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Quotes on the Economy

“The crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought.”
- Rudiger Dornbusch, MIT economist, as quoted by John Hussman 7 Nov 2011


"If we want things to stay as they are, things will have to change." The Leopard  by Giuseppe Tomasi di Lampedusa

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2011 Inaugural Address to City of Victoria

Good afternoon everyone and thank you for joining us today

We raise our hands to the Songhees and Esquimalt Nations in whose traditional territories we live and work. 

Hay sxw qa.

I am honoured to be here, with this team of councilors around me

We are a progressive council elected in challenging financial times

I will start by congratulating each person around this table

It is a great privilege our residents have granted us – and I know that we all take this responsibility very seriously

To our three new faces – welcome – your long standing commitment to our community has not gone unnoticed, and now you begin in a new role serving the community you love

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Landmark could spur Harbour Plan: Fortin

Bill Cleverley
Times Colonist
Bill Cleverley
Times Colonist

Redevelopment of the CPR Steamship Terminal building could be the lead domino in bringing about a new vision for Victoria's harbour, Mayor Dean Fortin said Wednesday.

The Provincial Capital Commission is picking a tenant for the landmark 1924 building, which was formerly home to the Royal London Wax Museum. While Fortin is not involved in the selection process, he said he is excited that the building could become part of a new Belleville Street ferry terminal.

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A Vibrant Downtown!

This mornings paper reports the opening of a new downtown grocer, the coming of Smoking Bones to the Hudson, along with 2% Jazz Coffee, the Royal Bank and a hair Salon.  Stores are being filled on Douglas Street and Johnson and Govt.  Reminds me of the old statement by Samual Clemments (Mark Twain) "News of my demise are slightly exagerated".  Thanks everyone for investing and believing in downtown Victoria!

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Streets to homes boasts positive early results

Rosanne Holman
Victoria News
Rosanne Holman
Victoria News

Sixty-nine people without homes have been placed in private market housing through the Streets to Homes program, and 95 per cent of those stayed put beyond the six-month mark.

It's a positive result for the program, launched a year and a half ago by the Greater Victoria Coalition to End Homelessness. B.C. Housing chipped in rental subsidies for 70 participants.

Recently, the provincial housing body granted another 50 subsidies, which are paid directly to the landlord.

The goal is to house 120 people into the private market, with the support of a social worker.

To date, 19 landlords have participated in the program, and according to a survey conducted in September, all remain satisfied with it.

 

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