Candace Laing will become the new President and CEO of the Canadian Chamber of Commerce on Sept. 1.
Laing has more than two decades of experience as a senior executive with both the private and public sectors. She spent 10 years with Nutrien and its predecessor company, PotashCorp. With Nutrien, her roles included Senior Vice President and Chief Human Resources Officer and Vice President of Sustainability and Stakeholder Relations. Laing also has extensive experience with the national chamber. She joined the Canadian Chamber’s board of directors in 2019 and served as Vice-Chair from 2021 to 2022, becoming the elected Chair of the Board of Directors in 2022. “Candace is a next-generation leader with a strong Canadian business background," said Penny Wise, Chair of the CEO Search Committee and Vice-Chair of the Board of Directors. "She has extensive experience making decisions across complex organizations, which will help us build on our existing strengths and meet the challenges facing Canadian businesses and families." Current Chamber President and CEO, Perrin Beatty, officially steps down Aug. 30. Funds announced today will provide on-campus housing for Camosun College students at the Lansdowne campus.
"This is something that The Chamber has long advocated for, and we're happy to see funding finally made available," Chamber CEO Bruce Williams said. "Building housing for students will open up affordable homes in the community. This is a smart solution to the housing crisis and will help people who face challenges finding a home in our region." The $154.7 million six-storey building is expected to be ready by fall 2027 and will house 423 students in single, studio and quad-unit types. The building will be constructed using mass timber, targeting LEED Platinum Standards. Camosun is contributing $3 million to the project, with the rest of the funding coming from the province. “On-campus housing brings various social, academic and personal benefits, including greater retention rates, while freeing up rental spaces in the surrounding communities,” Camosun College president Lane Trotter said. An initiative that was adopted early by Greater Victoria businesses is now in effect across the province. As of July 15, plastic shopping bags and single-use products are no longer allowed to be offered to customers anywhere in BC.
The province estimates that British Columbians threw out more than 340,000 tonnes of plastic items and packaging in 2019, equal to more than 65 kilograms of plastic waste per person. Greater Victoria's diversified economy plays an important role in helping our region sustain downturns in the global economy. A great example is the tech industry, which thrived during the pandemic and now creates an economic impact of $7.9 billion.
The latest figures were announced last week in a report commissioned by the Victoria Innovation, Advanced Technology and Entrepreneurship Council (VIATEC). The sector has grown by 51% since 2017 and now supports more than 20,000 employees. The report found that lifestyle was the top advantage for being located in Greater Victoria, followed by our climate and short commute times. The biggest challenges facing tech businesses are a lack of affordable housing for staff, our region's high cost of living in general and our limited talent pool. VIATEC started as The Chamber's Advanced Technology subcommittee before becoming its own organization in 1989. Summer is officially underway, which means it's time to express our gratitude for living in the best place on earth. Greater Victoria is amazing throughout the year, but summer means every weekend has something to celebrate.
With the Canada Day long-weekend approaching, The Chamber is celebrating our New to Canada Program. Read more about this initiative in our BizNews story below. Today's issue also includes Member News about how Rifflandia and the City of Victoria are hosting a big Canada Day celebration. Leading up to July 1, you can enjoy JazzFest, courtesy of the Victoria Jazz Society. "Let's support our local businesses, whether that's going out on the town, enjoying a community event or spending time with family and friends at the beach or a backyard barbecue," Chamber CEO Bruce Williams said. Happy Canada Day Victoria! The Chamber will be closed on Monday, July 1st. Your next online purchase, ride share, meal delivery, or vacation could soon cost even more if the Digital Service Tax is implemented.
That's the message from the Canadian Chamber as it lobbies the federal government to not pass the DST without significant changes. The proposal will tax revenue earned by large foreign and domestic businesses on online services, including marketplaces, advertising, and social media — but its effects will be felt by consumers in the form of higher prices for products and services that rely on digital platforms. "For example, your online purchases, takeout after a long work week, or your long weekend cottage rental could cost more starting in 2024," the Canadian Chamber said. "And the warning isn’t without foundation — France’s DST caused an estimated 2-3% price increase in services for consumers." If the DST is passed, it will take effect later this year. However, because it is a retroactive tax, it will apply to revenue earned by businesses in 2022 and 2023 as well. "That’s like having the CRA send you a letter telling you to review your last two years of tax filings and pay more now for a tax that didn’t exist back then," the Canadian Chamber said. A new Chamber initiative that will formally launch in August is already helping make Greater Victoria a great community.
The New to Canada Program aims to empower newcomer business owners in our region. To qualify, business owners must hold a valid business license and have been in Canada for three or less years. Black Press recently reached out to The Chamber to ask about the program and interview one of the first participants. Alejandra Chacon Gallardo is from Mexico and founded Regenerative Futures Consulting Corp. in Greater Victoria because she believes Canada is at the forefront of climate action leadership. Gallardo connected with The Chamber, and recognized the value of being a member. “If there is a possibility of helping you, (The Chamber) will be there,” Gallardo told Black Press. “It’s nice that they are building community.” The New to Canada program includes two years of membership with The Chamber and is designed to help newcomers successfully integrate into the business community in Greater Victoria. This program is funded through sponsorship from Air Canada, the Victoria Airport Authority, the Victoria Foundation, and Western Design + Build. "Currently, we are making a few more connections to prepare for a promotional campaign to raise wider awareness of the program," Chamber CEO Bruce Williams said. "Watch for our official launch and more coverage in August." You can expect fireworks, or at least fiery orators, if you're lucky enough to reserve a seat at The Chamber's Election Leaders Luncheons coming up in June.
Kevin Falcon, leader of BC United and leader of the Official Opposition, started the year as the top challenger to the current BC NDP government. However, Falcon's party has fallen in the polls and now trails the Conservative Party of BC, led by John Rustad. "Polls are not the same as election results, so we need to be careful putting the cart before the horse," Chamber CEO Bruce Williams said. "But I know Chamber members are looking forward to hearing directly from these two leaders, and their strategies for attracting voters in the October election." Check out some recent headlines from the campaign trail: The Chamber is working to engage with members and our partner organizations to make sure the voice of business is heard on proposals that will impact traffic in downtown Victoria.
The City of Victoria is looking at extending dedicated bus lanes along Douglas Street, potentially reworking the busy corridor to focus on transit. The idea would take more than a year of study before returning to council. Chamber CEO Bruce Williams told the Times Colonist that making transit more convenient is a good thing. Giving commuters an option other than single occupancy vehicles will help with congestion and emissions. However, changing downtown streetscapes will require consultation with businesses that could be impacted by changes to traffic patterns and potential loss of parking spaces. "We don't want to deter people from going downtown to shop, enjoy a meal or have some fun in the city," Williams said, noting that any transportation plan for the city needs to consider how convenient it is for people travelling from neighbourhoods outside downtown Victoria. One proposal — also in the early stages — is to look at developing a new parkade near north Douglas to allow people to park close to downtown and then walk into the compact central core. If you haven't yet taken the Vital Signs survey, you have until May 31 to contribute to the Victoria Foundation's annual community check-up.
This is the 19th year that the survey has asked people for their take on key issues that affect quality of life in our region. Topics include housing, living standards, health and wellness, arts and culture and more. Taking the survey also gives you a chance to win a $100 gift card to Country Grocer. The short form of the survey takes about 10 minutes to complete, and the long form takes 20 minutes in total. There's still plenty of room for diehard fans as well as those new to the bandwagon.
The Vancouver Canucks Stanley Cup playoff run has been a pleasant experience for many of the province's pubs and restaurants. In Greater Victoria, a number of Chamber members are supporting fans by showing games on their big screens. The Victoria Royals also announced that they will be opening Save-on-Foods Memorial Centre for a ticketed event allowing fans to watch the Canucks together. "It's hard to not get caught up in the excitement, even for folks who might not be the biggest hockey fans," Chamber CEO Bruce Williams said. "The atmosphere at local establishments is fun and festive. Let's hope the Canucks can keep it going all the way to the finals this year." BC's Minister of Tourism, Arts, Culture and Sport said the Canucks' run is especially helpful at creating business during the weekdays. Minister Lana Popham, MLA for Saanich South, told CFAX that having the province's home team in the playoffs is good for the economy while also boosting the spirits of their fans. The Canucks are currently in the second round of the Stanley Cup playoffs. Their series against the Edmonton Oilers is tied at two wins each, with games set for Thursday, Saturday and Monday (if needed). The 2024 Greater Victoria Business Awards were presented Tuesday, May 7, in front of an audience of 400 at the Lecture Theatre in the Victoria Conference Centre.
“It was an exhilarating celebration, and an exciting opportunity to shine the spotlight on Greater Victoria’s business community,” said Chamber CEO Bruce Williams. “When we showcase the finalists, there is always so much emotion in the room. I encourage everyone to check out their inspiring videos, which are available on our website and our social media channels.” The recipients distinguished themselves across 14 Business Award categories, including outstanding customer service, sustainable business practices, emerging businessperson and innovation. An independent panel of prominent business leaders chose the finalists from a wide range of entries. It's not everyday that your breakfast conversation includes a candid discussion with BC's Premier about the major challenges facing business in Greater Victoria.
That was the experience yesterday for 300 people at the Victoria Conference Centre as they were able to nourish their bodies while feeding their minds. After speaking about the government's plans to support the private sector and grow BC's economy, Premier David Eby engaged in a lively discussion with Chamber CEO Bruce Williams about topics submitted by Chamber members. Community safety is top of mind for many people, and the Premier acknowledged the province is trying to find a solution for challenges facing governments around the world. The recent move to ban drug use in public spaces is an example of how government reversed course on a policy that wasn't working as intended. The long-term solution is complex, with Eby noting that a continuum of care is required for people experiencing homelessness rooted in mental health or addiction. Other topics included the province's plan to avoid disruptions to ferry sailings this summer — something that happened with alarming frequency last year — and how the province can reduce obstacles for builders so that they can increase housing supply. "The morning flew by and we could have easily kept talking all day," Chamber CEO Bruce Williams said. "I'm grateful for the Premier's time and for everyone who chose to enjoy breakfast with us. We'll keep the dialogue going between business and government and work together to find innovative solutions to the challenges facing our community." It's an election year in BC and The Chamber is working to provide opportunities for the province's main political parties to speak with the Greater Victoria business community. On Tuesday, Premier David Eby, leader of the BC NDP, spoke at a breakfast hosted by The Chamber for 300 community leaders.
On June 6, The Chamber hosts the leader of the Official Opposition, Kevin Falcon. Details about the event will be available soon. Falcon leads the BC United Party, which was formerly known as the BC Liberal Party though they represented the conservative side of the political spectrum. "The Chamber is non-partisan but we have a long history of supporting democracy," Chamber CEO Bruce Williams said. "We know BC politics can seem divisive and even confusing, but we believe hearing directly from those who seek to represent us is the best way to help voters understand what candidates stand for." Watch for more details about upcoming events ahead of the provincial election in October. This month, The Chamber's Inclusion, Diversity and Equity Advancement (IDEA) Committee heard from Lifetime Networks, which supports 350 individuals with intellectual disabilities and their families.
Typically, people with intellectual disabilities often have many paid individuals in their lives, including doctors, therapists, specialists and support workers. Sadly, there are often a lack of friends. Making friends can be challenging for everyone. The challenge increases with the addition of barriers such as mobility issues, communication issues, physical differences—in fact, any perceived differences. One of the services Lifetime Networks offers is the facilitation of friendships. Friendships are integral to leading to a rich and rewarding life. The Chamber invites all members to support the work of Lifetime Networks to "friend raise" and continue making a difference in the lives of many. More spending and more taxes have many business groups concerned about the future after the federal government released its ambitious 2024 Budget yesterday.
"Canada must end the cycle of tax and spend politics," Canadian Chamber of Commerce Senior Director of Fiscal and Financial Services Policy Jessica Brandon-Jepp said. "Fueling economic growth is the key to improving quality of life and affordability for Canadians." The national chamber network opposes any measure that increases costs for businesses currently experiencing economic headwinds. We also will work with our members to understand how the increase to capital gains tax will impact business. "(The) budget contains few surprises. Most of the major new spending was announced by the government over the last few weeks, and the government’s projections for the deficit are largely in line with previous predictions," Canadian Chamber CEO Perrin Beatty said. "Our lagging productivity and stalled GDP growth means Canadians are becoming collectively poorer and working harder to just remain where they are today." New taxes will cover about $18 billion with about $57 billion in added spending:
Another successful AGM is nothing new for your 161-year-old Chamber, but the expert panel convened for yesterday's meeting could not have been more topical.
"Safe communities is a long-standing advocacy priority for us, and we know there is no simple solution," Chamber CEO Bruce Williams said. "A true fix requires a collaborative approach, though as we learned yesterday there are things we can do to improve symptoms while we work on more permanent solutions." After a series of reports of violent incidents in media, Chamber members had many questions about policing, mental health support and housing services. The need for more homes for all income levels is clear, as is a requirement for adequate health care and addiction treatment professionals. Those solutions will take time, even as the political will grows to invest in foundational change. While mistakes have been made, including in the early days of the pandemic when screening for supporting housing wasn't as closely monitored as it is now, progress is being made. The Chamber is working on policy issues such as legal reforms to keep repeat offenders off the street, and police are partnering with health authorities to enforce laws while assisting people in distress. "We can't ignore these issues facing the business community, but we also have a responsibility to not sensationalize them," Williams said. "Going Downtown is safe and our region really is one of the best cities in the world. That said, as with any city, if you don't feel safe, stay away from the few spots that are troubled, stay informed about what governments are doing and let's all be part of positive change." The national network of Chambers of Commerce has big shoes to fill, after current CEO Perrin Beatty announced he is stepping down from the Canadian Chamber on Aug. 31.
Beatty's leadership during the pandemic provided critical support for business by advising governments. This led to a fundamental shift in the Canadian Chamber’s mandate and structure. “Not only have we added new tools and services for Canadian businesses and chambers and boards of trade across the country, but we have grown substantially, doubling our revenues over just the last four years,” said Beatty, who is the longest serving leader in the national organizations 99-year history. “Along the way, we have modernized our governance structure, built a skilled and respected team, strengthened our grassroots network of chambers and boards of trade and provided a strong and influential voice for Canada’s business community.” Greater Victoria Chamber of Commerce CEO Bruce Williams worked with Beatty on several initiatives over the past four years. "Perrin is a master communicator and connector, and I'm grateful for having the chance to learn from him," Williams said. "He recognized that growing the national chamber required listening to and supporting regional chambers such as the Greater Victoria Chamber of Commerce. The symbiotic relationship we built has made our organizations more resilient than ever." Chamber members have an opportunity for a seat at the table with BC's Premier as The Chamber hosts the Hon. David Eby on April 30 for a breakfast and discussion about business in BC.
"We know our members have many questions for the Premier during this electing year, and I'm grateful for this opportunity to get answers and learn more about the government's plans to help the private sector strengthen our economy," Chamber CEO Bruce Williams said. The MLA for Vancouver-Point Grey became leader of the BC NDP in October 2022 and BC Premier in November 2022. Before he was elected, Eby was the Executive Director of the BC Civil Liberties Association, an adjunct professor of law at the University of British Columbia, and president of the HIV/AIDS Legal Network. He also served on the Vancouver Foundation's Health and Social Development Committee. Chamber events are always popular so reserve your spot now to ensure you have a seat at the table. Leading to Election: Breakfast with Premier Eby
Payroll tax change welcomed, though questions remain about province’s fiscal path: Budget 20242/28/2024
Businesses with payrolls of up to $1 million will now qualify for an exemption from the Employer Health Tax, B.C. Finance Minister Katrine Conroy announced last Thursday during the unveiling of the 2024 provincial budget.
“Increasing the EHT exemption is welcome news for business. The experience in other provinces has shown we can expect an increase in productivity as employers have more room to increase wages and promote staff,” said Bruce Williams, CEO of the Greater Victoria Chamber of Commerce, noting The Chamber has been calling for the change since the new tax was introduced in Budget 2018. Minister Conroy joined Chamber members the day after budget day to answer questions and highlight initiatives such as a new tax to deter home buyers from quickly reselling their properties, and a promise to cover the cost of one cycle of invitro-fertilization. Asked about efforts to improve public safety, Conroy noted the province has increased investment in mental health and addiction treatment programs. Business leaders were also concerned about rising debt with the budget including a record deficit. The Chamber has kept a watchful eye on the promise of better governance from fewer governments in our region. We're pleased to see the City of Victoria and the District of Saanich have taken the next step to explore the pros and cons of merging municipalities. A Toronto-based agency has been hired to create a Citizens' Assembly, and has launched a new website at victoriasaanich.ca. The website highlights the following steps:
![]() Next week, Chamber members will be among the first to learn about the 2024 provincial budget and hear directly from BC's Finance Minister. The Speech from the Throne is set for Feb. 20, followed by Budget Day on Feb. 22 and the Finance Minister lunch with the Greater Victoria Chamber of Commerce on Feb. 23, sponsored by Coastal Community Credit Union. "As the oldest Chamber in Western Canada, we have a long tradition of connecting government with the private sector," Chamber CEO Bruce Williams said. "That includes the tradition of being the first chamber to host the finance minister after the provincial budget is unveiled. We're thrilled Minister Conroy will join us, once again, and I look forward to seeing many of our members at the Hotel Grand Pacific." Cyber-security will only become more important to businesses as economic activity shifts online. Even traditional storefronts embraced digital sales during pandemic lockdowns, and many are continuing or expanding their services to meet consumer expectations. With that shift, The Chamber recognizes that cyber-security is fundamental to our advocacy for safe communities. On Monday, our national chamber network addressed the House of Commons Standing Committee on Public Safety and National Security to speak to Bill C-26. Canadian Chamber senior director Ulrike Bahr-Gedalia said more than 98% of Canadian businesses are small- or medium-sized enterprises, and need greater awareness and protection from cyber-security threats. She advocated for a prevention-first approach, calling for clear rules to ensure incidents are reported appropriately as well as better communication by the government so businesses can prevent incidents before they happen. Understanding economic trends is invaluable to helping businesses plan for the future. The Chamber relies on a number of sources for information and analysis, including our national network.
On Tuesday, Canadian Chamber Chief Economist Stephen Tapp provided members of The Chamber's Public Policy and Advocacy Committee with his insights. "We're fortunate to have access to a deep pool of experts who help us make effective use of our advocacy efforts," Chamber CEO Bruce Williams said. "The Greater Victoria Chamber of Commerce has a long history as Western Canada's first chamber and we continue to play an active role with the Canadian Chamber." Tapp spoke about the state of the economy and expectations for interest rate cuts, using the latest numbers from the Business Data Lab. Click the image to view Tapp's presentation. For information on joining a Chamber committee, go to victoriachamber.ca/committees for contact info. Canada is a trading nation, and many businesses in Greater Victoria provide goods and services to an international customer base. Building connections across borders is vital to helping business operate as smoothly as possible.
On Monday, the Chamber welcomed Vancouver-based US Consulate General Jim DeHart to Victoria. "I've spoken with Mr. DeHart during trade missions in the past and he's always expressed an interest in learning more about Greater Victoria and Vancouver Island," Chamber CEO Bruce WIlliams said. "I'm glad we were able to host him for a roundtable with some of our region's business leaders for a discussion on trade and cross-border relations." Topics covered an array of interests, including labour force mobility, credential recognition and ongoing efforts to streamline regulations. |
Categories
All
|