March 25, 2020: The streets of downtown Victoria are quieter than usual in the wake of physical isolation mandates from the provincial and federal governments due to COVID-19. (Arnold Lim / Black Press Media)

March 25, 2020: The streets of downtown Victoria are quieter than usual in the wake of physical isolation mandates from the provincial and federal governments due to COVID-19. (Arnold Lim / Black Press Media)

South Island leaders form taskforce to address economic crisis amidst COVID-19

Rising Economy Taskforce to address economic crisis and resiliency

South Island leaders from local government, businesses, institutions and nonprofits are coming together to address the ongoing major economic downturn in the region.

The Rising Economy Taskforce, convened by the South Island Prosperity Partnership (SIPP), was created to develop a strong and coordinated region-wide response to the economic crisis brought on by the COVID-19 pandemic.

The South Island Prosperity Partnership is an alliance of more than 60 public and private sector partners in Greater Victoria. In a statement, the partnership said it views a multi-stakeholder approach as “essential to developing a coordinated economic recovery strategy.” The approach is also helpful to move forward plans to create economic resiliency in the region as a precaution against future crises.

According to Emilie de Rosenroll, SIPP chief official, the task force will focus on supporting relief and recovery efforts and will explore what is needed for longer-term economic resilience.

READ ALSO: Economic impact of COVID-19 on Victoria’s tourism industry will be ‘devastating,’ experts say

“While things may still get worse before they get better, our region must start planning immediately if we want to see the vibrancy return to our economy,” de Rosenroll said in a statement. “The south Island is collaborative – as a result, we can come together to ensure that when the recovery begins, we rebound as quickly as possible. By coming together now, we can use this crisis as a platform for future prosperity.”

The task force will provide guidance and gather input to inform a recovery strategy with some preliminary actions such as conducting a business impact assessment and evaluating demand for a business recovery centre. Impact on key economic assets will also be measured. Additionally, the task force will assess employment issues and explore business transitions and new emerging opportunities.

Members of the task force include leaders from Thrifty Foods, Accent Inns, Wilson Group, the Greater Victoria Chamber of Commerce, Destination Greater Victoria, the Canadian Migration Institute, Jawl Properties, the University of Victoria, Shop Local YYJ, the Westshore Chamber of Commerce, the Victoria Foundation, Vancity, Esri Canada and MNP.

READ ALSO: Stats Canada expects COVID-19 to impact inflation

Other leaders include Sidney Mayor Cliff McNeil-Smith, Victoria Mayor Lisa Helps, entrepreneur Rasool Rayani, CRD Board Chair Colin Plant, Esquimalt-Metchosin MLA Mitzi Dean, Colwood Coun. Doug Kobayashi, Saanich Coun. Zac de Vries and Esquimalt Coun. Ken Armour.

Thrifty Foods vice president of operations Ralf Mundel said the task force is a “crucial initiative.”

“We know the Rising Economy Taskforce will be effective and engaging as we create relief, recovery and resilience in our new economy,” Mundel said.

shalu.mehta@blackpress.ca


Like us on Facebook and follow us on Twitter

Coronaviruseconomy

Just Posted

New changes are being proposed to four streets in James Bay to allow better access for cyclists. Residents have until June 11 to provide feedback. (Black Press Media file photo)
New revisions to James Bay bike lanes open for feedback

Routes on Government and Montreal streets planned for 2022

An elderly man having a medical emergency in Mount Douglas Park on May 13 was rescued by firefighters and paramedics with the help of ATVs. (Devon Bidal/News Staff)
Rescue team uses ATVs get man in medical distress out of Saanich park and to hospital

Cedarhill Road closed as firefighters, paramedics rescue man in Mount Douglas Park

While recovering several items reported stolen from the set of a Netflix movie in early April, West Shore RCMP also seized drugs and drug trafficking items from a Colwood residence last week. (Black Press Media file photo)
Electronics, credit cards taken from Neflix set found in Colwood home

West Shore RCMP seize stolen items, drugs, trafficking materials

Saanich police used a drone to investigate a fatal crash in the 5200-block of West Saanich Road on Feb. 4, 2021. (Devon Bidal/News Staff)
Police determine speed, impairment not factors in fatal West Saanich Road crash

Driver who died veered across center line into oncoming traffic for unknown reason, police say

Prince Rupert was one of the first B.C. communities targeted for mass vaccination after a steep rise in infections. Grey area marks community-wide vaccine distribution. (B.C. Centre for Disease Control)
B.C. tracks big drop in COVID-19 infections after vaccination

Prince Rupert, Indigenous communities show improvement

Anyone with information on any of these individuals is asked to call 1-800-222-TIPS (8477) or visit the website victoriacrimestoppers.ca for more information.
Greater Victoria Crime Stoppers wanted list for the week of May 11

Greater Victoria Crime Stoppers is seeking the public’s help in locating the… Continue reading

The bodies of Carlo and Erick Fryer were discovered by a local couple walking on a remote forest road in Naramata on May 10. (Submitted)
Kamloops brothers identified as pair found dead near Penticton

The bodies of Carlo and Erick Fryer were discovered by a local couple walking

Municipal governments around B.C. have emergency authority to conduct meetings online, use mail voting and spend reserve funds on operation expenses. (Penticton Western News)
Online council meetings, mail-in voting option to be extended in B.C.

Proposed law makes municipal COVID-19 exceptions permanent

A nurse prepares a dose of the COVID-19 vaccine in Kelowna on Tuesday, March 16. (Phil McLachlan/Black Press)
British Columbians aged 20+ can book for vaccine Saturday, those 18+ on Sunday

‘We are also actively working to to incorporate the ages 12 to 17 into our immunization program’

The AstraZeneca-Oxford University vaccine. (AP/Eranga Jayawardena)
2nd person in B.C. diagnosed with rare blood clotting after AstraZeneca vaccine

The man, in his 40s, is currently receiving care at a hospital in the Fraser Health region

Canada’s demo Hornet soars over the Strait of Georgia near Comox. The F-18 demo team is returning to the Valley for their annual spring training. Photo by Sgt. Robert Bottrill/DND
F-18 flight demo team returning to Vancouver Island for spring training

The team will be in the Comox Valley area from May 16 to 24

Ladysmith RCMP safely escorted the black bear to the woods near Ladysmith Cemetary. (Town of Ladysmith/Facebook photo)
Bow-legged bear returns to Ladysmith, has an appointment with the vet

Brown Drive Park closed as conservation officers search for her after she returned from relocation

Most Read