Greater Victoria joins 2030 Districts Network

Greater Victoria has officially joined a continent-wide initiative to create high-performance buildings that reduce energy use and greenhouse gas emissions. The 2030 Districts Network is a non-profit organization working to transform the built environment in cities around the world and promote sustainability.

The Greater Victoria 2030 District consists of 36 buildings and 3.5 million square feet of space, represented by major property managers in the region: Anthem Properties, Colliers International, Cushman & Wakefield, Ivanhoe Cambridge, Jawl Properties, Richmond Property Group, Shape Properties, City of Victoria, District of Saanich and the Province of BC. 

Planners ask for feedback on Victoria villages

As changes to the way we live and work continue to transform our neighbourhoods, the City of Victoria is hoping to hear from businesses to help plan the future of Fernwood, North Park and Hillside-Quadra. City planners see the three urban villages as playing a key role in the decades ahead.

To learn more about how to engage with planning, go to engage.victoria.ca.

CleanBC doubles rebate for commercial eco-vehicles

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Businesses, local governments and non-profits can now access larger rebates through CleanBC’s Specialty-Use Vehicle Incentive and Commercial Vehicle Pilot programs.

Vehicles eligible for SUVI rebates include medium- and heavy-duty vehicles such as electric-battery or hydrogen-fueled passenger buses, airport and port service vehicles and heavy-duty transport trucks, as well as smaller specialty-use vehicles such as motorcycles, cargo e-bikes, and low-speed utility trucks. Rebates will now cover 33% of the cost, up to a maximum of $100,000 per vehicle.

Organizations can also access $11 million for piloting unique or large deployments of medium- and heavy-duty or very large electric vehicles, such as domestic air, marine or rail transportation through the CVP program. Eligible applicants can compete to receive up to one-third of total costs in rebates for vehicles and charging or refueling infrastructure.


Advent of 5G promises new innovations for business

What does 5G mean for your business? At The Chamber’s Public Policy and Advocacy meeting yesterday, TELUS‘s Vice-president of Business Products and Services, Marshall Berkin, explained how the new technology promises to transform our lives. The expanded capacity of 5G is about more than increased speed, as it will also enhance the reliability of networks and lead to amazing innovations by business. Everything from improving relationships between healthcare providers and patients to creating more engaged communities is already happening. Marshall has agreed to share his presentation here, and more information on 5G from TELUS can be found here.

Feedback sought on Oak Bay Lodge redevelopment

If you have ideas on future uses of the former Oak Bay Lodge, the Capital Regional Health District wants to hear from you. The CRHD, a corporation of the Capital Regional District, has set up a website to engage with the community about the redevelopment of the lodge property. The senior care facility closed last summer, after moving all tenants to The Summit on Hillside Avenue.

“Working with the community to reimagine the future use of the property is a high priority project for the region,” said CRHD Board Chair Denise Blackwell.

For details on upcoming virtual open houses, as well as a feedback form and discussion guide, go to crd.bc.ca.

Municipalities begin 2021 financial planning process

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The City of Victoria has reached out for public input on its 2021 Draft Budget. Municipalities in BC typically begin their budget process early in the new year by compiling a wishlist that is then whittled down during deliberations. Victoria says it wants to keep any tax increase down to 1% plus inflation by focusing on essential services. To have your say on what Victoria is proposing, go to engage.victoria.ca to fill out a survey and get details on a Jan. 19 town hall.

With property assessments increasing across the board in the region, municipalities will need to adjust rates to cover their costs without increasing taxes for all property owners. The District of Saanich‘s website, which includes the graphic above, has good information on the financial planning process. The provincial government requires all BC municipalities to adopt their financial plans by March 31, and their annual tax rate bylaws by May 15 each year.

The Chamber will continue to advocate for fair rules to ensure municipalities don’t burden businesses by raising commercial property taxes. As Chamber members, Victoria, Saanich, Langford, Colwood, Esquimalt and View Royal have shown leadership by ensuring fair financial plans. If you have questions or comments about the budget process in any of these municipalites, contact The Chamber at communications@victoriachamber.ca and we will be happy to advocate on your behalf.


Colwood gondola an innovative plan for commuters

Can a gondola help make it easier to move commuters between the West Shore and downtown Victoria? It’s not so far fetched.

Embracing opportunities to reduce greenhouse gas emissions will be a major theme in 2021. The Chamber has long been an advocate for innovations led by business as the most realistic approach to mitigating climate change.

Colwood Mayor Rob Martin has a vision to turn 10-acres of city-owned land into a park-and-ride featuring a gondola to move people from a site behind the new Royal BC Museum archive building to a proposed ferry terminal at Royal Bay. The idea is to reduce space needed along the waterfront for a commuter ferry, which already has the blessing of BC Ferries CEO Mark Collins.

The Chamber supports the idea of reducing vehicle traffic between downtown and the West Shore, and we would like to see the province fund a study to determine the feasibility of Martin’s plan.

Property assessments up after strong sales in 2020

The new year brings new assessments for property owners in BC. The real estate sector in Greater Victoria was a bright spot in 2020 and it’s not surprising that assessments are up across the region.

A total of 8,947 properties sold last year, up 17.1% from 2019. The increased demand and limited inventory has raised house prices about 5 to 10% in the region.

In response, the province has raised the threshold for eligibility for the Home Owner Grant to $1.625 million. The province has also taken on administration of the grant, which was formerly done by municipalities.

To listen to Chamber CEO Bruce Williams discuss the state of real estate in Greater Victoria, check out our Chamber Chat with the Victoria Real Estate Board.

Fiscal update adds debt to keep economy active

It’s clear that we will be dealing with the pandemic for many months to come, even as optimism grows over the imminent distribution of vaccines. On Monday, the federal government gave a fall fiscal update that included news about an economic stimulus war chest as well as important changes to the emergency wage subsidy.
 
Canada’s deficit will be close to $400 billion by the end of the fiscal year. To help the economy recover once the pandemic begins to wane, the government is setting aside $100 billion for stimulus.
 
The Canadian Chamber of Commerce, which has been one of the federal government’s key advisors, released a statement regarding the update. The Chamber has called on government to tailor its support to the most vulnerable sectors, and to have a plan to move beyond subsidies.
 
“Without strong and prolonged economic growth to resolve the country’s growing public debt, Canada’s growing obligations will adversely affect prosperity for future generations,” the Canadian Chamber said in its statement.

Shop local, Chamber Local, and support our business community

We’ve always supported local business. Back to our founding in 1863, we helped Greater Victoria’s economy thrive by serving as a unified voice for enterprise.
 
Today, we continue to adapt and evolve our efforts to help the community by ensuring a strong regional economy.
 
As we launch our new Chamber Local campaign, we want to hear from you.
 
What does local mean to your business and to you and your family?
 
What binds this community together is our connections and our willingness to help. Maintaining our local businesses past 2020 and well beyond requires all of us to think about how shopping local supports our whole region. After all, when was the last time Amazon shopped at your business or sponsored your kid’s sports team?

Contact Thomas at members@victoriachamber.ca to submit a story for #ChamberLocalVicBC.

In the News: Read Jack Knox’s interview in the Times Colonist with Chamber CEO Bruce Williams: If our stores go dark, it really will be Black Friday