The latest figures from Statistics Canada show the pace of inflation slowed in September, with the cost of goods rising 6.9% from a year earlier. Inflation has been declining for three months, after peaking at 8.1% in June.

The sharp rise in costs was initially attributed to fuel shortages caused by the war in Ukraine, a super-heated housing market and supply chain disruptions caused by the pandemic. However, fuel costs have stopped rising as sharply and supply chains are getting close to their typical efficiencies.

“However, these gains were largely offset by the continued rise of prices for food and services. Unfortunately, there was no progress on ‘core’ inflation, which held steady at 5%,” Canadian Chamber of Commerce Chief Economist Stephen Tapp said. “Today’s lack of progress on inflation — together with Bank of Canada surveys released earlier this week that suggested inflation expectations remain elevated — should be concerning enough to the Bank of Canada for them to deliver the 50 basis-point interest rate hike that the market expects (Oct. 26).”

• A family with a 10-month-old and a three-year-old in group care could save as much as $11,940 more per year.
• A family with a two-year-old and a four-year-old receiving family care would see up to $10,080 more in savings each year.
• Source: gov.bc.ca

At the upcoming 2022 Chamber Auction, we are proud to feature donations that highlight Indigenous art, culture, education and business, including:
​

• Enjoy a Signs of the Lekwungen Walking tour for six guests — with lunch included! Through storytelling and sightseeing, you will enrich your understanding of the culture and traditions of the Lekwungen people – kindly donated by the Greater Victoria Harbour Authority in partnership with Songhees Nation

• This Indigenous Canadian Flag, created by Kwakwaka’wakw Artist Curtis Wilson, features traditional designs of salmon and the head of a killer whale. The flag was created with the vision of all Canadians coming together in the future — kindly donated by The Flag Shop.

• Reach new heights at the Malahat Skywalk! Enjoy a Family Day ticket for 2 Adults and 2 Kids.

• Win a certificate to attend Cultural Perspectives Training at the Indigenous Perspectives Society. IPS offers Cultural Perspectives Training to help governments, organizations, businesses and individuals deepen their understanding, increase cultural competence and develop actionable ideas to respond to the Truth and Reconciliation Commission of Canada’s Calls to Action and the United Nations Declaration on the Rights of Indigenous People.

2022 Auction
Take a sneak peek at some of the incredible items available at the 2022 Chamber Auction, which runs Nov. 6 – 13.

Interested in having your products or services showcased at our auction?

Email specialevents@victoriachamber.ca or fill out our 2022 Auction Donation Form.
As an event sponsor, Maximum Express, Courier, Freight and Logistics is offering donors complimentary delivery of their auction item to The Chamber Office.

Any questions? Please call (250) 383-7191 or email specialevents@victoriachamber.ca

The Games kicked off on Sept. 13 and run until Sept. 17. The annual competition features 22 sports and activities at facilities in the City of Victoria, District of Saanich, City of Langford, District of Oak Bay and Township of Esquimalt.

Age categories range up to 100+ for some Track and Field events. Athletes come from 12 Zones across the province, and a special party is planned for tomorrow. The Thursday Night on the Town festival will feature music, First Nations cultural performances and activities from 5 to 8 pm on Government Street between Humboldt and View streets.

The 55+ BC Games are the largest annual multi-sport event in the province, and the first to be held in Greater Victoria since the North American Indigenous Games in 1997.