Victoria Business News for February and March 2019

Three business facts that you should know to stay updated on Victoria commerce.

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#1. A new year means new payroll tax hikes. On January 1, Canada Pension Plan premiums jumped from 4.95% of employee earnings to 5.1%. Earning limits went from $55,900

#2. BC Ferries CEO Mark Collins will  talk about BC Ferries’ plans to evolve the coast ferry system and the future of Swartz Bay terminal at the Victoria Chamber Business Leaders Luncheon, March 6. victoriachamber.ca

#3. Say goodbye to single-use plastic bags in Saanich as of June 2020. The move follows a bag ban by Victoria in 2018, challenged in court by the Canadian Plastic Bag Association. The BC Supreme Court dismissed that challenge.

This article is from the February/March 2019 issue of Douglas.