Your weekly round up of BizNews from throughout Greater Victoria!
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The atmosphere was electric when the Bank of Canada last held an event in Greater Victoria. Anticipation is building to attend the June 8 Economic Progress Report.
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Proposed changes to bail legislation a good step
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The Chamber has been working to advocate for investment and policy changes that make all of our communities safer. It's a complex issue that requires a major increase in resources to treat people struggling with mental health and addictions.
"This is a start, but we need to address bottlenecks with our court systems and the length of time it takes to provide treatment for people who want help with mental health or addiction issues," Chamber CEO Bruce Williams said. "We don't have enough capacity in jails or treatment centres, and everyone requires a fair trial and can't be held on bail indefinitely."
The Chamber will continue calling on all levels of government to ensure resources are available for the adequate enforcement of laws and bylaws, as well as investment in long-term solutions that address the root of the issues. Everyone needs to feel safe where they live and work.
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Welcome to the family!
Chamber creating new committee for family businesses
On May 16, the Family Business Association of Vancouver Island (FBA VI) held a special general meeting to vote to join forces with the Greater Victoria Chamber of Commerce. The attendees of this special general meeting along with proxies voted unanimously to wind down FBA VI and to transfer their assets to the Greater Victoria Chamber of Commerce.
“On behalf of all Chamber members, I want to thank members of the Family Business Association for entrusting us with continuing their important work,” Chamber Chair Kris Wirk said. “We know how vital it is to foster strong relationships and build connections that will benefit our region’s economy for generations to come.”
The crux of the discussion at the meeting was that the FBA VI is looking at this change as the beginning of a new era, one that will expand help for family businesses and help successfully transition them to future generations.
“The Chamber and the Family Business Association of Vancouver Island share common goals, which made this an easier decision,” FBA Board President Dean Clarke said. “I feel confident that after collaborating over the last few months with Chamber Chair Kris Wirk and CEO Bruce Williams, this committee will help more family businesses benefit through the many programs and benefits offered.”
Over the next few months, The Chamber staff will be working with FBA members – 51% of which are already outstanding Chamber members – to find a new home at The Chamber. If you’re a family business and want to be a part of the Family Business Committee or attend some of the great workshops and programs focused on family business continuity and growth, email our membership team at chamber@victoriachamber.ca. We’ll have more details in the months to come.
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On June 8, Victoria will serve as host for the Bank of Canada’s mid-year Economic Progress Report.
The Greater Victoria Chamber of Commerce began working two years ago to book a speaker from the Bank of Canada. The demand for their time is high among chambers of commerce, boards of trade and businesses associations across the country.
“This is a big deal for business. There’s huge anticipation ahead of the monthly rate announcement and updates such as the Economic Progress Report,” Chamber Chair Kris Wirk said. “To have the eyes of the national financial press focused on Victoria is a rare opportunity and something that our local businesses don’t often have the chance to experience in-person.”
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Inflation higher than expected in April
After months of declining inflation, the Consumer Price Index edged up in April for the first time since June 2022. Rising gas prices and higher mortgage interest costs and rents were the main factors for the increase.
"Excluding mortgage interest costs, the CPI increased by 3.7 per cent in April (year over year)," the Conference Board of Canada stated. "Notably, food prices in stores continued to fall on a year-over-year basis."
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Bank of Canada Deputy Governor Paul Beaudry will unveil the Progress Report speech, which will be simulcast nationally. The report will come the day after the Bank makes its next interest rate announcement on June 7.
“We don’t know any of the specifics about what the report will say, of course, but we do know that the information will be significant to many of our businesses,” said Wirk, partner with the accounting firm Dusanj + Wirk. “It’s an unprecedented time for the global economy and, I think, we’re looking forward to some insight as well as the chance to be in a room full of ambitious businesspeople to share this experience.”
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Thurs., June 8
11:30 AM - 1 PM
Victoria Conference Centre - Carson Hall
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Bank of Canada in Victoria
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It’s been more than five years since Vancouver Island last hosted the Bank of Canada and The Chamber is proud to announce Victoria will serve as host for the Bank of Canada’s mid-year Economic Progress Report on June 8.
The Economic Progress Report, delivered by Deputy Governor Paul Beaudry, will be presented the day after the Bank of Canada makes its next interest rate announcement. Join us for this important event for the opportunity to hear first-hand about recent developments in the Canadian economy and implications for monetary policy and your business.
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Restoring Indigenous agriculture builds food security
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The provincial Indigenous Food Systems and Agriculture Partnership Program supports Indigenous governments, communities and businesses with agriculture, food processing and food-systems planning, as well as training and skills development, technological adoption, scaling up productivity and profitability, and climate change adaptation.
Among the projects in our region, the Victoria Native Friendship Centre received $80,000. The funds will be used to work on the Oak Bay property gifted to the centre by the late Marion Cumming. The plan is to remove invasive plants, add native plants, beehives, pollinator plants and increase food security in the community by growing year round.
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Victoria Native Friendship Centre: Member since 2019
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Buy BC open to help market local agri-products
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This year, the Buy BC Partnership Program is providing $2 million for marketing activities that increase consumer awareness and drive sales of local food and beverage products.
The program, managed and administered by MNP LLP on behalf of BC's Ministry of Agriculture and Food, has helped generate an estimated $80 million in sales since 2017. More than 800 businesses are registered to use the Buy BC logo on almost 4,000 food and beverage products.
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MNP LLP: Member since 2013
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MNP LLP: Chamber Champion since 2020
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May Member Networking Breakfast
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Start your morning with a business development and community building check mark. Hosted by Revera at their Kensington Retirement Residence, known for the independent, active senior living lifestyle it provides, this breakfast is a must-attend event for Chamber members. It's a great way to learn about services offered by one another and how you can positively contribute to our local business community.
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Take The Chamber's Membership Survey!
Your Chamber Membership provides you with discounts on our benefit programs, opportunities to connect with the business community and supports your business through its advocacy efforts. Are you getting your full membership value?
Help us help you! Enter to win round-trip flights to Vancouver for two from Helijet by completing the survey.
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BC Hydro's electrification plan
With a focus on climate change and the electrification of more devices, homes, vehicles and industries, find out how BC Hydro is helping their customers make the switch from fossil fuels to clean electricity.
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Chamber Chats with CEO Bruce Williams
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Co-Op Programs at the University of Victoria and Camosun College
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In this Chamber Chat CEO Bruce Williams chats with the President of Camosun College Dr. Lane Trotter, and Dr. Kevin Hall President and Vice-Chancellor at UVic about updated co-op programs at their institutions
Looking to add to your team with a co-op student? Click here to connect with Camosun and University of Victoria.
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University of Victoria: Member since 1976
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University of Victoria: Chamber Champion since 2020
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Camosun College: Member since 1981
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Plan a great Victoria Day in Greater Victoria
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How will you be celebrating the Victoria Day Long Weekend?
Although Victoria Day began in 1845 as a way of commemorating Queen Victoria’s birthday, the holiday has since taken an additional meaning: the unofficial start of Canada’s summer season.
Although the summer weather may not arrive in time for the long weekend, we hope you take the opportunity to enjoy what Greater Victoria has to offer.
Visit our member directory to see a full list of our members that can help make your long weekend one to remember.
The Chamber will be closed on Victoria Day, Monday, May 22.
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Find the best talent for your team
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If you’re looking to grow your team this Spring, The Chamber’s job board is your next best resource.
Attract the best workers by posting a 30, 60, or 90 day job listing. Tap into the Google Jobs Network and candidates that are eager to work for a Chamber member.
As an exclusive member benefit, use the code INTRO2023 at checkout to receive a free 30-day listing.
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Guess My Job program a huge success!
The Chamber recently partnered with the Greater Victoria School District and Maximus to showcase the SD61 Guess My Job program, which broadens students' horizons through targeted lesson and activities which culminate to a Guess My Job game. Special thanks to CHEK News, Wilson's Group of Companies, Ocean Networks Canada, Victoria Symphony, Camosun College, WorkBC, Island Health, Black Press, Western Design+Build, Happy Body Centre, Heart Pharmacy, Gwaii Engineering, CL Web Developers, Seaspan Victoria Shipyards and the Greater Victoria School District.
Inspired by the UK charity Education & Employers, the SD61 Guess My Job program challenges gender and social stereotypes, increases young people's earning potential and reengages them in school subjects.
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WorkBC: Member since 2006
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School District 61: Member since 1976
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Victoria Symphony: Member since 1984
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Camosun College: Member since 1981
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Camosun College: Chamber Champion since 2023
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Black Press: Member since 1987
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Western Design+Build: Member since: 2013
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Heart Pharmacy: Member Since: 2001
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Wilson's Group of Companies: Member since 2004
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Ocean Networks Canada: Member since 2019
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Island Health: Member since 2020
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Happy Body Centre: Member since: 2018
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Gwaii Engineering: Member since: 2021
CL Web Developers: Member since: 2019
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CHEK News: Member since 1971
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CHEK News: Chamber Champion since 2020
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Seaspan Victoria Shipyards: Member since 2002
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Seaspan Victoria Shipyards: Chamber Champion since 2020
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TELUS earns industry honour for innovation
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TELUS Business: Member since 1962
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TELUS Business: Chamber Champion since 2020
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VIATEC issues challenge to benefit Mustard Seed
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Mustard Seed Food Bank: Member since 1999
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VIATEC: Member since 1991
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Rifflandia announces big acts headlining this year's festival
over two weekends at separate venues Sept. 7-9 at Electric Avenue, an area around Pembroke Street between Store and Government streets; and Sept. 15-17 at The Park (Royal Athletic Park) at 1014 Caledonia Ave. More than 20 artists are performing, including Diplo, Iggy Pop, Run the Jewels, Salt-n-Peppa and Herbie Hancock.
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Rifflandia Festival: Member since 2022
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Hockey Day in Canada coming to the Inner Harbour?
The eyes of the sporting nation could be tuned into the sights and scenes of the Inner Harbour in January. A bid to bring Scotiabank Hockey Day in Canada is gaining momentum, with the City of Victoria contributing $100,000 to support efforts by the Victoria Hockey Legacy Society to bring the 13-hour broadcast to BC's capital. Society chair John Wilson, of Wilson's Group of Companies, told CHEK News that as many as 10 million viewers can be expected.
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Wilson's Group of Companies: Member since 2004
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City of Victoria: Member since 1863
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Scotiabank: Member since 1913
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Scotiabank: Chamber Champion since 2022
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World-class skatepark now open on West Shore
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A $1.3 million world-class facility for skateboarding officially opened in the City of Colwood last weekend. The Thrifty Foods Skatepark, next to the Juan de Fuca golf course, features a hybrid design and the aims to be an inclusive and welcoming facility for youth in the West Shore and Greater Victoria.
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City of Colwood: Member since 2020
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Thrifty Foods: Member since 1981
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Do you have a success story?
We want to hear from you
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Member to Member Discounts
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Iron & Wood Golf Simulators
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Victoria Bullion Exchange
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Welcome to our Newest Members!
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Need to get one of our snazzy Chamber name tags?
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250-383-7191
victoriachamber.ca
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