​Data indicates downtown economy keeps improving

Downtown Victoria continues to show positive signs of recovering from the pandemic. The latest report from the City of Victoria contains a selection of indicators showing an increase in the value of construction and the number of business licences issued. As well, more people are working downtown, and there has been an increase in the number of pedestrians and visitors staying in hotels.
 
“Growing our economy is key to ensuring we have strong, diversified and resilient communities now and in the years to come,” said Greater Victoria Chamber of Commerce CEO Bruce Williams. “The data shows more workers are back in downtown offices, the value of construction has increased considerably and more business licences have been issued this year. Those are all positive signs that our economy is recovering.”