Your weekly round up of BizNews from throughout Greater Victoria
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Recognize a deserving Greater Victoria business
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Do you know an exceptional business who deserves recognition? With more than 12 categories to choose from, a nomination is great way to support businesses who have shown exceptional leadership and adaptability this past year.
Reward them — or even reward your own business — with recognition and exposure for all the good work done.
Last year, nearly 50,000 people watched the awards broadcast on CHEK. Winners and finalists receive more than $10,000 worth of promotion!
Looking to promote your business? Be part of Greater Victoria’s most prestigious awards as we celebrate business excellence.
Deadline to nominate is January 25.
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As we start a new year, The Chamber is here to help
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As businesses hit the ground running on a year that promises to be brighter than the last, The Chamber wants to remind you that we're here to help. We want to hear from you about what you need from us to make sure your business can get through the next year, and thrive in the years ahead.
In 2020, The Chamber played an active role in calling on all levels of government to provide emergency relief for business. Chamber CEO Bruce Williams told the Times Colonist that more help is needed to support tourism, hospitality, retail and the food and beverage industries.
“For these sectors of the economy to survive through the mandatory restrictions, and continue once the economy recovers, there needs to be assistance now.”
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Property assessments up after strong sales in 2020
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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.
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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 [email protected] and we will be happy to advocate on your behalf.
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City of Victoria: member since 1962
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District of Saanich: member since 2019
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City of Langford: member since 2019
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City of Colwood: member since 2020
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Township of Esquimalt: member since 2020
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Town of View Royal: member since 2020
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Colwood gondola an innovative plan for commuters
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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.
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.
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BC Ferries: member since 1983
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Royal BC Museum: member since 1994
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City of Colwood: member since 2020
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In a volatile time, find out what's in store for Canada-US relations
Join CEO Bruce Williams and Canadian Chamber President and CEO Perrin Beatty on the afternoon of the US inauguration, as they discuss how the Biden presidency will impact Canada-US relations, and BC in particular.
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BUSINESS RESTART SERIES:
Wed., Jan. 20 | 12-1 pm
Zoom
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Feedback sought on Oak Bay Lodge redevelopment
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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.
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Capital Regional District: member since 1993
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How is your business #ChamberLocalVicBC?
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What does local mean to you?
The answer to that question will be key to ensuring Greater Victoria is able to recover from the pandemic and gain added resilience as we move forward.
The Chamber has 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.
As we continue our Chamber Local campaign into 2021, we want to hear from you. What does local mean to your business and to you and your family?
See what local means to other Chamber members here.
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Chamber Job Board
During these extraordinary times, The Chamber’s Job Board connects employers needing help with employees in need of work.
Whether you’re a CEO, small business owner, or a manager looking for talent, finding and retaining employees is crucial.
Learn more about how to post on the job board here. If you have any questions about posting, please email [email protected]
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Emerging Business Person of the Year honours a business owner or founder under the age of 35 who:
- Has excelled in business
- Exemplifies outstanding leadership and/or entrepreneurial skills in their field
- Exhibits exceptional vision that contributes to business success, and
- Demonstrates leadership and resilience during the COVID-19 pandemic.
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Need some inspiration? Check out the videos of the 2020 Emerging Business Person of the Year finalists below. Thanks to Royal Roads University for sponsoring this award.
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Learn how to submit a winning application
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Thurs., Jan. 14 | 12-1 pm
Zoom
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Big support from Big Wheel Burger
Big Wheel Burger: member since 2020
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Shop Local with Marketplace BC
Small Business BC has launched Marketplace BC, an online platform to showcase your business and find great local products and services. Funded by the Government of BC and the Government of Canada, the marketplace allows customers to shop locally and support entrepreneurs based in BC. Many Chamber members have already launched their free profiles — they can be seen here.
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A tree-mendous initiative
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University of Victoria: member since 1976
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Bartlett Tree Experts: member since 2011
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Victoria Symphony: member since 1984
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The virtual TC 10K
The Times Colonist 10k will be hosted virtually this year from April 16-25. Early bird registrations are available now until Jan. 31. Cost is $35 for either the 10k or 5k race. Participants will also be given a race package that includes race bibs, T-shirts, finish-line tape and more.
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Times Colonist: member since 1961
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Addition to Swan Lake Sanctuary
Corporation of the District of Saanich: member since 2019
Swan Lake Christmas Hill Nature Sanctuary: member since 2014
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Donation Drive for the Neighbourhood
Funds will be used to help neighbourhood houses in Greater Victoria, providing counselling and outreach, childcare programs, food security programs and more. Donations were matched by Heart Pharmacies, Jawl Properties and anonymous donors.
Capital Daily: member since 2020
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United Way of Greater Victoria: member since 1972
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Heart Pharmacies: member since 2001
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Jawl Residential: member since 2019
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Do you have an innovation success story? We want to hear from you!
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Welcome to our newest members!
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