JANUARY 2020
DIGITAL MARKETING Communication is critical for business growth
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Robinson’s Outdoor Store Co-Owner Named Young Entrepreneur Of The Year
BY MARK MACDONALD
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BUSINESS EXAMINER
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VANCOUVER ISLAND Nimmo Bay Wilderness Resort wins 202 Family Business Excellence Award
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INDEX News Update 2 West Shore 4 Saanich Peninsula 4 Greater Victoria 6 Citified 11 Who is Suing Whom 14 Movers and Shakers 15 Opinion 18 Construction 19 Contact us: 1-866-758-2684
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Erin Boggs, left, with longtime Robinson’s Outdoor Store customer Mike Knipple
IC T OR I A – A fou r t h generation downtown business owner will be honoured as the Young Entrep re n e u r of t h e Ye a r b y t h e Family Business Association on February 12. E r i n B og g s o f Robi n son’s Outdoor Store signed succession documents to become an ow ner, i n pa r tnersh ip w ith long-time employee Matt King in 2017, as part of a five-year pla n to ta ke over from her m o t h e r, G a y l e R o b i n s o n , who took over in 2005 when the store was on the verge of closing. “It’s pretty awesome,” says Boggs, 30. “I’m really thrilled t h a t I w a s c h o s e n fo r t h i s awa rd, a s it’s a sig n i f ic a nt honour” says Boggs, 30. B og gs i s plea sed w it h t he succession plan, as while she takes over the reins, she can a sk quest ion s of Gayle a nd other team members. It’s more
than a job, as the store represents 90 years of the Robinson family’s history. “My Mom is still an operating owner, but she’s passing on the leadership to myself and Matt. We still collaborate on a lot of decisions,” she notes, adding Gayle is paring down her workload, as part of the succession plan. “ It’s s lowly b ei n g pa sse d down, so it’s not been overwhelming. It’s really beneficial for all parties for a number of reasons, and I’m happy with how we’ve structured that. It’s a real learning opportunity and it’s great to have a parent as part-owner and mentor.” King is the first non-family member to be a co-owner of the company. “Matt bu ilt the f ly fish ing shop a nd has worked i n the store for 22 years. He’s earned this position, is our resident expert, and has created a huge following for the store. It’s nice SEE ROBINSON’S OUTDOOR | PAGE 9
Finalists Announced for Business Excellence Awards January 30 Grant Thornton LLP BE Awards Gala Set For Westin Bear Mountain Resort
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ICTORIA – Adjudication for the 20th Annual Grant Thornton LLP Vancouver Island Business Excellence Awards has started, as they pore over nomination information from businesses across the island for the annual celebration
of the best of the best in Island business. “2019 has been good year for business on Vancouver Island,” notes Mark MacDonald of Business Examiner, which coordinates the event, set for January 30 at the Westin Bear Mountain
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NEWS UPDATE
VICTORIA Mixed Use Development Proposed for Downtown Starlight Developments is proposing a major downtown Victoria mixed-use development that would include more than 1-million square feet of residential space. The Toronto-based developer has bought out the properties on the 900 and 1000 blocks of Yates Street over the past few years. These properties are currently occupied by the Harris Green Plaza which includes tenants like London Drugs, Bin 4 Burger and more. The developer has proposed three new bu i ld i ngs for the a rea a nd a n intermittent green space. A building at 1045 Yates Street, now home to the Harris Victoria Chrysler Dodge Jeep Ram car lot, would be replaced by a 17-storey building with a 15-storey podium. Two additional buildings are proposed for the 900 Yates Street address, presently occupied by London Drugs, which would include 25- and 22-storeys respectively on a 19-storey podium. Combined, the buildings would create about 1.28-million square feet of residential space, equating between 1,200-1,500 units. The residential units will be 100 per cent rentals and will range from studio suites up to three-bedroom units. The ground floor will include 100,000 square feet of residential space and
between the two properties there will be a half acre of green space which would act as a village plaza. Starlight is planning on applying to the City of Victoria for a development permit and a rezoning permit this month.
VICTORIA 2020 Promises Record Conference Year Destination Greater Victoria and the City of Victoria have contracted their thirty-fifth city-wide conference at the Victoria Conference Centre (VCC) for 2020. This marks more than the 29 citywide conferences hosted at the VCC in 2019 and could increase as the year progresses. The thirty-five city-wide conferences is a record number for the city and is expected to create an estimated economic output of over $47 million in Greater Victoria. “Con ference busi ness is critica l to the year-round viability of small business in Greater Victoria” said Paul Nursey, CEO of Destination Greater Victoria. “Conference delegates are the highest spending segment of out of town visitor. These are the type of visitors all destinations desire and we couldn’t be happier to see meetings planners from across Canada and the US choose Greater Victoria for their next conference.” “The work that City of Victoria staff and Destination Greater Victoria do to
JANUARY 2020
attract this business to our community makes a tremendous impact” said Lisa Helps, Mayor of Victoria. “Not only do these conferences support growing sectors such as ocean and marine and high tech, but they are vital to high value jobs and growing our local economy.” In addition to the 35 city-wide conferences contracted for 2020, there are also 32 additional smaller conferences that include hotel room blocks contracted for the VCC in 2020. The total number of “delegate days” – a measure of the total number of days delegates attend conferences – is expected to exceed 122,000 in 2020. This would be up from 118,000 in 2019.
VICTORIA Real Estate Market Remains Flat Through Year End A total of 402 properties sold in the Victoria Real Estate Board region in December, 7.2 per cent more than the 375 properties sold December last year and a 30.3 per cent decrease from the previous month. Sales of condominiums were up 17.5 per cent from December 2018 with 121 units sold, meanwhile sales of single-family homes increased 13.8 per cent from December 2018 with 198 sold. A grand total of 7,255 properties sold over the course of 2019, 1.47 percent more than the 7,150 that sold in 2018. 2019 sales came in at slightly under the ten-year average of 7,413 properties sold. “Overall, our market throughout 2019 can be characterized as still active, slow to grow and low in supply,” says 2019 Victoria Real Estate Board President Cheryl Woolley. “Last year we saw many prospective buyers sit on the sidelines waiting for inventory to be added. As a result of this unmet demand, there was and continues to be a push from consumers to create townhomes and condos at accessible price points. We began 2019 discussing the potential impact of various taxes and lending rules introduced by the federal and provincial governments that were designed to calm housing market activity - although this activity had already begun to slow following our hyper-active market in 2016/17. The most impactful government change we saw was the tighter mortgage lending rules, which lowered consumer borrowing power and made many unable to qualify for the value of mortgages they had in the past, therefore compressing more demand into our midand lower-priced property market.” There were 1,952 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of December 2019, a decrease of 18.6 per cent compared to the month of November and a 1.8 per cent decrease from the 1,988 active listings for sale at the end of December 2018. The Multiple Listing Service Home Price Index benchmark value for a single-family home in the Victoria Core in December 2018 was $860,400. The benchmark value for the same home in December 2019 decreased by 0.6 per cent to $855,000, slightly less than
November’s value of $855,400. The MLS HPI benchmark value for a condominium in the Victoria Core area in December. 2018 was $503,000, while the benchmark value for the same condominium in December 2019 increased by 3.5 per cent to $520,700, slightly more than the November value of $517,000.
VANCOUVER ISLAND Island Class Ferries Reach Panama Two of BC Ferries’ new hybrid-electric ships recently cleared the Panama Canal on their journey to Victoria to prepare for service. The two new ships left Constanta, Romania on November 20 aboard a semi-submersible vessel and are expected to arrive in Victoria early this month. BC Ferries will assume ownership following a final inspection at Point Hope Maritime in Victoria. The vessels are designed to be fully electric one there is sufficient charging capability to supply the vessels with power. In the meantime, the ships are equipped with an electric-hybrid system that uses low-sulphur diesel fuel. These two ferries will service the Port McNeill – Alert Bay – Sointula and the Powell River – Texada route by the middle of 2020. The crown corp. announced in November that it had awarded a contract for Damen Shipyards Group of the Netherlands to build four more Island Class vessels. These additional ships will service the Nanaimo Harbour – Gabriola Island and Campbell River – Quadra Island route by 2022. Island Class ferries are capable of carrying 47 vehicles and up to 450 passengers and crew, depending on the configuration.
LANGFORD Westin Bear Mountain Spa Reopens The Westin Bear Mountain Spa reopened its doors while undergoing renovations and a rebrand. Currently there are massages, hot stones, facials and some add on services available. W hile renovations continue, guest rooms will be used as private suites, meaning saunas, mineral baths and steamroll services are temporarily unavailable. Registered Massage Therapists (RMT) are available at the spa and open for bookings, though health insurance will not cover these expenses at this point. The renovation comes after Sante Spa, the former tenant of the space, closed in November 2019 after the lease wasn’t renewed. Gift cards for Bear Mountain Resort can be redeemed, though Sante Spa cards will not be accepted. The spa is planning on opening its fully renovated space on February 14 th . In the meantime, services will be available on the second floor of the Westin Bear Mountain hotel, from 10 am to 4 pm, excluding holidays.
NEWS UPDATE
JANUARY 2020
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Anderson Greenplan Has Green Plan For Cedar Nine-Acre Cedar Property To Become Groundbreaking Self-Sustaining Green Neighbourhood BY MARK MACDONALD BUSINESS EXAMINER
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ANAIMO – Jack Anderson has another plan. And yes, it’s green. Except this one is different – it’s the biggest project the President of Anderson Greenplan has ever undertaken, as he plans on transforming a nine-acre site near Cedar’s Hemer Park into Austin Greens for Victoria-based owner Chad Thiessen. It will be one of Canada’s first self-sustaining green neighbourhoods, which will include over 40 dwellings and be home to about 90-100 people. Two pilot homes are expected to begin construction on the property this spring, to be completed by the summer. A nderson refers to T hiessen as the “green neighbourhood champion”. The two met last spring in the capital city after Anderson made an Earth Day presentation at a Creatively United For The Planet event. Thiessen introduced himself to Anderson by saying “You don’t know this yet, but we’re going to be good friends and we’re going to be building communities together.” Anderson responded by saying he knew the exact property for such a project, and Thiessen recalls “I came up, saw it, and realized it was a perfect pilot project property. Since then, we’ve been going full bore. It’s a great project, and we’re looking forward to doing many more.” A nderson says that Austi n Greens aims to offer long-term cost savings to residents in terms of water, heat, electrical, sewer and even food production. An Open House was held at the Cedar Community Hall last fall was greeted with enthusiastic response, as close to 100 people attended – including 40 who remained for a community brainstorming session. “The general feeling was excitement,” says Anderson. “I think many people are very sensitive to the challenges on our planet with respect to carbon footprints, and are receptive to seeing an alternative that is a lesser footprint on the land. “They’re almost craving a view of a more sustainable alternative. We have a piece of property that is mandated by the Electoral Area A’s Official Community Plan that requires the owner can’t build anything but a sustainable living project on it,” he says, adding they’re not anticipating difficulties in a rezoning application to change from Rural 4 (Model Sustainable Neighbourhood) to a Comprehensive Development Zone and Neighbourhood designation required for creating a model sustainable development. Anderson Greenplan draws on Anderson’s experience as a member of the City of Nanaimo’s Planning Department, and Regional District of Nanaimo’s Building Inspection and Planning Departments. He designed his first of over 600 residential commercial buildings – a passive solar home, in 1985. T he company integrates renewable energy, passive solar, rainwater harvesting and irrigation, greywater recovery, permaculture and other innovations into its work. Keene, Anderson’s eldest of three sons,
Anderson Greenplan President Jack Anderson is designing Austin Greens is part of the experienced team that includes Dale Stephens, Jason Koldewijn and Ralph Eisenkolb that assists clients with community planning, green neighbourhoods, custom homes, building design and community outreach. The Anderson Greenplan website includes a quote from Anderson describing what Anderson Greenplan, and the Cedar project, is aiming towards: “For the sake of our grandchildren’s future, starting today we could reach individual and neighbourhood self-reliance on this Island if we combined our divine gift of creativity and imagination with existing and emerging technologies to create resilient communities focused on meeting all our basic needs.” Thiessen says residents in the Cedar community can expect to experience the ABCD’s of Living Fully: A, for with Activities and Amenities for all Ages that encourage interactive living for all residents; B, for Benefits that Bolster Society by living life with purpose; C, for Connection to Community with social and lifelong learning support, and; D, for Diversity with all levels of education, economics, cultures and ability levels housed in suites of various sizes and finish qualities. “It will be self-sustaining, with no need for connection to external infrastructure, except for communications,” he states. Anderson notes the Cedar property was active from 2011-2014, but was shut down to the previous owner’s health. “We’ve just re-started it,” he says, adding some of the residences could be as small as 500 square feet – which would be attractive to first time buyers and seniors in terms of cost. “Sustainability has a triple bottom line: It needs to be environmental, it needs to be social, and it needs to be fiscal,” Anderson points out. “All of these need to be considered in balance, and if they’re not, it’s like a three-legged stool without one leg - it doesn’t work well.” Anderson says another goal of projects like Austin Greens is “resilience”,
particularly in light of changing climate conditions. “We have been targeting sustainability in terms of our ability for people to live comfortably on the land but not compromise the ability of future generations to live on that same land,” he says. “But resilience is the ability to withstand impacts to our lifestyle like the impacts of climate change. Part of what we need to consider in light of this is how do we make our homes more resilient in the future? Whether it be extreme rain, or winds. . .” Anderson believes another exciting aspect of Austin Greens is the possibility of using Just BioFiber engineered building blocks, which have provided outstanding results in a residence Anderson Greenplan designed recently in Sooke. With minimal external or internal assistance, the west-facing building on a cliff overlooking the Pacific Ocean maintains consistent 68 degree temperatures in both summer and winter. “Just BioFiber is an Alberta company that is made of industrial hemp that goes together like Lego. It is highly insulated, it is fire-proof, it is virtually soundproof, is non-toxic, and it breathes to allow moisture to go through the wall membrane,” he says. “It is actually carbon negative. The first house on the planet is in Sooke, which has been operational for over a year. Being carbon negatives mean that the building
will probably sequester about 10 tons of carbon dioxide during its lifetime, so it’s actually a climate change solution.” Industrial hemp is not to be confused with marijuana or cannabis. Although there is no THC in it, it has been used for years to produce CBD, hemp seeds, as a protein-rich cattle feed, and for industrial use. “The only part that had no use is what is being used in these blocks. They shred it and mix it with lime to create the blocks. We’re using the entire industrial hemp plant,” he says. Anderson believes there is great potential for growing industrial hemp on Vancouver Island, particularly in the immediate vicinity. 50 per cent of the land in the Regional District of Nanaimo’s Area A is in the Agricultural Land Reserve, but only 20 per cent of that is active agricultural land. “This could be put to use for industrial hemp, which can be used for multiple products, including these blocks,” Anderson states, adding he sees this as a significant regional employment opportunity for farmers and through building material production. “You would need 10,000 acres of industrial hemp within 100 miles of a factory to make it economically viable, which could produce enough blocks to build 30 houses a month.” www.futuresforward.org www.greenplan.ca
Thank you for an amazing 2019!
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WEST SHORE/SAANICH PENINSULA
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SAANICH PENINSULA DENNY WARNER
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n 2019, Macleans magazine ranked Canada’s best communities, and perhaps not surprisingly for those of us who live here (or those who choose to holiday here), the three municipalities of the Saanich Peninsula rank in the top 50 of the 415 communities they compared. In fact, two of the three ranked in the top 30. The criteria they use is wealth and economy, affordability, demographics, taxes, commute, crime, weather, health, amenities and culture and community. Their ranking found the “...best spots to live are communities with rural charm and access to urban jobs.” Many of the truly rural communities are struggling with a lack of job growth and access to health
care and other amenities. While we definitely have issues around affordability and transportation, we are not prone to experience periods of volatility. We are blessed to live in a region with an incredibly diversified economy. A small list of the thriving sectors includes agri-business, the marine industry, air transportation suppliers and support services for the airport, advanced manufacturing, a charming retail zone in Sidney, a plethora of service businesses, and the tourism power-house, Butchart Gardens, which attracts more than a million visitors a year to this area. Two other critical areas that impact diversity in an economy are the level of education attained by the population (yes that’s high here too) and the level of affluence (also high). The more people are paid, the greater their demand for services. Add to the above, the scenic beauty and it seems likely we will remain at the top of the list of best places to live for the foreseeable future. But we don’t toot our horn too loudly because we are modest Canadians who are somewhat averse to change. Denny Warner is the Executive Director at the Saanich Peninsula Chamber of Commerce.
WHAT THE SURVEY SAYS: DOING BUSINESS IN BC IN 2019-20
WEST SHORE JULIE LAWLOR
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s January rolls around each year, there is an opportunity to review the year that has passed and plan for the year ahead. For BC businesses, this can include the 2019/20 Collective Perspective Survey Report released by the BC Chamber of Commerce in December. This report is based on an online survey which took place between October 8th to November 4th and was completed by 1,555 business leaders from across the province. This is a significant jump on the 2018/19 survey, which was completed by 883 people. The good news is that individual business optimism has remained reasonably steady year over year. However, this optimism is based on the fact that business leaders believe that they and their team
members can do what they need to do in order to grow and support their businesses. The bad news is that confidence in the BC economy has declined in 49 per cent of businesses since 2017 and has stayed at around the same levels in 2018 and 2019. “BC businesses have less confidence in the Canadian and Global economy. Trade headwinds with the United States and China lead as the drivers of global concern this year – old, reliable trade partners and new potential partners are both destabilizing the global order. As a small open economy, BC is feeling that the world is less settled and less predictable.” Over half of those surveyed still favour trade with China but are cautious given China’s approach to Canada and Canadian business over the last year. It will also come as no surprise to any business owner on southern Vancouver Island that “labour availability is a huge issue – led by the shortage in housing for workers. As a result of labour challenges, BC business owners are making personal sacrifices to preserve their businesses – with 56 per cent saying they are working longer hours before cutting output, laying off staff, reducing wages/benefits. Twenty-five
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percent of businesses report that labour shortages have affected their profitability.” Cost of labour and availability of workers are a key factor in business owners continuing to find that the cost of doing business in BC is unreasonably high. Business owners see climate change as both a challenge and an opportunity and are largely supportive of incentives government could offer to help combat climate change. 73 per cent of those surveyed support “incentives to switch to cleaner energy” while a further 22 per cent would be willing to accept such an incentive. There was also more than 60 per cent support for “subsidies for retrofits,” “e-vehicle infrastructure” and “incentives to use e-vehicles.” Interestingly, there was 26 per cent opposition for this last option while opposition for the other three options was only in single digits. We live in interesting times! You can learn more by going to bcchamber.org Julie Lawlor is the Executive Director at the WestShore Chamber of Commerce. You can reach her at jlawlor@ westshore.bc.ca
DIGITAL MARKETING
JANUARY 2020
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COMMUNICATION CRITICAL FOR GROWTH The main difference between traditional marketing methods and content marketing tactics is how each strategy
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affects the buying cycle for consumers
JOHN MACDONALD
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veryone – businesses inc lu d e d – l i k e to t h i n k they’re special. That they have a unique product or service that sets them apart, and some people just “don’t get it”. While that may be true in some cases, the reality is that there is often a gap between their ability to talk to people outside of their business about what really sets them apart. Plumbers, electricians, construction companies, boutique professional service firms, and others each have specialized education and experience that makes them an expert in their fields. But these organizations don’t always have the ability to take that specialized education and simplify it for customers who need, or don’t know they need those services. If you are not taking a proactive
Content marketing can lead someone to recognize a problem or need in their business that they would have otherwise been unaware of approach to simplifying your communication, you could be missing out on attracting new customers. Content marketing involves the creation and distribution of relevant content that provides value to your business’s target audience. T his content can be shared with prospective clients in many forms: stories and advertorials, blog posts, white papers, case studies, how-to guides, etc. The main purpose of content marketing is to offer consumers value by presenting a solution to their
needs, influencing the buying cycle. The main difference between traditional marketing methods and content marketing tactics is how each strategy affects the buying cycle for consumers. Content marketing, or pull tactics, aim to increase consumer awareness and provide helpful information about the product or service your business offers as a solution. T he benefit of content marketing is that it may lead consumers to recognize a problem or need in their lives that they would have otherwise been
unaware of. This will draw them into your business when they are ready to buy, rather than knocking on doors or cold calling to try and convince someone to buy something from you now. Publishing valuable content will lead consumers to discover your business and product offerings as they search for solutions to the problem they are facing. By making content available to consumers, your business will communicate an awareness of consumer needs, humanizing your brand with a personality that is friendly and helpful, as well as creating the opportunity for customers to form a relationship with you. Content that is relevant to the needs of consumers and offers them a valuable solution establishes your business as a thought
leader in your industry, which helps build a trusting relationship with consumers. Attaining this level of credibility will lead consumers to prefer your goods and services over alternative solutions, since they are aware of the unique value proposition offered by your business: that you are the knowledgeable experts in your field. If the content your business releases is designed to be a mix of time-sensitive and evergreen pieces, your business’s content library will still be relevant to consumers as time passes. Hightraffic content will also improve search engine rankings, and the consistent release of content can serve as a continuous source of interested consumers. Content marketing is an effective strategy to interact with consumers and introduce them to your business’s brand. By providing consumers with value before they even visit your store, you are building positive relationships and connections to your brand, resulting in long-lasting customer loyalty and brand equity for your business. John MacDonald is the Director of Business Development with the Business Examiner News Group. Call him at 604.751.0819, or email BEDigital@businessexaminer.ca.
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JANUARY 2020
CHAMBER BOARD STANDS UP FOR BUSINESS CHAMBER EVENTS
GREATER VICTORIA CATHERINE HOLT
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t’s a new year, which means new leadership for the Greater Victoria Chamber of Commerce. John Wilson, a promi nent b u s i ne ss p erson a nd com mu n ity supporter, takes on the role of Board Chair in 2020. He’s the latest in a long line of Chamber leaders that goes back all the way to 1863. It’s a huge job, but we’re tremendously fortunate to have John guiding the ship. As owner and CEO of Wilson’s Group of Companies, John’s businesses help create the fabric of our community. If you’ve taken a shuttle to the airport, a bus to the ferry or attended a HarbourCats, Peninsula Panthers or Victoria Grizzlies game, you’ve experienced one of John’s companies. Everything John does is devoted to his community. It’s reflected in his approach to business. He’s always quick to remind us that “family is life, and work is income.” It’s an approach that works because it resonates with his staff, his customers and everyone he comes in contact with. To have someone like that serving as chair of The Chamber’s Board of Directors is a blessing for our organization and for the 1,400 members we represent. Joi n i ng Joh n as the board’s executive members are: Vice-Chair Kris Wi rk, Pa r t ner, Dusa nj and Wirk; Pa st Chair Dan Dagg, President and CEO of Hothouse Marketing; Secretary Christina Clarke, CEO, Songhees Development Corp; and T reasu rer Moira Hauk, Regional Manager South Island, Coastal Community Credit Union. O t her cha nges to ou r Board for 2020 include the addition of Judith Ethier,
• Thursday, January 23 Busi ness M i xer w it h D e s t i n at ion G re ater Victoria 4:30 to 6:30 pm @ Max Furniture – New Location (3460 Quadra St.)
• Wednesday, February 19 Chamber Week: Member Networking Breakfast 7:30 – 9 am Sandman Hotel Victoria (2852 Douglas St.)
• Tuesday, January 28 B u s i n e s s L e a d e r ’s Luncheon: BC Housing CEO Shayne Ramsay 11:30 am to 1 pm @ Union Club of B.C. (805 Gordon St.)
• Thursday, February 20 Business Mixer 5 to 7 pm - Inn at Laurel Point (680 Montreal St.)
• Thursday, February 13 Prodigy Group Mingle 5 to 7 pm - IMfit (205 – 733 Johnson St.)
• Wednesday, March 4 B u s i n e s s L e a d e r ’s Luncheon: ICBC Chair Joy MacPhail 11:30 am to 1 pm - Delta Victoria Ocean Pointe Resort (100 Harbour Rd.)
We have an ambitious plan for 2020, and with the experience and expertise on our board, I’m excited about taking on the many challenges facing our community
C h i e f A d m i n i s t ra t i v e Officer, Greater Victoria Harbour Authority; Tom Plu m b, P re s i d e n t a n d CEO, Kinetic Construction; and Rose Arsenault, Branch Manager, Agilus Work Solutions. A nd ret u r n i ng to t he board are directors Ian Batey, Owner and Principa l, IPB Consu lti ng; Carmen Charette, Vice President External Relations, University of Victoria; Pedro Marquez, Vice President of Global Advancement and Business Development, Royal Roads University; Capt. (N) Sam Sader, Base Commander, CFB Esquimalt; and Paul van Koll, Senior Manager, KPMG. Brianna Green, Marketing Specialist with Wilson’s Group, gets a seat at the table as a non-voting member as she is the new cha i r of the Prodi g y Group, a Ch a mb er committee. As CEO of The Chamber, I also am part of the Board of Directors. We have an ambitious plan for 2020, and with
the experience and expertise on our board, I’m excited about taking on the many challenges facing ou r com mu n ity. Fi nding and keeping workers continues to be the No. 1 priority for employers, a nd T h e Ch a m b er h a s called for accessible housing, transportation and child care that will allow more workers to afford to live in our region. We also will continue to advocate for safe communities. We need adequately resourced policing and enforcement of rules that maintain social cohesion, because we must feel safe at home and at work. You can learn more about the Chamber’s 2020 advocacy priorities at victorichamber.ca. And make sure to join us at one of our many mixers, mingles and business leaders’ luncheon s, where we tack le the big issues facing our region. Catherine Holt is CEO of the Greater Victoria Chamber of Commerce
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JANUARY 2020
Family Business Association Vancouver Island Names Awards Recipients
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ICTORIA – Trevor McCall, President of Family B u si ne s s A s so ci at ion (FBA) of Vancouver Island, announced that Nimmo Bay Wilderness Resort is the recipient the 2020 Family Business Excellence (FBE) Award. Finalist for the award is 49th Parallel Grocery from Ladysmith. Erin Boggs, Owner, Robinson’s Outdoor Store is the recipient of the 2020 Family Business Young Entrepreneur Award. Nimmo Bay has always been a family business. Craig and Deborah Murray realized their vision 40 years ago and their children, Fraser, Clifton and Georgia, have all been involved in the operation and development of Nimmo Bay over the years. Initially starting as an ocean fishing lodge, the first guests arrived in 1981. Helicopter Fishing was added to
its offerings in 1983 which saw Nimmo Bay grow in reputation for the following two decades, particularly in the USA market. In 2011, Fraser Murray took over operations with his partner Becky and together they have reformed Nimmo Bay to fit the current traveller market. Over time, they started adding new programs while also rebuilding and renovating the resort. Today, revenues have increased by a multiple of 7 and the team has grown from 12 to 60 employees. While personal hospitality still remains at the heart of the operation, itineraries now include extraordinary wilderness and wildlife adventures, wellness offerings, corporate leadership retreats, culinary experiences, and more, as the team welcomes guests from across the globe. The 49th is your local grocer.
They began in Ladysmith in the 1940’s as a coffee shop in the front of a couple’s home, later evolving into a food service and supply store. The business of six employees, was purchased in 1977 by Wayne and Harmina Richmond. It has grown from an initial 2,000 square foot store to five locations ranging from 5,000-22,000 square feet and 275 employees, serving the communities of Ladysmith, Chemainus, Cedar and Duncan. They have now started the transfer of control of the operating companies to Peter and Kathy Richmond, the second generation. Robi n son’s O utdoor Store proudly bears the name of the family that started it more than 90 years ago. After stepping into leadership in 2005, when the store was on the edge of closing, Gayle Robinson was able to turn
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Becky Eert and Fraser Murray of Nimmo Bay Resort the store around by focusing on 3 key areas, hiking, adventure travel & fly fishing, regaining market share on the island and the lower mainland. In March 2017, Gayle’s Daughter, Erin Boggs, signed succession documents to become the 4th generation owner, in partnership with long-time employee, Matt King. They decided on a 5-year plan, and with the help and mentorship of Erin’s Family Business Advisory Team, her confidence, knowledge and ability grew. Today, at the age of 30, she is extremely grateful for the opportunity to carry the business forward while still taking the time to be involved in multiple volunteer initiatives. The awards will be presented at a gala ceremony at the Union Club of BC, Victoria, on February 12th and are given annually by FBA to recognize youth leadership and to celebrate and promote achievements of Vancouver Island family businesses and the considerable contributions they make to their local communities. To purcha se t ickets, v i sit: familybusinessassociationvi.ca. Past Family Business Award (FBE) recipients include: Proline Management; DriveWise BC; Titan Boats; Tru Value Foods; Wilson’s Group of Companies; The Canada Homestay Network; Capital Iron; Country Grocer; McCall Gardens Funeral & Cremation Service; Pacific Sands Resort; Robinson’s Outdoor Store; Monk Office and Accent Inns. Past Young Entrepreneur recipients are: Daisy Klaibert, Beacon Hill Wealth Management and Andrew Wilson, Wilson’s Group of Companies.
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Robinson’s Outdoor Store Co-Owner Named Young Entrepreneur Of The Year “It’s not enough to just be
ROBINSON’S OUTDOOR CONTINUED FROM PAGE 1
to support each other as fourth generation owners, as it’s a big undertaking.” Today, Robinson’s Outdoor Store fo cu ses on t h re e key areas: Hiking, adventure travel and f ly fishing, with clients from all over Vancouver Island and the lower mainland. B og g s’ g re at g ra nd fat her started the store in 1929 selling bicycles and then adding hunting and fishing. Along the way, they’ve sold everything from baby st rol lers to bi kes a nd Robinson’s is now a premier adventure outfitter for exotic places like the Camino Trail i n Spa i n, the A n napu rna i n Nepal, the Inca Trail in Peru, African safaris, the Galapagos, Patagonia and, of course, Vancouver Island. Staff members are hired based on their experience, and love to share their firsthand knowledge of what customers can expect on their adventures. Despite the fact it is a family firm, Boggs says she actually didn’t “grow up in the business”, other than part-time summer work. A fter graduation she moved to Montreal for university, and when she returned to Victoria six years
part of the business. . .I want to help people and make a difference, and I can do that at Robinson’s. It feels great to know that what I do is making an impact on a personal and a corporate level.” Erin Boggs ago, she realized her education and values were best expressed in the family business and she started working full time in the store. Mea nwh i le, Gayle had restored Robinson’s to prominence, and spearheaded Think Local First, a downtown “buy local first” campaign that drew local stores together to remind residents of the value of purchasi ng goods a nd serv ices from compan ies who invest a nd re-i nvest profits i n the community. “My mother started T hink L o c a l F i rs t w it h 10 lo c a l
downtown businesses, including her competitor, the owner of Ocean River,” she recalls. “For dow ntow n to succeed, every business needs to thrive, a n d we wa nt to e n c o u ra ge people to shop local. We believe it’s not enough to just be in business, but it’s important to support other businesses as well.” N o t s u r p r i s i n g l y, B o g g s has continued that legacy of non-profit work by ser v i ng as Vice Chair of the Prodigy Group, a networking organization of young professiona ls u nder the ca nopy of the Greater Victoria Chamber of Commerce. She will be Chair next year. It’s also the “little extras” that have made a big difference for Robinson’s. For example, Erin created Film Nights that attract customers to the store to view films, sponsored by Patagon i a a nd Spinnaker Brewpub, which raise funds for g roups l i ke t he A ncient Forest Alliance and Raincoast Research Society. “T h is is someth i ng that is for the nex t generation a nd it’s all for a great cause,” she notes. ”It’s not on ly for the community, but also inspires ou r s t a f f, to k now t h at we care about issues like this, and
we’re passionate about them and the future for us all.” And that’s not all. Boggs has another after-hours job, worki ng as a network faci l itator for Lifetime Networks, where she supports “an incredible woman who has Down’s Syndrome. I help her with social skills, kind of like a Big Sister program, teach her how to manage her money, and interact with people. I teach her cooking skills, and we make dinners together. “T hat is my passion,” she says. “It’s not enough to just be pa r t of the busi ness. . .I want to help people and make a difference, and I can do that at Robinson’s. It feels great to know that what I do is making an impact on a personal and a corporate level. “I have amazing relationships with our customers, many who have come here for years, and I really feel like we have created a community, together with our staff,” she says, noti ng there a re 14 sta ff members. “It’s pretty amazing at 30 years of age to be a leader and manage the staff. But more than anything, I am proud to carry on the legacy of our 90 year old family business and put my stamp on it.” www.robinsonsoutdoors.com
Enviro Celebrating 30 Years Of Manufacturing Stoves
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AANICHTON – Enviro is a company built on a lot of hearth. A nd wo o d , p el let a nd ga s fireplaces. Its parent company, Sherwood Industries Ltd., is celebrating its 30th anniversary this year, and Enviro, as it is better known continues to manufacture top line stoves at its 100,000 square foot facility in the Keating Industrial Area, employing 200 workers. Cherbel Yousief, one of three founders of the company (along with Thomas and Martin O’Connor) and Stuart O’Connor acquired 100 per cent of Sherwood Industries Ltd. in 2015, and guide the company as it continues to expand. Enviro products are sold throughout Canada, the United States and Europe. In an article in the Patio & Hearth Products Report, Yousief, President and CEO, describes how Enviro evolved from a wood/ pellet appliance manufacturer into a full-line hearth company. “We were the first to pioneer bringing pellet stoves into Europe,” he says. “Ours were the stoves of choice because of their quality - and the fact that they could burn a variety of fuels, including crushed walnut and almond shells. We were the largest player in Europe for many years.”
“The pellet segment was the springboard to get us into the market, but things have taken a different turn, and we are changing for the better.” CHERBEL YOUSIEF ENVIRO
The EX35 gas fireplace insert made by Enviro After regulations started to tighten in Europe, the company began focusing on growing their North American market. “The pellet segment was the springboard to get us into the market, but things have taken a d i fferent tu rn, a nd we a re changing for the better,” Yousief told the Report, noting that in
2014, the company broadened its offerings to include gas fireplaces and introduced five models. “We hit it out of the park with all five,” Yousief says. “It confirms that we are not just a pellet-stove manufacturer. We are serious about creating great products in an innovative way.” Enviro’s successful foray into
the gas category in 2017 has been one of its defining moments, as they jumped into modern design with a full line of linear gas fireplaces, including the C34, C44 and C60. It introduced five new gas products in 2018, including a 72 inch linear fireplace, two large fireplaces and two high-end fireplace inserts.
“I can comfortably say that gas-product sales have surpassed our pellet-product sales by 30 per cent in just a short time, which is huge, when one realizes that we are a business that built its reputation on pellet products,” Yousief stated in the Report. That’s a long way from their roots when they introduced original Seefire Wood Stove, and became the first pellet stove manufacturer in Canada in 1990 with their EF1 Pellet Stove. “We have a couple of ideas that will come into play in the next few years,” Yousief said in the Report. “We want to be diversified within the industry so we can continue to grow our business.” www.enviro.com
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DESTINATION VICTORIA CREATING OFF PEAK SEASON EVENTS
TOURISM VICTORIA PAUL NURSEY
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i n c e 2 017 D e s t i n a t i o n Greater Victoria has sought to establish new and fresh e v e n t s a n d c o n fe re n c e s i n Greater Victoria. This is done in partnership with local small businesses and other stakeholders. The purpose of establishing these conferences is to create
predictable business – often in the off-peak season – for the Victoria Conference Centre, hotels and other interested parties. It is no secret that January is a slower month for the visitor economy than July. The question was asked: What initiatives could help level this imbalance? The IMPACT Sustainability Travel & Tourism Conference (IMPACT) is an example of Destination Greater Victoria’s desire to create its own conferences in the off-peak season. First held in January 2018, IMPACT brings hundreds of delegates to Greater Victoria from government, for profit and the not-for-profit sectors to discuss best practices and ways to enhance sustainability in the visitor economy. This year’s IMPACT was held from January 19-22. It was a tremendous success and included a diverse array of speakers, such as Wade Davis, anthropologist
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Travel & Tourism Conference (IMPACT) is an example of Destination Greater Victoria’s desire to create its own conferences in the offpeak season
and Explorer-in-Residence with National Geographic, Charlotte Bell, President and CEO of Tourism Industry Association of Canada and Geoff Pegg, Director, Sustainability & Environment, Telus. Discussions included topics such as transitioning tourism to a circular economy, carbon reduction planning and the roles of municipal leadership on climate action and social equity in the visitor economy. It was a robust discussion and delegates walked away ready to implement solutions and tackle challenges to create more sustainable destinations and economies. IMPACT is just one of the conferences Destination Greater Victoria helped establish and organize. Capital City Comic Con will be held once again in March. This will be the third Capital City Comic Con and we look forward to filling the
community with visitors sharing their enjoyment of popular culture. Last July Destination Greater Victoria partnered with local community members to bri ng back Northwest Deuce Days. T his event was highly successful and supported by locals and visitors alike. The Inner Harbour teemed with people interested in classic cars. As we head into 2020 Destination Greater Victoria will continue focus on these events and conferences. At the end of the day Destination Greater Victoria is a member-driven organization made up of hard-working small business owners with a passion for the visitor economy. Conferences such as IMPACT are a way to support members in slower months of the year. Paul Nursey is the President and CEO of Destination Greater Victoria
January 30 Grant Thornton LLP BE Awards Gala Set For Westin Bear Mountain Resort BE AWARDS CONTINUED FROM PAGE 1
with Gold Sponsor RBC Royal Bank and Business Examiner, will host a morning-after “Breakfast For Champions” business round table for winners of the event’s 17 categories. Black Press is a Platinum Medium Sponsor of the BE Awards this year. Categories this year are: • Automotive (car and truck dealerships & fleet sales) • Construction/ Development/Real Estate • Entrepreneur • Food & Food Production (agriculture, seafood, food products) • Green & Technology • Health Care • Hospitality • Industrial Manufacturer • Manufactured Wood Products • Ocean Products • Professional (legal, accounting, insurance, coaching) • Construction/Development/Real Estate • Retail • Small Business (under 20 employees & under $1 million in sales) • Tourism • Trades (automotive repair, plumbing, electrical, roofing, etc. • Business of the Year (over 50 employees & over $1 million in sales). Finalists are, by city: Campbell River: Campbell River Whale Watching, Island Joy Rides, Session Bistro & Spin Room, Stonehouse Teas. Chemainus: Bound To Be Different, The Wildwood Collective. Cobble Hill: Creative Woodcraft. Comox Valley: Ace Brewing, AFC Construction, Eatmore Sprouts, Excel Career College, Kingfisher Oceanside Resort, Land and Sea Brewing, Level 10 Eurospa, Lift Startups, Locals Restaurant, Manatee Holdings, Terra Nova Plumbing, West Coast Wild Scallops. Duncan: Cowichan Auto Repair, Mustimuhw Information Solutions, Alderlea Farm and Café, Resthouse Sleep Solutions Ltd., Farmer Ben’s Eggs/ Running W Egg Farm.
Nanaimo: Alair Homes, Budget Glass, Eden Gardens, Footprints Security, Integral Wealth Securities, Island West Coast Developments, Laird Wheaton GM, Nickel Bros. House Moving, NYLA Fresh Threads, Saywell Contracting, SCS Steel Container Systems, The Bride’s Closet, Tiah Workman Notary Public, Tomkins Financial, VI Pest Doctor, VMAC, White Sails Brewing. Nanoose Bay: Sartori Custom Homes. Parksville: M&N Mattress, Natural Evolution, Mid Island Cabinets. Port Alberni: Cascadia Seaweed, Imagination FX, R. Anderson & Associates, San Group. Port Hardy: Cape Scott Water Taxi. Sidney: Bayside Diesel, BMT Group Services, Parsell Vineyard, The Cut Cartel. Sooke: Rustic Roots Hair Studio, Saseenos Veterinary Clinic, Seaflora Skincare, Stick In The Mud, Westcom Plumbing and Gas. Victoria: Abeego, Barnacle Systems, Charge Fitness, Comfort Keepers, Down To Earth Gardens, Fatso Peanut Butter, Harbour Air, Iredale Architecture, Oui Jewellery, Prime Engineering, Proline Roofing, Salish Seaside RV, Wallace Driving School, Westshore Bicycles. West Shore: Belmont Collision, Cascadia Liquor Langford. “The room will be filled with some of the most successful businesses from across the Island,” says MacDonald. “It’s a time to celebrate, but it’s a fantastic networking opportunity with award winning companies.” For more information on the event contact MacDonald at 1-866-758-2684 ext. 120 or email: mark@ businessexaminer.ca To book tickets ($125 each-plus GST), visit www. businessexaminer.ca/events.
CITIFIED
JANUARY 2020
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A 12-STOREY CONDOMINIUM TOWER PLANNED FOR ADMIRALS ROAD
Citified.ca Regional Nearly $5 billion in real-estate transactions took place in Greater Victoria last year marking a busy period for home and commercial property sales, according to figures released by the Victoria Real-Estate Board. 7,255 residential and commercial properties available through the Multiple Listings Service sold in 2019 for a total value of $4,925,950,600, the fourth highest year ever in terms of valuation and the fourth busiest by t ra n sact ion volu me. By comparison, 2018 saw 7,150 transactions with a total value of $4,992,863,965, nearly $70 million in sales over 2019. The highest year by both purchases and money exchanged was 2016 with 10,622 valued at $6,133,802,148, respectively. 2017 was the runner-up with 8,944 purchases and just over $5.7 billion exchanged. 2019 started off slow with sales lagging 2018 between January and April, but May showed gains with 848 sales over May 2018’s 755, and that trend continued straight through December as activity surpassed 2018’s total by 1.5 per cent (105 properties). In terms of valuation, the latest BC Assessment data for 2020 yielded a negative trend for the urban core of Victoria while the West Shore and the Saanich peninsula areas saw overall prices rise or remain flat. The benchmark price of a single-family-dwelling in the Capital was $855,400 as of November and $517,000 for a condominium suite. The benchmark price in the same period last year was $865,800 for a single-family-dwelling and $501,300 for a condominium. Esquimalt A 12-storey condominium tower planned for Admirals Road at Naden Way in Esquimalt has
For the photo details, please use: A rendering of Dalmatian Developments’ 12-storey mixed-use fire hall, affordable rental and office tower starting construction at 1025 Johnson Street. The building will include an emergency communications centre and a crew quarters on a level above the fire hall CREDIT: DALMATIAN DEVELOPMENTS
shifted gears and will now proceed as a rental project. Sales staff at Corvette Landing, a proposal that secured municipal approvals in mid-2018 as an 83-unit strata-titled condominium, have advised pre-sale purchasers that their deposits will be returned as developer Standing Stone Developments pursues an all-rental future for the mass timber-designed high-rise. Pre-sales of Corvette Landing’s studio, one, two and three-bedroom residences began in the spring of last year. The number of presales had not been disclosed. Victoria Construction of the City of Victoria’s $33.7 million No. 1 fire hall replacement has begun as part of a mixed-use affordable rental, retail and civic project at 1025 Johnson Street. Victor i a-ba sed Dalmatian
CBRE Victoria’s record breaking year of sales in 2019! Thank you to our loyal clients, we look forward to working with you in 2020!
Developments is spearheading the effort as the first of four phases of its recently approved Johnson|Cook|Yates redevelopment of Harris Green’s Pacific Mazda automotive dealership on Cook Street between Johnson and Yates streets. Dalmatian, a subsidiary of Jawl Residential, will build a state-ofthe-art fire halland ambulance station on behalf of the City at a guaranteed rate while 130 affordable rental apartments together with an emergency operations centre, crew quarters for firefighters and commercial office space will be situated on ten levels above the hall (totalling 12-storeys with level three designated for office space and levels four through 12 for residences). With preliminary ground work beginning this month, excavation crews are expected to remain onsite for several months. Concrete work will begin later in the year
Personal Real Estate Corporation Senior Vice President CBRE Investment Properties Group 250 386 0004 ross.marshall@cbre.com
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for a targeted occupancy window of 2023. An effort to relocate Victoria’s No. 1 firehall from its long-time location at 1234 Yates Street has been underway since 2009. Citing seismic concerns of the mid-century building, the City of Victoria pursued a project procurement process in 2015 that sought bids from multiple organizations proposing redevelopment of the firehall property or relocation of the firehall site. Dalmatian’s and Jawl Residential’s Johnson|Cook|Yates proposal was selected in 2016 as the favoured bid. As reported by Citified in February of last yea r, the new tena nt earmarked for Hillside Centre’s former Sears space is indeed planned as the Capital’s third Walmart Supercentre location. The retail giant made a move last year to secure the two-storey, roughly 149,000 square foot
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unit along the shopping centre’s North Dairy Road frontage which had been vacated by Sears in January of 2018 as part of that corporation’s exodus from Canada’s retail landscape. Today the Sears space is in the early stages of significant renovations that will move into full swing this winter ahead of tenant improvements planned by Walmart, according to a source familiar with the work. In terms of size, the 149,000 square foot Hillside store will rank between Walmart’s 216,000 square foot Uptown Shopping Centre location and its Langford store sized at 115,000 square feet. Mike Kozakowski of Citified. Citified is a comprehensive resource for researching a new-build home or commercial space in metro Victoria and southern Vancouver Island.
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JANUARY 2020
SIGNAGE Modern Signage Has Changed Along With The Times Technology Helping To Create New Ideas And Formats At Lightning Speed
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he one constant in business is change, and savvy companies are taking advantage of technology to stay ahead of the times. Signage companies understand that the days of the simplicity of Little Johnny’s Lemonade Stand signs are long gone and they are now utilizing technological advances to enable them to compete with a variety of sophisticated mediums and visual noise. Signs are certainly not going away, but they have evolved, and the goal is still the same: Clear branding and messaging. The simplicity of one-dimensional signs is still useful with their eye-catching graphics, cute slogans and company branding. Travelers will always see huge signs along the highway, in airports, at hockey games, on TV, in magazines, newsprint and other vehicles. According to Nikki Boechler, President of the BC Sign Association: “Digital boards are the big thing now, but I don’t think one-dimensional signs will ever be off the market. Affordability is the key. Once the digital boards come down in price, storefront signs might start to be replaced
The City of Langford and Pattison Outdoor Advertising won Out-of-Home Media Award for their free-standing digital structure at the Best of Canada’s Sign Industry Awards in 2019 PHOTO CREDIT: WWW.BOCSI.CA
with the electronic type. The print industry and signage industry are working hand in hand now – and a lot of print companies are starting to make signs.” T he BC Sign Association is under the umbrella of Canada’s group, the Sign Association of Canada (SAC-ACE), which has been existence since 1955. It offers accredited training courses, as deals proactively with governmental and regulatory issues. Their goal is to be the first point of contact for any changes in regulations in the signage industry. Those in the field have been challenged to be creative and attentive to emerging technologies and move from standard one-dimensional print products to learning the world of digital, and stay abreast of new printers that have changed from mammoth machinery to smallish, specialized machines able to construct 3-dimensional products. The latter allows the creation of a complex, 3D printed object straight from a digital file. It is especially useful in prototypes and architectural models. As far as education to keep up with the electronic sophistication of signage, the BC Institute of Technology offers a Graphics Communication Technology Management diploma program. The BC Sign Association works with them to help place graduates, Boechler notes. W hile there is currently no
“Digital boards are the big thing now, but I don’t think one-dimensional signs will ever be off the market. Affordability is the key.” NIKKI BOECHLER BC SIGN ASSOCIATION, PRESIDENT
Nikki Boechler is the President of the BC Sign Association and Assistant Director of Operations in Western Canada with the Pattison Sign Group licensing required to install signs, Boechler notes “This is another thing we are working towards. Alberta is really at the forefront of installation certification and we are looking at them to see how to move this forward in BC. “Cities a nd mu n icipa l ities have permit regulations when it comes to electrical components and usually an engineer stamp is required on larger signs to ensure attachments are adequate. One of the services the Sign Association of Canada, and the BCSA as a chapter of SAC, offers is assistance with government relations.” Besides keeping up with technology, obtaining necessary
permits proves to be another challenge. “There are a few municipalities where it’s a long wait or there are very restrictive bylaws in place,” Boechler observes. SAC-ACE also hosts Sign Expo Canada, an annual trade show showcasing the latest in products and trends in the industry. They also partner with Sign Media Canada to offer The Best of Canada’s Sign Industry (BOCSI) Awards, which honours the top work of sign companies and related organizations across the country where winners are selected by SEE SIGNAGE | PAGE 13
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JANUARY 2020
13 “Anecdotal evidence points to modest growth overall with faster growth for digital signage. However, there is so much cross-over between companies who self-identify as sign manufacturing,
Erin Roberts is with the Sign Association of Canada
Dan Sawatzky of Imagination Corporation was Unique Signs category third place winner for his sign sculpted from fibreglass-reinforced concrete over a welded steel armature PHOTO CREDIT: WWW.BOCSI.CA
SIGNAGE CONTINUED FROM PAGE 12
an expert panel of independent judges. Pattison Outdoor Advertising of
Victoria, in a partnership with the City of Langford, won first place in “Out-of-Home Media” for their City of Langford Landmark Sign in 2019. Dan Sawatzky, previously of Chemainus, won third place
in “Unique Signs”, for his company, Imagination Corporation’s 3-Dimensional penguin sign in Penticton. Over the years there has been an increase in the blending of
digital signage and audiovisual (AV). Signs offer a movie-like experience and touch the senses of sound, as well as visual. The more senses that are involved, the better the retention of the message, and the more likely the conversion of client or sale. When asked about growth in the industry, Erin Roberts of SAC-ACE, says “Anecdotal evidence points to modest growth overall with faster growth for digital signage. However, there is so much cross-over between companies who self-identify as sign manufacturing, print and marketing the collection of solid data is a challenge.” Few sign companies are a onestop shop. In today’s market there
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print and marketing the collection of solid data is a challenge.” ERIN ROBERTS, SIGN ASSOCIATION OF CANADA
is a need to work with branding experts, electricians and other subcontractors. Some signs require mechanisms, moving parts and engineering know how. For instance, with the use of LEDs and electrical work in signage there is a need for compliance and following requirements in various provinces. In the end, no matter what the sign, the questions is the same: Did they get the message?
WHO IS SUING WHOM
14 WHO IS SUING WHOM The contents of Who’s Suing Whom is provided by a third-party resource and is accurate according to public court documents. Some of these cases may have been resolved by publication date. DEFENDANT 0883935 BC Ltd 105-6388 Bay St, West Vancouver, BC PLAINTIFF Pioneer West Mortgage Investment Corporation CLAIM $260,099 DEFENDANT 1100531 BC Ltd PO Box 28052 Westshore RPO, Victoria, BC PLAINTIFF 1032072 BC Ltd CLAIM $2,097,565 DEFENDANT 2002460 Alberta Ltd 112-339 Spruce St, Red Deer County, AB PLAINTIFF Admiralty Leasing Inc CLAIM $11,205
DEFENDANT 9937030 Canada Inc 150-4243 Dundas St West, Toronto, ON PLAINTIFF Koutougos, Gerasime CLAIM $9,303 DEFENDANT Break Rock Construction 4815 Pohle Ave, Terrace, BC PLAINTIFF Boyd, Gloria CLAIM $35,000 DEFENDANT DTF Construction Ltd 598 Edgewood Dr, Campbell River, BC PLAINTIFF Ferreira, Virginio CLAIM $35,216 DEFENDANT Green Tech Roofing Inc 1701 Sheridan Ave, Victoria, BC PLAINTIFF Fitzzaland, Paul Christopher CLAIM $26,643 DEFENDANT Grizzly Bear Holdings Incorporated PO Box 28052 Westshore RPO, Victoria, BC PLAINTIFF 1032072 BC Ltd
Keeping projects on time and on budget
CLAIM $2,097,565 DEFENDANT Jacob Bros Construction Inc 2900-595 Burrard St, Vancouver, BC PLAINTIFF Boyd, Gloria CLAIM $35,000 DEFENDANT JD Plumbing And Gas Inc 225 Vancouver Ave, Nanaimo, BC PLAINTIFF Strata 1634 CLAIM $7,341 DEFENDANT JWC Renovation 606 Nova St, Nanaimo, BC PLAINTIFF Medeiros, Maria CLAIM $35,176 DEFENDANT LMG Insurance Brokers Ltd 1800-401 West Georgia St, Vancouver, BC PLAINTIFF Manhas, Paul Allan CLAIM $18,074 DEFENDANT Mainland Aluminum Co Ltd 102-12899 76th Ave, Surrey, BC
PLAINTIFF Abstract Construction CLAIM $116,677 DEFENDANT NCA Property Management 8467 Bland Rd, Port Alberni, BC PLAINTIFF Kongyuy, Felix Ngalla CLAIM $22,734 DEFENDANT Pomerleau Inc 1700-666 Burrard St, Vancouver, BC PLAINTIFF Boyd, Gloria CLAIM $35,000 DEFENDANT Seabrook Developments Ltd 723A Vanalman Ave, Victoria, BC PLAINTIFF K1 Electrical Contractors CLAIM $14,500 DEFENDANT Shih Tzu Knot Barking Boutique 3460 Country Club Dr, Nanaimo, BC PLAINTIFF Buddies Natural Pet CLAIM $34,630
JANUARY 2020
DEFENDANT Shorncliffe Construction Ltd 1514 Shorncliffe Rd, Saanich, BC PLAINTIFF Ramsay Painting Ltd CLAIM $19,316 DEFENDANT Steeple Jack Roofing Ltd 4536 Parry X Rd, Victoria, BC PLAINTIFF Owners Strata Plan Vis 87 CLAIM $35,000 DEFENDANT Turner Lane Development Corporation PO Box 28052 Westshore RPO, Victoria, BC PLAINTIFF 1032072 BC Ltd CLAIM $2,097,565 DEFENDANT Unique Restoration Ltd 1220 Matheson Blvd East, Mississauga, ON PLAINTIFF Quick Links Construction Ltd CLAIM $717,821 DEFENDANT Westcoast Strata Management Services Inc 225 Vancouver Ave, Nanaimo, BC
PLAINTIFF EB Kondra Associates CLAIM $15,216 DEFENDANT Western Coast Insurance Services Ltd 105-648 Terminal Ave, Nanaimo, BC PLAINTIFF Bose, Nigel Bhose CLAIM $9,815 DEFENDANT Western Grater Contracting Ltd 2400-745 Thurlow St, Vancouver, BC PLAINTIFF Boyd, Gloria CLAIM $35,000 DEFENDANT Westpro Infrastructure Ltd 800-885 West Georgia St, Vancouver, BC PLAINTIFF Boyd, Gloria CLAIM $35,000
MOVERS AND SHAKERS
JANUARY 2020
BT Productions to produce the game FUBAR: Just Give’r. The video game is based on the Canadian cult classic FUBAR mockumentary movie and TV show, featuring main characters Terry and Deaner. The game is available for iOS and Android.
Kim Osborne
British Columbia Investment Management Corporation (BCI) has been selected as one of Canada’s Top 100 Employers. The company received an “A” rating in Physical Workplace and Compensation, as well as an “A+” rating in Vacation & Personal Time-Off. Croissant Insurance Services Inc. has moved its office to a new space at #30 – 797 Hillside Avenue.
Sheenagh Beadell Chem istr y Consu lti ng h a s been acqu i red by two of the company’s senior consultants, K im Osborne a nd Sheenagh Beadell. The duo acquired the business from Christine Willow and Frank Bourree, who have run the firm for over 25 years and are stepping away to travel and spend more time with fa m i ly. T he compa n ies Victoria office has moved to 219 – 645 Fort Street. Chemistry consulting is a human resource consulting firm which provides executive search, human resources, business and immigration consulting services. Destination Greater Victoria has added Tracy Webster and Nancy Moudahi as new sales representatives to the Victoria Conference Centre and Business Events Victoria team.
A new purpose-built 95-unit rental apartment building in Victoria called Verve has been acquired by Toronto-based Centurion Apartment Real Estate Investment Trust from Abstract Developments. T he acqu isition includes all 95-units of the multi-family rental building at 433 Boleskin Road at a price of $32.7-million; about $344,000 per suite. Two new members have been added to the Victoria Conservatory of Music’s board of directors at their recently held annual general meeting. The new members are Michael McEvoy, the Information and Privacy Commissioner for BC, and Shelley Williams, a retired lawyer and advancement professional. Roy Cullen was thanked for his service as chair and he will remain on the board as past chair. Shannon von Kaldenberg has
been elected the new board chair. Shannon has been the Chief Philanthropy Officer at the Heart and Stroke Foundation since 2010 and has extensive experience in fundraising, strategic planning and personal management. The Greater Victoria Chamber of Commerce has added three new members to its board of directors for 2020. The board additions include Judith Ethier of the Greater Victoria Harbour Authority, Rose Arsenault from Agilus Work Solutions and Tom Plumb of Kinetic Construction. This year’s board will also include John Wilson of the Wilson’s Group of Companies who will serve as board chair, Dan Dagg of Hothouse Marketing, Kris Wirk of Dusanj and Wirk, Christina Clarke from Songhees Development Corp., Moira Hauk from Coastal Community Credit Union, Ian Batey of IPB Consulting, Carmen Charette of the University of Victoria, Pedro Marquez from Royal Roads University, Sam Sader of CFB Esquimalt and Paul van Koll from KPMG. Also joining the board are Brianna Green from the Wilson’s Group on behalf of the Prodigy Group and Catherine Holt, chief executive officer of the chamber.
Bear Mountain Golf Course in Langford has been named as the host of the Can Am Masters Cross Country Challenge on February 29. The race will feature cross-country competitors from Canada and the United States in five age categories over 30 years in a 5-kilometer race. The event will be held in conjunction with the 2020 Pan Am Cross Country
15 Cup which features teams from more than 40 countries. McConnan Bion O’Connor & Peterson Lawyers has named N. Nima Rohani as a partner to the firm at Suite 420-880 Douglas Street. Nima was born and raised in Victoria, received his law degree at James Cook University in Australia and specializes in real estate and construction law. The Victoria Real Estate Board has appointed Sandi-Jo Ayers as its president for 2020. Ayers will be joined by this year’s board of directors which includes David SEE MOVERS & SHAKERS| PAGE 16
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Kano Apps, a Victoria-based gaming studio, has partnered w ith Va ncouver stud io East Side Games and Calgary firm
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Nick Walker Frontrunners Footwear has been recognized as the 2019 Store of the Year by the Canadian Independent Running Retailers of Canada. Owners Rob Reid and Nick Walker received the award due to their involvement in community events and for their support of hundreds of local charitable organizations.
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MOVERS AND SHAKERS
16 MOVERS AND SHAKERS CONTINUED FROM PAGE 15
Langlois, Karen Dinnie-Smyth, Cheryl Woolley, Sheila Aujla, Robert Cole, Jackie Ngai, Patrick Novotny and Graden Sol. Victoria Distillers was selected to craft the signature cocktail of the year for Pantone, the company responsible for deciding the official colour of the year. This year’s colour was a classic blue, chosen for its ability to ‘instill calm, confidence and connection’. Victoria Distillers created the cocktail entitled the Classic Blue using among other ingredients, its signature blue Empress 1908 Gin, which has a magenta colour which it gets from butterfly pea blossoms. Star Cinema has reopened at its temporary location at 9824 Fifth Street where it will reside while its Third Street location is redeveloped. The third street development will reopen as the Cameo, a mixed residential-commercial development that will include an expanded theatre. Casman Properties, the developer for the Cameo Condo development, handled all of the logistics of moving the theatre, after securing and renovating Star Cinema’s temporary location. Victoria’s Amber Arnold and
Ana Elizondo de la Fuente are two of 10 B.C. students who made the National Honour Roll for their outstanding results on the multi-day national Common Final Examination (CFE) administered by the CPA Western School of Business (CPAWSB) in September 2019. Sixty-four other CPA students from Victoria also passed the exam. Ref lexology 4 You recently celebrated its 25th anniversary of serving Sooke residents at 2113A Otter Point Road. Petro-Canada recently completed its coast-to-coast network of electric vehicle (EV) fast charging stations along the Trans-Canada Highway from Victoria to Stewiacke, Nova Scotia. The project completed with the installation of two electric chargers at the Sayward Road/ Pat Bay Highway Petro-Canada location. The chargers can provide up to a 200-kilowatt charge, which is enough to charge most electric vehicles by 80 per cent in less than half an hour.
Carmack is a senior research scientist emeritus with Fisheries and Oceans Canada and his work focuses on climate variability and its impact on the food web, oceans and fish. Thomas E. H. Lee of Victoria and Ottawa was also named as a recipient for his contributions as a public servant and in conservation of Canada’s natural resources. Lorna Wanosts’a7 Williams of Victoria was also named a recipient for her contributions to Indigenous education and her advocacy of Indigenous language revitalization programs. Williams is the UVic professor emerita of Indigenous education, the recipient of the Indspire Award for Education in 2018.
JANUARY 2020
to go toward the City of Victoria’s Housing Reserve Fund. Milliken is responsible for an upcoming private senior’s residence for people with Alzheimer’s disease on Richmond Road, which is currently home to a medical office building. Plans for the building were approved in the spring, though acceptance of the plan was not reliant on the cash donation. T he for mer Sears space i n Hillside Centre will soon be the home of Victoria’s third Walmart Supercentre location. The two-storey space includes roughly 149,000-square-feet and was vacated by Sears in January 2018 when the corporation was closing its retail stores nationwide. The site is currently in the early stages of renovations that will go into full swing in the winter, with an opening expected sometime in 2021. Rolf’s Cook Street Barbershop at 1516 Cook Street is planning a move this winter to one of the ground f loor retail spaces in the new Jukebox condominium building at 1029 View Street.
Save on Foods in Sidney has added a wine department to its store offerings at 2345 Beacon Avenue.
Donald Milliken
O ce a nog rapher Eddy Carmack of Saanichton has been announced as one of 120 recipients of the Order of Canada.
Donald Milliken, owner of Milliken Developments, recently presented Victoria Mayor Lisa Helps with a $1-million cheque
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Locelle will be hosting Discover Tectoria’s first ever ‘Women in Tech Lounge’ on February 27th at Crystal Gardens. The event will focus on connecting women for networking, support and mentorship and will include panel talks and networking opportunities throughout the day. Locelle is a platform for women to connect for networking, support and mentorship. CNN recently featured a story on its website listing the 20 best places to visit in 2020, which included Vancouver Island. The list also included places like Zambia, Jamaica, St. Petersburg, Russia and Copenhagen, Denmark. Among the highlights of Vancouver Island, the article highlighted Victoria for its “stately Edwardian architecture”, green spaces, sights, dining and shopping. Pluto’s Restaurant has had its lease extended for another year at 1150 Cook Street. Restaurant owner Brun Dahlquist was notified in April that his business would not have its lease extended as the property’s new owners planned to build a 15-storey condominium project on the site. Dahlquist was given a one-year notice to move out, which has since been extended by 66 Developments Ltd. as they move through the approval process with the city. Victoria has topped a list of Canada’s most ‘bikeable’ according to inaugural bike scoring ratings released by Redfin, a real estate brokerage website. Newlook Eyeware is opening a new store in the Hillside Centre at #49 – 1644 Hillside Avenue.
Re/Max Alliance Victoria recently announced its sales leaders of the month for December at its office at 770B Hillside Avenue. The sales leaders were Ron Neal, Jason Leslie, Layne Britton, Jean Medland, Glen Glowinski, April Spackman, Laura Godbeer, BJ Brahmacharie, Karen Love and Manpreet Kandola.
Dr. Rey Carr Dr. Rey Carr, the chief executive officer of Victoria-based not-for-profit of Peer Resources International (PRI), has been presented with the Lifetime Meritorious Service Medallion from the National Association of Peer Program Professionals Multiple Victoria restaurants were counted among Yelp’s list of top 100 places to eat in Canada in 2020. Topping the list from Victoria was Il Terrazzo Ristorante, which was crowned the fourth best restaurant in all of Canada. The other Victoria restaurants named to the list were Blue Fox Café, Jam Café, Shanzee’s Biscuit Café, Little Yunnan Restaurant, John’s Place, OLO Restaurant and Finn’s Seafood Chops Cocktails. Victoria was recently listed among one of the top small cities in the world by Monocle, a magazine that provides briefing on business, culture, global affairs, design and more. Victoria was singled out for its thriving technology sector, agreeable climate, proximity to the ocean and rich cultural life.
Dr. Vidhi Bhatt Eye Etiquette Optical is now open for business in Belmont Market at 119 – 3039 Merchant Way in Langford. The location opened on January 6th while eye exams begin on January 21. Dr. Vidhi Bhatt has been added to SEE MOVERS & SHAKERS| PAGE 17
MOVERS AND SHAKERS
ANUARY 2020
MOVERS AND SHAKERS CONTINUED FROM PAGE 16
the Eye Etiquette team to take care of patients at the Belmont Market office. Dr. Bhatt will be available every other Monday at Eye Etiquette’s existing Millstream location. Congratulations are in order for the top salespeople of the month from dealerships across the Victoria region. They are Brock Webber of Harris Auto, Jefferson De Jesus of Jim Pattison Toyota, Ray Martin of Jim Pattison Lexus, Srjdan Tovirac of Pacific Mazda, Marty Clermont of Wheaton, David Vollet of Audi Autohaus, Michael Pritchard of Volkswagen Victoria, Daniel Houle of Victoria Hyundai, Matt Kennard of Porsche Centre Victoria, Daniel Low of Three Point Motors, Riley Johnson of BMW Victoria, Jason Ogilvie of Volvo Victoria, Cam McFarlane of Wille Dodge, Justin Stacey of Jenner, Bob McMillan of Campus Honda, Gage Clough of Campus Infiniti, Emery Mendria of KIA Victoria, George Soloff of Campus Nissan, Mike Delmaire of Jim Pattison Subaru and Eddie Lee of Campus Acura. Paul Hurst recently celebrated his 35th anniversary of serving with the View Royal Fire Department. Hurst has been the chief of the department since 2005. Re/Max Camosun recently announced its top producers for December from its offices across the Greater Victoria region. The top producers from the Victoria region were Jane Johnston, Geoff McLean, Frank Rudge, Ron Brass, Terry Kurash, Chantelle Lysyk, Vincent Baart and Sandi-Jo Ayers. The top producers
17
serving the West Shore were Dale Sheppard, Jordan Campeau, Deborah Coburn and Seb Kaiser. Meanwhile, Karen Jensen was the top producer for Oak Bay while Oliver Katz and Cristina Staicu were the top producers from Sooke. The Saanich Police Department recently swore in five new officers including Constable’s Ashley Volk, Chris Faulkner, Jimmy Fryers, Erin Heywood and Frazer Timmermans. Const. Timmermans is a former member of the BC RCMP so he will begin working with the Saanich police right away as a patrol officer, while the remaining officers will head to the Justice Institute of BC to begin training. Peers Victoria Resources Society recently unveiled its new space after HeroWork, a charity that renovates other charities, spent weeks renovating the place at #1-744 Fairview Road. Over the course of the renovation, HeroWork enlisted the help of over 400 trade and general volunteers and more then 80 businesses to renovate the Esquimalt building. Peers Victoria Resource Society provides outreach, drop-in harm reduction and support services alongside education and employment training to current and former sex workers in Victoria and Vancouver Island.
B1 ge pa – dS 1 aR eB Rory Hills, a biochemistry student at aW ag t B e –p Buckleing R S I the University of Victoria, was recently l d Fi e7 tV ic ag aR ep Se d a rec-aW clin awarded the Rhodes ScholarshipoWin t B l ke e c a Bu lling IR ic ustry c CR Fi e 7 ed ognition of his academic achievement tV ag Rd nd ni ep m Se s Co da n i cli e o i i W t R l y and leadership. The scholarship t c o covers a u c » R r c e t i r dC roj cons ed ust travel, living and study expenses at aOxoR nd t p the is m tion ind 3 eC 5s ge n sl R 01 20 pa n i 15 0e I 2 2 r ford where he will be based in thevefall of1 e20w13 oormy e ject struc » s nk li ve n g ha di ams il d to Bu ee te cte for 1T3hr sele ids land
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OPINION
18
JANUARY 2020 A division of Invest Northwest Publishing Ltd. 200-3060 Cedar Hill Road, Victoria V8T 3J5 Fax: 1.778.441.3373 Toll free: 1.866.758.2684 Website: www.businessexaminer.ca
PUBLISHER/EDITOR | Lise MacDonald SALES | Robert MacDonald - robert@businessexaminer.ca, John MacDonald - john@businessexaminer.ca WRITERS | Beth Hendry-Yim, Kristin Van Vloten, Val Lennox, Robert MacDonald
IS HATRED FOR DONALD TRUMP PROPAGATED AND PROPELLED BY GLOBALISTS?
MARK MACDONALD
W
hy is there such intense hatred, and at the same time, appreciation, for United States President Donald Trump? Is it because of what he says, how he says it, what the media says he says, or what his Democrat opponents suggest he says? Or is it for what he has actually done? It is truly a conundrum. As I have written on several occasions before, I was not a Donald Trump fan prior to his surprising ascendancy to the Presidency. Like many, I didn’t like his grandstanding and proclamations of his own greatness, and appreciated even less the theme of what is roundly recognized as a pre-election video series “The Apprentice”, which featured Trump emphatically telling hopeful employees “You’re Fired!” Who does that? And enjoys saying it? Not your average business person, for sure. Yet Trump seemed
to revel in it. Like many, I was shocked that he became President. It’s been fascinating to watch his journey. I spent four years of my life in university/college in the United States, so I watch what happens with more than passing interest. I was there when the media and so-called elite savaged President Ronald Reagan in the 1980’s, deriding him as a relative simpleton, albeit with immense acting and communications skills. Thus my conclusion: Apparently only Democrats have brains. It’s not surprising to see the same rhetoric being pounded about Republican Trump, amplified by the onslaught of mass media that has completely lost its objectivity. Reporters inject their own commentary into every story – not realizing that they’ve totally undermined the purpose of their craft: Truth telling. Report – don’t comment. It’s equally intriguing to watch one man beat the media with 120-character messages through a Twitter account. I am convinced that anybody who says Donald Trump is stupid should check their own IQ. He may be crass, boisterous, self-aggrandizing. . .pick your poison – but he is anything BUT stupid. Like many, I have pondered why Trump-related references are so filled with vitriol and hatred – as if Trump himself had done
something horrific to them, personally. I am convinced that many people today have forfeited the ability to think for themselves, choosing instead to read/listen/ watch mainstream news networks, refuse to question the source or direction, and regurgitate what they’ve heard as their own gospel truth. The deep Democratic/Republican divide is troubling in terms of the longevity and sustainability of America. No house can survive such division. Someone, somehow, somewhere, needs to get both sides to tone down the rhetoric and return to civility and nation building. “The Right” have learned how to retaliate against the “Left”, as opposed to being polite and saying nothing, but the cacophonous volume sometimes leave me with one response: Turn off the volume completely. If one was to assess Trump on what he has actually done, he could be viewed as one of the most accomplished presidents in generations. But the media won’t allow that to happen. Nor will the Democrats, who have weaponized and trivialized the Impeachment provisions contained in the Constitution for purely political purposes. I am now convinced that once one gets past the Clinton sour grapes and political “gamesmanship” (let’s call it that), the anti-Trump force is fueled by Globalism – the
efforts by the bourgeoisie, “ruling elite” and so-called intellectuals to instill their own set of values on the masses across the world. It’s the same force, voiced in the media, that greeted Boris Johnson in the United Kingdom. He played the straightforward Brexit card to a solid majority and mandate as Prime Minister, as voters reaffirmed their desire to escape the European Union and re-assert their own independence, values, and economic system. Trump’s “Make America Great Again” was that as well, and he has been successful in restoring the country’s middle class through manufacturing and resource extraction – ably assisted by redoing imbalanced trade agreements with other nations and imposing tariffs when deemed necessary. Many Americans didn’t like the direction their country was taking, which was to be just another member of the global community. They wanted their way of life, capitalism and values restored and maintained. And Trump became the lightning rod to make that happen. It is perplexing to see individuals who, on one hand, despise multinational corporations – media included - that consist of trans-border operations in search of favourable investment environments and ultimately more profits, on the other hand defend Globalism, which allows it in the first place.
What we’re watching in the U.S. and the U.K. is also happening on a smaller scale in our communities: People are fed up with having others elsewhere dictate what they can and cannot do or have. Why are there 13 municipalities in Greater Victoria, and amalgamation is resisted each and every time it is raised as a solution? Because people want to have a direct say in what happens in their own back yards. Recently, murmurs of separation within the Regional District of Nanaimo from Cedar, Nanoose Bay and Coombs indicated some wanted to escape being outnumbered in RDN votes. They wanted to make their own decisions. Freedom is what America was founded upon, enshrined in a document called the Declaration of Independence. Their national anthem sang at every major public event cries “the home of the free. . .” To many, Trump has represented a retreat from Globalist interests they felt threatened their way of life. Is America Great Again? That’s a debate without end. But there is no doubt that America First is back – much to the chagrin of Globalists, whose dreams and aspirations have been curtailed and perhaps permanently halted by the likes of Trump and Johnson. The U.S. and Great Britain, together again, like Reagan and Margaret Thatcher.
GROWING DEBT A CLEAR AND PRESENT DANGER TO CANADIAN ECONOMY Canada’s Debt Has Grown Faster Than The Economy. That Dangerous Pattern Casts A Shadow Over The Nation’s Long-Term Financial Health
THE FRASER INSTITUTE ALEX WHALEN AND JAKE FUSS
J
ust before the holidays, the federal government released its fall economic update. It revealed that Canada’s federal debt-to-gross-domestic-product ratio increased in 2019, meaning Canada’s debt has grown faster than the economy. This is particularly important because the government chose the debt-to-GDP ratio to guide federal fiscal policy. The ratio is the
government’s fiscal anchor, meant to impose discipline on its decisions regarding spending, taxes and borrowing. Upon entering office in 2015, the current Liberal government committed to balancing the budget by 2019-20. It then quickly shifted its primary fiscal goal to shrinking Canada’s debt-to-GDP ratio, a measure that indicates the country’s ability to pay back its debt. However, according to the December fiscal update, the federal debt-to-GDP ratio increased from 30.8 per cent last year to 31.0 per cent now, and is expected to remain at that level through the end of 2021.
By increasing the ratio this year, the government appears to have broken its own fiscal anchor so it can continue to increase spending, grow the deficit and rack up more debt. More debt means more interest costs, paid for by taxpayers. And likely higher taxes in the future. This isn’t a trifle development. Fiscal anchors help guide policy on government spending, taxes and borrowing. For example, the 1990s Liberal government of Jean Chrétien chose the reduction of nominal debt as its fiscal anchor. That required significantly more fiscal discipline than the current government’s goal of reducing the debt-to-GDP ratio – a goal it’s now failing to achieve. Moreover, the fiscal update indicates that government spending will continue to grow, even above prior projections. Consequently, the federal deficit is projected to reach $26.6 billion this year, $6.8 billion higher than expected in March 2019. And, of course, chronic deficits are adding to
Canada’s federal debt, which is now projected to reach nearly $810 billion by 2024-25. Looking forward, there are more reasons for concern. First, the government has firmly established its willingness to ditch the anchor whenever convenient, essentially admitting there’s no particular fiscal discipline or rules governing federal spending, taxes and borrowing. Without a fiscal anchor, the government lacks a guiding mechanism to demonstrate restraint and is making up the rules on the fly. This is not a recipe for successful management of our government finances. Second, this time the debt-toGDP ratio increased while the economy is still growing and unemployment is comparatively low. A weakened economy going forward will spur significant increases in the deficit and debt, and further increases to the ratio. There’s also reason to believe the government is being exceedingly optimistic in its economic growth
projections and doesn’t anticipate a recession in the near future. But Canada’s major banks are preparing for an economic slowdown and recently set aside more money for loan losses. We’ve also recently seen waning business i nvestment i n Ca nada, rising trade tensions between key trading partners and a softening U.S. economy. Clearly, storm clouds are forming on the horizon. In a borderline-reckless move, the federal government has violated its fiscal anchor while the economy is growing (albeit slowly). If the economy weakens, as many predict, the debt-to-GDP ratio will increase even more. The federal government must begin to take fiscal policy – including its fiscal anchor – seriously. Otherwise, the deficit and debt burden, shouldered by Canadians, will continue to grow. Alex Whalen and Jake Fuss are analysts at the Fraser Institute.
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CONSTRUCTION UPDATE
JANUARY 2020
BC Housing Markets Flat in 2019 After Strong Second Half
SELF-IMPOSED UNCERTAINTY CLOUDS MAJOR PROJECTS OUTLOOK
BC
– The British Columbia Real Estate Association (BCREA) reports that a total of 77,331 residential unit sales were recorded by the Multiple Listing Service (MLS) in 2019, a decline of 1.5 per cent from the 78,516 units sold in 2018. The annual average MLS® residential price in BC was $700,460, a decline of 1.6 per cent from $711,564 recorded the previous year. Total sales dollar volume was $54.2 billion, a 3 per cent decline from 2018. “Housing markets across the province staged a strong recovery in the second half of 2019,” said BCREA Chief Economist Brendon Ogmundson. “This sets up 2020 to be a much more typical year than what markets have experienced recently.” A total of 5,218 MLS residential unit sales were recorded across the province in December, up 48.9 per cent from December 2018. The average M LS residential price in BC was $755,165, an increase of 8.7 per cent from December 2018. Total sales dollar volume was $3.9 billion, a 61.8 per cent increase year-over-year. Total active residential listings were down 10.6 per cent to 24,691 units in December. Total inventory of homes for sale have declined more than 10 per cent on a year-over-year basis for two straight months. www.bcrea.ca
19
BC CONSTRUCTION CHRIS GARDNER
O
ur current success in advancing major projects – ones that leverage our key resources, talent and expertise to efficiently move goods and people – is an excellent indicator of our future economic prosperity. And performance is mixed at best on this measure for B.C. and Canada. Site C is prog ressi ng wel l towa rds completion, w ith a l l the i m med iate and long-term benefits that entails. Project detractors, including the NDP government, came close to bringing this clean energy project to a halt, but their objections are being put to rest with each new milestone reached. On LNG, we’re under-performing on our full potential, but can celebrate the fact that LNG Canada is well underway. Its large socio-economic benefits here at home will be complemented by its contribution to global carbon reductions.
But moving down the list, things become less certain. The Trans Mountain Expansion Project is the last hope to get more Canad ia n oil products to tidewater, but remains plagued by legal and political uncertainties. Major transportation projects have the adva ntage of very strong public acceptance, but are proceed i ng at a much slower pace a nd smaller scale than they should in B.C. due to NDP government mismanagement and regulations. So, while there are some bright spots, we’re struggling w ith major project and infrastructure investment. A nd that is no doubt a major factor behind the worrying capital flight we’ve been seeing – with foreign direct investment outf lows from Canada outpacing inflows by large margins since 2015. We also now face the added impacts of onerous new federal environmental assessment rules, and a national political landscape where anti-development forces have a stronger position. It’s not the best outlook as we close off the year. But ICBA will certainly remain at the forefront of the push for fewer self-imposed and counter-productive hurdles, and for smoother major project pathways in 2020. Chris Gardner is the president of the Independent Contractors and Businesses Association (ICBA). www.icba.ca
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