The street had been named for Joseph Trutch, who was born in England and became involved in colonial politics in British Columbia. He was an avowed racist who refused to acknowledge Indigenous treaties and titles.

“With the renaming of this road, the Lekwungen people are not only able to share our native language, but also decolonize a chapter of local history,” Songhees Nation Chief Ron Sam said in a media release. “We will continue to work with the City of Victoria to change the narrative on historical figures, and towards a partnership reflective of truth and reconciliation.”

The Chamber continues to work with Indigenous individuals and nations to facilitate inclusion in the broader business community.

“Inflation is broadening because the Canadian economy is in excess demand. There aren’t enough goods and services to meet the demand we’re seeing as people enjoy a fully reopened economy,” Bank of Canada Governor Tiff Macklem said. “Employers can’t find enough workers and they’re increasing wages to attract and retain staff. With households spending robustly, businesses are passing on higher input and labour costs by raising prices.”

The Chamber recommends reaching out to your banker or mortgage expert to better understand the shifting landscape created by the Bank of Canada’s announcements.

Not surprisingly, the increased ability to make purchases online has become a habit with online shopping levels stabilizing after a surge in growth. The lesson for retailers is that customers want the best of both worlds — the convenience of buying online and the experience of shopping in-person.