Planning for a post-pandemic world: CEO column

In the February edition of Business Examiner, Chamber CEO Bruce Williams comments on expert advice to help businesses set a course for recovery.

As we continue to adapt to new ways of doing business, we are starting to get a much clearer idea of what lies ahead. This is good news for businesses that have been forced to leap into the future sooner than planned. Knowing where we’re going can help an organization ensure it has the capacity and resources to fulfil its potential.

Province makes wholesale liquor pricing permanent

​The hard-hit hospitality sector received some good news this week as the provincial government announced it was making wholesale liquor pricing permanent.

Last March, the province agreed to allow restaurants, pubs and tourism operators to purchase alcohol products for the same cost paid by public and private retail liquor stores. The change was originally set to expire next month.

BC Business Recovery Grants still underused

Tomorrow, when The Chamber hosts BC’s Minister of Jobs, Economic Recovery and Innovation, Ravi Kahlon, one of the topics will be how can more organizations access the province’s Business Recovery Grants? Uptake has been slow on the program, which offers grants up to $30,000 for any business in operation for 18 months that have experienced a 30% loss of revenue since May. Tourism operators are eligible for up to $45,000 in non-repayable funds under the same criteria.

According to reports, as of this month, only $12 million of $300 million allotted for the program has been delivered to businesses.

See below for more information on how to sign up for tomorrow’s Business Restart Series with Minister Kahlon.

Langford tops list of most resilient cities in BC

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A strong public sector and consistently low cases of COVID-19 helped Vancouver Island place six communities in the Top 10 Most Resilient Cities in BC, according to BC Business Magazine.

The City of Langford ranks No. 1 overall for its continued growth during the pandemic, with high volumes of residential home sales, housing starts and one of the youngest populations in the province. The move to employees working from home was another factor in Langford’s favour, giving communities outside urban cores more points than in previous polls. Cities that rely heavily on tourism were typically farther down the list this year.


Loans for highly-affected businesses widely available

Starting Feb. 15, more financial institutions are able to accept applications for the federal governments Highly Affected Sectors loan program. The funding provides low-interest loans between $25,000 to $1 million to cover operational cash flow needs. The money is guaranteed by the government through the BDC, and is intended to help tourism and hospitality businesses — sectors hit the hardest by the pandemic.

Funds still available for national grant program

A program offering $5,000 grants has reopened applications to help Canadian businesses cover the costs of personal protective equipment, office space adjustments or e-commerce development.

The Canada United Small Business Relief Fund was initially announced in October, but money is still available. The program is administered by the Ontario Chamber of Commerce though businesses from any province can apply.

Businesses that have already applied for the funds can email cusbrf@occ.ca to determine the status of their application.

Rapid-testing urgently needed as first-line defence

The nature of pandemics is that they cross borders and create challenges for jurisdictions around the world. So, while The Chamber fully supports the made-in-BC approach of our Provincial Health Officer, we also believe we can benefit from looking at solutions tried elsewhere.

On Feb. 2, The Chamber co-signed an op-ed that ran in the National Post that called on Canada to embrace rapid testing along with contact tracing.

“This strategy involves:

  • using tests that deliver results in minutes to find positive cases and isolate them quickly;
  • testing high-risk and asymptomatic individuals;
  • implementing effective contact tracing to quickly identify those who may have been exposed to COVID-19, so they, too, can be rapidly tested; and
  • supporting a layered approach, which includes maintaining physical distancing and protective measures like masks, hand-washing and new safety protocols in stores and workplaces.

Frequent testing with antigen tests can be scaled up quickly, in order to detect contagiousness and help cut the chains of infection. Indeed, some countries have tested their entire populations in days using this approach, while others are launching campaigns to test millions daily. In contrast, Canada currently administers barely 70,000 daily PCR tests, which deliver results in days, rather than minutes.”

Rule change helps schools facing fiscal challenges

Recognizing the challenges of continuing to offer opportunities for post-secondary education during a pandemic, the provincial government will allow schools to run deficits for the next two years. Post-secondary institutions are required to get government approval before incurring an annual deficit. A temporary change to the rule allows the schools to use available surplus to maintain operations. The University of Victoria and Camosun College are among schools pre-approved for deficits.

Having a trained workforce will be key to economic recovery, and The Chamber supports this initiative to help post-secondary schools continue with their missions.

Esquimalt plastic ban approved by the province

The Township of Esquimalt has joined the group of BC municipalities that have banned single-use plastics. On Monday, the province approved Esquimalt’s bylaw along with bylaws from Surrey, Nanaimo and Rossland.

The City of Victoria and District of Saanich have already had their proposed bans approved by the province, which has jurisdiction over environmental matters. The Chamber was instrumental in helping Victoria and Saanich work with businesses to ensure their bylaws complimented practices in place due to consumer demand. We also worked with Esquimalt and other municipalities in the region to make sure regulations were seamless across borders.

Cruise ship season suspended until March 2022

The suspension of cruise ships in Canada until March 2022 is devastating news for the many businesses in Greater Victoria that served the industry. The move is necessary to protect public health, and the Greater Victoria Harbour Authority released a statement that is committed to being ready to welcome passengers and crews back to our region once it’s safe to do so.

Chamber CEO Bruce Williams spoke with Global News after the announcement to voice concern for vulnerable businesses.