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Insights Newsletter – Aug 12, 2022

By September 2, 2022No Comments

City of Victoria’s New Buildings to be Zero Carbon by 2025

With the race on to reach net zero carbon reductions in order to prevent the worst effects of climate change, the City of Victoria is taking charge with new construction regulations.

Victoria will require all new construction to be zero carbon by 2025 as part of its accelerated climate action plan to achieve an 80% reduction in community greenhouse gas emissions by 2050.

The new requirements were developed with the local building industry, co-led by the City of Victoria, the District of Saanich and the District of Central Saanich with support from the CRD.

UVic Receives $1.5 million in Federal Funding for Hybrid Electric Propulsion Development

With over 200 companies in B.C.’s aerospace sector, the province has become one of the largest aerospace clusters in Canada and is gaining more prevalence with a recent funding announcement.

Harjit S. Sajjan, Minister of International Development and Minister responsible for the regional development agency Pacific Economic Development Canada (PacifiCan), announced over $7.5 million in funding for three B.C. aerospace organizations. This includes $1.5 million in funding for SIPP member UVic, towards the development of hybrid electric propulsion systems. These reduce environmental impacts and improve aircraft endurance.The funding will help the organizations to innovate, commercialize technologies and improve global competitiveness while creating 110 jobs.

SIPP Director of Economic Development Pays Tribute to Victoria Business Leader Michael Weston

In his latest blog post, SIPP’s Director of Economic Development Dallas Gislason reflects on the legacy of founding SIPP member Michael Weston, whose leadership helped turn a vision for regional economic development collaboration into reality.

The World has Changed. So Have We.

Discover how South Island Prosperity Partnership is evolving to create a more resilient, innovative, sustainable and equitable economic future for Greater Victoria.

UVic, RRU and Camosun Partner to Build New Campus and Improve Education Accessibility

A major collaboration between three educational institutions is bringing new post-secondary learning opportunities to the South Island.

UVic, Royal Roads University (RRU) and Camosun College are partnering to create a West Shore campus in downtown Langford. The campus is anticipated to open in fall 2024 with approximately 600 students. By 2035-36 the campus will serve around 1,300 full-time students.

Thanks for Reading!

Let us know your views on this week’s newsletter and what stories you want to see, so we can help promote a resilient and robust economy for the Greater Victoria region.