Government Provincial Archives

C-5 aims to rebuild Canada’s economic momentum

June 25, 2025/in BizNews This Week, Business And Economic Strength, Chamber Awareness, Government Federal, Government Provincial/by Jim Zeeben

An economic evolution that the national chamber network has been working on for years is one step closer to reality this week. On June 23, the federal government passed legislation to vastly improve free trade and labour mobility between provinces.

Without this legislation, large-scale energy and infrastructure projects have routinely been delayed by regulatory gridlock, rising costs and political indecision.

“The Canadian Chamber of Commerce applauds the federal government for urgently introducing and passing Bill C-5 in the House of Commons,” Canadian Chamber Executive Vice President and Chief of Public Policy Matthew Holmes said, adding the ongoing tradewar with the US administration drove home the need to diversify. “We cannot have all our eggs in the United States economic basket any longer.”

Projects where fast-tracking has the broad support of impacted First Nations, Métis and Inuit communities should be the first to be considered.

“Canada’s business community firmly believes we can end project paralysis while working in collaboration with Indigenous rights holders and communities while maintaining world-class environmental standards,” Holmes said. “We know respect and partnership for shared prosperity are the path forward. The Canadian Chamber does not believe a major project is viable in the absence of clear community level support and expects Canada to meet its legal obligations to consult and cooperate with Indigenous peoples, per the United Nations Declaration on the Rights of Indigenous Peoples Act adopted in 2021.”

Bill C-5 is just the first step. The onus is now on the federal government to deliver so that we can build economic momentum in Canada and show the world we’re serious about growth, energy and getting big things done.

Municipalities applaud expanded borrowing powers

June 25, 2025/in BizNews This Week, Business And Economic Strength, Government Local, Government Provincial/by Jim Zeeben

Municipalities in BC are applauding a move to make it easier to finance capital projects. The Chamber is cautiously optimistic about the change, though businesses are wary of enabling any level of government to take on more debt.

“There’s no question that we want to see the public sector work more efficiently, but we also are clear that we need investments that help the private sector grow our economy,” Chamber CEO Bruce Williams said. “Innovation led by business is key for us to create the good jobs and creative solutions needed to solve many of the issues affecting our society that government itself is unable to fix.”

The Province amended the municipal liabilities regulation and the short-term capital borrowing regulation to give municipalities more flexibility to plan and finance infrastructure projects that support population growth and housing development.

Municipalities can now borrow up to 10% of their annual revenue, without having to hold a public vote. The changes are a response to concerns raised by municipalities about the cost, complexity and risk of delays associated with implementing capital projects.

Construction begins in Inner Harbour on Belleville terminal

June 25, 2025/in BizNews This Week, Government Provincial, Transportation Options/by Jim Zeeben

Construction on the Belleville Ferry Terminal will begin this month, following the awarding of a design-build contract.

The Chamber has called for the new terminal for decades and, once complete, it will provide a more comfortable experience for people travelling to downtown Victoria by ferry.

“The Chamber has been an outspoken proponent for modernizing Belleville terminal for decades, and we’re happy to see the project meet new milestones along its way to completion,” Chamber CEO

Bruce Williams said. “With so much uncertainty affecting the economy, we support this project as an important investment in the future of Greater Victoria and as a confirmation of the value the Clipper and Coho bring to our region.”

Construction involves demolishing existing infrastructure and building a new pre-clearance terminal building with modern border-security standards. It also includes replacing aging wharf facilities and building a new commercial goods processing facility.

The new pre-clearance terminal will comply with the Canada-US Land, Rail, Marine and Air Transport Preclearance Agreement, and will make travel faster and easier by allowing passengers to complete the customs and immigration process in Victoria prior to disembarking in the US.

The overall project cost has increased from the $331 million budget that was approved in 2024, due to complex geotechnical and seismic conditions, site constraints and significant soil contamination that will require extensive remediation. Other factors include inflation and safeguarding against economic uncertainty related to tariffs on steel and other products. The federal government has confirmed it will increase its contribution to more than $45 million for the project. The new cost of the project is $416 million.

The project is expected to be completed in 2028.

Work continues on reducing internal trade barriers

June 18, 2025/in BizNews This Week, Business And Economic Strength, Government Federal, Government Provincial/by Jim Zeeben

With less than two weeks to go for Canada’s new Prime Minister to meet his promise of reducing barriers to inter-provincial trade, the national chamber network is encouraging lawmakers to move quickly.

On Monday, the Canadian Chamber appeared before a Senate committee to highlight the urgent need to reduce internal trade barriers and accelerate the development of critical infrastructure across Canada. The delegation also reiterated Canada’s role in ensuring energy security, supporting Indigenous partnerships and restoring investor confidence through regulatory reform.

The government has said that removing internal trade barriers would reduce prices by up to 15% and add up to $200 billion to Canada’s economy. According to Scotiabank, there is a lot to understand the impact removing inter-provincial trade barriers could have on our economy.

“The (barriers) are basically a lot of these small differences in regulatory standards that just make it that much more difficult to trade internally. When we think about trade barriers, often we think about them as anything that makes trading more difficult,” Scotiabank’s Senior Policy Advisor John McNall said. “They can be these little unintentional frictions that add up over time. For example, think of a nurse or an electrician who’s working in a particular province, they’re licensed to work in one province. But if they want to move over to another one, their licence doesn’t necessarily carry over. These sorts of little technical standards or regulatory changes create extra costs for businesses. None of these laws are created maliciously, the province is implementing what it feels is best for business in that jurisdiction, but they become an issue when regulations are different between provinces.”

Panel releases plan to make Victoria safer for business

June 18, 2025/in BizNews This Week, Government Federal, Government Local, Government Provincial, Safe Communities/by Jim Zeeben

How can we make our communities safer? It’s a fundamental question that speaks to the very foundation of our region’s economy.

On June 19, the City of Victoria will consider the Community Safety and Wellbeing Plan that was created through the input of a 10-person panel that began meeting 18-months ago.

“We know Chamber members want more done to protect businesses, as well as helping those who are facing mental health and addiction challenges,” Chamber CEO Bruce Williams said. “We’re happy that the panel included people who were able to provide an important perspective from the business community.”

The plan focuses on the need to invest in prevention rather than chasing problems after they manifest. This approach requires support from higher levels of government, even though the municipality is often on the frontline.

“Underpinning many of the recommendations is the knowledge that local government is the closest to the issues and the most attuned to the needs of its own community,” the plan states. “Local governments are highly adaptable in addressing emerging issues, and responding quickly and efficiently. Additionally, key resources for community safety and wellbeing such as parks, public works, protective services, urban planning, and business development are already part of the City’s municipal framework and can adapt to emerging community needs.”

BC Ferries announces more details for new vessels

June 12, 2025/in BizNews This Week, Business And Economic Strength, Chamber Awareness, Climate Change Solutions, Government Provincial, Hospitality And Tourism Rescue And Recovery, Transportation Options/by Jim Zeeben

The Chamber is a strong supporter of the work BC Ferries does as a vital transportation and supply chain link for Greater Victoria.

“Our organizations have a very good relationship and we are encouraged by the business-minded approach BC Ferries takes to its long-term feasibility and sustainability,” Chamber CEO Bruce Williams said, who spoke today about the decision on CFAX as well as with the Canadian Press. “We know yesterday’s announcement about selecting the builder for new ships was a very well-informed decision, and we’re hopeful that we will still see a much needed fifth ship added to this proposal.”

BC Ferries announced China Merchants Industry Weihai Shipyards will build four new vessels to replace four aging ships nearing the end of their service lives, each increasingly prone to mechanical issues and service disruptions.

“CMI Weihai is a global leader in passenger ferry construction, and shipbuilding more broadly,” BC Ferries CEO Nicolas Jimenez said. “It was the clear choice based on the overall strength of its bid, including its technical capabilities, high-quality and safety standards, ferry-building experience, proven ability to deliver safe, reliable vessels on dependable timelines, and the overall cost and value it delivers for our customers — all essential as we continue to experience growing demand and the urgent need to renew our aging fleet.”

BC Ferries said, in the first 10 years of their operation, the new vessels will inject $230 million locally on refits and scheduled maintenance. Over their expected 45-year lifespans, the ships are expected to spur 17,200 job-years of employment and $1.2 billion in wages, contributing $2.2 billion to BC’s GDP.

The new vessels will be more spacious, have reduced emissions and be significantly quieter underwater to better protect marine life.

BC minimum wage increases to $17.85 next week

May 29, 2025/in BizNews This Week, Business And Economic Strength, Finding And Keeping Workers, Government Provincial/by Jim Zeeben

On Sunday, the province’s annual minimum wage increase will raise the lowest hourly rate from $17.40 to $17.85 per hour.

“The 2.6% increase on June 1 also applies to minimum-wage rates for resident caretakers, live-in home-support workers, live-in camp leaders and app-based delivery and ride-hail services workers,” the provincial media release stated. “This is the fourth year of the government’s ongoing commitment to tie annual minimum-wage increases to inflation.”

In February 2024, the Employment Standards Act was changed to automatically tie annual increases to the previous year’s average inflation rate.

Highway project will ease commute — eventually

May 29, 2025/in BizNews This Week, Finding And Keeping Workers, Government Provincial, Transportation Options/by Jim Zeeben

Connecting communities is critical for helping business flow smoothly around the region. There are deliveries to make and appointments to keep, but good transportation is also vital to helping employers find and keep workers. This has been a consistent advocacy priority for Chamber members, who help us understand their biggest challenges by filling out our annual member survey as well as in daily interactions.

Of course, building better transportation corridors can require patience. That’s the case across the region, including Highway 1 where the bus-on-shoulder project is currently underway. New bus lanes from the McKenzie Interchange to the Colwood Interchange will make taking the bus faster and more reliable and convenient for commuters.

Drivers can expect daytime disruption during construction. The Burnside Road on-ramp and the Helmcken overpass will close overnight between 8 pm and 5:30 am. The Galloping Goose Trail also faces closures of as long as 15 minutes between 8 and 11 pm.

The Highway 1 bus-on-shoulder project is part of the South Island Transportation Strategy to create a dedicated rapid transit corridor between downtown Victoria and the Westshore. BC Transit currently operates its Blink RapidBus to connect the areas and is planning to expand the service over time.

The bus-on-shoulder project includes $67 million in provincial funding and $28 million in federal funds. The project is expected to be completed in late 2027.

New lien rules bring BC in line with other provinces

May 15, 2025/in BizNews This Week, Business And Economic Strength, Fair Rules, Government Provincial/by Jim Zeeben

The new Commercial Liens Act comes into force on June 30, affecting how businesses collect debts for services they provide to repair, store or transport goods. The Act replaces a patchwork of outdated laws, which created different rules for different services.

The Personal Property Registry, an online system that tracks legal claims on personal property, will be updated on June 30 to so that commercial liens can be registered. The changes will also make it easier to enforce liens without going to court, which helps businesses get paid and cuts legal costs.

The Act also allows people to keep using their vehicle or equipment to make money and pay off the debt.

The act replaces the Repairers Lien Act, Warehouse Lien Act and Livestock Lien Act. Any existing liens under those acts will continue as commercial liens. The change brings BC closer to the goal of having one set of lien rules across Canada so businesses that provide services in different provinces do not have to keep track of different rules.

Chamber hears from Minister about BC’s economic plans

May 15, 2025/in BizNews This Week, Chamber Awareness, Finding And Keeping Workers, Global Uncertainty, Government Provincial/by Jim Zeeben

The Chamber hosted BC’s Minister of Jobs, Economic Development and Innovation, Diana Gibson, yesterday at the Union Club of BC.

Minister Gibson spoke about the province’s efforts to build a resilient economy in the face of uncertain trade relations with the United States.

“It was a valuable opportunity to speak with the Minister directly and pose questions on behalf of Chamber members,” Chamber CEO Bruce Williams said. “It’s important to understand what the government is trying to do, but it’s just as vital that government knows what business needs it to do.”

The event was moderated by Williams and South Island Prosperity Partnership CEO Aaron Stone.

The JEDI Ministry’s role is to support BC’s tech sector as well as small businesses, while providing economic development and promoting the province to international investors.

“One of the big tasks on their plate right now is working with the federal government and other provinces to increase free trade within Canada,” Williams said. “Prime Minister Carney has promised this will happen by Canada Day so the clock is ticking for provinces to reach agreements that make it easier for businesses to sell products and services more efficiently across our borders.”