Tax credit applications now open for BC employers

Employers can now apply for the BC employer tax credit originally announced last September.

“With 2020 payrolls finalized, businesses will know if they are eligible for a credit that could equal up to 15% of any increase in total eligible payroll paid in the last quarter of 2020. The tax credit could be as much as $2,230 per employee,” states the provincial news release.

The credit will be applied to any outstanding Employer Health Tax or other debt owed to the province. Businesses that don’t pay EHT or owe less than their credit will receive a refund.

Investments support UVic’s transportation plan

Improved infrastructure and more environmentally sustainable buses are being welcomed by the University of Victoria. On Tuesday, the federal and provincial governments announced funding to provide BC Transit with six natural-gas buses that will replace diesel buses currently in the system. As well, UVic is getting an enhanced transit exchange on campus that includes better paths and bike storage to encourage students to cycle to school.

“This project will help us reach our goal of having 70% of all trips to and from campus facilitated by public transit or active transportation,” UVic’s president and vice-chancellor Kevin Hall says. “These transit improvements complement our Campus Cycling Plan and give our campus community and neighbours greener and healthier commuting choices from their doorstep to school, work and play.”

The new buses will be fueled by compressed or renewable natural gas, and replace buses at the end of their service life.

The federal contribution will be $4.9 million while the province will provide $4.5 million. The Victoria Regional Transit Commission and UVic will chip in $1.9 million.

A tasty way to support our local restaurants and win great prizes

With the recent Provincial Health Order limiting indoor dining across BC, supporting local restaurants is as important as ever. That’s why we invite you to take part in
The Chamber’s Takeout Challenge! 

Tag your favourite restaurant and two friends for your chance to win one of two $100 gift cards to Tutti!

Take a photo enjoying takeout from your favourite restaurant, tag us and use the hashtag #ChamberLocalVicBC for five additional entries!

Winners will be announced on April 26 in our Chamber Events newsletter.

Click here to eat with a #ChamberLocalVicBC restaurant tonight.

Hudson gets $100m for affordable rentals

The creation of 227 affordable rental units in downtown Victoria is an investment in our future workforce and our region’s economy. On Tuesday, the federal government announced a $100 million loan for the Hudson Place 2 development at 1700 Blanshard St. The project features 245 multi-residential units in total. Most of those ear-marked for affordable housing will be rented at 30% of the local median income for a minimum of 16 years. As well, 49 units will rent for 70% below the median household income.

“People like teachers, nurses, shopkeepers, firefighters, paramedics, construction workers. Those people are finding it harder and harder to afford rent in Canada’s urban centres,” Ahmed Hussen, Minister of Families, Children and Social Development, told CHEK News.

As the economy rebounds, one of the biggest challenges facing employers is finding and keeping workers. Our region needs housing that is affordable in order to attract and retain a workforce.

Construction industry steps up to help restaurants

The economic recovery hasn’t been the same for everyone. To help the struggling restaurant and hospitality sector, BC’s construction industry is launching a grant program to encourage construction employers to treat crews to lunch from local restaurants. Grants depend on the size of the crew and are $250 or $500.
 
The BC Restaurant and Foodservices Association is grateful for the support.
“It’s a generous idea and we’re thrilled to support it by making posters available to all our members so they can put them up in the window or even visit the construction sites near them and make sure they’re aware of the grants and the #LunchBoxChallenge,” BCRFA president and CEO Ian Tostenson said.
 
The #LunchBoxChallenge initiative is part of activities celebrating Construction Month in April, which include the Vancouver Island Construction Association as a sponsor. The industry was declared essential early in the pandemic and has fared better than many other sectors.

Rules amended to allow artisans at farmers markets

With spring in the air, there’s good news for BC’s farmers markets. The province has lifted restrictions so that artisans can once again set up shop in markets. The change will allow non-food vendors, such as flower vendors, to sell at farmers markets, which must still follow Provincial Health Office rules.

Chamber calls on federal government to invest in business with next budget

On April 19, the federal government will unveil its first full budget in two years and The Chamber is working with our partners to ensure businesses can lead the way.
 
It’s crucial that government move away from a subsidized economy and invest in the private sector to create sustainable growth.

“We at the Greater Victoria Chamber of Commerce are calling the roadmap to a post-COVID economy the ‘recovery runway’ and we are identifying ‘pivot pilots’ as those organizations and leaders who have been nimble with pivoting the way they do business,” Chamber CEO Bruce Williams says in his latest column at Douglasmagazine.com.
 
Businesses that are leading the recovery — those pivot pilots — serve as a beacon of optimism as we taxi down the recovery runway.

Fraud Prevention Month

March is Fraud Prevention Month — thousands of Canadians are affected every year by fraud, leading to more than $37 million lost in 2020 alone. With COVID-19 scams unfortunately on the rise, ensure you and your loved ones are educated in the identification and prevention of fraudulent activities.

  • If you think you are a victim of fraud:
    • Immediately contact your bank or credit union if you believe your identity or money is at risk
    • Contact the police to report acts of fraud
    • Protect yourself with identity theft coverage with an applicable insurance provider.

Saanich’s odds improve as casino back on the table

A casino in the District of Saanich could spur development of a hotel and resort and offer a new source of revenue that would take some of the burden off residents, business and industry. The BC Lottery Corp. has asked Saanich if there is interest in pursuing the idea, after plans for a casino in downtown Victoria fell through.
 
“It’s an opportunity to get some real funding for our amenities … bicycle paths, sidewalks. How about a third ice surface for Saanich?” Saanich Mayor Fred Haynes told CHEK News.
 
The discussion is in early stages but Mayor Haynes suggested the location will be in east Saanich, between the Swan Lake area and Gordon Head.

Tourism workers recruited to help vaccine rollout

Workers in the hard-hit tourism and hospitality industry are being deployed in mass-vaccination centres. The province announced today that 1,400 people who were laid off because of the pandemic are being re-trained to help clinical staff move people through the vaccination process. Tourism and hospitality workers bring an expertise in providing friendly service quickly in high-volume situations, with many able to offer logistical or language support.
 
BC plans to provide initial vaccination to everyone eligible in the province by July 1.