News Releases
Budget 2010 Brings Few Surprises
March 02, 2010
The provincial budget presentation was a “steady as she goes announcement." There was very few surprises in either spending or programs.
“Our concerns about the extent to which government cut-backs may impact on our local economy were diminished by the budget presentation,” says Bruce Carter, CEO of the Greater Victoria Chamber of Commerce. “It appears that the decrease in full time employment going forward will be spread across the province, compared to concentrated in Victoria, as the government city. We expect about another 1000 lay-offs up to the end of 2012.”
The budget noted that the full time complement of staff would have an overall decrease of 11% between budget 08/09 and 12/13 with about half of that decrease coming from attrition. About one third of the decrease attributed to lay offs have already taken place. The remainder of lay-offs will likely occur in the resource sectors with a smaller portion in citizen services.
“The disbursement of lay-offs means that the day to day economy of Greater Victoria will feel little impact. Our local businesses can be confident that a good part of their customer base will have restored consumer confidence,” continues Carter.
The Greater Victoria Chamber of Commerce has approximately 1500 members and is the voice of business for the Greater Victoria region. The Greater Victoria Chamber has received Accreditation with Distinction from the Canadian Chamber of Commerce.
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For more information contact:
Shannon Renault
Manager Policy Development & Communications
Greater Victoria Chamber of Commerce
Cell: (250 )812-0510
Email: srenault@gvcc.rg
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Bruce Carter
Cheif Executive Officer
Greater Victoria Chamber of Commerce
Tel: (250) 383-7191 Ext 201
Email: bcarter@gvcc.org
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News Releases - 2010
Budget 2010 Brings Few Surprises (March 02, 2010)
Asia Pacific and Digital Investments Good for Victoria (March 02, 2010)
Flower Count Takes Flight at the Airport on Thursday (February 24, 2010)
Prodigy Group Launches New Website to Engage Members (February 09, 2010)
Conference Board Sees Growth in Greater Victoria (January 27, 2010)
Report Confirms Victoria Needs to Focus on Crime Reduction (January 14, 2010)
News Releases - 2009 
New Publcation Showcases Greater Victoria to the World (December 03, 2009)
Win for the Region on HST Mitigation (November 19, 2009)
Letter of Support for Bill C-304 (November 16, 2009)
Olympians, Kids, and Prodigy members raise funds for The Y Partners with Youth Campaign (October 27, 2009)
Victoria Chamber Calls on Government to Mitigate HST Impacts in 2010 Budget (October 07, 2009)
Victoria Chamber Priorities Win National Support at Canadian Chamber (October 05, 2009)
Victoria Chamber Employee Wins National Recognition! (October 03, 2009)
GVDA Gets More Lift with Airport Authority Funding (September 30, 2009)
Consumer HST Mitigation Good for Small Business (September 01, 2009)
Chamber Focuses on HST Mitigation for Victoria’s Economy (August 25, 2009)
New Publication Showcases Greater Victoria to the World (July 14, 2009)
Greater Victoria Named Top Micro City of the Future (July 08, 2009)
Chamber Calls for City to Provide Business Certainty (June 29, 2009)
Annual Report Shows Why We’re A Natural Place to do Business (May 05, 2009)
Parties State Positions on Local Issues (April 27, 2009)
Chamber Celebrates Outstanding Performance at Chamber Awards (April 21, 2009)
Regional Economic Summit Brings Call to Action (April 07, 2009)
Sasha Angus leads Vancouver Island Economic Alliance (April 06, 2009)
Mooring Dolphins a Good Investment of Government Dollars (March 30, 2009)
Infrastructure Announcement for Ogden Point a Win for the Region (March 30, 2009)
Victoria Leads 2009 Flower Count (March 23, 2009)
Alex Campbell Wins Lifetime Achievement Award (February 24, 2009)
Greater Victoria Highlighted in Island Economic Study (February 23, 2009)
Provincial Budget Brings Mixed Blessings to Capital (February 17, 2009)
Budget Supports Competitiveness and Clean Technology (February 17, 2009)
Heritage Designation costs up to $1 Million (February 13, 2009)
New Partnership to Lead Victoria Flower Count (February 10, 2009)
Infrastructure Projects Should Build Future Capacity (February 04, 2009)
Chamber Assesses Federal Budget Impacts to the CRD (January 27, 2009)
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