Greater Victoria Chamber of Commerce

Bruce Carter has served notice of his departure effective next June, his 12 year anniversary.

Ow wow. What's the source?

Bruce Carter has served notice of his departure effective next June, his 12 year anniversary.

As I was having coffee today with our mutual friend John P a chamber staff member, I assume from their Marketing or Sales team, happened to recognize him came over and introduced herself and quietly dropped this news on our table. You'll be thrilled to know I/we volunteered your name to fill the vacancy....  

Ow wow. What's the source?

 

Chamber newsletter

 

http://archive.const...3068265904.html

Edited by rjag, 03 December 2015 - 07:55 PM.

I thought Bruce did a pretty good job of representing the Chamber, until the letter to Esquimalt on the sewage vote. You may remember that the Bruce Carter signed letter was sent after the deadline for any submissions. The letter was released publicly and was urging Esquimalt Council to vote in favour of rezoning McLaughlin Point. Totally on the wrong side of the issue and history. Carter has taken other positions that were also questionable. Probably time for some new blood.

 

 

 

The Chamber's AGM

Edited by Victoria Watcher, 09 March 2024 - 03:58 AM.

Everybody recognizes the issues. Retailers move out, bars move in. Vice is always the last rung for a declining commercial area that retailers cannot survive in, or can’t compete in. In downtown Victoria it’s a combination of both.

Nobody here could name just five downtown retailers that moved in to the spot of a former bar or restaurant selling booze.

But we can name dozens of places selling booze that have taken over former retail spaces, or had to add booze to their operation.

It’s a downward spiral for a commercial area, which needs balance to remain health, and to withstand economic ebbs and flows. And right now it is becoming severely imbalanced.

Times Colonist, Fairway's Yuen family, CHEK Media, Alan Lowe, Michael Williams in Chamber's hall of fame

 

https://www.timescol...of-fame-9509755

 

 

 

 

 

 

The guy that currently co-owns the TC stole somewhere around $90M US dollars and spent time in jail for it. 

 

I guess that's hall of fame numbers. 

 

He's not allowed to run any US public companies, period.  No Canada ban though, even though he spent the last of his prison sentence here.

 

 

 

 

 

On 18 March 2007, it was reported that Mr. Radler had signed a settlement with the US Securities and Exchange Commission that will see him pay a penalty of almost US$29 million and prevent him from acting as an officer or director of any public company in the United States. The next day, it was announced that Mr. Radler has settled with the Sun-Times Media Group, agreeing to pay them $64.1 million. 

 

 

 

 the London Daily Telegraph, the Chicago Sun-Times, the Jerusalem Post, the Southam chain of Canadian newspapers and hundreds of small American newspapers, Hollinger International began to suffer from financial strain in the late 1990s. Radler and Black then sold off hundreds of their Canadian and American newspapers. Radler, who has lived in Vancouver, British Columbia, since the early 1970s, created a company called Horizon Publications Inc. This bought up some of the American newspapers owned by Hollinger International.

 

After controversy developed in 2003–2004 concerning $32,000,000 of 'non-compete' payments made to Black and Radler in the sale of Hollinger newspapers, the US Securities and Exchange Commission (and Canadian authorities as well) announced that Black and Radler were under investigation for their involvement.

 

Radler was eventually charged with five counts of mail fraud and two counts of wire fraud. On 20 September 2005, Radler pleaded guilty in a Chicago court to one count of mail fraud in relation to the 'non-compete' payments.

 

These payments had been diverted by Radler to a company controlled by himself and Black, Horizon Publications Inc. By disguising the payments as 'non-compete' payments, non-sales proceeds, Radler took advantage of a Canadian tax ruling that made them tax-exempt. The prosecution argued that these moneys belonged to Hollinger International, and had been improperly and secretly diverted to Black and Radler. Radler was sentenced to a fine of $250,000 and a term of 29 months in prison. He had been assisting the prosecution in the investigation of his former business partner. Black is currently being tried on the many charges; his trial began in Chicago in March 2007. Patrick Fitzgerald is the lead prosecutor in the Black case, and Black is represented by a legal team which includes Toronto lawyer Edward Greenspan.

 

In the fall of 2005, the Board of Trustees of Queen's University, Radler's alma mater,^[6] directed that Mr. Radler’s name be immediately removed from the building wing of their business school that had been named after him, and his personal donation was returned. Subsequently, the university discovered that returning charitable gifts is impossible under Canada Revenue Agency regulations, which prevented the return of the donations from the various media companies. To make matters more complex, some of the companies themselves were no longer in operation, and others did not wish the gift returned in any case. While the board’s ethical decision was rightly lauded, the complexities of the gift, and the uncertainty about the rules at the time, created lingering confusion. After careful consideration and in consultation with Osprey Media (which now owned many of the companies that had made the original donations), it was agreed that in spirit Queen’s had returned the gift and Osprey had made an equivalent donation; Osprey is now recognized on the wall of the business school at the level of the donation. It was widely reported at the time that a Toronto hospital had no intention of returning Conrad Black's financial gift. This prompted some to question the wisdom of Queen's returning David Radler's generous donation. The business school, for its part, explained that the charge that Mr Radler had pleaded guilty to was "very serious" and not congruent with the values of the school and those it teaches.

 

On 18 March 2007, it was reported that Mr. Radler had signed a settlement with the US Securities and Exchange Commission that will see him pay a penalty of almost US$29 million and prevent him from acting as an officer or director of any public company in the United States. The next day, it was announced that Mr. Radler has settled with the Sun-Times Media Group, agreeing to pay them $64.1 million. The news of the SEC settlement sparked protest from the defence at the Conrad Black trial; the defence claimed that such news would negatively influence the jury.

 

Radler started serving his 29-month sentence for fraud on 25 February 2008 by reporting to Moshannon Valley Correctional Center in Pennsylvania. He was transferred to FCI Ray Brook in Upstate New York and was turned over to Canadian authorities on 18 September 2008. He was paroled from Ferndale Institution in Mission, British Columbia on 15 December 2008. ^[7] He served only 10 months of a 29-month sentence. He was released on the grounds that he was unlikely to "commit an offence involving violence" before his sentence expired. The board said it was limited to considering only the matter of physical violence and could not consider the financial devastation caused by his crimes or the many victims of these crimes left in its wake.

 

Radler is now back at work in his office in Vancouver running his business, the Alberta Newspaper Group.

 

 

 

https://en.wikipedia...ki/David_Radler

Edited by Victoria Watcher, 12 September 2024 - 10:04 AM.

Odd thread title.

How's this?

Better!

I think it's "Greater" though.

Oh yeah!

Ian Thow $32M.   Thow is a former Berkshire Investment Group vice president who fled the country in the summer of 2005 amid claims from former clients and creditors that he bilked them out of more than $32 million.

 

https://www.bcsc.bc....arkets-for-life

 

Greg Martel $300M.

 

https://www.cbc.ca/n...res/greg-martel

 

Current co-owner of the TC nearly $100M Canadian.

 

https://en.wikipedia...ki/David_Radler

Edited by Victoria Watcher, 12 September 2024 - 12:30 PM.