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The Victoria Economy Thread


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#781 RFS

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Posted 06 December 2019 - 03:27 PM

It's easy to lower the unemployment rate when you give corporations virtual carte blanche in doing business. When you don't have to bother with those pesky environmental assessments, wildlife protection, employment standards and consumer safeguards, it shouldn't be too tough to have strong numbers. But there is more to it than just the number of people looking for work.


Easy to say when you're safely employed. Unemployment causes families to fall apart, drug addiction, suicides, reduced life expectancy, and general sadness and indignity

#782 spanky123

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Posted 06 December 2019 - 04:51 PM

^ Having folks unemployed is not a big deal. All we need to do is provide everyone a guaranteed minimum income and they will be fine!

 

Shame on the US for focusing on the economy, wage growth and employment. 


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#783 Victoria Watcher

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Posted 02 January 2020 - 04:59 PM

an article from macleans that gets everything wrong about economics and markets and systems.

 

why does the left feel so entitled to money they never earned?

 

https://www.macleans...capitalism-now/

 

But the truth of the matter is this: 58 per cent of Canadians have a favourable view of socialism, and 77 per cent of us believe the world is facing a climate emergency. Most Canadians find income inequality to be fundamentally un-Canadian, and there are, numerically, more of us than there are bankers, landlords, brokers and executives put together. The only way for the left to win this fight is for its political vision to expand beyond capitalism, and to capture the widespread desire to move on from its exploitative limits.

 

We’ve lived in that world for long enough. Time for it to end.

 


Edited by Victoria Watcher, 02 January 2020 - 05:01 PM.


#784 Mike K.

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Posted 02 January 2020 - 05:16 PM

Of course, the irony is millions of Canadians moved to Canada over the generations to escape the hellish realities of socialist countries.

Whatever. The media amplifies these talking points because they’re in vogue. This is just the latest round of sensationalism (capitalism is bad; socialism is good).
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#785 Jason-L

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Posted 02 January 2020 - 10:45 PM

Of course, the irony is millions of Canadians moved to Canada over the generations to escape the hellish realities of socialist countries.

Whatever. The media amplifies these talking points because they’re in vogue. This is just the latest round of sensationalism (capitalism is bad; socialism is good).

Of course, the irony is millions of Canadians moved to Canada over the generations to escape the hellish realities of socialist  totalitarian/authoritarian countries.

 

Fixed that for you.


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#786 Mike K.

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Posted 03 January 2020 - 06:14 AM

Yes, that too.

Lots of places were and are awful, namely because the society was strangled by socialism/communism, and in some cases authoritarianism sprinkled in for good measure.

It’s easy to live in Canada where one of the world’s most productive capitalist societies provides you with all the freedoms and opportunities, and espouse the virtues of something you know absolutely nothing about but think is superior, because, you know, capitalism sux!!
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#787 JohnN

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Posted 03 January 2020 - 06:47 AM

an article from macleans that gets everything wrong about economics and markets and systems.

 

why does the left feel so entitled to money they never earned?

 

https://www.macleans...capitalism-now/

Domise mentions "communist" once and "socialism" once because he is pretty well aware that while Canadians may laud decreased inequality, they're quite okay with the mixed market model Canada has: socialism-lite+capitalism-heavy. Its a model that operates with more or less efficiency in much of the world. Interesting that Domise has had some legal problems a few years ago, getting a conditional discharge from assaulting a woman three times: https://www.thestar....-withdrawn.html


Edited by JohnN, 03 January 2020 - 06:49 AM.

:)

#788 spanky123

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Posted 03 January 2020 - 08:10 AM

^ Ironic that if you are an athlete or actor and assault a woman your career is over, yet if you are a socialist then bah. 



#789 Mike K.

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Posted 03 January 2020 - 08:32 AM

He’s just misunderstood and is himself a victim. Probably had a traumatic exam score in university, or read Cenk’s guide to dating.

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#790 Victoria Watcher

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Posted 04 February 2020 - 05:25 AM

Following a years that saw critics of the chamber question its relevance in the community, 2019 saw the business organization begin to raise its profile with a series of initiatives.

 

It hosted business strategy seminars, launched a social media contest, and co-hosted the 2019 federal election all-candidates meeting.

 

The chamber is also seeking the return of $28,000 in municipal funding it gave up in 2016, without any expectation of the economic development responsibilities that was earmarked with the original funding.

 

“It wasn’t reasonable,” Mason said.

 

“Economic development is a whole career set — a six-figure-a-year job. There was no way that a group of volunteers at the chamber, without experience in economic development, could or should have been expected to pull it off.”

 

The funding request is still before district council.

 

Mason said a properly funded chamber of commerce will help to turn the corner for Sooke businesses.

 

 

https://www.vicnews....-new-president/

 

i'm not sure how relevant a sooke chamber is but i do know they should be independant of government - and government support.  

they should be selling memberships to raise operating funds.  period.  if they can not raise enough money from memberships then they are too small to be a real entity.


Edited by Victoria Watcher, 04 February 2020 - 05:28 AM.


#791 JohnN

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Posted 04 February 2020 - 05:56 AM

 

Following a years that saw critics of the chamber question its relevance in the community, 2019 saw the business organization begin to raise its profile with a series of initiatives.

 

It hosted business strategy seminars, launched a social media contest, and co-hosted the 2019 federal election all-candidates meeting.

 

The chamber is also seeking the return of $28,000 in municipal funding it gave up in 2016, without any expectation of the economic development responsibilities that was earmarked with the original funding.

 

“It wasn’t reasonable,” Mason said.

 

“Economic development is a whole career set — a six-figure-a-year job. There was no way that a group of volunteers at the chamber, without experience in economic development, could or should have been expected to pull it off.”

 

The funding request is still before district council.

 

Mason said a properly funded chamber of commerce will help to turn the corner for Sooke businesses.

 

 

https://www.vicnews....-new-president/

 

i'm not sure how relevant a sooke chamber is but i do know they should be independant of government - and government support.  

they should be selling memberships to raise operating funds.  period.  if they can not raise enough money from memberships then they are too small to be a real entity.

 

Would be hard to match the relentless business boosterism of Victoria Chamber's Brian Small who died in January: https://www.timescol...ions-1.24067829


:)

#792 Mike K.

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Posted 04 February 2020 - 06:26 AM

Isn’t the whole point for a chamber to be comprised of individuals with experience in economic development? That’s just a fancy word for running a successful business.

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#793 Victoria Watcher

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Posted 04 February 2020 - 06:32 AM

launching a social media contest does not seem to me a large accomplishment.

#794 Mike K.

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Posted 04 February 2020 - 07:10 AM

Nor does hosting an all-candidates meeting.

Sooke’s chamber initiatives should be under the West Shore chamber umbrella.

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#795 Rob Randall

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Posted 16 March 2020 - 04:20 PM

I did a little digging to find news stories about things that would have a "serious impact" on the economies of Victoria and Vancouver Island.

 

I found things like a 1980 tugboat strike, provincial budget cuts in 2001, and a 20-year low in US tourism to Victoria from 2011. All said they would cause "serious impact". It seems almost quaint today. I think you could search back a century and not find a similar event to what's happening this week where you suddenly have every sector of the local economy affected.



#796 Victoria Watcher

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Posted 16 March 2020 - 05:14 PM

of course it's not just the local economy though.  it's north america and lots of the world.  



#797 Mike K.

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Posted 16 March 2020 - 05:21 PM

Seems like we’re all just going to keep more money locally. Is that a bad thing?

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#798 Victoria Watcher

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Posted 16 March 2020 - 05:26 PM

Seems like we’re all just going to keep more money locally. Is that a bad thing?

 

that's certainly useful.  say compared to sars that hit toronto mostly.  


Edited by Victoria Watcher, 16 March 2020 - 05:26 PM.


#799 spanky123

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Posted 10 April 2020 - 08:08 AM

This will have a huge impact on UVIC and UBC due to their heavy reliance on foreign students to fund operations. May be a few profs collecting the CERB come September.

 

https://www.theglobe...as-they-assess/

 

Universities, colleges face potential budget crunch as they assess impact of COVID-19 on international student enrolment


Edited by spanky123, 10 April 2020 - 08:09 AM.


#800 Victoria Watcher

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Posted 10 April 2020 - 08:34 AM

A prominent British higher education consultancy, Quacquarelli Symonds, said in a survey of more than 2,800 international students intending to study in Canada, 54 per cent intended to defer admission by a year. They say about 15 per cent of prospective international students have changed their intentions and are no longer planning to come to Canada.

 

 

 

 

 

without summer and other jobs for students this year maybe it'll also affect generally enrollment too.


Edited by Victoria Watcher, 10 April 2020 - 08:36 AM.


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