BC Transit receives relief as ridership improves

Transportation services such as commuter buses were hit hard by pandemic restrictions.

BC Transit is reporting ridership levels have recovered to about 70% of pre-pandemic levels. To ensure the service can carry on until it’s fully recovered, the federal and provincial governments announced $28 million in relief. The governments are also providing $176 million to Translink on the Lower Mainland.

PHO confirms vax pass restrictions expire Friday

Starting Friday, businesses and event organizers will no longer be required by the province to check vaccination status. As well, businesses will only need a communicable disease plan to reduce the spread of all infectious diseases rather than a specific COVID-19 safety plan.

“We expect a few businesses will continue to require proof of immunization, much as many continue to ask that masks are worn in common areas,” Chamber CEO Bruce Williams said. “We welcome the end of formal regulations and support businesses that know their customers and their staff, and who make decisions that work for their organization.”

Ban on foreign buyers reportedly in federal budget

The federal budget will be unveiled tomorrow at 1 pm and is expected to include plans for long-term economic growth. However, high inflation and uncertainty over the war in the Ukraine could see the government focus on new spending priorities, states an analysis by RBC Dominion Securities.

Housing affordability will be the cornerstone of the budget, according to media reports that suggest new rules will prohibit foreign buyers of real estate for the next two years. CTV also says the budget will include:

  •  $4 billion for municipalities to update zoning and permit systems to speed up housing construction
  •  $1 billion affordable housing construction
  •  and $1.5 billion in loans and funding for co-op housing.

The budget is also expected to include a surtax on banks and insurance companies, and billions of dollars in new spending for the military.

The RBC analysis notes that Canada’s economic recovery has been stronger than expected, allowing the feds to announce new spending and lower deficit projections. The analysis also points out that private capital will be required to grow the economy over the long term and to begin addressing chronic labour shortages facing all sectors.

SD61 budget cuts could impact student employment

The Chamber has lent its support to the long-standing career centre program at the Greater Victoria School District. The SD61 school board is expected to announce funding cuts as part of finalizing its budget tomorrow.

“We understand that this year’s budget process requires difficult decisions, and we do appreciate that every trustee is doing their best to make the right decision. That said, we urge the school board to continue adequately funding career centre staff positions,” Chamber CEO Bruce Williams stated in a letter to trustees. “Education is about helping students grow and learn to be successful adults who contribute to making our world a better place. Students receive positive direction to fulfill their academic potential, and they deserve to also have positive direction to prepare them for working life.”

Career centre staff are able to help students learn to build connections and professional relationships. Without that assistance, there might be fewer students available to take on traditional student positions. With Greater Victoria experiencing a workforce crisis, hiring students helps employers and gives young people a chance to earn money to pursue their own dreams.

CleanBC investing in innovation led by business

Innovation led by business is the key to addressing climate change. The Chamber supports the latest round of investment through CleanBC in developing technology that reduces harmful emissions.
 
On Monday, CleanBC unveiled its fourth round of funding for three streams:

  • The Emissions Performance stream supports projects that reduce emissions using commercially available technologies.
  • The Innovation Accelerator stream supports projects that use clean technologies to demonstrate innovative solutions for industry emissions.
  • The Project Feasibility Studies stream, opening April 1, supports studying how to remove barriers, mitigate risks and determine the viability of projects.

 
The program is aimed at supporting industrial jobs in communities across BC. The application process is open until April 29 for Emissions Performance RFPs, and May 27 for Innovation Accelerator RFPs.

ICBC rebate announced as relief from high gas prices

To help British Columbians deal with high gas prices, ICBC announced last week it is providing drivers with a one-time $110 rebate ($160 for commercial drivers).
 
Rising fuel prices — caused by what Premier John Horgan called “Putin’s illegal war in Ukraine” — have made life more expensive and led to calls for the province to reduce fuel taxes. And while consumers will welcome the rebate, there are concerns that the cash back from ICBC could increase demand for fuel. A better solution, some economists say, would be to focus relief on commercial vehicles facing higher costs — costs that will inevitably be added to the price of goods and services.
 
The ICBC rebate will be directly deposited in customer’s accounts or applied to their credit card, depending on how they pay for vehicle insurance. ICBC will not text or email information about the rebate and warns customers to be vigilant about fraud attempts.

Paid sick-days based on calendar year, province says

Employers have a little more clarity about the new requirement for five days of paid sick leave. On Monday, BC’s Labour Minister Harry Bains said the requirement is for every “calendar year” of employment, regardless of an employee’s start date.
 
As well, the government amended language relating to collective agreements so that no employees are excluded.
 
The Chamber continues to collect feedback from the business community about the introduction of paid-sick days in BC. Let us know your experiences to help inform our advocacy efforts by emailing communications@victoriachamber.ca.

Provincial grant funds street safety team in Victoria

Creating safe communities requires getting to the root of issues that make people feel unsafe. The Chamber advocates for adequate funding of enforcement, health care services and housing, and we applaud news that the City of Victoria will receive a grant to increase community safety.
 
“People in Victoria at risk of harm or victimization will benefit from a $30,000 grant to create a community-based team of front-line workers to deliver better, faster access to services,” a provincial government news release states. “The teams, known as ‘situation tables,’ … proactively identify vulnerable individuals or families who have a significant probability of committing criminal offences or experiencing harm or victimization, and rapidly connect them to services before they experience a negative or traumatic event.”

Hiring Day connects UVic students with employers

Finding and keeping workers starts with connections.
 
On Monday, The Chamber teamed up with the University of Victoria and the UVic Students’ Society to connect thousands of students with more than 60 employers in Greater Victoria.
 
About two-thirds of all students at UVic typically work while undertaking their studies. This has traditionally been a key addition to Greater Victoria’s labour force, especially as the region has one of the highest employment rates in the country.
 
Monday’s Hiring Day event attracted 63 employers, ranging from financial institutions to tourism and hospitality businesses.

“We are proud to have a long-standing partnership with The Chamber — students can make a real impact in workplaces across the region, and they are key to supporting the economic recovery in this community. This type of hiring event helps facilitate these important connections,” said Andrea Giles, Executive Director of UVic’s Co-operative Education Program and Career Services.

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Members Big Wheel Burger, Coastal Community Credit Union and Wilson’s Group at Hiring Day

International visitors renew hope for tourism sector

The return of international visitors is good news for our region’s tourism sector.

The recent announcement by Kenmore Air that regularly scheduled flights between Seattle and Victoria will return on April 1 is a great step forward. The Seattle area is a major source of visitors to Victoria and we know businesses here can’t wait to welcome them back. Adding flights creates more options for travellers, including the previously announced return of the Victoria Clipper on April 15, and the Greater Victoria Harbour Authority‘s start of a new cruise ship season on April 6.

To help spread the word, Destination BC has launched a new $6.7 million marketing campaign aimed at international visitors. The campaign, called Discover the BC Effect, aims to “drive emotional urgency” that will encourage people in Washington, California, Britain and Australia to travel to our province. The effort will complement Destination Greater Victoria‘s ongoing $2.2 million campaign.