5 Business Updates That Should Be On Your Radar For Monday November 27

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BC Ferries had record-breaking traffic in the second quarter of 2017, a temporary use permit was approved for the Tally Ho Motel, and more.

BC Ferries releases its second quarter results

Last week, BC Ferries announced that its second quarter of 2017  saw the highest passenger traffic levels that the company has experienced in more than two decades. This quarter, BC Ferries saw passenger and vehicle traffic increase by 5.2 per cent compared to the same quarter in 2016. In a press release, BC Ferries commented that: “With record high traffic levels over the summer season, and conscious of the impact this can have on ferry customers, BC Ferries provided an extra 460 round-trips over and above its regular summer schedule, with some vessels providing shuttle service on the inter-island routes. Over the past six months, BC Ferries also introduced three new vessels into service.”

 

The 2017 Labour Market Outlook helps British Columbians make informed career decisions

The 2017 Labour Market Outlook document was released last week and projects 917,000 job openings in B.C. over the next decade. Seventy per cent of the upcoming job openings will come from replacing retiring British Columbians while 30 percent will come from economic growth. The report also states that eight out of 10 jobs will require some form of post-secondary training or education. To read more details from the document, visit workbc.ca.

 

Temporary use permit approved for the Tally Ho Motel

After a public hearing, City Council voted to approve a temporary use permit at the Tally Ho Motel (located just off of Burnside Road East), changing its use from a motel to 52 units of transitional housing. This is subject to conditions, including that the applicant undertake planning and design in consultation with the community and mitigate community impacts.

 

An Indigenous Walk of Fame was approved

According to the City of Victoria Council Highlights from November 23, Council has approved (in principal) the establishment of an Indigenous Walk of Fame, subject to support of the Songhees and Esquimalt Nations, and welcomes a formal proposal. Proposals that highlight the project’s scope, content, sponsoring organizations and maintenance plan are welcome.

 

More news on the rental housing crisis

The Market Rental Revitalization Study looks at regulations, policies and incentives that improve the current aging rental buildings in Victoria. After receiving the Market Rental Revitalization Study, Council asked City staff to prepare a new Standards of Maintenance Bylaw and Tenant Relocation Policy. Council has also received an update on the Victoria Housing Strategy and will consider a $250,000 supplementary budget to support City of Victoria housing initiatives.