Camosun adds early childhood education spaces

Child care is the second largest expense after housing for working parents, which is why investing in affordable child care helps more people stay in the workforce.

To make sure there are enough people to staff new child care spaces, post-secondary schools such as Camosun College have increased their Early Childhood Education spaces.

In 2022, Camosun has added 24 ECE spaces to go along with the 107 spaces added over the last three years.

Business leadership key to getting through this together

The good news, as we wait for the current wave of COVID-19 to subside, is that we know how to protect ourselves and each other. Vaccinations work.

“Right now 95% of people in the ICU with COVID-19 are unvaccinated adults,”
Island Health Medical Health Officer Dr. Mike Benusic told CHEK News.

Dr. Benusic, who was a guest speaker at the January meeting of The Chamber’s Public Policy and Advocacy committee, says vaccination clinics across the region have been busy. The meeting was also attended by a number of Chamber Champions. Dr. Benusic responded to every question and encouraged all participants to keep the dialogue open.

Having access to business leaders helps government policy-makers develop better solutions. It’s something The Chamber does on an ongoing basis.

“I want to thank Dr. Benusic on behalf of our Chamber Champions and all our members for taking time to speak with us and answer questions,” Chamber CEO Bruce Williams says. “I also encourage all Chamber members to share their perspectives on the work being done by the Provincial Health Office. As Greater Victoria’s business community, we are part of the solution. We can continue to show leadership to help us get through these times and make sure we keep building a more resilient and inclusive economy.”

What are your thoughts on BC’s pandemic procedures, practice and protocols as they effect your business? Let us know at communications@victoriachamber.ca.

New funds announced for climate change initiatives

Applications open Jan. 26 for the third intake of the CleanBC Communities Fund, which has $134 million in federal and provincial money for initiatives that address climate change.

Projects are eligible for funding if they manage renewable energy, improve access to clean-energy transportation, improve energy efficiency of buildings or generate clean energy to reduce reliance on fossil fuels.

Businesses, non-profits, municipalities and Indigenous communities can apply.

To date, more than $240 million has been invested in local projects that increase clean energy and energy efficiency in buildings, transportation and other community-owned infrastructure.

Gyms and fitness centres can reopen Thursday

Gyms and fitness centres are preparing to re-open tomorrow after Provincial Health Officer Dr. Bonnie Henry announced new guidelines will replace restrictions that required the facilities to close as of Dec. 22. Among the new rules is a ban on heaters or fans that could contribute to the spread of the COVID-19 virus. People exercising are also required to maintain extended physical distancing and show proof of vaccination.

The announcement, made Tuesday, extended restrictions until Feb. 16 for event venues and bars that don’t serve meals. All workplaces must also continue to have a COVID-19 Safety Plan in place.

Province doubles Closure Relief Grant to $20,000

On Wednesday morning, the province announced it was doubling the grant available for businesses ordered to remain closed due to public health measures. Eligible businesses can now apply for up to $20,000 to cover costs after restrictions were extended until Feb. 16. Bars, nightclubs and lounges as well as event venues have been closed since Dec. 22.

Capital City Centre proposal will add needed homes

It’s clear that housing supply will be key to address affordability issues that are making it difficult for people to start families and grow their careers. Employers in Greater Victoria and across Canada have been calling for solutions to address a skills shortage keeping many organizations from realizing their potential.

On that note, The Chamber applauds recent news that Chard Development is working with BC Housing on a project that will add more than 400 units of affordable housing to the City of Victoria.

The proposal to redevelop the site of the former White Spot and Capital City Centre Hotel on Douglas Street is a great example of innovation led by business. If approved, the project will help people who work in the city afford to live there. It will also include day care — vital for helping parents stay in the workforce — and 90 units of supportive housing to help people overcome challenges that put them at risk of homelessness. Other amenities include a 9,000 square foot plaza, retail and office space and a grocery store.

Giant cargo ship towed into Ogden Point for repairs

Greater Victoria has a front-row seat to one of the many challenges facing global supply chains. The SM Busan is currently docked at Ogden Point for emergency repairs. The South Korean-flagged ship is roughly the length of five NHL-sized hockey rinks. About 80% of the containers on the vessel are empty.

The SM Busan left Portland, Oregon, bound for South Korea but began to drift in the Pacific Ocean on New Year’s Eve. A tug boat eventually brought the container ship to Ogden Point on Sunday, where it’s expected to remain for about a month.

The SM Busan is the first ship to use Ogden Point’s Pier B dolphin extension. Completed in 2020, it’s one of the Greater Victoria Harbour Authority‘s largest infrastructure projects ever.

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Photo courtesy of Greater Victoria Harbour Authority

New optimism for keeping communities safe in 2022

In 2022, The Chamber will continue our advocacy for safe communities as a fundamental need for good business and great community for all.
There is reason for optimism. The Chamber’s efforts to partner with other community organizations are being heard by all levels of government. In the City of Victoria, the police chief says approval to hire an influx of new officers will help the Victoria Police Department better face challenges amplified by the pandemic and the toxic drug crisis.
“I’m hopeful that it’s going to be a bounce-back year, and a bounce-back year for all of us,” VicPD Police Chief Del Manak told the Times Colonist.

Property assessments up across all property types

BC Assessment has released its latest property assessments based on what it deemed to be the market value as of July 1, 2021. The demand for Vancouver Island real estate has resulted in significant increases across all property types. The total assessment for the Island is $343 billion, up from $269 billion the year before.
The increased assessment doesn’t necessarily affect your property tax bill. But, on that note, The Chamber will continue to work with municipalities on behalf of businesses to ensure a fair tax burden. In 2021, Greater Victoria municipalities charged businesses a tax mulitple between 2.02 and 13.27 times what they charged residential properties. It’s something we’ll keep an eye on as municipalities begin their budget processes.

More people in Greater Victoria working last month

Greater Victoria’s unemployment rate fell to 4% last month, down from 4.4% in October. The numbers from Statistics Canada show there were 208,200 people working in November, up from 204,600 in October.
 
An increase in the number of people working in food services, financial industries and real estate has helped bolster the rate.
 
Our region now has the fourth lowest unemployment rate in Canada, after the Quebec regions of Gatineau, Sherbrooke and Quebec City.