Chamber earns national recognition for championing inclusive growth


Calgary, Alberta
— The Greater Victoria Chamber of Commerce has earned a prestigious Inclusive Growth Award from the Canadian Chamber of Commerce. The award recognizes outstanding efforts to advance economic reconciliation and foster diversity, equity, inclusion and accessibility in the Canadian business landscape. Greater Victoria Chamber member WeBC was also recognized for their work in this space.
 
“Inclusion isn’t just a buzzword,” said Diana Palmerin-Velasco, Senior Director, Future of Work at the Canadian Chamber of Commerce. “It’s a cornerstone of a resilient and thriving business landscape. We’re proud to recognize these exceptional organizations and entrepreneurs who are leading the way in creating a Canada where everyone has a chance to succeed.”
 
The award ceremony was held Oct. 14 — the final day of the national chamber network’s annual general meeting in Calgary.
 
“The DEI initiatives we are making mean we are better reflecting the diversity within the economy and business community of Greater Victoria,” Chamber CEO Bruce Williams said. “The team working in our Inclusion, Diversity and Equity Advancement Committee, as well as our chamber staff, are making this advancement possible. This award belongs to them.“

Williams was also honoured before the AGM as the nation’s top chamber executive by the Chamber of Commerce Executives of Canada. The organization connects 450 professional members in 175 chambers of commerce and boards of trade across the country.
 
The Canadian Chamber’s Inclusive Growth Awards recognize chambers of commerce, boards of trade, and business members who have implemented successful initiatives to advance economic reconciliation, diversity, equity, inclusion and accessibility in their organizations and business operations. These awards also recognize underrepresented entrepreneurs who have demonstrated excellence in innovation and social impact.
 
“We are a Chamber that works for everyone, so it is important that everyone sees themselves reflected in our membership and our organization,” IDEA Committee Chair Richard Michaels said. “I’m proud of the initiative shown by Bruce and the Chamber team to create spaces that we can use to build diversity and, in turn, grow our organization and help our region’s economy become more sustainable and resilient.”
 
The Chamber was applauded for showing national leadership to take action on Indigenous reconciliation and working to help all people feel welcome in Greater Victoria’s business community.
 
“As part of our 160th anniversary, the Greater Victoria Chamber of Commerce created a digital archive looking back at our region’s history and the role diverse communities played in building a resilient economy,” Chamber Board Chair Kris Wirk said. “By acknowledging our past mistakes, we can take action on building a better community now and for future generations.”
 
On Canada Day 2021, the Greater Victoria Chamber publicly acknowledged and apologized for its historical role in the social and economic suppression of Indigenous People, becoming the first Chamber in Canada to do so. The Chamber ntroduced an economic reconciliation membership program for Indigenous-owned businesses, leading to a significant increase in Indigenous business membership.
 
Greater Victoria was one of three chambers recognized by the national chamber. Winnipeg and Newmarket were also celebrated.
 
In a separate category for members of chambers, WeBC earned recognition for supporting women entrepreneurs in BC since 1995. WeBC’s Enhancing the Mosaic of Women Entrepreneurs project, funded by the Government of Canada’s Women Entrepreneurship Strategy Ecosystem Fund, expanded access to mentoring, training, and resources for underrepresented segments of the population.This support was particularly critical during the pandemic, as it offered proactive assistance to women-owned businesses impacted by COVID-19.
 
For more information about the Inclusive Growth Awards and the Canadian Chamber of Commerce, please visit https://chamber.ca/events/inclusive-growth-awards/
 
About Greater Victoria Chamber of Commerce
Since 1863, The Chamber has served Greater Victoria by working together to build good business and
great community for all through advocacy, networking, professional development and innovative services as changing times require. In 2020, the Chamber Champions initiative added a powerful resource to provide leadership and guidance to our organization. Current Champions are: BC Ferries, Berwick Retirement Communities, Big Wheel Burger, Camosun College, CHEK Media Group, CIBC, ColdStar Solutions, H2 Accelerator, Knappett Projects, Acera Insurance (formerly Megson FitzPatrick Inc.), Mike Geric Construction, MNP, PARC Retirement Living, RBC, Scotiabank, Seaspan Victoria Shipyards, Starlight Developments, Times Colonist, TD Commercial Banking, TELUS Business, Times Colonist and the University of Victoria.
 
Media Contact: 
Jim Zeeben, Policy and Strategic Communication 
Greater Victoria Chamber of Commerce 
250 360-3471 | communications@victoriachamber.ca
 
About the Canadian Chamber of Commerce — The Future of Business Success
The Canadian Chamber of Commerce is Canada’s largest and most activated business network — representing over 400 chambers of commerce and boards of trade and more than 200,000 business of all sizes, from all sectors of the economy and from every part of the country — to create the conditions for our collective success. The Canadian Chamber of Commerce is the undisputed champion and catalyst for the future of business success. From working with government on economy-friendly policy to providing services that inform commerce and enable trade, we give each of our members more of what they need to succeed: insight into markets, competitors and trends, influence over the decisions and policies that drive business success and impact on business and economic performance.

Contact
Rewa Mourad, Public Relations Specialist
Canadian Chamber of Commerce
613.238.4000 (2211) | rmourad@chamber.ca

Chamber and DVBA celebrate Small Business Month

VICTORIA, BC – October is Small Business Month. It’s a good time to check in on the many businesses we rely on every day to provide essential goods and services, create jobs and support our communities. 

This year, the Greater Victoria Chamber of Commerce and the Downtown Victoria Business Association encourage everyone to say hello and thank their local business owners and staff the next time you see them. Small gestures of support mean a lot, especially for business owners working hard to navigate our complicated economic environment. 

“Greater Victoria’s support for small businesses over the pandemic was powerful. It truly energized the entrepreneurial spirit that thrives in our region,” Chamber CEO Bruce Williams said, noting that more than 90 per cent of Chamber members are small businesses. “So many businesses were able to make it through the last few years because of the support of our community. It really reinforces our mission of ‘working together to build good business and great community for all.’”

Small businesses employ more than half of all British Columbians. And the dollars that go to local businesses recirculate in the community about 4.6 times more than the same money spent at corporations that have head offices far away or even in other countries. The types of small businesses also represent every sector of the economy, from professionals and tradespeople who aren’t always top of mind to the highly visible retailers and restaurateurs who we interact with every day.  

“Victoria’s small businesses are a cornerstone of our healthy, dynamic community. At a time when consumers are bombarded with online choices, shopping local is more important than ever,” said Victoria Mayor Marianne Alto. “Supporting small businesses is an investment in the people, the character and the sense of community that make Victoria an incredible place to live and visit.”  

Throughout October, the Greater Victoria Chamber of Commerce is celebrating Small Business Month, sponsored by Grant Thornton LLP.  Visit victoriachamber.ca/small-business-month for resources and information on events designed to help small businesses thrive. 

“Small businesses are the heartbeat of Victoria’s economy, driving innovation, fostering local communities, and providing opportunities for growth,” said Kyman Chan, Partner, Assurance and Business Advisory, Grant Thornton LLP. “Supporting the small business community is not just an investment in economic prosperity, but a commitment to preserving the unique character and vitality of our region.” 

Over the month, the DVBA will be releasing short videos on their social media pages featuring a different small business every day. Check out the videos by following @downtownvictoriabc on Instagram, or @DowntownVictoria on Facebook. 

“More than ever, we understand the value and importance of our small businesses,” DVBA CEO Jeff Bray said. “They are the heart and soul of our communities, as well as being a key economic driver for our city and province.”

About the Downtown Victoria Business Association (DVBA):
The Downtown Victoria Business Association nurtures and promotes the vitality and vibrancy of downtown Victoria and its business community. With more than 1,400 businesses in their membership, the DVBA aims to be the authority on all things happening in the downtown core. Find out more about the DVBA at downtownvictoria.ca.

About Greater Victoria Chamber of Commerce
Since 1863, The Chamber has served Greater Victoria by working together to build good business and great community for all through advocacy, networking, professional development and innovative services as changing times require. In 2020, the Chamber Champions initiative added a powerful resource to provide leadership and guidance to our organization. BC Ferries, Berwick Retirement Communities, Big Wheel Burger, Camosun College, CHEK Media Group, CIBC, ColdStar Solutions, H2 Accelerator, Knappett Projects, Acera Insurance (formerly Megson FitzPatrick Inc.), Mike Geric Construction, MNP, PARC Retirement Living, RBC, Scotiabank, Seaspan Victoria Shipyards, Starlight Developments, Times Colonist, TD Commercial Banking, TELUS Business, Times Colonist and the University of Victoria..Find out more at victoriachamber.ca.

Media Contacts:
Jim Zeeben, Policy and Strategic Communication
Greater Victoria Chamber of Commerce
250 360-3471 | communications@victoriachamber.ca  

Extension of CEBA repayment deadline helps, but many businesses still at risk: The Chamber

VICTORIA, B.C. – After reviewing the federal government’s announcement on Sept. 14 regarding changes to requirements for repayment of CEBA loans, the Greater Victoria Chamber of Commerce is joining our national chamber network as well as our many partner organizations to call for an extension to the repayment deadline while maintaining the forgivable portion. 

“We’re thankful that the government appears to be listening, however, they’re only hearing part of the message. A lot of organizations are still fighting for survival and there is a real risk they could fail and never repay their loan,” Chamber CEO Bruce Williams said. “These are businesses that stayed open through the pandemic, kept people employed, and planned for better days. Unfortunately, they’re now facing a new struggle against rising costs and a challenging financing environment.” 

Razor sharp margins and a steep increase in interest rates have created unfavorable conditions for doing business. The Chamber is calling for a two-year extension to give businesses and interest rates enough time to stabilize. 

“Many organizations still need time, and extending the deadline for repayment of the loan is reasonable, however, that needs to be coupled with continuing to allow the forgivable portion of the loan,” Chamber Chair Kris Wirk said. “The reality facing many small businesses — especially those in hospitality, tourism and retail — is that they have a viable path to making a full recovery but it’s going to take longer than expected.” 

The Chamber is also working to help businesses and non-profits better understand their options. It’s vital that these organizations seek expert guidance to know what their specific agreements require, and whether it makes sense to adapt their operations or consider existing alternatives for refinancing their loan.

Media Contact: 
Jim Zeeben, Policy and Strategic Communications
Greater Victoria Chamber of Commerce 
250 360-3471 |
communications@victoriachamber.ca.

About Greater Victoria Chamber of Commerce 
Since 1863, The Chamber has served Greater Victoria by working together to build good business and great community for all through advocacy, networking, professional development, and innovative services as changing times require. In 2020, the Chamber Champions initiative added a powerful resource to provide leadership and guidance to our organization. Current Champions are: BC Ferries, Berwick Retirement Communities, Big Wheel Burger, Camosun College, CHEK Media Group, CIBC, ColdStar Solutions, H2 Accelerator, Knappett Projects, Acera Insurance (formerly Megson FitzPatrick Inc.), Mike Geric Construction, MNP, PARC Retirement Living, RBC, Scotiabank, Seaspan Victoria Shipyards, Starlight Developments, Times Colonist, TD Commercial Banking, TELUS Business, Times Colonist and the University of Victoria. Find out more at Victoriachamber.ca.