylaw concerns

January 28, 2026/in BizNews This Week, Chamber Awareness, Chamber News, Government Local, Hospitality And Tourism Rescue And Recovery, Transportation Options

Chamber members were able to offer business-focused solutions to City of Victoria staff today during a roundtable discussion in the Chamber boardroom.

The City of Victoria is looking to modernize its 23-year-old noise bylaw. The bylaw affects everything from delivery truck traffic to industrial activity to music festivals. As such, it’s vital that business operators have a say in how any changes will impact them.

“We have been clear with the city that businesses need to be heard. We need to be part of any discussion that will affect us and not simply be told after the fact,” Chamber CEO John Wilson said. “Today’s session was a good effort to reach out to the business community and hear about real concerns and real solutions.”

If you weren’t able to attend today’s event, there’s still time to fill out a survey specifically for businesses located in Victoria that will help city staff understand operational requirements and experiences with noise issues. The survey closes Feb. 8.

Cultural District plan would transform downtown

January 15, 2026/in BizNews This Week, Business And Economic Strength, Chamber Awareness, Government Local, New And Established Businesses, Safe Communities

A proposal that reimagines a section of downtown Victoria has been approved to move to the next step. Victoria council voted unanimously to approve the plans that Reliance Properties have for a new Capital Culture District.

The development would transform the area between 530 Chatham St. and the 1800 to 2000 block of Store St. into a neighbourhood supporting industry, arts and innovation.

The Chamber lent its support to the proposal through a video and letter to council.

“The proposal to build a Capital Culture District aligns with our mandate and we believe will help revitalize and reconnect this vital area of Downtown Victoria,” The Chamber’s letter stated. “Adding vibrancy and livability to downtown will help solve challenges around housing supply and safe communities … The proposal includes much needed parking, and preserve light industrial activities near our historic working harbour.”

Final approval for the development will be made at a yet to be determined date.

Add your voice to help VicPD make Victoria safer

January 7, 2026/in BizNews This Week, Chamber Awareness, Government Local, Safe Communities

The Chamber has heard business concerns about social disorder in Downtown Victoria and we have loudly and unapologetically called for Safe Streets Now.

As the voice of business for Greater Victoria, we hope all of our members can add their voice to our efforts. One way to do that is be taking five minutes to fill out the Victoria Police Department‘s new business survey.

The survey will gather data on issues, safety and strategies that will help VicPD better understand how it can improve conditions immediately and in the years ahead.

“I’ve been impressed with the response from local police, and I’m excited to hear from VicPD Chief Fiona Wilson at our Chamber luncheon on Feb. 10,” Chamber CEO John Wilson said. “We’ve promised to up our advocacy to help build a better future for all, and events like this offer an opportunity for the business community to be heard, and to hear about what is being done to make downtown safer.”

To take the VicPD survey, use the QR code above or click the button below.

VicPD Business Survey

Register for Luncheon with VicPD Chief