The Chamber strongly supports Greater Victoria mayors who are calling on the new provincial government to do better to improve regional transportation on southern Vancouver Island. Specifically, we have been calling for a regional approach to how transportation is governed. We need to think broadly to address transportation issues and take advantage of opportunities to create 21st century solutions.
 
The mayors of Saanich, Victoria, Colwood and View Royal were among the group that co-authored a letter to the province.

Soon after the results of the provincial election are confirmed, The Chamber will be calling on government to ensure relief programs are available for sectors that are struggling due to COVID-19. The sooner we get our economy back to where it was before the pandemic, the better all of us will be.
 
One initiative we’d like to see improved is the province’s Small and Medium Sized Business Recovery Grants program, announced Oct. 9. The program sets aside $300 million for grants between $10,000 and $30,000 to business that meet a range of criteria. The program also offers additional grants between $5,000 and $10,000 to tourism businesses that meet additional criteria.
 
The Chamber is concerned the program could leave behind businesses struggling to survive. Many are in vulnerable situations and need an immediate lifeline to make it through until spring, when revenue streams are expected to stabilize.

Greater Victoria’s economy will bounce forward significantly starting next year, says a new report by the Conference Board of Canada.
 
Our region is the only major city in Canada that the Conference Board expects will post a gain in retail sales in 2020. Retail sales fell 3.5% in the second quarter but have since rebounded. The forecast is for 2.7% increase this year despite the pandemic. Next year looks even better as the forecast is for growth of 6.9%.
 
It’s not an entirely rosy picture, as the Conference Board says it will take years for Canada to shrug off the 11.5% contraction that the economy suffered as a result of shutting down in the second quarter. Governments also face difficult decisions in the years ahead as they will need to rein in spending.
 
“No one has a crystal ball, but The Chamber is encouraged by the detailed forecast offered by the Conference Board of Canada,” Chamber CEO Bruce Williams says. “Our region was thriving before COVID-19, and we know the fundamentals remain in place for us to create an even more resilient economy in the next few years.”

Doing business in a region with 13 municipalities can be confusing. The Chamber continues to advocate for better governance through fewer governments, and we have strongly supported the Citizens’ Assembly process that was started by Saanich and Victoria to explore the pros and cons of amalgamation.
 
One area that many municipalities have been trying to streamline is the business licence application process. The City of Victoria announced this week that it was moving the process online, enabling businesses to apply, pay and print licences without having to go into city hall.
 
The City of Langford offers perpetual business licences that don’t need to be renewed unless the business closes or moves.
 
The City of Colwood also doesn’t charge businesses an annual fee but does require licences to be renewed. This year, Colwood is encouraging businesses to use its online online application process.
 
The District of Saanich offers step-by-step instructions for businesses looking to apply for a business licence.
 
Businesses that carry on work across Greater Victoria can apply for Inter-Community Business Licences.

The federal government unveiled a new plan last Friday to help commercial tenants struggling with a loss of revenue due to the pandemic.
 
The Chamber had called on government to replace the Canada Emergency Commercial Rent Assistance (CECRA), which expired last month. It suffered from low uptake and had faced criticism from many business that found it exceptionally difficult to implement.
 
The new Canada Emergency Rent Subsidy (CERS) will be provided directly to eligible tenants, unlike CECRA which relied on buy-in from landlords. The government touts CERS as providing “simple and easy-to-access rent and mortgage support until June 2021.”
 
“A program that is easier to access is good news for many commercial tenants that are struggling right now,” Chamber CEO Bruce Williams says. “The new plan is an improvement and allows businesses to plan for the winter and spring. We’ll have to see how it’s rolled out, and how well it works for our most vulnerable businesses in the tourism and hospitality sector.”
 
Also announced Friday was an extension of the Canada Emergency Wage Subsidy until June 2021, and an expanded Canada Emergency Business Account offering access to an interest-free loan of $20,000 in addition to the initial CEBA loan of $40,000.