» PROFESSIONAL SERVICES
MARCH 2018
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VICTORIA BE Awards wrapup celebrating the best of the best on Vancouver Island
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VIH Aviation Group: Local Roots With A Global Reach Multi-Faceted Aviation Company Currently Serving A Wide Range Of Markets
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VICTORIA D & H Woodworks has worked on more than 1,000 residential units
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INDEX News Update
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West Shore
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Saanich Peninsula
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Greater Victoria
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Who is Suing Whom 30 Movers and Shakers 31 Opinion 34 Esquimalt 35 Contact us: 1-866-758-2684
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ORTH SAANICH – With roots stretching back to the earliest days of rotary wing aviation in British Columbia, today’s VIH Aviation Group of Companies has evolved into a multi-tiered aviation services provider with an impact felt worldwide. “It all started with Vancouver Island Helicopters (VIH) in 1955, but over the decades the company has grown and expanded to incorporate six different but related companies within the group,” explained Didier Moinier, the Group’s Senior Vice President of Business Development. Tasked as he is with VIH Aviation’s international marketing efforts, Moinier is ideally suited for his important role within the company. Born and raised in Morocco, Moinier brings global connections, language skills and a love for aviation to his prestigious position. Learning to fly
Ken Norie is the President of the VIH Aviation Group of Companies, posing here with the company’s first helicopter helicopters in the French armed forces, he immigrated to Canada in 1975 at the conclusion of his service with the French Army, working for various aviation firms before joining VIH in 1999.
“Of course VIH Helicopters still exists, but the Group now also includes Cougar Helicopters, VIH Aerospace, VIH Execujet and YYJ FBO Services, which stands for Fixed Base Operations – created
to look after the needs of travelers and aircraft owners. Each is a separate company, serving specific markets and providing SEE VIH AVIATION GROUP | PAGE 28
Salmon Farming Means Jobs, Boost To BC Economy
Association Speaks Up To Set The Record Straight On Industry Safety And Contributions BY MARK MACDONALD BUSINESS EXAMINER VANCOUVER ISLAND
C
AMPBELL RIVER – Defender of the farms. And jobs. Lots of jobs. That’s the major purpose of the BC Salmon Farmers Association, which represents 52 members, and last year, over 6,600 fulltime equivalent jobs and $1,561.9 million worth of combined economic output into the provincial
economy. Since 2014, it has been the responsibility of Executive Director Jeremy Dunn to promote the industry and help protect it against anti-fish farm activists who are relentless in their intentions to shutter the industry. Recent antagonistic statements by new provincial Minister of Agriculture Lana Popham sent shockwaves th roughout the BCFSA membership and coastal
communities that have come to rely on salmon farming as a reliable employer that makes significant economic impact in the communities they operate. “We have many of the same ch a l lenges t h at ot her resource-based industries do in BC, but we’re up to meeting it.,” he states. “We must have sustainable practices, transparently show that these are met on an ongoing basis, and engage
with a wide range of stakeholders to communicate how we do things. BCSFA plays a role here, as do our individual member organizations. “There is a wide array of opinions about our industry in BC, a nd ou r opp onents pl ay on people’s worst fears to drive attention to their cause. We seek to be solutions based, bring SEE BC SALMON FARMERS | PAGE 16
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Victoria Airport Authority (VAA) announced that it will invest $19.4-million over the next 27 months to expand their lower passenger departure lounge. The project includes doubling the size of the existing lower passenger departure lounge, providing dedicated aircraft gates and covered walkways, new washrooms, and additional food & beverage and retail. Victoria International Airport (YYJ) saw another record year in 2017 with 1,934,832 passengers, up 4.2 per cent over 2016. In response to this strong passenger growth and the use of larger aircraft in existing markets, construction of the 1765-squaremetre addition to the lower passenger departure lounge was planned. “The upsizing of aircraft from 30-50 seat Dash8’s to 76-80 seat Q400’s combined with passenger growth has driven the need to expand our lower passenger departures lounge. The need to improve safety on the main aircraft apron and create efficiencies for passengers entering and exiting the passenger departure lounge, resulted in the airport recently completing an apron expansion that now accommodates the physical space required to expand the glass departure building north and eliminate the existing covered walkway,” explained VAA President and CEO Geoff Dickson. The airport will attempt to minimize inconvenience during construction, however travellers will notice hoarding walls, temporary pathways to and from aircraft, and regular construction activities. McFarlane Biggar Architects i n Va ncouver was selected to lead the design team and Victoria based Durwest Construction Management (DCM) will manage the project. An economic impact study to measure the economic contribution associated with the ongoing activities of Victoria International Airport was recently completed. It showed the total economic output to be $880 million and reinforced the importance of a vibrant and growing airport to the region. Since transferring to a local airport authority on April 1, 1997, VAA has invested $175 million into the airport
and is debt-free.
SIDNEY Sidney Crossing To Break Ground This Summer Omicron, the company that built Eagle Creek Village shopping centre, is set to begin construction on Sidney Crossing on the Saanich Peninsula this summer. The Victoria Airport Authority controls the land and has issued the development permit for the almost 100,000 square foot project. Included in the project are 10 buildings, with a yet to be announced grocery store chain filling the largest building of 30,000 square feet, medical services, pharmacy, retail stores, restaurants, financial services and others. The 10-acre site is located across from the downtown core of Sidney. Upgrades will include a new roundabout at Beacon Avenue West and Galaran Road, turning lanes, a pedestrian overpass and cycling paths. The Victoria Airport Authority will also be over the development. Completion is expected in mid 2019
VICTORIA Swell Source Has New Owners Swell Source has signed an agreement of acquisition for their wholly owned brand, Cascadia Board Company, to the newly formed Cascadia Board Corporation of Vancouver. Cascadia Board Company has become one of Canada’s leading water sport brands, producing stand up paddle boards, skim boards, surf boards and associated gear. Under the new ownership, company representative Jaime Perez says a wealth of business experience to support and expand the brand will be added to the team, adding “We plan to take the momentum built i n t h e Ca n a d i a n m a rket and bring these top performing and looking boards to new markets such as USA and Mexico.” Cascadia founder and Swell Source president,Jeff Zamluk will oversee the successful transition of the brand and remain as a consultant. Both Swell Source and Zamluk have been involved in action sports since 1998 through
brands such as Zed Skimboards, Forbidden Snowboards, and Lochside Cycles. Over the years, Swell Source has provided its customers with custom designed and built products, managing supply chain from conception to delivery. Zamluk is looking forward to focusing on the contract manufacturing side of the business. “My passion is for products. It will be nice to take a step back from brand building and just focus on making the best possible products I can for our customers”. The acquisition has been scheduled prior to the release of Cascadia’s 2018 line, which will start arriving at retailers April 1.
High Demand Remains for Real Estate VICTORIA - A total of 431 properties sold in the Victoria Real Estate Board region this January, 9.8 per cent fewer than the 478 properties sold in January last year. The sales of condom i n iu ms were dow n 30.6 per cent from last year in January - with 118 sold. Single family homes were 4 per cent down from the previous year, with 215 selling in the first month of 2018. “We expected January to be a bit slower after the increase in activity we saw in November and December, which was likely due in part to buyers entering the market early to avoid the new mortgage stress test,” says 2018 Victoria Real Estate Board President Kyle Kerr. “We have yet to see the full effect of the stress test, as many people attained a 90 -120 day pre-approval before the test became required January 1. We won’t know how much that stress test will affect the spring market until we see the numbers, and spring is also the time when sales traditionally pick up.” There were a total of 1,491 active listings for sale on the Victoria Real Estate Boa rd Mu ltiple Listi ng Service at the end of January 2018, an increase of 7.7 per cent compared to the month of December and 1.6 per cent fewer than the 1,516 active listings for sale at the end of January 2017. The Multiple Listing Service Home Price Index benchmark value for a single family home in the Victoria Core in January 2017 was $761,100. The benchmark value for the same home in January 2018 increased by 9.3 per cent to $831,900, slightly higher than SEE NEWS UPDATE | PAGE 3
NEWS UPDATE
MARCH 2018
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December’s value of $823,800. HPI benchmark value for a condominium in the Victoria area in January 2017 was $375,300. The benchmark value for the same condo in January 2018 increased by 20.1 per cent to $450,600, which is slightly higher than December’s value of $445,000.
COLWOOD Work Begins on Colwood Corners Development The Onni Group has received initial building permits for the highly anticipated Colwood Corners development at 1913 Sooke Road in Colwood. Onni will begin work on the site immediately, an exciting move towards elevating the vibrancy of the Colwood community. The initial building permit encompasses overall site, civil, and landscape preparation, and serves as a precursor to Building Permits for buildings one to four. Onni anticipates additional building permits to be issued later this year. “We are happy to share that progress is underway with the development of Colwood Corners,” says Rodney Rao, Development Manager for Onni. “The community has been eager to see Colwood Corners come to life, so the commencement of activity on the site will serve to keep excitement growing with what’s to come.” The first phase of Colwood Corners will comprise three mid-rise residential buildings and an additional 152,000 square feet of commercial space housing four anchor tenants, including one major grocery store.
LANGFORD Royal Roads, Langford Sign Partnership Royal Roads University and the City of Langford have signed a memorandum of understanding (MOU) to explore opportunities for education in the West Shore. City of Langford Mayor Stew Young says the memorandum of understanding is a critical step to bring more education options to Langford and the West Shore. “I’ve long advocated for increased post-secondary education opportunities in Langford,” said Mayor Young. Royal Roads President and Vice-Chancellor Allan Cahoon says t he MOU ack nowledges t he longstanding relationship between the university and the City of Langford. “Part of the university’s mandate, specifically mentioned in the Royal Roads University Act, is to address the educational needs of our local communities,”
says Cahoon. “As the only public post-secondary institution located in the West Shore, Royal Roads is committed to work with Langford along with other West Shore communities to support their development and growth needs.” The memorandum of understanding identifies several areas of collaboration and exploration that will result from the agreement. This will include applied research, community-focused education and educational services that support the needs of the West Shore. The partnership will also prioritize meeting the educational needs of local Indigenous communities and international students. Through the agreement RRY and the City of Langford will partner on work integrated learning opportunities; opportunities in the sustainability and technology sectors; and community development initiatives. The five-year agreement sets the foundation for future cooperation and collaboration between Royal Roads University and the City of Langford.
VICTORIA Concierge Service For New Victoria Marina A unique concierge service that will bring Victoria area attractions within easy reach of visiting boaters was unveiled by the new Victoria International Marina during Vancouver’s annual boat show. The new service will offer the services of an on-site concierge team to meet visitor requests. If guests want to tee off from their yacht to an iconic oceanfront golf green, helicopter from their slip to a high-performance motorsport track mere minutes away, or host a VIP reception at the marina, the concierge team will manage every moment of the process. The service is part of the luxury welcome for guests at this new 28slip facility, which is designed for superyachts between 65 and 175 feet. The Victoria International Marina is now in the final stage of construction and will open in May. The marina includes an amenity building that features a crew lounge, reception lounge, and business centre. The Boom & Batten, an on-site restaurant partner, will serve international and coastal fusion cuisine. Additional on-site amenities include state-of-the-art security and technology, Wi-Fi, and the 24/7 concierge services to ensure marina visitors explore all that is available within British Columbia’s capital city and around the region. The marina will feature slip-level customizable LED lighting, 24” stainless steel cleats spaced every 15 feet, and a four-inch D-bumper finished with polished yellow cedar. Power, in the form of 120 volt, single-phase power, and hook-ups for water and sewer will
be available at every slip. The Victoria International Marina (VIM), is the flagship property for Community Marine Concepts Ltd., which was founded in 2015 to showcase the Pacific marine lifestyle and unmatched hospitality.
VICTORIA Innovators to Compete for Big Prize The South Island Prosperity Project (SIPP) Open Innovation Challenge received 69 quality submissions in its landmark opportunity to create ‘smart’ solutions for economic growth and has pared those down to 10 finalists for the three $15,000 prizes. If implemented, organizers expect these ideas to make the South Island a smarter, more liveable and sustainable place. This project is part of Smart South Island, a region-wide collaboration of stakeholders and local governments. SIPP is leading the South Island region’s participation in the Canadian Smart Cities Competition, competing for $10 million in Federal funding. “These Innovation Challenge submissions represent a deep understanding of our future sustainable prosperity,” says Emilie de Rosenrol, Chief Executive Officer of SIPP. “They will contribute
to creating innovation within the Smart South Island key priority areas of: Transportation and Mobility, Housing and Affordability, Human Health, Environmental Heath, and Economic Resilience and Inclusion.” An adjudication committee, headed up by Jamie VanDenbossche, Associate Director of Camosun Innovates, selected the 10 finalists from the 69 submissions. The finalists will present their concepts at a free public event on March 11 at the University of Victoria. The finalists for this year are Victoria Carpool Program; Harvesting Abundance in the Urban Orchard; Leisure Access Victoria App (LAVA); South Island Food Processing and Distribution Facility; Green City Initiative: Leveraging Analytics to Drive a Green City; HomePod: Personal Mobile Homeless Shelter; the AIM Project - Providing Equality Access for All; ElderConnect Wellness Navigation System; Nal-Pal: Notification for Naloxone Volunteers; and CABOOST. Three winners will be chosen from the finalists to receive $15,000 to support their plan. The public is encouraged to attend the Smart South Island Innovation Challenge event at Flury Hall, in the Bob Wright Building at the University of Victoria on Sunday, March 11th, at 2:00 pm. The event is free to the public, and attendees will be given the opportunity to vote for their favourite
3 presentations.
VICTORIA Treatment Facility Contract Signed T h e Capita l Reg iona l District (CRD) has entered into a contract with Hartland Resource Management Group to design, build, finance, operate and maintain the Residuals Treatment Facility over a 20-year term. T h e c o nt ra c t i s p e r fo r mance-based, with payment tied to the quantity of residual solids treated. The capital cost of the Residuals Treatment Facility is $126.8 million. Hartland Resource Management Group was selected by the CRD through a competitive selection process and is a consortium of experienced firms including: Bird Construction Inc., Maple Reinders PPP Ltd. and Synagro Capital. The Residuals Treatment Facility is being built as part of the Wastewater Treatment Project. Residual solids from the McLoughlin Point Wastewater Treatment Plant will be piped to the Residuals Treatment Facility at Hartland Landfill, where they will be treated and turned into what are known as Class A bio-solids. The bio-solids produced at the SEE NEWS UPDATE | PAGE 6
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t this time of year, the BC Chamber of Commerce is planning for its 2018 Annual General Meeting and Conference in May. An integral part of this is the review and creation of policy for BC Chamber members to discuss and vote on, determining the advocacy efforts for the year ahead. Policy gets a bad rap as boring and bureaucratic. T he streng th of the BC Chamber’s approach to policy is that it is developed at the grass roots level rather than a top down approach – innovative not bureaucratic. Chambers of Commerce, businesses and partners drive the creation of policy based on concerns,
trends and issues manifesting in BC communities. If adopted by the membership, these policies form the basis for the BC Chamber’s conversations with the provincial government, as well as intersecting with the work of the Canadian Chamber of Commerce to influence federal policy. So how do i nd iv idua l Cha mbers k now what a rea s shou ld t ra n sl ate into policy? This happens in a variety of ways. Some Ch a mb ers h ave act ive policy committees. Others hold regular roundtables with community stakeholders. All of us keep an eye on the news, and interact with our members. We are at our strongest when members and partners pick up the phone to us, and keep us in the loop. There are also tools that help inform and advise our discussions. From October to November 2017, the BC Chamber ran its “Collective Perspective” survey, inviting business owners and CEOs across the province to provide feedback on the current business climate. The assessment of the survey was
that “individual business optimism is high, and the outlook over the next five years is still of growth, but housing affordability, trade with China, and the Kinder Morgan Pipeline are top of mind for many people.” There was also real concern expressed about the impact of both federal and provincial taxes, especially after the federal government approach to business taxation last year. As with many things in life, talking to one another is key to making a difference. If you want to talk about influencing policy from a WestShore perspective, I invite you to give me a call at 250-478-1130. You can check out www. bcchamber.org for further information on policy development and the Collective Perspective Survey Report. For more information on the WestShore Chamber of Commerce, please go to westshore.bc.ca Julie Lawlor is the Executive Director at the WestShore Chamber of Commerce. You can reach her at jlawlor@ westshore.bc.ca
INDUSTRY TOUR: GEMS IN OUR OWN BACKYARD
SAANICH PENINSULA DENNY WARNER
W
e have organized tours of businesses on the Saanich Peninsula now for 9 years for our Tour of Industry. To date, we have visited approximately 36 of them and the Tour remains one of the most popular activities we undertake, for several reasons. The first reason is that many of the businesses we have been privileged to see over the years are leaders in their field but do not have clients or customers in this area. They have developed
ground-breaking technology, innovative products or services and yet little is known about them at the local level. It is like a treasure hunt uncovering these gems in our own back yard. Another reason we know so little about many of these businesses is that business leaders are busy! Their work day extends far beyond the hours their employees work. It is not on their priority list to let the wider community know the fantastic nature of their operation. We never have an issue with businesses agreeing to open their doors to us despite the challenges present in shepherding almost 60 people at a time through their work areas. We present them with an audience of community leaders eager to hear their story and they are pleased to have the opportunity to brag, at our request, about their success. When the Tour ends, our guests frequently express two main themes for why it was a valuable use of their day: they learned fascinating features of each of the
businesses toured and they often had not anticipated the quality of interaction they would experience with their fellow guests. The Tour of Industry is networking on steroids. Imagine a moving mixer attended by participants who are leaders in their own areas of influence. Kind of like speed dating with a different seat mate en route to each new destination. There are a few other reasons the franchise has prevailed: we throw in a meal with a guest speaker, we have stellar organizations that step up every year to sponsor, and, crucial to the event’s success, we have an embarrassment of industrial riches on the Saanich Peninsula and have yet to exhaust our possibilities for interesting, successful enterprises to tour. Denny Warner is Executive Director of the Saanich Peninsula Chamber of Commerce. She can be reached at 250-656-3616 or execdir@peninsulachamber.ca
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MARCH 2018
Mike Richardson New President Of Truck Loggers Association Advocacy Group Celebrating Its 75th Anniversary BY DAVID HOLMES
V
ICTORIA – Mike Richardson was elected President of the Board of Directors of the Truck Loggers Association (TLA) at its Annual Convention and Trade Show, held January 17 - 19 in Victoria. Hosted at the Fairmont Empress Hotel and Victoria Conference Centre, the industry event also included the forest industry association’s Annual General Meeting (AGM). This year was especially significant for the TLA as it also commemorated the industry advocacy and support group’s 75th anniversary as an incorporated entity. “The TLA came originally out of a need for a few individual forestry companies to have a collective voice, in a forest industry that was much different from the way it is today,” explained David Elstone, the Truck Loggers Association’s Executive Director. “Back then there were many small companies that simply didn’t have the time to advocate and who operated very independently. But in time they realized that a collective voice would be needed to make changes and to address the issues of the day that
were impacting the fledgling independent logging companies. The TLA is the result of that need as the industry transitioned from the days of the big timber barons to smaller, independent operators.” The origins of the Truck Loggers Association can be traced back to 1939 when small scale operators on Vancouver Island began to discuss their need to have a voice in industry and government decisions around forestry. The production pressures created by the Second World War only added to those pressures, in part due to equipment and manpower shortages engendered by the war effort. The Truck Loggers Association of BC was officially incorporated in 1943. “The move from an age when rail was used to transport timber to that of mechanization in the industry was the catalyst that spurred the development of the Association. People see the word ‘Truck’ in our name and think we’re truckers, but it’s really all about the mechanization of the forest industry, as steam went out and trucks and bulldozers and the other equipment common today were being introduced,” Elstone
“The TLA came originally out of a need for a few individual forestry companies to have a collective voice.” DAVID ELSTONE EXECUTIVE DIRECTOR, TRUCK LOGGERS ASSOCIATION
Mike Richardson was elected president of the Truck Loggers Association at its AGM held in Victoria explained. The Annual Convention and Trade Show is one of the Association’s yearly highlights as it brings together industry leaders, keynote speakers, a companion trade show highlighting new trends and products to support the sector, and the election of a new Board of Directors. The Immediate Past President of the TLA was Jacqui Beban, who was the Association’s first female President. Others elected to the Board in Victoria were its Vice
President Bill Nelson and Directors Sig Kemmler, George Lambert, Tim Lloyd, Dave McNaught, Brian Mulvihill, Clint Parcher, Mark Ponting, Aaron Service, Barry Simpson, Doug Sladey, Carl Sweet, Dorian Uzzell, Lawrence Van De Leur, Matt Wealick and Adam Wunderlich. While its origins are Vancouver Island based, the Truck Loggers Association currently has a membership of nearly 500 that spans the province and includes independent timber harvesting contractors, independent sawmills, small tenure holders, industry suppliers and even some municipal governments. The T LA’s membership supports
thousands of workers and its members, along with other independent contractors in BC, harvest nearly 90 per cent of the trees harvested in the province. To help commemorate its 75 th anniversary, the TLA produced a new book entitled: Timber Forever! - using the Annual Convention to formally launch the new publication. The historical retrospective was created to help tell the ongoing story of the province’s first and currently largest logging contractor association by detailing the activities and achievements of its 40 past presidents. Now into his fourth year as the TLA’s Executive Director, Elstone says the need for the TLA and its collective voice as an advocate for its membership is greater today than ever, due to a lack of contractor sustainability, changing market trends, an aging workforce and a host of other factors. “The TLA has been punching above its weight for the past 75 years. Independent timber harvesting contractors are the economic backbone of communities across BC and we’re making sure the voice in those communities is heard,” he said. www.tla.ca
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t’s been 155 years since Victoria’s Chamber of Commerce began advocating for our region’s econom ic prosperity and building good business. Starting with only 4 4 members when we launched on February 9th, 1863, one of our first goals was making sure our city benefited from the Caribou Gold Trade. We’ve led the charge on a few issues since. We were part of the early development of Greater Victoria and Canada’s Pacific coast by pressing for a stea msh ip l i n k to Asia, as well as improved steamer service to California, Hawaii, New Zealand and Australia. In 1895, The Chamber helped make Victoria the top out f itt i ng por t for Klondike gold miners. In 1903, Victoria’s Chamber entertained delegates from across the British Empire. This was an early example of promoting our region as “open for business.” T hat sa me yea r, we lobbied the Canadian Pacific Railway to build a large hotel in Victoria. Five years later, the Empress opened. Over the course of The Chamber’s existence, we have fought to preserve t he loc a l sh ipbu i ld i ng industry (1919), backed pla ns to rehabi l itate armed forces personnel
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facility will be a high quality dried product that will look similar to granules of dark ash and will be suitable for several beneficial reuses, including as an alternative energy source. The beneficial reuse will be determined by the CRD through a separate competitive selection process. Artist rendering of proposed treatment plant.
• Thursday, March 15 Marketplace Mixer 5 to 7 pm @ Delta Victoria Ocean Pointe Resort & Spa
• Thursday, March 22 Social Media Series: Creating Video Content with Steve Dotto @ The Chamber
so they could rejoin the w o r k fo r c e (19 4 6) a n d challenged the Province to fast track road work on the Pat Bay Highway (1990) and more recently the McKenzie Highway Interchange (2016). We supported the transfer of the Victoria International Airport to local control and management (1997), and advocated for local businesses by urging the city to allow 90-minute parking at meters, rather than 60 minutes (2001). In 1978, the region’s first Economic Development Commission was created a f ter T he Ch a mb er presented a brief to the Capital Regional District. The goal was to identify what can be done to create opportunities in our region. However, over the decades, it became clear that not just business but the many municipalities had to embrace a regional approach to economic development. This drove The Chamber and its members to take a new approach. We led the d iscussions and meetings between the 13 municipalities and key regional stakeholders that ultimately resulted in the creation of the South Island Prosperity Project in 2016. The Chamber has been a constant advocate for better governance through fewer governments in an effort to reduce the frustration busi nesses feel
about the duplication of services and lack of accountability that comes with trying to operate in a patchwork of municipalities. We are happy to report that, just last month, the mayors of Victoria and Saanich jointly requested that the Province establish a Citizens’ Assembly to identify workable options for improving local governance. It may be the start of a real solution. There is plenty to celebrate about our history, but we know there is much more work ahead. Our now 1,400 members have been loud and clear that they want us to speak out about the big challenges facing our region. Right now, that means doing what we can to advocate for employers having difficulty attracting and retaining employees in our low unemployment, high cost region. We w i l l c o n t i n u e t o work productively with our members, other community stakeholders and governments of all levels to help deliver the services and solutions Victoria needs and in 2173, we hope to celebrate another 155 years of Building Good Business.
Located within the footprint of the Hartland Landfill in Saanich, the facility site was selected in 2013, after an assessment of potential locations that included technical, environmental, social and economic considerations. All treatment processing tanks will be covered and odour control systems will ensure there is no discernible odour in the community from the facility. Noise from the facility will be minimal and
will comply with District of Saanich bylaws. A community engagement plan will ensure the su rrou nd i ng com mu nity have advance notice of construction activity. Communication tools will include: project information line phone number, email, social media, website, community updates, construction bulletins, traffic media updates, door-to-door
Catherine Holt is the CEO of the Greater Victoria Chamber of Commerce. 250-383-7191, CEO@victoriachamber.ca, www.victoriachamber.ca
SEE NEWS UPDATE | PAGE 35
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MARCH 2018
BUSINESS SUCCESS LINKED TO EFFECTIVE ONLINE PRESENCE Tim McGrath: Photographer Stresses Importance Of Website Functionality
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ANAIMO – For professional food photographer and corporate marketing consultant Tim McGrath, a firm’s online presence is an increasingly vital part of any company’s marketing efforts. For McGrath, the owner of ITSFood.ca, a functioning website, one that is responsive and can be viewed on any Internet-friendly device, is a crucial first step for any enterprise, food-based or otherwise. “Any website today has to be mobile-friendly. In many cases the people who are going to check out a restaurant’s website might be out and about already so it’s important the website can be viewed on a Smartphone,” he explained. “Really there are two types of customers. The digitally-aware customers who will be exploring the online world and the traditional customer who wants the real world experience. You have to try and find the marketing balance between the two to ensure your marketing efforts reach the widest audience possible.”
The use of imagery that affects the senses, such as stimulating hunger, is a vital part of any online marketing Professional photographer and marketing consultant Tim McGrath says a modern website has to be responsive
“The pictures have to have emotional impact, have to compel the viewer to want to stop by.” TIM MCGRATH OWNER, ITS-FOOD.CA
The central purpose of any business marketing campaign is to attract new customers, especially for a restaurant For McGrath having a company website that is both elegant and functional is a key to any future growth. Amateurish, difficult to navigate or simply boring websites might have been acceptable a decade ago, but will be a genuine turn-off to today’s web-savvy audience. For him it’s more important than ever for a business to hire professionals to help design, build and host their corporate presence. “The days of letting your teenage daughter or your brother inlaw build your website for free are over if you want to get positive attention in today’s information-saturated world. There’s just too much other online competition out there to cheap-out
PV EVENTS ORGANIZES MULTIPLE CONSUMER TRADE SHOWS IN BC & IN ALBERTA “Whether that is a Victoria Women’s Expo Coming To Pearkes Recreation Centre
business, community organization or the consumer, a busy fun
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ICTOR I A – Consu mer Trade Show events are one of the ultimate examples of the proven business concept of ‘target marketing’ brought to life – and Virginia Ritchie should know. Involved in the event planning industry for 20+ years Ritchie, co-owner and Producer of the Victoria Women’s Expo as well as five other Events in BC and Alberta each year, her company PV Events Inc., is the creative force behind Western Canada’s Premier Consumer Trade Shows, with themes ranging from health and women to baby and pets. PV Events was formed in March 2011. Ritchie took over three natural Health Events, and since has grown the company to include three more events: Victoria Women’s Expo coming up March 17 and 18, Vancouver Island Pet Expo April 14 and 15 and a Baby & Family Fair in Vancouver. All Victoria events are held at Pearkes Recreation Centre. “For the Women’s Expo the theme this
event is a win-win for everyone involved.” VIRGINIA RITCHIE CO-OWNER, PV EVENTS INC.
year is all about today’s amazing women – focusing on empowering each other in business, in relationships, in the community, and within our families. Whether a career Mom or a CEO of a company and everything in between,” Ritchie said. “What we all have in common is that we are all different. Our sponsors are PowHERhouse – ‘we build strong women who lead’ and Ageless Living – ‘your best self at every age’ for all women to embrace their own BeYOUtiful YOU!” T rade shows a nd consu mer events are a huge industry in Canada, responsible for in excess of $1 billion in revenues annually and directly employing more than 7,500 people and involving
nearly 1,300 companies across the country, according to research produced by IBIS World, a leading statistical firm. For Ritchie trade shows are beneficial for large corporate business, home-based businesses, community organizations, etc. as it allows vendors to directly interact with a targeted customer in a setting that encourages a relaxed atmosphere for discovering how to live their best life. Ritchie is passionate about each event she produces and believes in their value. “Consumer Trade shows offer some of the best value for your marketing dollar – putting you in front of a targeted audience to promote your business, test marketing, selling and educating consumers,” she explained. “For consumers it is an opportunity to park once and visit over 100 booths – businesses, local community organizations, stage presentations, shopping, prizes, and mostly – to have a lot of fun,” she said. “With a corporate motto of: Your Success is our Success, our success really is others succeeding, it’s collaborative. Whether that is a business, community organization or the consumer, a busy fun event is a win-win for everyone involved.” www.victoriawomensexpo.com
when it comes to acquiring a website,” McGrath said. In addition to being responsive, an effective website for a restaurant needs to have compelling content – making use of sparse but informative text to help entice customers through the business’s doorway. Using effective Search Engine Optimization (SEO) techniques when crafting the text is also essential, as being easily found is essential for any successful website Of course, having been a professional photographer for more than a decade McGrath also says the use of exciting, mouth-watering imagery is also vital. “The pictures have to have emotional impact, have to compel the viewer
to want to stop by. Basically the photos have to make you hungry. If the food you showcase online doesn’t get you salivating, then you’ve failed. Images have to draw the customers in, they must generate that positive emotional response to entice them to your business,” he said. B e i n g w i l l i n g to a d a p t to changing tastes and market conditions is another central tenant in McGrath’s vision for effective marketing. “If a neighbourhood that was once populated by seniors is now dominated by young families a restaurant has to be prepared to change its focus to match the needs of its potential audience. Marketplace awareness is yet another important tool in a business’s marketing toolkit,” he said. www.its-food.ca
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MARCH 2018
PROFESSIONAL SERVICES Professional Services Offer Clearer Path To Success Professional Service Providers: It’s Their Business To Help Your Business BUSINESS EXAMINER STAFF
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orkplace laws and tax ordinances are consta ntly cha ngi ng. That’s why professional service providers help, with trained specialists who keep up with these changes, allowing businesses to focus on what they do best. Many small to medium-sized enterprises lack the man-power and funds to hire full-time lawyers or financial service providers, and must look elsewhere for help. Professional service providers qualify as one of the most indispensable resources for these companies. Helping other businesses is their business. As someone once said, “If you think it’s expensive to hire a professional, wait until you hire an amateur.” It’s possible for individuals to represent themselves in legal matters, sell their own home, or do their own taxes. However, each of these tasks involves heavy legal and financial risk, especially for those with limited knowledge in the relevant field. Professional service providers offer the expertise needed to minimize this risk. “Currently, passive income in a corporation attracts a very high tax rate of 50.67 per cent,” says Stephen Struthers of Struthers Wealth Management in Nanaimo. Business owners often lack the intricate knowledge of tax law needed to maximize their passive income, and financial advisors can help. They work with their clients and other professional services to form a plan to shelter income and allow investors to access funds in the most tax-efficient way possible. Struthers points out that many business owners tend to invest so much time in their company’s operations that they may neglect handling their personal finances. “One client came to us who was nearing retirement,” he says. “We helped him form a comprehensive retirement plan, determining how much income he needed throughout their life. “Upon death, lots of those investments are subject to a high tax rate, so we worked with him to restructure investments in a way that sheltered a majority of income from taxation, and
Clients of professional service providers can be assured of an adherence to a set standard of conduct and ethics
“Part of being a professional is recognizing that you’re going to be viewed as the best that you can be.” JIM STEWART PRESIDENT, BRITISH COLUMBIA REAL ESTATE ASSOCIATION
converted those investments to a tax free disposition – a benefit paid out of the corporation upon his death.” A financial advisor works to understand the tax laws of the day so their clients don’t have to. Like with most professional services, the cost of hiring a professional pays for itself by freeing up business owners to invest their time in their own areas of expertise. Professional service providers adopt regulated industry standards in order to remain effective in their field. In legal matters, the Law Society of British Columbia has governed the province’s legal practitioners since 1869 with the goal of protecting the public interest in the administration of justice by setting and enforcing standards of professional conduct for lawyers. “The Law Society’s mandate is to protect the public. We do
Jim Stewart is President of the British Columbia Real Estate Association this by setting and upholding standards for the education, professional responsibility and competence of practicing lawyers,” explained Herman Van Ommen, QC, President of the Law Society
in the Winter 2017 edition of the Bencher’s Bulletin – the Society’s newsletter. “Perhaps the most public-facing SEE PROFESSIONAL SERVICES | PAGE 9
PROFESSIONAL SERVICES
MARCH 2018
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DOWNTOWN | WESTSHORE | SAANICH
Working with a professional assures the client that the service provided will be of a high and consistent quality
PROFESSIONAL SERVICES CONTINUED FROM PAGE 8
way we fulfil our mandate is through our Professional Regulation Department. The department handles complaints against lawyers, investigates possible lawyer misconduct and incompetence, takes custodianship of lawyers’ practices when they are unable to practice, conducts discipline cases and takes action against those engaged in the unauthorized practice of law. All of this work is integral to our status as a self-regulating profession.” Having the power and t he responsibi l ity to regulate its membership is one of the many roles of the Chartered Professional Accountants of British Columbia (CPABC) an organization charged with overseeing the accounting profession in British Columbia. “We regulate our members, we make sure they’re properly educated, we bring students up through the program and ensure they have the appropriate training and once they’re th roug h thei r tra i n i ng they become subject to our regulatory regime,” explained Lori Mathison the President and CEO of the CPABC. Responsible for more than 32,000 Chartered Professional Accountants (CPA) and nearly 7,000 students in British Columbia, the CPA BC was also created to protect the public through its ethical standards and discipline processes. “The regulatory side is one half of what we do. The other part of what we do is to provide services to our members and students to help ensure that
Herman Van Ommen QC is President of the Law Society of British Columbia their professional obligations are being met,” she said. Another factor that separates professionals from workers is the commitment to formal education that practitioners are willing to undertake – often entirely at their own expense. For example to become a medical doctor in Canada an individual must be prepared to complete no less than eight years of undergraduate studies and medical school instruction followed by residency within a medical institution that could last for up to seven years. L i ke w it h m a ny professions accountants are required to maintain predetermined educational levels, w ith ongoing cou rsework a requ i red
part of their continued accreditation. “There are annual professional continuing education requirements that have to be met,” Mathison said. “But in addition to that CPAs also have to complete a regular four hour ethics requirement every three years – they need to prove that they’ve taken a nd pa ssed t he necessary courses in ethics on a regular basis in addition to their more general continuing professional development.” “What separates a career from a job is that to be a professional you have to continually upgrade your education, and certainly education is a big part of the practice for a ny SEE PROFESSIONAL SERVICES | PAGE 10
Is It Time To Explore An Individual Pension Plan (IPP)? The Individual Pension Plan (IPP) is the most tax efficient retirement savings vehicle available in Canada today. If you are: 1) Over 40 2) Earning Over $125,000/year 3) An Incorporated Business Owner or Incorporated Professional Please contact us to arrange a complementary, no commitment, written IPP analysis. www.hillyardstephen.com | 1-250-356-4826 hillyardstephengroup@rbc.com The Hillyard Stephen Group of RBC Dominion Securities Serving Southern Vancouver Island 500-730 View Street, Victoria, BC
Wealth Management Dominion Securities
RBC Dominion Securities Inc.* and Royal Bank of Canada are separate corporate entities which are affiliated. *Member CIPF. *Registered Trademark of Royal Bank of Canada. Used under license. RBC Dominion Securities is a registered trademark of Royal Bank of Canada. Used under license. Copyright 2018. All rights reserved.
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PROFESSIONAL SERVICES CONTINUED FROM PAGE 9
Ready for Retirement?
What will your retirement look like? Please join us for a luncheon workshop where we will examine the three big questions for retirement readiness:
• How much do you need? • How much can you spend? • Are you on track? The workshop will be facilitated by Luke Kratz. Luke is a retirement specialist and MoneySense® Approved® Financial Advisor who has been listed to Wealth Professional Magazine’s list of “Canada’s Top 50 Advisors” for four consecutive years. EVENT DETAIL:
Date: Wednesday, March 14th, 2018 Time: 12:00 - 1:15 pm Location: CIBC Private Wealth St. Andrews Square, 9th Floor 730 View Street
RSVP by calling 250-361-2261
Guest speaker: Luke Kratz, CIM, FMA
Vice-President, Portfolio Manager CIBC Private Wealth Management
“CIBC Private Wealth Management” and “CIBC Private Banking” consist of services provided by CIBC and certain of its subsidiaries, including CIBC Private Investment Counsel, a division of CIBC Asset Management Inc.; CIBC Trust Corporation; CIBC Wood Gundy, a division of CIBC World Markets Inc., and CIBC Investor Services Inc. (“CISI”). CIBC World Markets Inc. and CISI are both Members of the Canadian Investor Protection Fund and Investment Industry Regulatory Organization of Canada. CIBC Private Wealth Management services are available to qualified individuals. Insurance services are available through CIBC Wood Gundy Financial Services Inc. In Quebec, insurance services are available through CIBC Wood Gundy Financial Services (Quebec) Inc. The CIBC logo and “CIBC Private Wealth Management” are registered trademarks of CIBC. Clients are advised to seek advice regarding their particular circumstances from their personal tax and legal advisors.
FKDUWHUHG SURIHVVLRQDO DFFRXQWDQWV Located next to Capital Iron in Sidney, we are a full service accounting team of four CPAs plus supporting staff. We prepare personal and corporate tax returns, company audits and small business year ends, and provide bookkeeping, training, Eldercare and executorship services. We focus on the future, working with our clients to plan their success. Please check out our website!
#7 – 9764 Fifth Street Sidney, B.C. V8L 2X2 phone: 778-351-3737
fax: 250-656-2382 admin@sidneycpa.com www.sidneycpa.com
professional. Maintaining your educational standing is a big part of it, as is being required to adhere to a predetermined and recognized code of ethics in your dealings is another – whether you’re a doctor, an engineer or selling real estate,” explained Jim Stewart, the President of the British Columbia Real Estate Association (BCREA) Board of Directors. “The courts see REALTORS® as professionals in the same lens as they do lawyers, accountants and others. Following the precepts of your profession is essential – if you’re a law yer and get called before the bar because of an issue you could be in trouble. Essentially any professional that violates their specific code could find themselves stripped of the right to practice their chosen vocation.” So what jobs are considered profession s i n modern society? Those vocations that operate under the auspices of an umbrella organization could be one benchmark, as is the required commitment to a stated code of conduct or ethics. “Part of being a professional is recognizing that you’re going to be viewed as the best that you can be. Because you’re a professional you deal with your clients in a professional manner and you expect your peers to operate in the same way,” Stewart said. “I f you do someth i ng wrong or in violation then your peers are going to call you out on it. Censure could come from any number of causes. It could be because of unfair advertising, or trademark infringement, or it could
Lori Mathison is the President and CEO of the Chartered Professional Accountants of British Columbia even be how you treat other R EA LTORS®. T here’s a reason why, in any profession there are really good ones, and those that are not so good.” Fo r t h e p ro v i n c e’s accou nta nts, a nd for many other professional vocations, the standards of training and ethics they must maintain have to be comparable not merely to their regional peers, but measurable on an internationa l level. “I n ou r world, in the accounting world, we are trying to always ensure our standards at least equal international accou nti ng sta nda rds, w h i c h a r e c o n s t a n tly changing,” Mathison explained. “We want to make sure that we are at a minimum at that level – if not superior to that. So those changes are happening constantly.
There’s a need, not merely that you know the new standards, but that you’re current on a whole range of things.” P ro fe s s i o n a l s e r v ices and the practitioners that deliver them are vital components of any economy. By being registered through sector associations, by unflinching adherence to strict codes of conduct and ethics and through ongoing education the province’s professionals are delivering services and products the equal of those provided anywhere in the world. “A lot of it all comes down to how you operate your business. If you don’t act like a professional, and deal with your clients in a professional manner you’re probably not going to have much of an income,” Stewart said.
For an individual to be classed as a professional they are typically required to be continually upgrading their skills
PROFESSIONAL SERVICES
MARCH 2018
HAVE YOU BEEN OFFERED A SEVERANCE, VOLUNTARY DEPARTURE OR EARLY RETIREMENT PACKAGE?
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n to d a y ’s e c o n o m i c e nvironment, severance and early retirement programs are becoming commonplace. I f you a re offered a term i nation incentive or severance package you should seek advice to help you evaluate the offer and explore the financial implications. A qualified financial planner can help you and should be able to refer you to other professionals such as accountants, lawyers, bankers and career transition consultants as needed. Your financial planner should help you assess the package and address the following areas: Impact on your family – Financial issues and income uncertainty can be a challenge, especially if you may be facing post-secondary education costs for ch i ld ren a nd other la rge continuing expenses such as a mortgage. Assessing your current spending habits – Complete a written budget that will assist you in tracking your current monthly expenses and give you a better idea of what you require to live on each month. You may decide to impose some spending
restrictions and consolidate debts to reduce interest costs. Ta x planning – R R SP contribution limits and use of the “retiring allowance” rules can allow you to defer much of the income tax. Proper planning in this area is essential, as some of these tax-planning opportunities will only be available during the year of severance. Re v i e w a ll i n c o m e so urc e s and assets – This will help determine any shortfall in your family income requirements. Other assets, such as RRSP’s, TFSA’s or savings can be used to produce income. It is also prudent to review your investments to ensure that they are invested properly, as your risk tolerance may have changed as a result of your new employment status. Group be nef it re place me nt – You may requ i re persona l health, dental, life, and critical illness insurance coverage to replace employee benefits. Consider applying to become a dependent under your partner’s group plan for benefits such as health, dental and life insurance. Some coverage, such as disability insurance, will be
discontinued because you are no longer employed. Pension Considerations – One of the most important financial decisions that you make will be your pension choices, because the decision you make is perma nent a nd ca n not be changed after election. All the choices affect the income provided by the pension and need to be assessed carefully. If you are not at pension age yet, you may elect to have a deferred pension or take a “commuted value” out of the plan to rollover to you r ow n locked-i n RRSP. Using the services of a qualified financial planner will ensure that you get the most out of your severance or early retirement package. Proper planning and advice will go a long way toward your peace of mind as you go through the process. This article is written by Robin Muir, CFP, CLU, CH.F.C., managing partner at Hatch & Muir LLP. The firm specializes in severance, voluntary and early retirement packages. More about the company at www.hatchmuir.com/
BUSINESS MANAGEMENT METHODS APPLIED TO INVESTMENT PLANNING “In times of The Schenk Group at Scotia Wealth Management: Helping Clients Plan For Tomorrow
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ICTORIA – All business owners have the practical skills and principles required for the successful management of their business. Unknown to some, many of these principles can and should be applied to portfolio management for the effective growth and protection of your investment portfolios. Let us explain. In a business, the job of employees is to create value and produce profits. In a portfolio, the job of stocks or other assets is to create value and produce maximum returns. A Business owner (BO) identifies recruits and hires workers he or she believes will add value to the firm’s bottom line. A Portfolio Manager (PM) buys stocks and bonds that he or she
adversity, we will position your portfolio to weather the turbulence.” PETER SCHENK PORTFOLIO MANAGER, SCOTIA WEALTH MANAGEMENT
believes will add value, in the form of strong risk-adjusted returns, to the investor’s portfolio. Both employees a nd stocks can experience short term difficulties, but when either is headed for a longterm performance decline, the workforce must be refreshed. This can keep your company and your portfolio strong and productive. A B O ne e d s a p e ople management system that allows him or her to detect measure and analyze when any aspect of the employee is drifting into underperformance. A PM needs a
risk management system that allows him or her to detect measure and analyze when risk surges and outweighs expected return. A rmed with these effective management principles, a BO and a PM are able to optimize their business functions to improve competitiveness and profitability. Unfortunately, traditional ‘wisdom,’ particularly proponents of the ‘Buy-and-Hold’ mantra, runs in the face of these practical principles and can be a detriment to your wealth plan The Schenk Group at Scotia Wealth Management applies the same principles that outstanding business owners apply to running their companies. In times of adversity, we will position your portfolio to weather the turbulence. Most importantly, we can show you how to systematically ride long term trends in times of opportunity to capture exceptional returns. The trend is your friend, Peter Schenk, CMT, CIM, Portfolio Manager, Scotia Wealth Management
CERTIFIED FINANCIAL PLANNERS CHARTERED LIFE UNDERWRITERS
Specialists • Retirement & Estate Planning • Severance & Early Retirement • Inheritance & Wealth Transfer
• Investments • Insurance • Lending • Advice
250-953-6816 SUITE 202, 612 VIEW ST. VICTORIA, BC V8W 1J5
www.hatchmuir.com
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D & H WOODWORKS: SPECIALISTS IN FINISHING “Our goal was to bring to Victoria Construction Firm Has Worked On More Than 1,000 Residential Units
Victoria something that they didn’t really have, a major finish carpentry
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ICTOR I A– I f you’re a tradesperson such as an electricia n or plu mber your best work is typically hidden somewhere in the walls, where no one but you know the effort that has gone in to doing the job right. But if you’re a finishing carpenter your best efforts are front and center for all to see – where the slightest blemish or misaligned woodwork will stand out immediately. That intense spotlight’s glare, that requirement to do the most detailed job perfectly every time, is the fuel that has powered Damien Quinn and Herby Kirste the co-owners of D & H Woodworks Ltd. to succeed since launching the firm in 2013. “The majority of our work is focussed on finish carpentry, wh ich i nvolves tri m, doors, hardware and essentially all aspects of interior carpentry that is put in once the drywall is in place and the painting is done. Our job is to finish the project, so essentially we’re the last guys there,” Kirste explained.
Congratulations to D&H Woodworks on all of your success!
WEST SHORE®
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250 474.6611
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company.” HERBY KIRSTE CO-OWNER, D & H WOODWORKS LTD.
While often involved in applying the finishing touches to some of the capital region’s finest high end single family homes, the lion’s share of D & H Woodworks’ workload is currently devoted to finishing multi-unit residential projects (more than 1,000 so far) and the occasional office and even resort development. But honing the skills needed to become a sought-after finishing carpenter doesn’t come quickly or easily, and can only be attained by years of dedicated practical experience. While it’s often the case that t r a d e s p e r s o n s c o m e f ro m SEE D & H WOODWORKS LTD. | PAGE 13
As specialists in finishing carpentry D & H Woodworks have worked on more than 1,000 multi-unit residential dwellings
Proud to support D&H Woodworks. Best wishes for continued success!
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Company owners Herby Kirste (center left) and Damien Quinn enjoy some happy moments with their young families
D & H WOODWORKS LTD. CONTINUED FROM PAGE 12
fa m i l ies a l ready pract i si ng those vocations, nether Quinn or Kirste grew up in carpentry families. Though not carpenters, Qu i n n’s fa m i ly were sk i l led masons in Ontario while Kirste’s roots stretch back into the North Island’s forestry sector. But it was a love for building, for working with wood that brought the two eventual partners together, as junior members of a construction company in the Comox Valley. “We actually met in Courtenay in 2007 where we were both working for Island Timberframe where we were employed as carpenters. We hadn’t known each other before then. I had just finished a two-year diplom a prog ra m i n A rch itectural Technology from BCIT (British Columbia Institute of
Congratulations to D&H on their achievements, and we wish them continued growth and success.
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FS MILLWORKS DIVISION
ALEX MASON Congratulations D&H Woodworks... Congratulations to we’re proud|to be E: alex.m@fsmillworks.com C: 250.880.1845 Damien, Herby and the T: 250.384.3013 EXT: 203on | TF: 866.384.3013 partners your crew at D&H Woodworks. fsmillworks.com stunning We look forward to millwork projects! continuing our
Commercial Sales & Business Development Manager
relationship into the future.
(250) 920-0300
www.club-phoenix.com 895 Langford Pkwy, Victoria, BC
So
EST.
784 Spruce Avenue Victoria, BC V8T 5A5 (250) 380-9535
SEE D & H WOODWORKS LTD. | PAGE 14
ld
In this ‘before and after’ photo Herby Kirste works on a spectacular feature wall, with the larger shot the finished product
Technology) and then came to work in Courtenay,” Kirste said. Fortuitously for both, the company was owned and operated by European-trained timber framers, experts with decades of skills and real world knowledge – knowledge the two budding entrepreneurs were eager to absorb. “They were really master carpenters, and they did everything from the design to the fabrication to the installation of these beautiful timber frame homes and we both took it for what it was – an amazing learning experience,” he explained. By working alongside of highly skilled professionals, working on exceptional handmade projects, the pair was provided with a learning experience they could not have attained any other way. “Instead of learning rough carpentry first, which is often the case we were thrown into a real, hands on, detail-oriented industry, right away” Quinn said. “Work like this requires great precision. Fitting those big, huge traditional joints requires some pretty exceptional skills. You cou ld be working on a beam worth thousands of dollars, so you’re going to take an incredible amount of care to make sure it fits just right. It was certainly one of the most enjoyable aspects of the past for both of us.” Working alongside their employers / mentors Quinn and Kirste learned the craft of custom construction quite literally from the ground up, while developing a friendship and an appreciation of each other’s skills that would ultimately lead them into a business partnership. “We were involved in a ‘raising’ as we called it for a timber frame house on Sidney Island. We hit it off there and quickly became good friends,” Kirste said. For Quinn, coming as he does from Ontario, it was the lure of opportunity and adventure that brought him to the West Coast. “It was about 12 years ago now, when I was 22 that I moved to the Island. I packed my car up with whatever I could fit in it and headed west. Basically once
PERSONAL REAL ESTATE CORPORATION
Congrats to your success and well earned recognition due to your exceptional work. I wish you all the best on future endeavors!
486 Cecelia Rd, Victoria E: alex.m@fsmillwork.com C: 250.880.1845
T: 250.384.3013 EXT: 203 TF: 866.384.3013 fsmillworks.com
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250.884.3980
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The skilled team at D & H Woodworks have worked on projects all across the Greater Victoria area since opening in 2013
D & H WOODWORKS LTD. CONTINUED FROM PAGE 13
I hit the ocean I knew that I was home,” he said. “I wasn’t really intending to
be a carpenter when I came west even though I always had an interest in it. I’d worked in shop class in high school and things like that but it was never something that I really saw myself
doing for a living. It wasn’t until I got to the Island, with all this beautiful West Coast wood and the West Coast style houses, that I really began to take an interest in it.”
FOX KUSTOMS INC. Sandblasting 10223-C McDonald Park Rd | Sidney, BC
250.656.7527
Foxkustoms@gmail.com
Proud to support Damien, Herby and the team at D&H Woodworks
The catalyst that led to the creation of D & H Woodworks occurred when the two were asked to participate in a Victoria construction project with Don Nesbitt. “He called us both down to live here and to complete a high rise building with him. So we decided to move down together, packed up and drove south to make the move. As a master carpenter he was a mentor to both of us, teaching us the fundamentals of finish carpentry,” Kirste said. “It was certainly quite a process to move down here, but we were both young and had no real obligations anywhere so we made the move. We were a couple of free spirits so away we went,” Quinn added. After their initial experience in Victoria, and thanks in large part to the ongoing construction boom that is occurring in
the South Island, Quinn and Kirste continued to find work even after their initial projects were completed. Working as sub trades for other builders, individually and together, the two began to make business connections and to develop a local name that culminated with the creation of their own company. “I think that after that first tower we worked on we realized we wanted to work for ourselves. We both came up with the idea independently, working individually until 2013 when we formed the company,” Quinn said. For Kirste, in addition to carpentry work he found employment crafting custom studio furniture, eventually establishing a small woodworking shop on his own. “In 2013 we were back working together on another job for somebody else. SEE D & H WOODWORKS LTD. | PAGE 15
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The job of a skilled finishing carpenter is to ensure that the final result is as perfect as it can possibly be
D & H WOODWORKS LTD. CONTINUED FROM PAGE 14
That’s when we talked about it, realizing that we could either keep working for someone else or go to work for ourselves. So we decided to make the right choice and go for it,” he said. “Our goal was to bring to Victoria something that they didn’t really have, a major finish carpentry company - a company that was known for its ability to take on numerous large scale projects simultaneously, while still delivering an exceptional finished product.” Since its launch D & H Woodworks has been involved in the
finishing efforts on many of the region’s finest multi-family projects, working for an equally prestigious group of local construction firms and builders. Reading like a Who’s Who of the city’s top builders, D & H Woodworks has worked alongside of such local industry leaders as Axiom Builders, IWCD, Agius Builders, Knappett Projects, K inetic Construction, Landus Developments, Townline Construction, Windley Contracting Ltd., Omicron Construction Ltd., Naosk Projects Ltd. and others on an expanding portfolio of exceptional finished projects. For Quinn the most important aspect of being a Finish Carpenter is a focus on delivering
exceptional quality regardless of the scope or scale of the project. “We are definitely hands-on guys. In this industry you can really pick out the guys who want it, and the guys who are there just to collect a pay cheque. One thing that Herby and I always had going for us was that we really pushed each other to be the best that we could be,” he said. “We’ve made a real effort to never become complacent. For us it has always been about finding out how to do the job better. How can we hone in our skills? What new thing can we learn here? You add that desire to learn with our own sense of friendly competition and you have a firm that is always seeking to be just that
much better every time out.” Established members of the community (both are now married with young children) the pair looks forward to serving the Capital Region for the foreseeable future. With a current staff count of about 10, D & H Woodworks anticipates it will continue to serve the Greater Victoria area with the best service, communications and finishing carpentry products that it can provide. Based on the sheer amount of repeat and referral business the pair continues to receive, it’s clear their present business model is working. “We’ve always put a lot of emphasis on looking after the business aspects of our company, not
just in doing the work. By making that effort I feel we’ve created a structure that can grow and expand successfully as we take on what the future will bring our way,” Kirste said. For Quinn, the groundwork the firm has carefully laid down over the past few yea rs w i l l pay dividends as the company grows in the future. “We want to bring a professional attitude and experience to the job and for our clients. We feel we have the management in place to accommodate growth that has the client’s interests at heart. Any growth we undertake will always be a reasoned growth, when the time is right.” www.dandhwoodworks.com
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people together, and create a greater understanding of our sector.” D u n n poi nts out t hat salmon, and other marine life, are the last animals on e a r t h t h at hu m a n s hunt for commercial purposes. Every other animal, and the vast majority of plants, that makes up part of the food supply is farmed. “In fact, over 50 per cent of the world’s seafood is farmed and that percentage grows every year,” he says. “Yet in this part of the world a polarized debate remains, and an opportu n ity to play a bigger role in feeding the world continues to be largely squandered.” And there is almost limitless potential for the sector. “More than 50 per cent of the world’s seafood is farmed, the percentage g rows ever y ye a r, a nd global projections for seafood consumption suggest that global production will need to rise substantially in the next 20 years,” Dunn
states. “I n BC, we cu r rent ly farm in less than 1 per cent of our coastal waters (finfish, shellfish, and plants), yet farm-raised salmon is our most valuable seafood product. Norway is the world leader in salmon a q u a c u lt u re a nd t hei r production (over 1-million tonnes annually) is more than 10 times higher than we produce in BC (about 80 thousand tonnes).” Last September, M NP produced a document titled “Economic Impacts of the BC Farm-Raised Salmon Industry - 2017 Update”. It showed the industry provided $796.6 million in direct economic output in 2016, and combined with direct and indirect output, totaled $1,561.9 million. That’s an almost 40 per cent increase from 2013. Dunn was born in Tofino and grew up in Ucluelet and Parksville. His career includes being a radio and television reporter in Vancouver and Terrace, and he led the development and operations of the BC International Media Centre during the 2010 Olympics
S W E
N
in Vancouver. He joined the BCFSA in 2014, and will take a position within the public affairs division of Marine Harvest Canada this spring. “I would like to see BCSFA continue to build networks and platforms to bring people together for a g re ater u ndersta ndi ng of aquacu ltu re a nd farm-raised seafood,” he states. “That means bringing more chefs and leaders in the culinary community together, working with others in the food production sector – particularly our colleagues in terrestrial agriculture. Dunn believes the Association also has a key role to play in bringing together the scientific community with industry, conservationists, First Nations and others to drive a better understanding of salmon, the coastal environment and how industry can and does coexist sustainably. “The mission of the Association has evolved over time as the industry has matured – overall, the sector is healthy in BC and has a bright future,” he adds.
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Greater Victoria Firms Dominate BE Awards Over Half Of The 2018 ‘All-Star’ List Of Winning Companies Came From South Vancouver Island
V
ICTORIA – Over half of the winners at the 18th Annual Vancouver Island Business Excellence Awards were from the Greater Victoria area this year. Dodd’s Furniture was named Business of the Year and Balance Home Cleaning Small Business of the Year at the 18th Annual Vancouver Island Business Excellence Awards, celebrating the best of business on the island for the year, Thursday, Jan. 25 at the Delta Ocean Pointe Resort in
Victoria. The sold-out event celebrated the best of the best of business on the island for the past year, and organizer Mark MacDonald, Publisher of Business Examiner Victoria, said it was a gathering of “all-stars” from across the region. “There were so many amazing companies represented, and brain power and creativity demonstrated by the people in the room was simply astounding,” he said.
“There was a company represented that does sand blasting – with ice. A restaurant that has half of its staff with
developmental disabilities. A firm that SEE BE AWARDS | PAGE 18
GRANT THORNTON LLP COMMITTED TO CLIENTS AND COMMUNITIES
A
t Grant Thornton LLP, we are committed to our clients, our colleagues and our communities and firmly believe that when community businesses succeed, we succeed. We help dynamic organizations unlock their potential for growth by providing meaningful, actionable advice through a broad range of services and a focus on personal attention. Dan Little, Managing Partner of the firm on Vancouver Island recognizes the importance of supporting the annual Business Excellence Awards through sponsorship. “These awards recognize, validate and celebrate business success stories in our community, and inspire others to reach new heights and experience new growth. We congratulate all of the nominees, finalists and winners on this achievement,” says Little. These awards celebrate the best of Vancouver Island business with other
Melanie Cadden, right, of Coco Café in Cedar, describes how it felt to win the Entrepreneur award, as MC Amber Schinkel of CTV Vancouver Island looks on
business and community leaders. It is a distinguished award that pays tribute to the integral role that business plays in creating thriving communities. Grant Thornton LLP also supports many community organizations across Vancouver Island, including United Way, The Festival of Trees, the Victoria Conservatory of Music and the University of Victoria. Grant Thornton LLP is a leading Canadian accounting and advisory firm providing audit, tax and advisory services to private and public Distinguished Entrepreneur of the Year Award organizations. With offices in Victoria, Duncan, Nanaimo, Port Alberni, and communities across the country, they provide a wide range of services including: corporate restructuring, succession and estate planning, insolvency and bankruptcy, valuations, as well as core services such as auditing, accounting and tax. www.grantthornton.ca Audit • Tax • Advisory
Excellence always deserves recognition.
Hearty congratulations to all of the finalists of this year’s Business Excellence Awards. Your hard work and perseverance are exemplary, and you’re an inspiration to everyone in the Vancouver Island business community.
Victoria | Duncan | Nanaimo T +1 888 746 4406 GrantThornton.ca © Grant Thornton LLP. A Canadian Member of Grant Thornton International Ltd
At Grant Thornton LLP, we’re proud to sponsor this prestigious event. We firmly believe that when private businesses succeed, we succeed. That’s why our dedicated team of professionals is committed to finding solutions that help private business unlock their potential for growth.
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manufactures desalinated sea water. A construction company that has 102 locations across Canada and the United States. A woman who runs a great plumbing company. A yogurt maker from Vancouver Island milk. And that’s just the start. . . Black Press was a Platinum Sponsor of the BE Awards this year, and RBC Royal Bank, Grant Thornton LLP, Shaw and Liquid Capital West Coast Financing Corp. were the event’s G old Sponsors. Category sponsors were Coastal Community Credit
MARCH 2018
Union, Helijet, Island Savings Credit Union, Grieg Seafood, Invest Comox Valley and BE Digital. Dodd’s Furniture Ltd. has been selling quality furniture and mattresses to greater Victoria residents for over 40 years. This family owned business started in 1977 and is well known for quirky advertising, great deals and extensive involvement in the community. The 35,000 square foot, flagship store, offers furniture, mattresses, rugs and accessories for all tastes and budgets. With the addition of 2 stores in Nanaimo and Campbell River, and a small fleet of trucks, they are SEE BE AWARDS | PAGE 20
A sold-out crowd packed the Delta Ocean Pointe Resort ballroom in Victoria for the 18th Annual Vancouver Island Business Excellence Awards
Investing For Business Owners – Time To Make It Personal
Y
Business growth starts with a conversation. When growing your business and your personal financial wealth, the most useful financial advice is specialized financial advice. RBC is proud to be a sponsor of the Business Examiner Awards.
To start a conversation today, please contact a local RBC Advisor at 1-800-769-2520 or visit rbcadvicecentre.com TM
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ou’ve a lways had a strong focus on financial goals for your business. Now it’s time to ensu re that the persona l side of your finances gets the same care and attention. P r i o r to i m pl e m e n t i n g any strategies individuals should consult with a qualified tax advisor, accountant, legal professional or other professional to discuss implications specific to their situation. You may have a number of good reasons to expect that the value of your business can provide the funds you need for a comfortable retirement. But in business, as in life, nothing is ever certain. For example, economic changes or an unforeseen event – such as a lawsuit, loss of a key client or a key supplier – could have an adverse impact on the value of your business. When you’re ready to retire, depending on the economy, you may not get the price you need, or be able to see your business, to support the retirement you env ision. You cou ld continue to work for your
company, or sell your business to family, but since you may no longer have a direct decision-making role, even these options may not ensure a lasting income. That’s why an important part of your personal risk management strategy should be to establish a source for retirement funding that’s independent of your business wealth. A personal investment and savings plan can help ensure the longterm financial security of you and your family. As an entrepreneur, you have invested a considerable amount of time in your business to make it successful. A n R BC adv isor ca n help you put the same emphasis on your personal investing strategies. Ease into personal investing Separating your business goals from your long-term personal goals is an important step toward ensuring that you are well positioned to live the life you want to live when your business days are over. Focusing on the financial
side of your personal life is a key part of the planning process. And just as your business skills grew incrementally over time, so can your approach to personal savings and investing. Consider these strategies: • Succession Planning • R R S P a n d S p o u s a l RRSP’s • T a x F e e S a v i n g s Accounts • I nd iv idu a l Pen s ion Plans For advice on any of these strategies for building and individualizing a retirement plan please contact an RBC Advisor.
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currently capable of servicing the entire Vancouver Island and surrounding Island communities. Sma ll Business of the Year (Under 50 Employees) winner Balance Home Cleaning was founded in 2012 with the goal of providing a fresh alternative in the cleaning industry. Specializing in exceptional quality and personalized customer service, the company has developed a unique position within the market. Services include regularly scheduled home and commercial cleaning, move-in/move-out cleaning, and post construction cleaning throughout Greater Victoria. There were 15 other categories, two of which had Award of Merit runner-up winners: Coulson Ice Blast of Port Alberni in Industrial Manufacturer, and Kwa’Lilas Hotel in Port Hardy in Hospitality. O t her w i n ners i n t he other 15 categories were: Automotive: Harris Mazda of Nanaimo. Construction/ SEE BE AWARDS | PAGE 22
Rebekah Hutchinson of Liquid Capital presents the Hutchison Food & Food Production award to Riot Brewing of Chemainus, represented by Myles Kehoe
Chuck Chandler of Grant Thornton presented the Hospitality Business of the Year award to Natasha Richardson of Brentwood Bay Resort and Spa
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On behalf of the entire Dodd’s Furniture family, we would like to express our sincere appreciation to our staff and the many wonderful volunteers and agencies we work with every year. We are proud and honoured to be one of many locally focused businesses in Victoria that are supported by the communities we serve.
www.doddsfurniture.com
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Development & Real Estate: Alair Homes of Nanaimo. Entrepreneur: Coco Café of Cedar. Food & Food P roduct i o n : R i o t B r ew i n g o f Chemainus. Health Care: Comfort Keepers of Victoria. Hospitality: Brentwood Bay Resort & Spa of Brentwood Bay. Brentwood Bay Resort & Spa is a luxury oceanfront boutique resort with 36 suites, Dining Room, Pub, wellness Spa and Marina all tailored for the luxury traveler. It has been operating since 2004 on the Saa n ich Pen i nsu la a nd services both local and international travelers. Industrial Manufacturer: VMAC of Nanaimo. M a n u fa c t u r e d Wo o d Products: Creative Woodcraft of Cobble Hill. C r e a t i v e Wo o d c r a f t specializes in the design, build and installation of custom cabinetry for the home, office or commercial space. Their 11,000 square foot shop and showroom in Cobble Hill is where SEE BE AWARDS | PAGE 23
Pauline Stevenson, left, and Michelle Konkle of Excel Career College, based in the Comox Valley, were part of the team of independent judges that decided the winners of the Vancouver Island Business Excellence Awards. Derrold Norgaard of Norgaard Kratofil Professional Group of Victoria and Jolynn Green of Community Futures Central Vancouver Island in Nanaimo were the other judges
Gordon Duval and Anne Fortin, left, and Gordon Duval, right, of VMAC in Nanaimo were presented with the Industrial Manufacturer of the Year Award from Douglas Pascoe of Island Savings Credit Union
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almost everything is made and finished by over 30 employees. Ocean Products: Saltwest Naturals of Sooke. Saltwest Naturals was fou nded i n 2011 a nd i s Canada’s second oldest sea salt producer. Saltwest harvests sea water from Otter Point to create a wide variety of salt products: Culinary infused and blended sea salts as well as mineral bath soaks and soaps, and they have created Canada’s first desalinated bottled ocean water “Salish Pure”. Professional: Engaged HR of Victoria. E n g a ge d H R i s a h uman resources management consulting firm that transforms workplaces by providing essential human resource management services, systems, advice, and expertise to not-forprofit organizations and for-profit organizations of all sizes. Engaged HR is the fastest growing full-serv ic e hu m a n re so u rc e s management consulting firm on Vancouver Island. Restaurant: Big Wheel Burger of Victoria.
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years later, their original location, together with their two newer locations in Victoria, employ over 50 people. R e t a i l : C lo s e To Yo u Ladies Fashion & Lingerie of Parksville. Technology: Freshworks Studio of Victoria.
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www.mazzeielectric.com Serving Vancouver Island and Northern BC
Thank you for your support and business over the years, we’re very appreciative of being recognized as Vancouver Island’s Trades Business of the Year! RESIDENTIAL • COMMERCIAL • INDUSTRIAL
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FreshWorks Studio works in the space of digital transformation and specializes in designing & developing mobile and web apps. They have offices in Victoria, Vancouver, San Francisco, and India. Their primary client base
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is in BC though they have clients from across Canada and in the United States. Tourism: Eagle Wing Tours of Victoria. Eagle Wing Tours is an ecotourism company offering year-round whale and wildlife tours from Victoria, extending throughout the Salish Sea. Since their
Eagle Wing Tours is honoured to accept the Business Examiner Award for Tourism Business of the Year for 2018. We could not have done this without our amazing staff, who love what they do and it shows! We would also like to thank our guests who joined us this past year for many awesome adventures on the Salish Sea!
www.eaglewingtours.com
The team from M&N Mattress in Parksville enjoyed the festivities inception in 1997, they have dedicated themselves to becoming the most environmentally sensitive whale watching company, offering not just an opportunity to see whales in the wild but also to develop educational programs. T rade s: Mazzei Electric of Nanaimo. A video of the event is viewable at https://www.youtube.com/ watch?v=z0tOqXc9Cn8 The official event program, with profiles of all 88 finalists, can be viewed at: https://issuu.com/markmacdonald36/docs/ CHEMISTRY CONSULTING –BUSINESS EXAMINER AD be_awards_2018_booklJosh Higgins of Business Examiner Victoria presented the r?e=24500915/57772959 4.8” × 6.2”
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MARCH 2018
DODD’S FURNITURE & MATTRESS WINNER OF TOP BUSINESS AWARD “We do the turkey dinner and we estimate that
Iconic Furniture Store Winner Of VI Business Company Of The Year Award
we’ve fed something like 40,000 people over the
V
ICTORIA – The real success of a business can’t always be measured solely by its revenues or its annual sales figures. For some ventures true success also includes how positively it impacts the communities that it serves. That community-focused business philosophy has guided the operation of Dodd’s Furniture & Mattress since its founding more than 40 years ago. The iconic Vancouver Island business was recently voted ‘Company of the Year’ at the VI Business Excellence Awards, an accolade bestowed as much for its humanitarian soul as it was for the firm’s business savvy. “Giving back to the community and being part of the community has always been a big part of our company and I’m sure it was part of the reason we won the award,” explained company President Love Dodd. Fou nded i n 197 7 by G ordy Dodd, Dodd’s Furniture & Mattress has grown during the past four decades into one of Vancouver Island’s most iconic furniture store, brands. Today the firm, in addition to its 35,000 square foot Victoria main store operates branches in Nanaimo and in Campbell River, as well as its sprawling (45,000 square foot) distribution warehouse in Victoria. The company has a staff count of more than 85 and operates a fleet of 14 delivery trucks, continually moving goods all across Vancouver Island to keep up with client demand. “Certainly one of the reasons for our success has definitely been our being an active part of the community and giving back to the community as much as we can, because in reality it’s the communities that we serve that have made us successful,”
past 20 years.” GORDY DODD FOUNDER, DODD’S FURNITURE & MATTRESS
Gordy Dodd enjoys participating in his company’s annual turkey dinners, organized for the region’s less fortunate he stated. One of many examples of the company’s ongoing commitment to bei ng a com mu n ity champion is the firm’s annual turkey dinners, organized for people in need at Thanksgiving and Christmas. During the most recent holiday season Dodd’s provided more than 2,000 full turkey dinners to persons who might otherwise not have had the opportunity. Over the years Dodd’s has fed tens of thousands of individuals through this program, something the current generation of ownership intends to continue to offer. “What with the housing crises and the cost of food, there are a lot of people suffering right now all across Vancouver Island. We want to do what we can to help out. We introduced our turkey dinner program in both Nanaimo and Campbell River as well as in Victoria, serving more than 2,000 this past season,” Love said. “ I t w a s t h e w h o l e t u rk e y spread, mashed potatoes, stuffing, gravy and everything with love included at no extra cost. We’re also involved with a lot of the community sports groups like baseball teams and hockey teams as well as multicultural groups and others.” While playing a less active role in the company’s daily operations, the firm’s founder and nea rly legend a r y telev ision p i tc h m a n G o rd y D o d d h a s
inspired the company’s current generation to continue that legacy of giving. “It’s not just at special times of the year either. Year round we collect clothes and food and other things for the community,” he said in an earlier interview. “ We do t he t u rkey d i n ner and we estimate that we’ve fed something like 40,000 people over the past 20 years. This is something that we’ve done for a long time and I believe it is the intention of my son to continue doing this in the future.” www.doddsfurniture.com
Congratulations on winning Business of the Year at the 2018 Business Excellence Awards
We are proud to congratulate
on winning Business of the Year! www.mylibertyfurniture.com
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Congratulations on winning Business of the Year, from your partners at Elran Furniture.
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Congrats on your award, you deserve it!
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MARCH 2018
MALAHAT VALUATION GROUP – PUTTING A PRICE ON SUCCESS “Our job is to provide Multi-Disciplined Valuation & Appraisal Practice Offers An Impartial Perspective
V
ICTORIA – You really can put a price on success, just ask Ernest Bednarz, the founder and principal of the Malahat Valuation Group. Launched in 2016, Malahat Valuation was created to carry out the complex task of appraising and assigning a value on businesses of all types. “Providing our clients with independent and objective value perspective that will stand up to scrutiny is probably our most important service. When you’re really close to something, and a business owner is going to be very close to their venture, you often don’t see the obvious things, on top of which you’re emotionally attached. Our job is to provide that 40,000 foot view, providing an unbiased perspective that the business owners themselves may not be able to do on their own,” he explained. A multi-disciplined valuation and appraisal practice, Malahat Valuation Group is in essence a one stop shop for all aspects of valuations and appraisals. The firm provides its clients with three key areas of service – Business Valuation,
that 40,000 foot view, providing an unbiased perspective that the business owners themselves may not be able to.” ERNEST BEDNARZ FOUNDER / PRINCIPAL, MALAHAT VALUATION GROUP
Commercial Real Estate Appraisal and Equipment and Machinery Appraisal – with business valuation and real estate appraisal representing nearly 90 per cent of its workload. “Typically in the market these different services are provided by individual companies. When we began we had a vision of putting these services together under one roof as often one is related to the other. I’m a professional business valuator while my wife, Aleksandra Bednarz, is a commercial real estate appraiser,” Bednarz said. “When I value companies frequently they own commercial real estate, the building they operate in, the work yard or whatever the case might be. I would typically have to refer that service out to an external
Ernest Bednarz is Founder and Principal of the Malahat Valuation Group which launched two years ago
Wife of the company’s founder, Aleksandra Bednarz is an experienced commercial real estate appraiser
Business valuation and real estate appraisal represents nearly 90 percent of the company’s workload
party, meaning the client would have to deal with another vendor, adding to the complexity. By having that capacity in-house everything is streamlined – the client has one bill and it’s usually done faster and cheaper.” Providing machinery and equipment appraisal is the newest addition to Malahat Valuation’s range of services, introduced to assist companies determine the fair market value of their business’s physical assets. “While traditionally it’s often the case that business valuations are
carried out by Chartered Accountants who are qualified under the CBV designation as part of their practice, our business is focussed solely on this service. We do this year round, not as an add-on to our main business,” he said. “We’re value experts, we’re not accountants. Our background is rooted in business, which gives us an understanding that’s unmatched and we approach the valuations from a practical perspective rather than just a theoretical one. We know what to look for and can identify the value-drivers of the business as well as the risk-factors the
business is facing on a daily basis.” Malahat Valuation Group looks forward to continuing to serve its expanding client base across Vancouver Island and beyond, anticipating adding to its current staff of four in the coming months to keep up with the demand. “We’ve only been in business a little over two years but we’ve certainly been getting some excellent market acceptance based on the number of referrals we’ve received, so certainly the word is getting out,” Bednarz explained. www.malahatvaluationgroup. com
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“People may not realize just how diverse a
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company we really are – we’re just too much
distinct services, but each is part of the VIH Group of companies.” VIH Helicopters itself was founded more than 60 years ago by Ted Hensen a nd Bill Boeing Jr., son of the founder of Boeing Aircraft William Boeing. Starting with a single Bell 47 helicopter to provide service to remote locations on Vancouver Island, the firm quickly grew, with its fleet and staff count i ncreasi ng to meet the expanding needs of the marketplace. The future of VIH helicopters began to shift after helicopter pilot and forest industry pioneer Frank Norie joined the firm and beca me a major sha reholder. His son Ken Norie joined the company’s ranks in the 1970s, initially as a pilot but in time he moved into a management role. Ken spearheaded the development and success of the enterprise’s innovative heli-logging division along with the introduction of the Kamov KA-32 aircraft into North America and became the firm’s sole owner during the 1990s. Now the President and Chief Executive Officer (CEO) of the VIH Aviation Group, Ken Norie oversees an expansive operation with a total staff count of nearly 450, with a fleet of more than 20 aircraft (from floatplanes to executive jets) as well as a diverse inventory of helicopters. “ E a ch c ompa ny provides a different service, a nd ser ves a d i f ferent market. VIH Helicopters is still based in the same location at the Victoria International Airport and operates a diverse fleet of
of a best kept secret.” DIDIER MOINIER SENIOR VICE PRESIDENT, VIH AVIATION GROUP OF COMPANIES
helicopters servicing the heli-logging, fire suppression, aerial construction and tourism industries. Cougar Helicopters is based on the East Coast a nd f l ies tech nolog ically advanced Sikorsky S92 helicopters, operating scheduled passenger flights as well as a search and rescue base for the offshore oil industry. VIH Execujet is a charter firm that operates and charters an elite fleet of executive jets as well as a floatplane and multiple VIP helicopters, while VIH Aerospace is an aircraft maintenance company based right here at the Victoria International Airport,” Moinier explained. In addition to its experience working on either coast of Canada, VIH Aviation Group has an extensive track record working with clients around the world. The firm’s heavy lift division, VIH Helicopters, using unique Russian-made Kamov K A32 helicopters, has worked as far afield as Taiwan, Africa and in South America. In fact VIH currently has a crew and an aircraft deployed on a contract in Chile. “The company grew because of innovation and preparation. Opportunities came up, were recognized and were then followed through on. For example we purchased Cougar Helicopters in 2003 because
the company needed further development and its owners weren’t prepared to take that step. Ken saw the opportunity and bought the company and it was a smart and successful move for him,” he said. For the future, it will likely be a third generation of Norie’s as the executive directors of VIH – Both Ken’s daughter and son are employed in the business. Ken’s daughter Jen has recognized her passion for aviation since a young age and is currently the General Manager for both VIH Helicopters and YYJ FBO Services; and his son Jeff has taken an active role in managing both maintenance and leasing activities for the Group. The VIH Aviation Group will continue to provide the users of its various aviation companies with outstanding service, while watching for that next tempting bu si ness opp or t u n it y. “People may not realize just how diverse a company we really are – we’re just too much of a best kept secret. Many places I go in the world people say ‘who is VIH?’ without realizing we regularly compete with some of the biggest players in the industry,” Moinier said. “B ut once t hey k now about our service, once they know what we can do, then it changes. VIH really is a global company.” www.vih.com
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MARCH 2018
Juan de Fuca Provides Paws-itive Care
Owner Education Enhances Exemplary Veterinary Care
A
ccording to Dr. John Basterfield of Juan de Fuca Veterinary Clinic, every appointment is an opportunity to educate. Part of the clinic’s reputation in the community for exemplary care is based on taking the time to educate pet owners. That extra level of service demonstrates their commitment to their clients. It also led to them being nominated as finalists in the 18th Annual Vancouver Island Business Excellence Awards. Located at 117-2244 Sooke Road, the clinic is owned by Dr. John Basterfield, Dr. John Gayfer and Dr. Margaret Cairns. Also on the care team are associate veterinarians Dr. Blythe Baillie, Dr. Emily Rutherford, Dr. Mark Foley and Dr. Sarah McTavish. Together, they bring more than 165 years of experience to the practice. The clinic is supported by a full team of animal-loving experts: 11 registered veteri na r y tech n icia ns, 6 veterinary assistants, 7
receptionists, and a practice manager. The clinic motto – displayed on t hei r webpage – is “Caring for your family…One paw at a time.” Services include annual examines, vaccines, parasite control, spaying and neutering, diagnostic and medical assessments, laser therapy, dentistry, radiology, dermatology, cardiology, tonometry, endocrinology, pain management, emergency care, and behavior counselling. Some of the advanced procedures available are soft tissue surgery, orthopedic surgery, endoscopy, ultrasonography, and chemotherapy/cancer treatments. Although appointments are recommended for routine and planned care, any pet owner with an emergency is welcome to drop in immediately. The clinic has a vet on duty six days a week and also offers extended hours, from 9:30 am to 8:30 pm Tuesday to Thursday and is open
Saturday from 9:30 am to 4:30 pm. Doctors Gayfer and Basterfield have served the community since 1980, purchasing the clinic in 1981. Seven years later Dr. Cairns joined the team and subsequently became a partner in the business. Originally the clinic provided care to both large and small animals but changed focus to small animal care to match the increased urbanization of the area. Initially located near Royal Roads University, they moved to their current home in Hatley Park Plaza in 1995. Money should never be a barrier to saving the life of a beloved pet. Juan de Fuca Veterinary Clinic strives to ensure pet owners never have to face a heartbreaking cost-vs-love dilemma by advocating pet insurance at the outset to all their clients. Once pets are covered, the skilled vets and technicians can work their magic to achieve happier endings.
UNFINISHED POLICE BUSINESS
ESQUIMALT CHRIS EDLEY
O
ver the past ten years or so, there have been a variety of activ ities a nd nu merous discussions about regionalization of policing for Greater Victoria. The Township of Esquimalt recently turned down a request for a budget increase for the Victoria Police Department, re-opening this discussion. Esquimalt’s Mayor and Council also sent a letter to the BC Government calling for the regionalization of police services in Victoria’s “core area” of Victoria, Esquimalt, Saanich, Central Saanich and Oak Bay. The Esqu i ma lt Cha mber of Commerce Supports this action. C r i m i n a l s, a nd c iv ic issues that require police attention, do not confine themselves to municipal boundaries. Regionalization
of policing will increase police effectiveness by integrating units such as serious crimes unit, sex crimes unit, financial crimes section and administration functions. Under a regional service, all areas would have equal access to expensive specialized resources such as homicide and organized crime investigators, and forensics and tactical units. There would be more officers, cars and units available to the force at any given time; if there is a brawl at the downtown, a missing child in the suburbs, or a gun call on the outskirts, the police can allocate any of these resources as needed to any location. A regional approach would result in less duplication and more integration of infrastructure; this would lead to reduced policing costs which would be reflected in property taxes. The result would be an unusual mix of reduced cost leading to better public safety and quality of life. The provincial government h as t he power to legislate such action as it demonstrated in 2003 when it integrated the Victoria and Esquimalt police departments. But it is always best when the push for such action comes from the municipalities. In a recent
poll that was part of the “Capital Integrated Services and Governance Initiative”, residents ranked police as second (behind transportation) as the service that would most benefit from a more integrated approach. It would obviously be wise for municipal governments to work together to continue a push for regionalized policing. Therefore, the Esquimalt Chamber welcomes the motions recently passed by the Victoria and Saanich mu n icipa l cou nci ls recommending that local municipalities engage in discussions on the idea of a regional police force for the core area. The Chamber was also pleased to see that. Given that we have a rare opportunity to improve public safety while simultaneously reducing costs, the Esquimalt Chamber of Commerce wishes to signal its willingness to work jointly with other chambers and municipal councils in the core area to engage with the BC Government on moving forward with a regional police force. Chris Edly, CD P.Eng is President of the Esquimalt Chamber of Commerce. He can be reached at chris@ edley.ca
Members of the Juan de Fuca Veterinary Clinic team. An ongoing initiative at the clinic is the Smile Fund, for which staff members hold fundraising events “Pet insurance empowers the owner to obtain state of the art surgery or advanced care when it is needed,” says Dr. John Basterfield. “When there is pet insurance in place, finances do not determine the outcome.” Promotion of pet insurance is one part of the clinic’s overall focus on educating pet owners to provide the best possible care for their pets. The education may include information on nutrition that prevents disease, grooming practices to keep coats and skin in good condition, or activities to build
bonds, channel energy, and improve physical dexterity. The clinic’s mission is to provide owners and pets with “progressive, quality animal health care with up to date facilities, medical technology and staff training; in a caring, compassionate environment, and to be a leader in service with a commitment to the well-being of animals, the public and our staff.” An example of meeting this mission is the Smile Fund, initially established in 1999 to pay for the medical care and rehabilitation of an
abused pup called Rambo. Rambo recovered and went to live a long and happy life with his forever family. Inspired, the clinic staff continued the fund to help other animals in need, volunteering their time to hold fundraising events with all the proceeds going to help pets in need. Over the past two decades, the fund has helped hundreds of pets receive the care they need. “We love what we do,” Basterfield said. “It keeps us learning and growing.” www.juandefucavetclinic. com
30 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 0829952 BC LTD PO Box 138, Qualicum Beach, BC PLAINTIFF Raymer, Monica CLAIM $35,216 DEFENDANT Art Tax 206-15299 68th Ave, Surrey, BC PLAINTIFF Miller, John CLAIM $7,679 DEFENDANT Daigle Welding & Marine Ltd 200-1260 Shoppers Row, Campbell River, BC PLAINTIFF Aitken, Duane CLAIM $35,196
WHO IS SUING WHOM DEFENDANT Depend A Dor Repair & Installation LTD 420-880 Douglas St, Victoria, BC PLAINTIFF Aitken, Duane CLAIM $35,196 DEFENDANT E Y Properties LTD 1212-1175 Douglas St, Victoria, BC PLAINTIFF Bevacqua, Marisa CLAIM $ 35,216 DEFENDANT Eaglecraft Leasing Inc 200-1260 Shoppers Row, Campbell River, BC PLAINTIFF Aitken, Duane CLAIM $35,196 DEFENDANT Economical Mutual Insurance Company 400-725 Granville St, Vancouver, BC PLAINTIFF Broadway, Anna CLAIM $ 8,836 DEFENDANT Finishing Store Millworks LTD 1002 Wharf St, Victoria, BC
PLAINTIFF Wilson, Denise Marie CLAIM $ 35,196 DEFENDANT Frontiersman Liquor Store PO BOX 138, Qualicum Beach, BC PLAINTIFF Raymer, Monica CLAIM $ 35,216 DEFENDANT Full Impact Enterprises LTD 317-877 Goldstream Ave, Victoria, BC PLAINTIFF Proline Roofing LTD CLAIM $ 13,606 DEFENDANT Gandhi Holdings LTD 1038 Donwood Dr, Victoria, BC PLAINTIFF M E Chartered Accountant LTD CLAIM $ 339,364 DEFENDANT GWG Rentals Vancouver Island 317-877 Goldstream Ave, Victoria, BC PLAINTIFF Proline Roofing LTD CLAIM $ 13,606
DEFENDANT Hub International Insurance Brokers 2640 Douglas St, Victoria, BC PLAINTIFF Broadway, Anna CLAIM $ 8,836 DEFENDANT Island View Tree & Stump Grinding Ltd 3RD FLR 26 Bastion Square, Victoria, BC PLAINTIFF Gilbert, Bradford Roland CLAIM $ 35,216 DEFENDANT Just Bookkeeping 301-129 Burnett Rd, Victoria, BC PLAINTIFF Nicadian Enterprises INC CLAIM $ 11,386 DEFENDANT Leqwa Enterprises INC 1441A Old Island Hwy, Campbell River, BC PLAINTIFF Simkin, Jodi CLAIM $ 6,956 DEFENDANT Mark Hill Carpentry & Flooring INC 2310 Watkiss Way, Victoria,
MARCH 2018
BC PLAINTIFF Wilson, Denise Marie CLAIM $ 35,196 DEFENDANT Moroni INC 14321 East Bonelli St, City Of Industry, CA PLAINTIFF Scott, Nigel CLAIM $ 11,709 DEFENDANT Nickel Bros House Moving LTD 1990 Balsam Rd, Nanaimo, BC PLAINTIFF May, Leon CLAIM $ 22,576 DEFENDANT One Stop Furniture INC 9819 5TH ST, Sidney, BC PLAINTIFF Scott, Nigel CLAIM $ 11,709 DEFENDANT Profab Energy Services INC 400-725 Granville St, Vancouver, BC PLAINTIFF Fusion Tech Welding Services LTD CLAIM $ 11,947
DEFENDANT Pure Engineering LTD 89 Carswell Rd Se, Medicine Hat, AB PLAINTIFF Urban Bee Supplies LTD CLAIM $ 14,029 DEFENDANT Securco Services INC 704 Fitzwilliam St, Nanaimo, BC PLAINTIFF Aitken, Duane CLAIM $ 35,196 DEFENDANT Sherwood Marine Centre Limited 200-7169 West Saanich Rd, Brentwood Bay, BC PLAINTIFF Clarke, Steve CLAIM $ 8,224 DEFENDANT SVP Canada Inc 1212-1175 Douglas St, Victoria, BC PLAINTIFF Coyne, Joan CLAIM $ 35,176
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T
he Oak Bay Beach Hotel ra n ked 10 t h a mong the top 25 hotels in Canada in the 2018 TripAdvisor Travellers’ Choice Awards. The hotel has been in the top 25 hotels in Canada multiple times since reopening in 2012. The awards recognize exceptional accommodations that received the highest marks for overall experience, including service, amenities and value from travellers around the world. The Victoria Airport Authority (VAA) has named a new board of directors. The 2018 executive includes Eric J. Donald as chair; Gordon Safarik as vice-chair and chair of the Airport Consultative Committee; Marilyn Loveless as board secretary and chair of the Governance Committee; Cathie Ountsted as chair of the Audit and Finance Committee; and Rod Dewar as chair of the Planning and Development Committee. The VAA has also added Brenda Nunns and Charles Lovallo to their board effective January 1. Brenda currently serves on the Board of Directors of the Victoria Hospitals Foundation as its governance chair and is a Saanich resident. Lovallo represents the Town of Sidney and is the president of CRI Business Solutions and past-president and chair of Innovative Solutions Now Inc.
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Austin, woodcarver Merlayna Snyder, artist Lenaya Chrystall, potter Joy Finlay and photographer Gabriel Taschereau. Royal Roads University welcomes Nelson Chan, Lydia Hwitsum and Lori Simcox to their board of governors. Nelson Chan is the chief financial officer for the Capital Regional District, Capital Regional Hospital District and Capital Region Housing Corporation. Lydia Hwitsum is a principal for Hwitsum Consulting and board chair of the First Nations Health Authority. Lori Simcox, a member of the Tr’ondëk Hwëch’in First Nation, is a Certified Management Consultant.
Flavour of Chocolate gala event on Saturday, May 26th, at Mary Winspear Centre in Sidney. This delicious evening celebrates the elegance and extravagance of chocolate and showcases the talents of some of the region’s best chefs, while at the same time raising funds to support local women and girls.
a development permit to add a new $50-million graving dock to their existing shipyard. The new dock will be able to service vessels up to 170-metres, allowing the shipyard to service most Royal Canadian Navy, Canadian Coast Guard and BC Ferries vessels. Ralmax still requires approval from Transport Canada, Fisheries and Oceans Canada and the provincial
Ministry of Environment before they can begin construction. 2018 brings some new faces to the Victoria Foundation Board as Patrick Kelly completes his term as chair and Dr. Grace Wong Sneddon takes over the role. Meanwhile, James Darke has SEE MOVERS & SHAKERS| PAGE 32
Peninsula Co-op recently provided the first installment of a $100,000 donation towards the Nigel House Replacement Project. Under the Broadmead Care Society umbrella, the Nigel Program for Adults with Disabilities is a residential care program for adults between the ages of 19 to 55.
Grant Thornton’s two Victoria offices moved into one location at 650-1675 Douglas Street at the end of January.
Sabina Saransingh
Stewart Butterfield Stewart Butterfield, the cofounder and CEO of Slack and a University of Victoria alumnus, has been named the Peter B. Gustavson School of Business 2018 Distinguished Entrepreneur of the Year (DEYA). Slack is an enterprise communications platform with more than nine million weekly active users around the world. Slack is used by sma l l a nd med iu m-sized businesses, and more than 40 per cent of Fortune 500 companies. In addition to developing Slack, Butterfield also co-founded Flickr. The image and video hosting website that was acquired by Yahoo! in 2005. Gabriel Taschereau and Jacqui Austin have opened Art in the Barn Gallery at 4578 Hughes Road in Victoria. The unconventional art gallery is located on the duo’s 5-acre woodland property in Saanich and is currently exhibiting five local artists. The artists include artist Jacqui
Jennifer Belinski Victoria International Marina has added Jennifer Belinski as the leader of their 24/7 concierge service. Belinski has served as yacht crew on numerous private and charter yachts (from 46’ sailing yachts to 350’ motor yachts) cruising the Caribbean, Mediterranean and US/Canadian waters. Sheringham Distillery Ltd. announces that their Seaside gin spirit won both a Gold Medal and Best of Show trophies at the Taste BC Awards. Sheringham’s Seaside Gin is created using British Columbian grain for its spirit, featuring a mix of botanicals locally sourced from Vancouver Island and elsewhere. Sheringham Distillery is at 2631 Seaside Drive in Shirley. Soroptimist International of Victoria Westshore (SIVW) announces a unique event and gala fundraiser – the fourth annual
Victoria Harbour Ferry has appointed Sabina Saransingh as their Communication and Marketing Coordinator. Originally from Toronto, Sabina has over eight years of experience in the financial industry and non-profit sector. Twa Dogs Brewery and Victoria Caledonian Distillery have begun exporting six of their beers and five of their whiskeys to Alberta. Macaloney Brewers & Distillers Ltd, operates Twa Dogs Brewery & Victoria Caledonian Distillery, a destination boutique distillery and craft brewery owned by Canadians for Canadians. Big Brothers Big Sisters of Victoria is hosting their 6th Annual Bowl for Kids Sake event from April 20-22 at Langford Lanes in the Westshore to raise money for child mentoring programs. Businesses, families, and friends are able to sponsor the event, create a bowling team, donate a silent auction item, or make a single one time donation. The City of Victoria has granted Ralmax Group of Companies
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SMALL LOCKER
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been appointed vice-chair, and three new community members have joined the board as directors, including Lori Elder, Michael Cridge and Zaman Velji. A Victoria home called Family-Centered Modern, built by Horizon Pacific Contracting and designed by Coast + Beam Architecture is one of 10 homes in North America selected as a finalist in the 2018 Fine Homebuilding Readers’ Choice Awards. The top three homes will be featured in the print edition of Fine Homebuilding Houses 2018. All finalists will be featured in the digital edition of the magazine.
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Luke Kratz L u ke K rat z p o r t fo l i o manager and vice-president
MARCH 2018
at Victoria’s CIBC Private Wealth, has been named for the fourth consecutive year to Wealth Professional Magazine’s list of Canada’s Top 50 Advisors in the latest issue of the magazine. Kratz has been serving families for 25 years, and is the only adviser from Vancouver Island to be recognized. Al Hasham has accepted the job of community chair for the 2018-19 United Way campaign. Hasham, chief executive of Maximum Express Courier and Max Furniture, will lead the f u nd ra isi ng efforts for United Way Greater Victoria alongside the local United Way team. Easy Installations has opened a new IKEA inspired kitchen showroom at #23318 Oak Street. The United States Consulate General in Vancouver will host a “Pop-Up Consulate” for American Citizens’ Services on March 29 at the University of Victoria. The “Pop-Up” Consulate will offer the following services to American citizens: accepting passport applications; accepting Consular Report of Birth Abroad applications; and notarial
services. The temporary Consulate will be open from 11 a.m. until 3 p.m. March 29 at the University of Victoria Welcome Center, University Centre B104, located at 3800 Finnerty Road, Victoria. Beacon Drive-In is celebrating their 60 th year in business at 126 Douglas Street. Viking Air made an inroad sale into their 30 th country at the recent Singapore Airshow. Viking signed an agreement with United Energy Pakistan for one Twin Otter aircraft to be delivered in the second quarter of 2018 – the first to begin operation in Pakistan. Since Viking brought the Twin Otter back into production in 2007, the company has sold and delivered aircraft to 29, now 30, different countries. New Balance Victoria is celebrating their 15th anniversary at 1205 Government Street. V2V Vacations has added Julian Wright as their general manager. Wright is the nephew of Riverside’s (V2V SEE MOVERS & SHAKERS| PAGE 33
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MARCH 2018
MOVERS AND SHAKERS CONTINUED FROM PAGE 32
Vacation’s parent company) chief executive Hume Campbell. V2V’s passenger ferry between Victoria began service again at the end of January after the company had to replace the vessel’s engines. Woodwynn Farms in Central Saanich is expected to be put on the market within the next few weeks in order to raise enough money to pay off more than $5-million in debt. The farm is run by Creating Homefulness Society, which established the farm as a long-term t herapeut ic t reat ment centre for people dealing with addictions and homelessness. Congratulations are in order for the top salespeople of the month at automotive dealerships from across Victoria. They are Bryce Lee Metzger of Galaxy Motors, Wes Harrison of Harris Auto, David Kim of Jim Pattison Toyota, Jamie Elmherst of Pacific Mazda, Frank O’Brien of Wheaton, David Vollet of Audi Autohaus, Sandi Hester of Volkswagen Victoria, Josh Rockwell of Victoria Hyundai, Matt Kennard of Porsche Centre, Daniel Low of Three PT Motors, Evan Souliotis of BMW Victoria, Eliah Marthyman of Volvo, Chris Hoeg of Wille Dodge, Ali Zeidan of Jenner, Eric Mak of Campus Honda, Rome Tewelde of Campus Infiniti, Tamer Fetah of Graham KIA, Jim Hoskins of Campus Nissan, Phil Hines of Jim Pattison Subaru and Jeff Hamill of Campus Acura. Bonnie Campbell a nd Frank Wright have reb ra n d e d M i l l B ay a n d Keating Self Storage to Rite Storage. In Mill Bay, Rite Storage is at 1185 Shawnigan Lake-Mill Bay Road, and offers drive-up units, temperature controlled units and storage for boats and vehicles. Rite Storage at Keating offers units ranging from less than 50 square feet to more than 190 square feet. The Oaklands Community Association adds Chris Holt as their new executive director. Holt was previously executive director of Providence Farm, a therapeutic community for people with developmental disabilities. SportHost Victoria and Tourism Victoria are partnering to create the new
Greater Victoria Sports Tourism Commission, effective April 1. The new organization is aimed at increasing the city’s ability in bidding and winning major sporting event contracts for the Greater Victoria area. Tourism Victoria will provide support in key areas like destination marketing, member recruitment, research and administration. SportHost Victoria was created in the wake of the 1994 Commonwealth Games to continue attracting events to the area. Re/Max Camosun a nnounces their top producers for the month. They are Jennifer Bruce, Tania Delmonico, Don Burnham, Jason Leslie, Kevin Koetke, Shannon Jackson and Glenda Warren-Addams. Re/Max Camosun is at 101 – 791 Goldstream Avenue. The fifth annual Victoria Beer Week will be held from March 2-10 and will have 13 different events with 50 breweries featured from across British Columbia. Many of the events this year will be held in the Victoria Public Market. Save on Foods celebrated the grand opening of their new location in Langford at the Gateway Station Shopping Centre on February 24. Home Hardware Sidney recently celebrated their 20 th anniversary at 2356 Beacon Avenue. Wel l m aster P u mps & Water Systems has moved from Saanich to Sidney at 9429 Canora Road. Re/Max Camosun Peninsula congratulates their top producers and top listers for the month. The top producers are Craig Walters, Jack Barker, Lori Ann Sutherland and Eric Smith. The top lister for the month was Jeff Meyer. Re/Max Camosun Peninsula is at 14- 2510 Bevan Avenue in Sidney. Sendwithus, the innovat ive com mu n icat ions management company, announced it is expanding its local footprint and moving into a newly renovation building at 737 Fort Street to support its growing team. The 5,364 square foot headquarters will serve as the company’s new technology hub. Sidney Natural Foods is in their 40th year of business at 2473 Beacon Avenue. T-Ja y C r e a m e r f r o m
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Victoria Golf Club received the inaugural CGSA/Toro Assistant Superintendent of the Year Award, which is presented to an individual who has demonstrated professionalism, leadership, innovation and a team approach in their work. T-Jay was presented with the award during the CGSA Awards Ceremony held in Quebec on February 28. Cpl. Hei n z K rau ss i s celebrating his 40 th year of serving the West Shore community with the West Shore RCMP. R hino Work Boutique recently celebrated their grand opening at Unit 102 – 19 Dallas Road. Scott Stinson will replace Jim Cambridge as the Sooke School District’s new superintendent effective August this year. Stinson has worked in education in the Greater Victoria region for over 30 years and was once principal in SD62 at David Cameron Elementary School in Langford. T h e D ra go n’s D e n i s coming to Victoria and is looking for potential participants on March 10 at the Pacific Ballroom of the Victoria Marriott Inner Harbour from 10 am to 5 pm. Peninsula Lifetime Eyecare Centre welcomes Dr. Andrew Lewis to their practice at 2389 Bevan Avenue in Sidney. Just for You Fashions is celebrating their 20th year in business at 3142 Cedar Hill Road. The company is a family owned and operated women’s clothing boutique that caters to women over the age of 45 who are looking for a sophisticated stylish look. The multi-million dollar Belmont Market project in Langford got underway at the beginning of March. A ground breaking ceremony was held on March 1 for the Belmont Residences. Plans for the mixed-use development include three main commercial areas featuring a roughly 250,000-squarefoot shopping centre that highlights an almost 53,000-square-foot Thrifty Foods grocery store. The Saanich News welcomes Mitchell Sora to their team of multi-media advertising consultants. Immunoprecise SEE MOVERS & SHAKERS| PAGE 35
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OPINION
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MARCH 2018 A division of Invest Northwest Publishing Ltd. 200-3060 Cedar Hill Road, Victoria V8T 3J5 Fax: 1.250.642.2870 Toll free: 1.866.758.2684 Website: www.businessexaminer.ca
PUBLISHER/EDITOR | Lise MacDonald SALES | Josh Higgins – josh@businessexaminer.ca, Joanne Iormetti – joanne@businessexaminer.ca John MacDonald - john@businessexaminer.ca WRITERS | Julia MacDonald, Beth Hendry-Yim, David Holmes, Kristin Van Vloten
NDP’S ‘BOA CONSTRICTOR’ BUDGET BEGINS ASSAULT ON BUSINESS
MARK MACDONLD
S
urprise, surprise. It’s the same old NDP. That’s what this version of the NDP, with the Green Party in tow, demonstrated with their first provincial budget in February that called for almost $6 billion in tax increases in just its first year in government. Not to mention driving the provincial debt up by $4.1 billion to $69.4 billion – the biggest single-year increase in six years. It appears that despite 17 years on the opposition benches after a disastrous decade in power, the NDP hasn’t learn anything about the economy. It’s the same old tax and spend, and the all-too-familiar message to business: Look out. The wolves are back in the proverbial hen house, searching for nest eggs. Particularly for those in the real
estate market. And, gasp, small business – the “sector” the GreeNDP always claims they support. Call this the first flexing of the GreeNDP’s boa constrictor effect on the economy. As they’ve been in power less than a year, it won’t be enough to stop the provincial economy’s momentum, since it will take a lot more than that to undo the progress that’s been made by free enterprise governments since 2000. But the budget is still an indication of where the business community feared this version of the NDP would tread. Let’s look at a couple of areas: Real estate and small business First, real estate, starting with two words: Supply. Demand. These two words explain commerce in its rawest of forms. It’s a very simple concept, worked out in full view, every day in the marketplace. If the amount of supply goes up and demand goes down, there is less competition and the price of supplies goes down, since there are less buyers for more products. If there is a scarcity of supply and abundance of demand, prices rise because there is more competition and demand. It’s the same principle, with the opposite effect, as more purchasers for less goods
means prices climb, because they can. This is the most basic of any economics lesson. In regards to B.C.’s real estate market, arguably THE driver of jobs and revenue over the last decade, there isn’t enough supply, and with increased demand, prices rise. So what does the NDP do in its first budget? Start strangling demand, by introducing a potential $1.3 billion in additional real estate taxes, and hiking the punitive foreign buyers tax on real estate from 15 to 20 per cent. A headline in the Globe and Mail summed it up thusly: “B.C.’s NDP budget takes aim at real estate market”. Former Premier Christy Clark introduced the 15 per cent surcharge during her reign, a wealth tax aimed at the well-heeled outside the country, to score political points with voters concerned about the high cost of housing. By squeezing the market by adding more taxation, the government has narrowed the number of buyers interested in purchasing homes, meaning retirees looking at their primary residences as their largest investment for retirement will now get less. By attacking demand, the NDP is making it less appealing for foreign
buyers to buy B.C. real estate. They think this is a noble pursuit, failing to acknowledge it is punishing our own citizens whose opportunities to sell their homes to fund their retirement for more money will diminish. The real issue with real estate in this province is supply. There isn’t enough. The solution? Build more. Yet that isn’t really something the provincial government can control, because development decisions are made at the civic and regional district levels, which are, more often than not, led by no-development factions and layer upon layer of bureaucrats that set up roadblocks up to stop development, aka “delay, delay, delay”, that limits supply, which drives prices up even further. And this brings us to a segue into Small Business. The NDP’s commitment to raise the minimum wage to $15 is a roundhouse kick to the solar plexus for small business owners more than anyone. It leaves owners with one of two options: Raise prices to cover the new wages which means inflation, or cut staff to keep overhead costs down if the market can’t bear higher rates. Another punch in the gut for companies came with their announcement of an MSP payroll
tax. One business owner with a $3 million payroll states that the NDP’s new tax will take an additional $60,000 from the firm each year. We haven’t even touched on the extra carbon tax adds “hidden” costs for company vehicles, deliveries, etc. All these tax hikes make the miniscule reduction in the provincial small business tax rate meaningless. H e re a g a i n i s N DP i d e ology-over-reality at work once again. It’s as if they believe by boosting pay to a so-called “living wage”, that minimum wage workers will suddenly be able to buy homes, for example. Minimum wage jobs don’t pay enough to allow workers to purchase homes. They never have been, and never will be. Maybe the GreeNDP deliberately intends to discourage high-end real estate purchasers from investing in B.C., and by lessening demand, they think it will make real estate more affordable. Or perhaps they think that by hiking the minimum wage, those same minimum wage earners will be able to buy homes. Either way, the NDP is wrong. And they’ve now officially begun to squeeze B.C.’s economy.
UNPLUGGED FROM THE REALITY OF OUR ENERGY NEEDS
MARK MILKE
I
f you ever wonder how academics and activists combine to end up utopian, anti-poor and anti-middle class all at once, look no further than calls for savings and pension divestment from Canadian oil and gas companies. One academic from Toronto’s Ryerson University wrote of how “we are facing an impending disaster” from fossil fuels. The professor had several demands: That companies “reduce their carbon footprint to net zero” or be forcibly wound down. If they don’t voluntarily commit economic hara-kiri, towns and cities must even more massively subsidize green industries to put hydrocarbon industries out of business. Finally, a demand that the Canada Pension Plan drop its oil and natural
gas holdings. That last idea isn’t as unthinkable as it should be: New York City Mayor Bill de Blasio announced this month that he would direct the city’s five pension funds to dump US$5 billion worth of fossil fuel investments, which he boasted will be the biggest municipal divestment in the U.S. so far. Calls to kill off carbon-based energy investments are also pushed by the more extreme voices in some environmental groups. One duo claimed (incorrectly) that “The end of the fossil-fuel era is on the horizon.” Such woolly thinking, a perennial problem in human societies, is evident in the notion that Canadians can just cut off one of the country’s comparative economic advantages, oil and gas. And then replace it, and the many products for end-use consumers, with solar, wind and other costly alternatives. Reality check: Most alternative green energy, like wind and solar, is inconsistent in terms of power production, requiring conventional backups fuelled by fossil fuels or nuclear energy. Nor are other alternatives such as biofuels and batteries yet capable of replacing, for example, the jet fuel necessary to fly airplanes
or the diesel that trucks use to transport food, medicine and consumer goods. Anyone who believes the end of fossil fuels is near is not operating in the realm of reason. It’s why the International Energy Agency wants more renewable and other alternative energy, but is realistic that oil and natural gas consumption will rise for decades. The IEA forecasts a 30 per cent rise in energy demand between now and 2040, the equivalent of adding another China and India to the global demand curve. The IEA predicts the world will consume 105 million barrels of oil daily in 2040, up from an average of 96 million barrels daily in 2016. It also predicts natural gas consumption will rise dramatically. For instance, natural gas demand in China is forecast to triple between now and 2040. Even California Gov. Jerry Brown, a champion of green energy, has continued to encourage oil and natural gas development. That’s why California remains the third-largest oil-producing U.S. state. As 60 Minutes noted in a recent profile of Brown, “he refuses to curb oil production until there’s a viable alternative.” Sure, one could demand that governments just enlist consumers and
taxpayers in ever-more subsidies for alternative energy efforts. Yet most renewable energy, from wind to solar, is already heavily subsidized, and remains unreliable and expensive to end consumers. For example, Ontarians between 2006 and 2014 spent $37 billion on above-market-price subsidies to providers of wind, solar and other energy alternatives. To produce even more will be additionally costly. Also, as I detailed in my recent report Corporate Welfare Cash for the Canadian Taxpayers Federation, alternative energy is already much more subsidized in Canada than is oil and gas. (That noted, oil, gas and renewable energy companies alike should be cut off from taxpayer-funded subsidies; that would help even the playing field among all potential energy suppliers.) Lastly, the notion that building subsidized wind turbines and solar panels in Canada can replace the jobs, incomes, exports and tax revenues of a long-profitable sector is folly. From Newfoundland to northern British Columbia, there are 300,000 people directly employed in the oil and gas business with 650,000 spinoff jobs. Oil and gas products represent $136 billion in exports to the United States and $22 billion in
annual tax revenues to governments. And that brings us back to advocacy against investment in the energy sector, the so-called divestment movement. In a rebuke to the divestment demands, Quebec credit union Desjardins Group recently ended its moratorium on pipeline project financing. Depending on where Desjardins goes on a more general social and environmental framework, that decision could be positive or merely a prelude to anti-energy investment decisions. Meanwhile, calls are growing for the Canada Pension Plan to be divested of energy investment. If that happened, a useful investment criteria - returns - would be sacrificed to anti-reality advocacy. Plus, Canadian employment and income would be reduced by such a decision. It would harm the middle class and the poor. That’s the problem with anti-consumer and anti-empirical advocacy dreamed up in academia and furthered by reality-blind activism. Ideas have consequences, especially bad ones. Mark Milke is an author, an independent policy analyst and contributing writer to Canadians for Affordable Energy.
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MOVERS AND SHAKERS
MARCH 2018
MOVERS AND SHAKERS CONTINUED FROM PAGE 33
Antibodies Ltd. announced the appointment of Dr. Jenn i fer Bat h , a s t h e n e w President and CEO of the Company effective February 21. Most recently, Dr. Jennifer Bath served in an executive role at Aldevron, LLC, as the Globa l Director of Client Relations, where she held both strategic and technical role.
NEWS UPDATE CONTINUED FROM PAGE 6
advisories where appropriate, and community information meetings. The Residuals Treatment Facility is being funded by P3 Canada, the Province of British Columbia and the CRD. Construction is anticipated to begin spring 2018 and take approximately two and a half years to complete.
SIDNEY Sidney to Host 2018 Rowing Championships The best coastal rowers in the world will be churning up the waters off Sidney when the community hosts
Immunoprecise operates from two state-of-the-art laboratory facilities in North America and Europe. The Company’s facility at the Vancouver Island Technology Park in Victoria, houses tissue culture and molecular facilities, an animal care unit, and cryo-preservation facilities. The Province of British Columbia h a s appoi nte d it s f i rs t i n novat ion
commissioner to advocate for the province’s technology sector. Alan Winter, former president of the non-profit organization Genome BC, takes the role for one year, with an option to extend his role based on performance. Premier John Horgan said that Winter’s role will create opportunities for technology companies and spur innovation across all industries and regions in the province.
t he 2018 World Row ing Coastal Championships from October 11-14 this year. T he event Orga n izi ng Committee, which includes several Olympic medalists, has worked with the Town of Sidney to secure use of Tulista and Lochside Parks as the location for the Championships, ensuring a beach start for the first time ever at the international competition. The successful bid also takes advantage of the community’s walkability, the venue’s close proximity to local hotels, meeting space and other amenities. “We are excited that The World Row i ng Fe deration (F I SA) h a s chosen Sidney as the venue for the 2018 World Rowing Coastal Ch a mpion sh ips. Tow n sta ff, loca l com mu n ity
organizations, local businesses, and a passionate volunteer base will support this event and ensure it is the best ever and that we make Canada proud,” says Sidney Mayor Steve Price. Sidney is a 10-minute drive from the Victoria International Airport and Swartz Bay Ferry Terminal, with the Washington State Ferry Terminal from Anacortes located next to the event venue, making the township an ideal location for the events. The Championships are expected to attract hundreds of participants from around the world. Organizers hope to have large crowds to welcome the world’s best in coastal rowing. Free access to the site will be provided for spectators.
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