VICTORIA 3.0 Pivoting to a Higher-Value Economy 2020-2041 - DRAFT ECONOMIC ACTION PLAN

Page created by Aaron Adams
 
CONTINUE READING
VICTORIA 3.0 Pivoting to a Higher-Value Economy 2020-2041 - DRAFT ECONOMIC ACTION PLAN
DRAFT ECONOMIC
                                     ACTION PLAN

VICTORIA 3.0
Pivoting to a Higher-Value Economy
2020–2041
VICTORIA 3.0 Pivoting to a Higher-Value Economy 2020-2041 - DRAFT ECONOMIC ACTION PLAN
COVER
Expedition leader Adrian Round (left) and ocean operations staff member Jonathan Miller carefully monitor remotely operated vehicle
operations on the seafloor more than 2 km below the vessel. Photo by Ed McNichol.

WORDLE HEARTS
This plan was shaped by all the residents and business owners who came to the City’s economic roundtables in the fall of 2019. As part of the
roundtable process (and taking an idea we got from Barcelona, Spain), we asked all participants to use one word to describe Victoria in 2020.
We then asked what one word they would like to be able to use to describe Victoria in 2041. The word clouds at the beginning and end of this
document are their answers.
VICTORIA 3.0 Pivoting to a Higher-Value Economy 2020-2041 - DRAFT ECONOMIC ACTION PLAN
Our residents and business owners say victoria in 2020 is…

                         Building                                                       Schizophrenic
                                                                                         Regimented

                                                                             Co
                      Complacent
                     Transforming                                                                  Ho

          Expensive
                                                                                              Self-Absorbed
                                                                                                  Unambitious
                                                                                                           pe

                                                                           g
                                                                            Sober

                                                                         in
                      Environmental
          s

                                                                        zl
       es
                                                                           Creative                    Isolated

                    Disconnected
   m e
                                                                                                                   fu

                                                                       z

                                                                                   m
                                                                    Si
    el
Hoickl
                                                                                                           shrimp

                                                                                                   Li
                                                                                                                             l

                                                                                                    abv
 F

             Tourism

                                                                                                      le
                                                                                                                Phi

                                                                                        fo
Business                                                                                                                          Ideal
                                                                                                                    los
Integral                                                                                                   Un                p
                     ow
                                                                                Lifestyle
                                                                                                                 exp hical

                                      u l
   Alive            Sl

                                                                                           r
                                                                                                                    lore
                                    f
Se C

                          l     t i
                     Unassuming
                                                                                                                         d
  lf- olo

                                                                                           Sleepy
                                                        Welcoming

                                                                                                   ta
                        a
                      n       u
     Co n

                    Progressive-ish

                                                                                                                        C
                  i o       a

                                                                                                                         ap
                t
       nt ial

                                                                                                      Sm
              i          e

                                                                                                                        Cl
                                                                                                                             ab
                                                                                        Emerging
            d

                                                                                                                                  ful
          en

                     B Good

                                                                                                                        os
                                                                                Fresh

          a

                                                                                                          bl
                                                                                                                                 le
                                                                                                          all
        r
             t

                                                                                                                                 ce
                                                                                                                         ed
       T                                                          Nee
                                                                     d   Inspired

                                                                                                                                a
                                Potential
                                                                             Learning                Lovely

                                                                                                                             Pe
                       Ambivilent

                                                                                                                e
         Pristine                                                                                           Open

                                                                                                                 s
             Victorian

                                                                                                               ng tie
                                             Growing
                                            y

                                                                                                             ni ni
                                         bl
                      Un

                                                              Genuine
                 Te
                 C hn

                                                    Costly                     Awoken

                                                                                                          tio tu
                                         m

                                                                                                   d
                  on ic

                                    Ni
                    c

                                                                                                        si or
                      st al

                                                                                              uble
                          in io

                                                                                                      an pp
                        ru
                            ven
                           ct

                          Pr

                                                                                                    Tr O
                                                 Vibrant
                               og                             Diverse Slow
                                s

                                    re

                                                                                          Tro
                                         te

                                      ss
                                         iv
                                           e
                                             d

                                                      Quaint
                                                B Invigorating             Local
                                                 us
                                                    in
                                                       es
                                                          se
                                                        Volatile
                                                             s
                                                             Fragmented
                                                                Mantis
                                                                    ld
                                                                  O

                                                                                                                             City of Victoria | VICTORIA 3.0   1
VICTORIA 3.0 Pivoting to a Higher-Value Economy 2020-2041 - DRAFT ECONOMIC ACTION PLAN
2   VICTORIA 3.0 | City of Victoria
VICTORIA 3.0 Pivoting to a Higher-Value Economy 2020-2041 - DRAFT ECONOMIC ACTION PLAN
Victoria 3.0 Vision

As the Capital City, Victoria is a future-ready, globally-fluent,
influencer and innovator. We are using our status as a small
powerhouse to create high-value jobs and build a high-value
economy that meets our needs now and anticipates the future.

                                                     City of Victoria | VICTORIA 3.0   3
VICTORIA 3.0 Pivoting to a Higher-Value Economy 2020-2041 - DRAFT ECONOMIC ACTION PLAN
LEKWUNGEN TRADITIONAL DANCERS

         4   VICTORIA 3.0 | City of Victoria
VICTORIA 3.0 Pivoting to a Higher-Value Economy 2020-2041 - DRAFT ECONOMIC ACTION PLAN
Acknowledgement of
Lekwungen Homelands

Victoria 3.0 was developed and will be implemented       are visitors here. This plan contains acts of economic
on the homelands of the Lekwungen speaking peoples,      reconciliation that we will carry out by taking direction
the Songhees and Esquimalt Nations. We are grateful      from the Songhees and Esquimalt Nations and the
to them for stewarding these territories for thousands   other Nations on Southern Vancouver Island.
of years and for generously welcoming those of us who

                                                                                             City of Victoria | VICTORIA 3.0   5
VICTORIA 3.0 Pivoting to a Higher-Value Economy 2020-2041 - DRAFT ECONOMIC ACTION PLAN
6   VICTORIA 3.0 | City of Victoria
VICTORIA 3.0 Pivoting to a Higher-Value Economy 2020-2041 - DRAFT ECONOMIC ACTION PLAN
Gratitude and
Acknowledgements

                   In the summer of 2019, City Economic Development                       and on readings suggested by Rosemary and other city
                   staff, a small group of stakeholders and I participated                experts, I presented the proposed vision for Victoria
                   in a “master class” on city building in the 21st century               3.0 and the future of our economy at each roundtable.
                   hosted by the British Columbia Investment Management                   We then asked participants for their input based on
                   Corporation (BCI) and taught by global cities expert,                  their experience doing business in the city and their
                   Rosemary Feenan.                                                       aspirations for “global fluency.”
                   Rosemary snapped us to attention. She shared with                      The input from the roundtables forms the basis of this
                   us “The 10 Traits of Globally Fluent Metro Areas”1 and                 plan. The thoughts and ideas of participants can be seen
                   presented data and case studies that suggested we’d be                 within, reflected as concrete actions. We are thankful to
                   wise to assess Victoria’s role in a quickly changing global            those who took the time away from their businesses and
                   economy, driven largely by cities. She urged us to create              their busy lives to help us.
                   a plan to make Victoria’s place in that economy. We are                I am also deeply grateful to the small group of people
                   grateful to Rosemary for her timely intervention;                      who helped to edit and improve this document – from
                   Victoria 3.0 is in part a response to her challenge.                   inserting new ideas to fixing acronyms. Victoria 3.0 –
                   In the fall of 2019, the City hosted six roundtables (see              Pivoting to a Higher-Value Economy – 2020-2041 is the
                   Appendix A), in which 145 residents and business owners                work of many hands. And it will take many more hands,
                   participated. Building on the learnings from the summer                working together, to bring this plan to life.

                                                                                                                                   – Mayor Lisa Helps

1 Brad Dearman, Greg Clark and Joseph Parilla, “The 10 Traits of Globally Fluent Metro Areas.” The Brookings Institution Metropolitan Policy Program, 2013.

                                                                                                                                                   City of Victoria | VICTORIA 3.0   7
VICTORIA 3.0 Pivoting to a Higher-Value Economy 2020-2041 - DRAFT ECONOMIC ACTION PLAN
COAST CAPITAL SAVINGS INNOVATION CENTRE, UNIVERSITY OF VICTORIA

         8   VICTORIA 3.0 | City of Victoria
Table of Contents
Executive Summary.............................................. 11         Big Moves to Pivot to a High Value Economy                                 Future Big Moves.................................................42
                                                                           and Position Victoria as a Globally Fluent
Introduction..........................................................13   Metro Area............................................................31   Business Profiles

                                                                              5: Learn from Other Cities (2020–2041)...........31                        British Columbia Investment
Where We’ve Come From.....................................17
                                                                                                                                                         Management Corporation ..............................20
                                                                              6: Tech is #1 – Tell and Sell Victoria’s
Where We’re Going...............................................19                                                                                       Checkfront........................................................ 32
                                                                                  Tech Story (2020–2041)............................ 33
Our Small Businesses are the Lifeblood                                        7: C
                                                                                  reate An Innovation District                                          Pani Energy...................................................... 35
of our Community............................................... 23               (2020–2022).............................................. 35            Indigenous Ocean Governance....................... 39
   1. Support Small Business............................... 23                8: Create An Ocean Futures Cluster
                                                                                                                                                      Appendix A – Fall 2019
   2. Support Youth in the Economy................... 25                          (2020–2022)...............................................37
                                                                                                                                                      Economic Roundtables.......................................44
   3. Support Indigenous Businesses.................. 27                      9: Redevelop Victoria Conference Centre
                                                                                  (2020–2031)................................................41
   4. Support Newcomer Businesses..................29
                                                                              10: R
                                                                                   e-Do Victoria’s Brand and Story
                                                                                  (2022–2026)............................................. 42

                                                                                                                                                                                    City of Victoria | VICTORIA 3.0         9
BC INVESTMENT MANAGEMENT CORPORATION

        10   VICTORIA 3.0 | City of Victoria
Executive Summary
V
        i ctoria 3.0 is an economic action plan               Victoria 3.0 can be read in its entirety or like      ISSUES VICTORIA 3.0 WILL NOT
         that accompanies the City’s Official                  a "Choose Your Own Adventure" book. We                ADDRESS DIRECTLY, BUT WILL
         Community Plan to 2041. It’s a long-term              recommend that everyone read the Introduction         HAVE A POSITIVE INFLUENCE ON
plan and vision for a sustainable, influential city            and framing sections (pages 12–19). After that
                                                                                                                     The issues below were raised at the fall 2019
that will create high-value jobs now and for the               if you’re interested, for example, in support for
                                                                                                                     roundtables that informed the development of
future. We are making this plan in order to:                   Indigenous businesses, head to page 27. If you
                                                                                                                     Victoria 3.0. Addressing these issues is important
• Stimulate and support innovation                             want to learn more about our plans to create an
                                                                                                                     in our transition to a higher-value economy and
• Build on the economic stability offered by our               Ocean Futures Cluster and Innovation Hub, head
                                                                                                                     to creating a strong and healthy community for
  large public sector employment base                          to page 37.
                                                                                                                     everyone. There are other plans in place or under
• Diversify our economy                                        The plan is divided into the following sections:      development to address these issues.
• Respond to the big changes that will have                      1. Support Small Business                           Housing
  an impact on sustainable economic growth,                      2. Support Youth in the Economy                       • Victoria Housing Strategy
  including automation and climate change
                                                                 3. Support Indigenous Businesses                      • Missing Middle Housing Plan
The aim of Victoria 3.0 is to create a diverse,                  4. Support Newcomer Businesses                        • Regional Housing First Program
resilient, inclusive economy over the next two
                                                                 5. Learn from Other Cities                          Transportation ­
decades. To use the words of Bruce Katz and
                                                                 6.	Tech is #1 – Tell and Sell Victoria’s             • Go Victoria: Our Mobility Future
Jeremy Nowak in The New Localism, this plan
                                                                     Tech Story                                        • Transit Futures Plan
is “relentlessly future leaning.”2
                                                                 7. Create an Innovation District                    Childcare
Twentieth century cities and economies
                                                                                                                       • Childcare Action Plan
were characterized by mass production;                           8.	Create an Ocean Futures Cluster
they were siloed and hierarchical. Cities and                    9. Re-Develop Victoria Conference Centre            Doctor Shortage
urban economies in the 21st century are more                                                                           • Strategic Plan 2020 Action Item
                                                                 10. Re-Do Victoria’s Brand and Story
integrated, open source, co-creative, collaborative                                                                  Mental Health and Addictions
                                                               This plan should be refreshed at the beginning
and inclusive.                                                                                                         • Community Wellness Alliance
                                                               of each term of Council with clear actions laid
Nurturing these qualities is key to economic                                                                           • Community Wellness Peer Informed
                                                               out for each of the Big Moves to be undertaken
success and global relevance. Victoria 3.0 aims to                                                                       Task Force
                                                               during that term. Each term of Council should be
build on these qualities in order to capitalize on             considered a “sprint” in which to achieve a clear     Homelessness
the changing nature of cities and urban economies              series of actions. Taken together, the actions laid     • Regional Housing First Program
and to create an economy for the future.                       out here and those to come in future sprints, will      • Greater Victoria Coalition Community
                                                               build a diverse, resilient and high-value economy         Plan to End Homelessness
                                                               and increase the city and the region’s global
                                                               fluency over the next two decades.
2 Bruce Katz and Jeremy Nowak, The New Localism,
   How Cities Can Thrive in the Age of Populism,
   (Washington DC: Brookings Institution Press, 2017), viii.

                                                                                                                                          City of Victoria | VICTORIA 3.0   11
COAST CAPITAL SAVINGS INNOVATION CENTRE, UNIVERSITY OF VICTORIA

         12   VICTORIA 3.0 | City of Victoria
Introduction
Victoria 3.0 is an economic action plan that          Victoria 3.0 answers these questions with                City 3.0 are cities in the current era.
accompanies the City’s Official Community Plan         a resounding, “Yes!” and with a series of clear          They are co-creative, collaborative,
to 2041. It’s a long-term plan and vision for a        actions that the City and its partners will              collective, circular, human-scale, have
sustainable, influential city that will create high-   undertake over the next two decades to achieve           smart citizens, and work and think like
value jobs now and for the future. We are making       these objectives.                                        a network or ecosystem.
this plan now in order to:                                                                                   Cities are changing and Victoria is no exception.
                                                       CITY 3.0                                              We must act now to ensure that we are driving
• Stimulate and support innovation
• Build on the economic stability offered by our       Currently over half of the world’s population lives   the changes needed rather than letting the global
  large public sector employment base                  in cities and every week, three million people        economy and influences beyond our control just
                                                       move into cities. Cities consume resources            happen to us.
• Diversify our economy
                                                       from global hinterlands at unsustainable              To implement Victoria 3.0 – Pivoting to A
• Respond to the big changes that will have
                                                       rates, produce well over 70% of greenhouse gas        Higher-Value Economy, we must draw on the
  an impact on sustainable economic growth,
                                                       emissions, and are places of increasing inequality    characteristics of City 3.0 and put them to work
  including automation and climate change
                                                       and displacement. Cities are where many of            in Victoria. We must do this because:
The aim of Victoria 3.0 is to create a diverse,        the world’s problems and challenges are found;
                                                                                                             • We want high-value jobs for Victorians in a
resilient, inclusive economy over the next two         they are also where some of the most innovative
                                                                                                               global economy with a rapid pace of change
decades.                                               solutions to global challenges will be generated.
                                                                                                               and disruption
What if we told, and sold, a compelling story of       Drawing on the work of Charles Landry and             • Automation is on the rise and we want to be
Victoria’s high-tech sector nationally and globally?   others, global cities expert Rosemary Feenan            future ready
What if we had a large area of our downtown            characterizes the changes from the 20th century       • Global immigration to Greater Victoria is
dedicated to innovation and we were solving            cities and economies to current 21st century cities     increasing and diversity and inclusion are key
some of the world’s greatest challenges, creating      in the following way:                                   to a strong economy and a healthy community
high-value jobs at the same time? What if we were         City 1.0 was pre-1990s. These cities were          • There is ample economic opportunity and
globally recognized for pioneering solutions in           characterized by mass production and                 job-creation potential in responding to the
the ocean and marine sector? What if we turned            massive, monumental buildings.                       climate crisis
the Victoria Conference Centre into a facility that       They were siloed, hierarchical, vertical
can hold more and larger conferences and also                                                                Victoria 3.0 seizes these challenges and
                                                          and selfish cities.
develops an international reputation?                                                                        opportunities with gusto.
                                                          City 2.0 was post-dotcom era. They
 And what if by 2030 everyone working in Victoria         were high tech, integrated, open source,
were making a living wage, not because this was           connected, and interactive.
mandated by any level of government, but because
of an increase in high-value jobs and a strong,
inclusive high-value economy.

                                                                                                                                  City of Victoria | VICTORIA 3.0   13
Introduction, continued

CLIMATE CHANGE                                              exempt from global forces. The pace of change               In the fall of 2019, as part of its “Future Of” Series,
Job-creation and innovation opportunities                   and technological advancement is unprecedented.             the South Island Prosperity Partnership (SIPP)
associated with mitigating and adapting to                  There is a growing gap between rich and poor and            hosted John Stackhouse, RBC VP Innovation,
climate change are priorities in Victoria 3.0.              the erosion of the middle class is accelerating.            in Victoria to discuss the “Future of Work”. He
Our plan aligns with the Province’s CleanBC                 Climate change poses a real and significant threat          presented the findings of the RBC report. He
plan which clearly shows how “transitioning                 to communities and economies. Populism is on                stressed that technological disruption always
to a low-polluting economy will deliver more                the rise. And so is migration from the global south         creates more jobs, not less.
and higher-value jobs.”3                                    to the global north.
                                                                                                                        In Canada, over the next five years – despite
As noted in CleanBC, the global market for                  Responding to these global forces calls for                 heavy job displacement in many sectors – there
clean-tech solutions is estimated at $3 trillion by         a particular kind of workforce which is very                will be 2.5 million new jobs added. The skill
2020. A more recent report by the Coalition for             different from the workforce of the past, or even           sets needed to do these jobs are different than
Urban Transitions, “Climate Emergency: Urban                of the present. The roundtable participants who             those in the past. And it is not all about being
Opportunity,” estimates that there will be 87               shaped this plan cited skilled workforce attraction         tech savvy. As John noted in his talk, “We don’t
million jobs globally and a $24 trillion economic           as a major challenge to being future ready and              need a nation of coders, we need a nation of
opportunity in the next 10 years generated by               globally fluent, and to growing their companies.            collaborators, communicators, critical thinkers
innovations that address the climate emergency.4            Between 2017–2018, the Royal Bank of Canada                 and complex problem solvers.”

Victoria 3.0 will help ensure that local companies          (RBC) conducted a major study of Canada’s                   In their “Future of Education” event, also in fall
are ready to seize these opportunities, to access           workforce. Their researchers talked to students,            2019, SIPP convened the presidents of Camosun
global markets and to contribute to and share               workers and educators in all sectors. They                  College, Royal Roads University and the University
in low-carbon prosperity. In particular, the                studied job openings and automation trends and              of Victoria. All three presidents shared a common
Big Moves laid out in Sections 7 and 8 – the                analyzed a wealth of data. They concluded that              message: The skills needed for the workforce of
Innovation District and the Ocean Futures                   Canada is shifting from a jobs economy to a skills          the future are empathy, collaboration, critical
Cluster and the companies associated with both              economy, and that employers, educators and                  thinking and problem solving. Their challenges
– will help the provincial government achieve the           policy makers are not prepared.5 They cite four             include how to teach these skills and measure
goals of CleanBC and will position Victoria as an           important trends that we need to be aware of:               whether they are learned? How do they assess and
influencer and innovator, developing solutions                                                                          credential these skills?
                                                               1. Disruption is accelerating
for the 22nd century.                                          2. Flexibility is the future                             Victoria 3.0 must take all of these trends and
                                                               3. Digital literacy is essential                         questions seriously and consider what the
WORKFORCE OF THE FUTURE                                        4.	We need to prepare for the future                    City, the private sector and post-secondary
Along with other cities across the globe, Victoria                 of work                                              institutions can do, together, to develop the
is in a time of change and disruption. Although                                                                         workforce needed to create a high-value economy
we are a small city on a global scale, we are not                                                                       for the future.

3 “CleanBC: Our Nature, Our Power, Our Future,” Government of British Columbia, December 2018, 2.
4 N
   icholas Stern et al, “Climate Emergency Urban Opportunity: How National Governments can Secure Economic Prosperity and Avert Climate Catastrophe by Transforming
  Cities,” Coalition for Urban Transitions, 2019.
5 John Stackhouse et. al., “Humans Wanted: How Canadian Youth Can Thrive in an Age of Disruption,” Royal Bank of Canada, 2018.

14   VICTORIA 3.0 | City of Victoria
We’re looking for another photo.
    Your company photo could go here!
          Email a vibrant, lively,
      exciting high-resolution photo
 to engage@victoria.ca by January 30th.

                                    City of Victoria | VICTORIA 3.0   15
OCEAN RIVER SPORTS

        16   VICTORIA 3.0 | City of Victoria
Where We’ve Come From
MAKING VICTORIA: UNLEASHING                          Making Victoria: Unleashing Potential also            SIPP’s founding members chose to incorporate
POTENTIAL                                            recommended building on our assets and playing        as a non-profit society that is member driven, but
                                                     to our strengths by focusing on six key sectors:      has an independent, private-sector led board of
In early 2015, the Mayor convened a Task Force
                                                        • Advanced Education and Research                  directors. In order to achieve buy-in and test the
on Economic Development and Prosperity to
                                                          and Development                                  model, SIPP was set up as a five-year “project”
tackle the issues of the day, namely a high-retail
                                                        • Ocean and Marine Sector                          with four membership categories (government,
vacancy rate and a sense that City Hall was not
                                                        • Experiential Tourism                             business, non-profit, and business/industry
open for business. After seven meetings and an
                                                        • Government                                       association). Municipal members had the option
opportunity for gathering public input, the Task
                                                        • Technology                                       to exit as members after the third year; to date
Force released the Making Victoria: Unleashing
                                                        • Entrepreneurship, Start-Ups and                  none have done so.
Potential economic action plan, which was
adopted by City Council in the fall of 2015.              Social Enterprise                                In the fall of 2019, nearing the end of its initial
A key recommendation was to open a Business          In each of these areas, the Task Force developed      five-year term, SIPP formed an organizational
Hub at City Hall and hire a Business                 a story, objectives, actions and metrics, and         review committee to set the stage for its future. In
Ambassador to:                                       assigned responsibility for each of the actions.      the spring of 2020, SIPP will begin consultations
                                                     Many of the actions in the plan have been             to shape its next five-year strategic plan, building
   • Streamline and de-mystify all business
                                                     completed and some have evolved. We did not           on the rich partnerships and collaborative
     and development processes at City Hall
                                                     put in place a good process or resources for          approaches established during the first few years.
   • Make it easier to do business in Victoria
                                                     tracking the metrics. This is a lesson learned        To deliver on its mandate, SIPP’s renewed
   • Advise on how to reduce unnecessary
                                                     going forward and City Hall is building the           strategy will likely continue to focus on
     red tape
                                                     capacity to measure progress on economic              established, export-oriented companies within
   • Connect entrepreneurs with the
                                                     indicators and other initiatives.                     the region, attracting new businesses and
     resources they need
                                                                                                           investment, facilitating increased capacity
   • Accelerate the development                      SOUTH ISLAND PROSPERITY                               for Indigenous-led economic development,
     of a vibrant downtown                           PARTNERSHIP                                           as well as on cluster and sector development
The Business Hub opened in December 2015.            The South Island Prosperity Partnership (SIPP)        and promoting the Greater Victoria brand
At the time, the downtown retail vacancy rate        was founded in April 2016 after many months           overseas and within the ‘Cascadia’ region
was over 10%. Today it is below 4% and has not       of consultation with local governments and the        (Pacific Northwest US).
gone above this even as retail space from new        private sector. SIPP was created to take a regional
                                                                                                           Victoria 3.0 should considers SIPP’s evolution
construction becomes available.                      approach to growing a sustainable economy at
                                                                                                           and SIPP’s role as a key partner in delivering
                                                     the same time as attending to the unique needs of
                                                                                                           this plan. To learn more about the South
                                                     its members. The founding members determined
                                                                                                           Island Prosperity Partnership, please visit
                                                     that a region-wide, collaborative approach would
                                                                                                           www.southislandprosperity.ca
                                                     enable us to tackle systemic issues collectively
                                                     and to pursue opportunities that might not
                                                     otherwise be attainable.

                                                                                                                                 City of Victoria | VICTORIA 3.0   17
LLAMAZOO

       18   VICTORIA 3.0 | City of Victoria
Where We’re Going
VISION                                                3. S
                                                          pecializations with Global Reach – Cities           Government as Global Enabler – Federal,
                                                                                                            9.	
As the Capital City, Victoria is a future-ready,         often establish their initial global position         state, and local governments have unique and
globally-fluent, influencer and innovator. We’re         through a distinct economic specialization,           complementary roles to play in enabling firms
using our status as a small powerhouse to create         leveraging it as a platform for diversification.      and metro areas to “go global.”
high-value jobs and build a high-value economy           Adaptability to Global Dynamics – Cities that
                                                      4.	                                                  10. C
                                                                                                                 ompelling Global Identity – Cities must
that meets our needs now and anticipates                 sustain their market positions are able to             establish an appealing, global identity and
the future.                                              adjust to each new cycle of global change.             relevance in international markets not only
                                                         Culture of Knowledge and Innovation –
                                                      5.	                                                      to sell the city, but also to shape and build the
WHAT IS “GLOBAL FLUENCY”?                                                                                       region around a common purpose.
                                                         In an increasingly knowledge-driven world,
The authors of “The 10 Traits of Globally Fluent         positive development in the global economy         Many Victoria companies are already delivering
Metro Areas,” define global fluency as “the              requires high levels of human capital to           innovative products and services to a global
level of global understanding, competence,               regenerate new ideas, methods, products            market. A focus on increasing our global fluency
practice and reach that a metro area exhibits            and technologies.                                  over the two-decade time horizon of Victoria 3.0
in an increasingly interconnected economy.”6                                                                will enable more local companies to grow their
They assert that global fluency is important          6. O
                                                          pportunity and Appeal to the World –
                                                         Metro areas that are appealing, open, and          global customer base by delivering solutions that
and possible even for mid-sized metro areas                                                                 the world needs.
like Victoria. Becoming globally fluent over the         opportunity-rich serve as magnets for
next two decades will help Victoria to better            attracting people and firms from around            An honest self-assessment will show that
understand, respond to and proactively position          the world.                                         Victoria is a long way from being globally fluent.
ourselves for global economic shifts, which are       7. International Connectivity – Global relevance     Becoming globally fluent and reaping the benefits
always felt locally.                                      requires global reach that efficiently            for our citizens and companies will take the next
                                                          connects people and goods to international        two decades. The Big Move in Section 5, Learn
10 TRAITS OF GLOBALLY FLUENT                              markets through well-designed, modern             from Other Cities, is the first step to becoming
METRO AREAS7                                              infrastructure.                                   a more globally fluent city and metro area.
   Leadership with a Worldview – Local
1.	                                                     Ability to Secure Investment for Strategic
                                                      8.	                                                  We need to understand how Victoria’s
   leadership networks with a global outlook             Priorities – Attracting investment from a          comparator cities globally have pivoted from
   have great potential for impact on the global         wide variety of domestic and international         an insular, short-sighted focus, to using their
   fluency of a metro area.                              sources is decisive in enabling metro areas        resources to create future-facing, globally-
                                                         to effectively pursue new growth strategies.       engaged and sustainable economies. Victoria
   Legacy of Global Orientation – Due to their
2.	
                                                                                                            can learn from the successes and failures of our
   location, size, and history, certain cities were
                                                                                                            comparator cities.
   naturally oriented toward global interaction
   at an early stage, giving them a first mover
   advantage.
                                                      6 Brad McDearman, Greg Clark and Joseph Parilla, 3.
                                                      7 Brad McDearman, Greg Clark and Joseph Parilla, 4.

                                                                                                                                  City of Victoria | VICTORIA 3.0   19
Where We're Going, continued

                                                                                                         Business Profile
PIVOTING TO A HIGHER-VALUE                           In addition, a high-value economy will help our
ECONOMY                                              small local businesses thrive. We don’t yet have
                                                     a large enough economy with enough people
A high-value economy has a diversity of
                                                     making high enough wages to adequately support
household sustaining jobs available in a range
                                                     our retail and restaurant businesses. Pivoting to
of sectors, and the skills and training available
                                                     a higher-value economy is an ecosystem-based
for those jobs to be filled. It’s an innovative
                                                     approach to economic development. We need
economy that develops solutions to pressing
global challenges, sells these solutions globally,
                                                     local wealth creation to support these businesses         British Columbia Investment
                                                     year-round, not just during Christmas and the
and brings the money back to Victoria. High-                                                                   Management Corporation
                                                     summer season.
value economies attract talent from around the                                                                 British Columbia Investment Management
world to fill the high-value jobs being created                                                                Corporation (BCI), the leading provider of
and draw a wealth of experience and diversity                                                                  investment management services to BC’s
to the city.                                                                                                   public sector with more than $153 billion
A high-value economy is necessary for resilience.                                                              in managed assets, is an example of an
Right now our largest employers are in the public                                                              organization headquartered in Victoria that
and service sectors. The current public sector                                                                 creates high-value jobs locally. BCI used to
economy is a stable base on which to build the                                                                 outsource many of its investment decisions
high-value, globally-fluent economy of Victoria’s                                                              to external managers. Today, as an active
future. Indeed, establishing partnerships with                                                                 in-house asset manager, a majority of those
large public sector employers – in particular with                                                             decisions are made right here by a growing
the provincial government’s innovation agenda                                                                  and dedicated team of professionals from
and CleanBC Plan – is key to Victoria’s economic                                                               around the world.
transition over the next two decades.

20 VICTORIA 3.0 | City of Victoria
We’re looking for another photo.
    Your company photo could go here!
          Email a vibrant, lively,
      exciting high-resolution photo
 to engage@victoria.ca by January 30th.

                                    City of Victoria | VICTORIA 3.0   21
22   VICTORIA 3.0 | City of Victoria
Our Small Businesses
are the Lifeblood of our
Community
Before we outline the Big Moves in Sections 5 – 10 and how to pivot to a higher-value economy, we must address how we can
continue to support Victoria’s small businesses. Some of our small retail businesses and restaurants have begun to struggle
again. Youth, Indigenous and newcomer businesses sometimes need extra support. The actions in these sections are in direct
response to the input we received from the small business, youth, Indigenous and newcomer roundtables.

1. SUPPORT SMALL BUSINESS                                 1.1.4	Connect entrepreneurs with the      1.3   Create a Mentorship/Mentoring Program
                                                                resources they need                        Build tools and resources to connect
The Ministry of Jobs, Trade and Technology’s
2019 Small Business Profile notes that 84% of             1.1.5	Accelerate the development of             existing business owners and leaders
all small businesses in the province have fewer                 a vibrant downtown                         across all industries with new
than five employees, and 98% have fewer than                                                               entrepreneurs and start-ups in the City
                                                         Lead: City Staff (multiple departments;
50 employees. As well, BC’s small business                                                                 of Victoria (info sessions, meet-ups, etc.)
                                                         this requires a whole government
sector generated 34% of the Provincial GDP in            approach)                                         Lead: City Staff (Economic Development,
2018. Small businesses are key to providing the                                                            Engagement)
amenity-rich lifestyle that helps Victoria attract   1.2	Develop a Business Hub Expansion                 Support: Greater Victoria Chamber of
and retain the workforce of the future.                   Strategy                                         Commerce (The Chamber), Downtown
                                                          1.2.1	Create an additional position             Victoria Business Association (DVBA),
ACTIONS
                                                                in the Business Hub to support             South Island Prosperity Partnership
1.1   Continue the work of the Business Hub                                                                (SIPP) and Victoria Innovation, Advanced
                                                                the functions of the Business
      1.1.1	Streamline and de-mystify all                      Ambassador and to elevate                  Technology & Entrepreneurship Council
             business and development                           resources required in the Business         (VIATEC), University of Victoria (UVIC)
             processes at City Hall                             Hub to support Victoria 3.0
      1.1.2	Make it easier to do business               Lead: City Staff (Economic Development)
             in Victoria
      1.1.3	Advise on how to reduce
             unnecessary red tape

                                                                                                                           City of Victoria | VICTORIA 3.0   23
24   VICTORIA 3.0 | City of Victoria
1.4	Develop a mitigation strategy to help               1.6   Attract and Retain Talent                          Lead: City Staff (Economic Development
     address the impacts of private                                                                               and Bylaw), DVBA, Coalition to End
                                                               1.6.1	Develop a “roadshow” initiative to
     sector construction and City capital                                                                         Homelessness
                                                                      promote Victoria and the region
     projects on the daily operations                                                                             Support: VicPD
                                                                      to potential employees and
     of small businesses
                                                                      companies (SEE ALSO ACTION 6.1)
      Lead: City Staff (Economic Development,                  1.6.2	Continue to develop partnerships       1.9	Develop an engagement strategy to
      Finance, Engineering, Engagement)                               with post-secondary institutions            promote local economic success stories
      Support: DVBA, The Chamber                                      to find local opportunities for             Lead: City Staff (Economic Development
                                                                      graduating students                         and Engagement)
1.5   Develop a Retail Strategy                                Lead: City Staff (Economic Development)
      A retail strategy will provide a targeted                Support: SIPP, VIATEC, Alacrity Canada,
      approach to ensure long-term success                                                                   2. SUPPORT YOUTH
                                                               Ocean Networks Canada,
      of the downtown retail core as well as                   post-secondary institutions                   IN THE ECONOMY8
      retail in neighbourhood village centres.                                                               Participants in the youth roundtable that helped
      1.5.1	Identify and curate gaps                    1.7	Develop a Downtown Clean and Safe              shape Victoria 3.0 pointed to a comprehensive
              and opportunities within the                    Strategy including improved safety             set of needs that youth have and would like
              fabric of the city to support a                 support and resources for downtown             addressed, from secure housing to tackling
              vibrant, liveable downtown and                  businesses                                     climate change. The City of Victoria Youth
              neighbourhood village centres                                                                  Strategy, created by and for youth, addresses
                                                               Lead: Downtown Clean and Safe
                                                                                                             some of these more general requests as do
      1.5.2	Hire a consultant to guide strategy               Committee (to be formed by City staff
                                                                                                             other City plans like the Victoria Housing
              development and produce                          from relevant departments, led by
                                                                                                             Strategy and the Climate Leadership Plan.
              a retail analysis report                         Business Hub)
                                                                                                             This section focuses on what the City can do
      1.5.3	Create a unified identity and                     Support: DVBA, The Chamber, front line        to support youth in the economy.
              effective marketing strategy for                 workers from outreach teams,
              different retail zones downtown                  downtown businesses and residents,            ACTIONS
              and in neighbourhoods                            Victoria Police Department (VicPD)
                                                                                                             2.1	Implement a Youth Internship Program
      1.5.4	Develop a set of tactical tools that              and Victoria Fire Department
                                                                                                                  and hire more co-op students
              help property owners improve and                                                                    at City Hall
              reinforce the retail fabric                1.8   Create a Downtown Ambassador Program
                                                                                                                  Such a program would give youth an
      1.5.5	Identify and prioritize investments               Modelled on best practices from other
                                                                                                                  opportunity to work at City Hall, to learn
              on signature streets and in the                  cities (New York, San Francisco, Kelowna,
                                                                                                                  more about local government and to gain
              downtown core to bolster a sense                 San Antonio) and in partnership with the
                                                                                                                  valuable work experience.
              of place and location                            Coalition to End Homelessness People with
                                                               Lived Experience staff, create a program to        Lead: City Staff (City Manager’s Office and
      Lead: City Staff (Economic Development)
                                                               increase a sense of safety and welcoming           Human Resources)
      Support: DVBA, The Chamber
                                                               in the downtown for all. The program will
                                                               be a resource to businesses, downtown
                                                               residents and visitors, will reduce the
                                                               front-line resource requirements for
8 W
   e are using the United Nations definition of youth         police and and will provide a visible and
  as people ages 15–24.                                        welcoming presence for all.

                                                                                                                                 City of Victoria | VICTORIA 3.0   25
ANIMIKII INDIGENOUS TECHNOLOGY

26   VICTORIA 3.0 | City of Victoria
2.2	Continue economic development                     3. SUPPORT INDIGENOUS                                    communities in economic development
     education work with high school classes                                                                    and entrepreneurial endeavours. The
                                                       BUSINESSES                                               objectives are to build collective capacity
      Lead: City Staff (Economic Development)          Carol Anne Hilton of the Hesquiaht Nation                for Indigenous prosperity, including
      Support: Downtown Victoria Business              and founder of the Indigenomics Institute                entrepreneurial or management skills,
      Association (DVBA), Greater Victoria             cites a TD Economics report that estimates               or the administrative capacity to start
      Chamber of Commerce (The Chamber)                the current size of the Indigenous economy in            band-owned businesses or joint ventures.
                                                       Canada as $32 billion.9 Her objective is to rally        In future, the venue will be rotated
2.3	Continue Mayor’s High School                      us all around the goal of growing this to $100           throughout the South Island Nations.
     Entrepreneur Award                                billion over the next five years. The Lekwungen
                                                       speaking people, the Songhees and Esquimalt              Lead: SIPP
      Two awards, valued at $250 each, were
      established by the Mayor in 2015 and             Nations on whose homelands Victoria was built,           Support: Songhees Innovation
      are granted annually to two students at          are well poised to participate in this economic          Centre, other relevant Indigenous-led
      Victoria High School who are showing             growth, as are the other Nations on Southern             organizations and businesses
      promise as entrepreneurs.                        Vancouver Island. Helping to unleash potential
                                                       and build capacity while taking direction from      3.3 Create a Mentorship Program
      Lead: Mayor’s Office
                                                       the Nations as to what they want and need to be          See Action 1.3
      Support: Victoria High School Awards             successful is an act of economic reconciliation.
      Committee
                                                                                                           3.4	Create a platform to make it easy
                                                       ACTIONS
                                                                                                                for Vancouver Island MASH sector
2.4	Feature young entrepreneurs and                   3.1	Hold Quarterly Indigenous Prosperity                institutions (Municipalities, School
     youth business start-ups on the                        Gatherings                                          Boards, Health Regions and
     Business Hub website
                                                            3.1.1	Implement recommendations                    Publicly-Funded Post-Secondary
      Lead: City Staff (Economic Development)                                                                   Institutions) and large companies
                                                                   generated at the gatherings
                                                                                                                to procure from Indigenous businesses
                                                            Lead: South Island Prosperity Partnership
2.5	Host Young Entrepreneur Business Info
                                                            (SIPP)                                              Lead: Coastal Communities Social
     Sessions at City Hall
                                                            Support: Financial institutions and                 Procurement Initiative (CCSPI)
      Lead: City Staff (Economic Development)
                                                            relevant organizations                              Support: City Staff (Economic
                                                                                                                Development), SIPP
2.6	For the life of this plan (2020–2041),
                                                       3.2 Continue Indigenous Connect Forum
     engage youth on a regular basis to
                                                            The Indigenous Connect Forum is open to        3.5	Develop a First Customer Strategy
     ensure that their needs in relation to
                                                            all First Nation communities throughout             for new Indigenous businesses to do
     economic inclusion continue to be met.
                                                            the South Island region, as well as to              business with Vancouver Island MASH
      Lead: City Staff (Economic Development                                                                    sector institutions and large companies
                                                            all Indigenous people on or off reserve.
      and Engagement)
                                                            Indigenous Connect focuses on engaging              Lead: City Staff (Economic Development),
                                                            Indigenous owned/operated enterprises               SIPP
                                                            within or separate from Nations.                    Support: CCSPI
                                                            SIPP is currently partnered with the
                                                            Songhees Innovation Centre to create
                                                            this monthly, face-to-face forum with
9 “ Estimating the Size of the Aboriginal Market in        a goal to engage more First Nations
   Canada,” TD Economic, January 2011.

                                                                                                                                 City of Victoria | VICTORIA 3.0   27
3.6	Maintain Indigenous Business Directory
      Lead: Greater Victoria Harbour Authority
      (GVHA)
      Support: SIPP

3.7	Promote the Inter-community business
     licence as a measure for on-reserve
     businesses to work freely and openly
     across the region
      Lead: City Staff (Economic Development)

3.8	Create an Indigenous Arts and Crafts
     Stewardship and Licensing Program
      This program would certify and license
      Indigenous arts, intellectual property,
      and products for the purpose of targeting
      tourists and consumers with viable, ethical
      and authentic products and services.
      Artists would have increased opportunities
      for revenue and higher margins.
       3.8.1	Use this program as a pilot with
               a goal that all products sold within
               the GVHA retail experiences are in
               compliance with the program
       3.8.2	Develop decal program or other
               signage along Government Street
               to inform visitors of stores carrying
               goods certified by the program
      Lead: TBD
      Support: TBD

28 VICTORIA 3.0 | City of Victoria
4.5.1	Translate materials into two priority
4. SUPPORT NEWCOMER                                            4.3	Create a platform to make it easy
                                                                                                                                   languages per year
                                                                    for Vancouver Island MASH Sector
BUSINESSES                                                          institutions (Municipalities, School                    Lead: City Staff (Economic Development)
Newcomers to Canada enrich our communities                          Boards, Health Regions and                              Support: SIPP (“Digital Welcome Mat”
and our economy. Global migration to Victoria                       Publicly-Funded Post-Secondary                          initiative)
is increasing and we need to work hard to                           Institutions) and large companies
welcome and integrate newcomers into our                            to procure from newcomer businesses                 4.6	Endorse the Municipal Nominee Program
community through economic inclusion. Not
                                                                     Lead: Coastal Communities Social                        being developed by the Government
only does this enhance a sense of connection
                                                                     Procurement Initiative (CCSPI)                          of Canada
and belonging, it makes us a more diverse and
resilient community.                                                 Support: City Staff (Economic                          Our city and region is failing to attract
                                                                     Development),                                          immigrants at the same levels as
A report from the 2017 Victoria Forum notes
                                                                     South Island Prosperity Partnership (SIPP)             major Canadian cities (even on a per
that “though there are barriers to achieving
                                                                                                                            capita basis). Immigrants are often
these goals, it was found that a one per cent
                                                               4.4	Develop a First Customer Strategy                       entrepreneurial and their cultural and
increase in ethno-cultural workplace diversity
                                                                    for new and emerging newcomer                           life experiences will make our city more
led to one per cent increase in productivity and
                                                                    businesses to do business with                          exciting and interesting. Diverse cities are
2.4 per cent increase in revenue.”10 There are
                                                                    Vancouver Island MASH sector                            also more innovative.
clear economic benefits to workplace diversity
                                                                    Institutions and large companies                        Lead: Mayor and City Staff (Economic
and there are many skilled people in the city
and region who have arrived from places                              Lead: City Staff (Economic Development),               Development)
around the world and who are looking                                 SIPP                                                   Support: SIPP
for meaningful work.                                                 Support: CCSPI

ACTIONS
                                                               4.5	Offer business information and materials
4.1   Develop a Welcoming City Strategy                             in translated versions in order to
      Lead: Mayor’s Office, Councillors Dubow                       maximize the ease of understanding
      and Thornton-Joe                                              and compliance
      Support: Inter-Cultural Association,                           This action signifies that the City is open
      Victoria Immigrant Refugee Centre                              to newcomer businesses and wants them
      Society, Here Magazine                                         to feel part of the community. Additionally,
                                                                     these materials could offer tip sheets on
4.2	Continue Business Info Sessions at                              how to succeed in the Canadian cultural
     City Hall for Newcomers                                         and business context. Newcomers can
                                                                     sometimes be surprised by cultural
      Lead: City Staff (Economic Development)
                                                                     differences between Canada and their
      Support: Relevant partner agencies                             home country.

10 B
    essma Momani, Mark Tschirgi and Adel Guitouni, “Diversity and Economic Prosperity,” in Canada@150:
   Promoting Diversity & Inclusion: Report of the Inaugural Victoria Forum, ed. Adel Guitouni, Saul Klein, Séb astien
   Beaulieu, (Victoria: University of Victoria, 2018), 24.

                                                                                                                                            City of Victoria | VICTORIA 3.0   29
KANO

       30 VICTORIA 3.0 | City of Victoria
Big Moves to Pivot to a High
Value Economy and Position
Victoria as a Globally Fluent
Metro Area
To make the Big Moves outlined in Sections 5 to 10, will take well-managed, disciplined, focused momentum. Our success in
achieving these Big Moves will help to establish Victoria as a small powerhouse city with global influence. According to "World
Cities: Mapping the Pathways to Success", the capacity of cities to “deliver bold, transformational projects are among factors
to consider when assessing the long-term potential” and global reach of a city.11 We will need to convene small, dedicated and
focused groups of community leaders to make these big changes happen.

5. LEARN FROM OTHER                                         Preliminary research shows that Victoria’s             ACTIONS
                                                            comparative global cities (at the time of plan
CITIES (2020–2041)                                          development) are Oslo, Auckland, Boulder,
                                                                                                                   5.1	Measure the City and region against
We will learn from the successes and challenges                                                                         10 Traits of Globally Fluent Metro Areas
                                                            Bristol and Barcelona. These cities are in the
of other cities and build on the national and               process of pivoting or have pivoted and focused             Lead: TBD
global networks that Victoria is starting to                their resources to create future-facing, globally-          Support: TBD
participate in. The authors of “World Cities:               engaged and sustainable economies. There are
Mapping Pathways to Success,” also note that,               also likely others to learn from. Work will begin      5.2	Research policies and best practices
“Cities operate in a context where they share               in 2020 to assess Victoria’s (City and region’s)            needed to get us from we are (largest
similar styles of assets and advantages with a              status globally and global fluency.                         source of jobs is service and public
small group of other cities, most of which are
                                                                                                                        sector) to where we want to go (balance
outside their own national urban system.”12
                                                                                                                        of public sector and high-value private
                                                                                                                        sector jobs)
11 R
    osemary Feenan, Tim Moonen, et al, “World Cities: Mapping the Pathways to Success,” JLL and The Business of        Lead: TBD
   Cities, 2018, 6
                                                                                                                        Support: TBD
12 Feenan, Moonen et al, 6.

                                                                                                                                       City of Victoria | VICTORIA 3.0   31
5.3	Undertake case studies on what cities/           5.6	Develop a measurement framework to
                                                          regions have done to deliberately                     track progress over time. How many high-
Business Profile                                          unlock the following:                                 value jobs created? How globally fluent?
                                                          › Small and medium enterprise                         How many spin-offs from Ocean Futures
                                                            innovation/Business Enterprise                      Cluster and Innovation District?
                                                            Research and Development Rates                      Lead: TBD
                                                          › Research commercialization                          Support: TBD
                                                            (university spin-off)
                                                          › Municipal role in economic                     5.7	Create an Annual Education Program
                                                            reconciliation with First Nations that              modelled on Denver’s Urban
                                                            has led to increased empowerment for                Exploration Program
      Checkfront                                            Nations to successfully lead and/or
                                                                                                                Since 2008, Denver has been bringing
      Checkfront is a booking management                    collaborate on economic development
                                                                                                                together the public and private sectors,
      platform that provides the tools tourism            Lead: TBD                                             City and business leaders to take a trip to
      businesses need to streamline their                                                                       a downtown somewhere else in the world
                                                          Support: TBD
      operations, centralize administration,                                                                    that they can learn from. They believe
      and sell and market their services online.                                                                that the only way to continue building
                                                     5.4 	Determine comparator cities; assess how
      The Saas booking application is an all-in-                                                                and growing their downtown is to learn
                                                           we rank in comparison to other small,
      one solution which allows merchants to                                                                    from cities that are facing the similar
                                                           high-performing, high-calibre cities
      manage their reservations and optimize                                                                    challenges. The group meets with people
      their e-commerce functions with analytics,          Lead: TBD                                             who have already solved ‘that’ problem
      reporting, notifications, automated invoices        Support: TBD                                          and who can guide them in their pursuit
      and more.                                                                                                 to build an economically-vibrant, healthy,
      Since launching in June 2010, Checkfront       5.5 Gain insight on advancing key projects:                and growing city.13
      has grown to a company of 80; most are              i.) O
                                                               cean Futures Cluster                            Lead: TBD
      located at its headquarters in downtown
                                                          ii.) Creation of an Innovation District               Support: TBD
      Victoria. Over the past 10 years, the
      Checkfront team has accomplished                    iii.) A
                                                                 ttracting a post-secondary institution
      monumental growth, becoming the leading                   to open a campus in downtown Victoria
      independent booking system in the world for         Lead: TBD
      travel experiences.                                 Support: TBD
      Over 5,000 tour, activity, and
      accommodation providers around the
      world use Checkfront to simplify complex
      problems, allowing them to focus on doing
      what they love — providing unforgettable
      experiences.

                                                                                                           13 https://www.downtowndenver.com/membership/
                                                                                                              civic-leadership/urban-exploration/

32                 VICTORIA 3.0 | City of Victoria
6. TECH IS #1 – TELL AND                            6.2	Develop a Conference and Partnership          6.3	Assist tech companies with exporting and
                                                         Strategy and attend relevant trade shows           international sales
SELL VICTORIA’S                                          to promote Victoria tech ecosystem and             Lead: SIPP
TECH STORY (2020–2041)                                   attract talent
We will support, develop and promote Victoria’s
                                                         6.2.1	Attend relevant tradeshows and         6.4	Develop Digital Promotion Strategy for
flourishing tech industry so that it continues
                                                                conferences                                 global audience
to grow. The tech sector is our region’s largest
                                                         6.2.2	Look for opportunities for the              Tell Victoria’s success stories and
private sector industry, creating $5 billion of
                                                                City to amplify existing tech-sector        promote Victoria’s tech opportunities and
economic impact annually. The sector will grow
                                                                initiatives                                 ecosystem to a global audience in order
over the next 20 years. Tech is permeating all
other industries, and innovation and disruption          Lead: Mayor, City Staff (Economic                  to attract senior level talent and expand
are the new normal in a globalizing economy              Development)                                       opportunities for local companies.
with a rapid rate of change.                             Support: VIATEC                                    Lead: VIATEC
A message received loud and clear from the               Some relevant examples at time of plan             Support: City Staff (Economic
“Tech, Research and Development Roundtable”              writing include:                                   Development), SIPP
is that the City needs to take a leadership role
                                                         › Expo 2020 Dubai, October 20, 2020
to tell and sell the story of tech nationally and                                                      6.5	Create a platform to make it easy
                                                           to April 10, 2021
globally in order to ensure strong growth and                                                               for Vancouver Island MASH sector
                                                           March 22–28, 2021 is “Water Thematic
continued high-value job creation in this area.                                                             institutions (Municipalities, School
                                                           Focus – Energy, Marine, Ocean, Water”
                                                                                                            Boards, Health Regions and Publicly-
ACTIONS                                                    relevant to Ocean Futures Cluster
                                                                                                            Funded Post-Secondary Institutions) and
6.1   Go on an Annual Tech Road Show                     › Path92 – Victoria Tech Conference for            large companies to procure from Victoria
                                                           Emerging Leaders and Business Owners             tech companies
      Choose strategic cities to visit with the
                                                           A local tech company, SOHTOH created
      mission of promoting Victoria’s tech                                                                  Lead: City Staff (Economic Development),
                                                           Path92 in 2019 with the help
      industry and attracting senior level                                                                  SIPP
                                                           of Canadian Council for Aboriginal
      executive talent and relevant opportunities                                                           Support: Coastal Communities Social
                                                           Business, Dyspatch, Startup Slam,
      to Victoria.                                                                                          Procurement Initiative (CCSPI)
                                                           Battlesnake and Shopify to bring
      Lead: Victoria Innovation Advanced                   together emerging leaders and business
      Technology & Entrepreneurship                        owners in tech, who can contribute and      6.6	Develop a First Customer Strategy for
      Council (VIATEC)                                     start their own path down economic               small tech companies and start-ups to
      Support: Mayor and City Staff (Economic              reconciliation in the tech sector.               do business with Vancouver Island MASH
      Development), tech companies, South                                                                   sector institutions and large companies.
                                                         › Annual Cascadia Innovation
      Island Prosperity Partnership (SIPP)                 Corridor Conference                              Lead: City, SIPP
                                                           This conference brings together                  Support: CCSPI
                                                           business, academic, and government
                                                           leaders from both sides of the border
                                                           to explore new strategies for the
                                                           region to come together, maximize our
                                                           shared competitive advantages, and
                                                           elevate the Cascadia region’s global
                                                           economic position.

                                                                                                                           City of Victoria | VICTORIA 3.0   33
FIGURE 1. INNOVATION DISTRICT - INITIAL PROPOSED BOUNDARY
  This is a draft map; revisions will be made over time through the process of consultation
  and engagement.

34 VICTORIA 3.0 | City of Victoria
7. CREATE AN INNOVATION                              exchange ideas, achieve excellence, to address
                                                     the world’s most pressing problems with
DISTRICT (2020–2022)

                                                                                                           Business Profile
                                                     products and services that can be marketed
The City will work with the private sector,          globally, and to create the economy of the
leading Canadian post-secondary learning             future. It will be an amenity-rich place in which
and technical training institutions and the          small businesses flourish and benefit from the
provincial and federal governments to create         concentration of high-value economic activity
an Innovation District in the north end of           in this area.
downtown. An Innovation District is a hub
of cross-sector collaboration, a place where         To establish an Innovation District in a three-year
research and development leads to ideas that         time period will require that the City also takes
                                                     an innovative approach to its own processes.
are commercialized (turned into products                                                                         Pani Energy
and services), and where new high-value jobs
                                                     ACTIONS                                                     Pani Energy was founded with the spirit of
are created.
                                                                                                                 research within the halls of the University
                                                     7.1	Work with landowners in the proposed
The vision of the Innovation District is to honour                                                               of Victoria's Engineering and Chemistry
                                                          Innovation District area to develop
the current industrial land uses and build for                                                                   department. Pani Energy's founder Devesh
                                                          a shared vision
the future. The Innovation District is a once-in-                                                                Bharadwaj brought two passionate research
a-generation chance to lead and to create:                The Innovation District is proposed for the            groups together to innovate and develop
                                                          the north end of downtown adjacent to                  interdisciplinary technologies that would
  • Visionary mixed-use developments                      the harbour (SEE FIGURE 1). It’s currently             enable a significant reduction in the cost
  • High-quality public and private spaces                a mix of heavy industry, commercial, retail,           of producing fresh water from non-fresh
  • A catalyst to 22nd century well-being                 surface parking lots, recently remediated              sources.
  • Indigenous economic development                       land owned jointly by the Songhees and
                                                          Esquimalt Nations, and craft brewers.                  Pani Energy was founded and spun-out
    and resurgence                                                                                               with the backing of years of research,
                                                          Developing a coherent vision for the future
  • A showcase for BC architecture                                                                               alongside Dr. Ian Maconald and Dr. Tom
                                                          of the area while continuing to support the
    and construction                                                                                             Fyles, who sprinted towards bringing these
                                                          current high-value jobs generated by the
  • A model for climate adaptation                        industrial lands is critically important.              technologies from the academic world to
    and resilience with energy-efficient                                                                         commercialization.
    and sustainable construction and                      Lead: Mayor, City Staff (Economic
                                                                                                                 Since these early days, intellectual curiosity
    community design                                      Development and Real Estate)
                                                                                                                 has remained embodied in Pani Energy's
  • A model for cultural and social inclusion             Support: Landowners                                    ethos. Pursuing this early passion for R&D
  • A tribute to BC’s marine heritage with                                                                       has led to the creation of our software and
                                                     7.2	Develop a name and brand for the                       hardware technologies, for both the water
    a working dock
                                                          Innovation District                                    and energy industries.
  • An Ocean and Marine Innovation Hub
                                                          The name and brand will need to tell the               Pani continues R&D in the energy and
  • A flagship for Canada                                 story of the area – its history, its present           water nexus, with interests in improving
The Innovation District will be global facing,            day story as its future aspirations.                   efficiencies through software and novel
attract companies that anticipate and solve               Lead: Mayor, City Staff (Economic                      hardware system designs in desalination and
the problems of the 22nd century, and ensure              Development)                                           large-scale energy storage, building upon
sustainable economic engines to benefit the                                                                      adaptive and intelligent membrane process
                                                          Support: Relevant stakeholders
local economy. This District will be a site to                                                                   design and operation.

                                                                                                                                     City of Victoria | VICTORIA 3.0   35
ROCKLAND SCIENTIFIC INTERNATIONAL INC.

36   VICTORIA 3.0 | City of Victoria
7.3	Attract a post-secondary institution          8. CREATE AN OCEAN                                      The Ocean Futures Cluster will operate through
     or institutions to downtown Victoria                                                                  a Blue Economy Framework. According to
     as an anchor in the Innovation District
                                                   FUTURES CLUSTER                                         the World Bank, the Blue Economy is the
                                                   (2020–2022)                                             “sustainable use of ocean resources for
     Lead: Mayor, City Staff (Economic
                                                   An economic cluster is a dense network                  economic growth, improved livelihoods and
     Development and Real Estate), South
                                                   of companies and institutions located in                jobs, and ocean ecosystem health.”14 The Blue
     Island Prosperity Partnership (SIPP)
                                                   a concentrated geographic area. Clusters are            Economy recognizes the increased advantage
     Support: Relevant companies, Provincial
                                                   considered to increase the productivity with            offered by intersecting business growth and
     government
                                                   which companies can compete, nationally                 development with responsible, sustainable
                                                   and globally.                                           ocean use. The Ocean Futures Cluster will work
7.4	Undertake a charette (focused planning                                                                with the expertise and knowledge offered by
     process) to develop a plan for the District   A significant and under-realized opportunity for
                                                   Victoria is our location as a coastal and island        First Nations communities who have lived by the
     Lead: City Staff (Economic Development,       community on the Pacific Ocean. Victoria is close       Coast Salish waters for generations.
     Planning and Real Estate)                     to the shipping gateway to Asia-Pacific markets         As a key Big Move in Victoria 3.0, the Ocean
     Support: Mayor, community stakeholders        and a critical transit point to the Arctic Ocean.       Futures Cluster will grow existing enterprises
                                                   Victoria can lead globally in ocean science and         and attract new ones where the resulting
7.5	Consider incentives to stimulate              technology. With 90% of the world’s population          products, services, technology, know-how,
     development of the Innovation District        living within close proximity to the ocean, there       and intelligence support the arc that leads
                                                   is a huge market for ocean technology, data,            to sustainability and climate change mitigation
     Lead: City Staff (Economic Development
                                                   science and solutions. We will create jobs and          and adaptation. The Ocean Futures Cluster will
     and Planning)
                                                   export opportunities by solving the world’s most        help our region and Canada to achieve the
                                                   pressing ocean and climate-related problems.            UN Sustainable Development Goals, specifically,
7.6	Establish partnerships and/or funding
                                                                                                           Goal 14: “Life Below Water – Conserve and
     relationships to create the                   To develop the Ocean Futures Cluster, we will           sustainably use the oceans, seas and marine
     Innovation District                           build on major assets like the University of            resources for sustainable development.”
     Lead: Mayor, City Staff (Economic             Victoria’s Ocean Networks Canada, the Victoria
                                                   Shipyards (operated by Seaspan), the Esquimalt          There is an ocean supercluster operating
     Development)
                                                   Graving Dock including Babcock Canada and               in Atlantic Canada. Victoria’s Ocean Futures
     Support: SIPP                                                                                         Cluster will build on and amplify the work on
                                                   Lockheed Martin Canada, the Institute of Ocean
                                                   Sciences and the Camosun Coastal Centre — all           the east coast and create high-value jobs in
7.7	Develop creative financing models                                                                     British Columbia at the same time as work to
                                                   of the supply chains around the CFB Esquimalt
     Lead: Mayor, City Staff (Economic             and Point Hope Shipyard, and all the ocean and          position Canada as a leader in ocean science,
     Development)                                  marine-related businesses in our region to create       tech, commercialization and solutions. Our Ocean
                                                   a 22nd-century-oriented ocean and marine                Futures Cluster will be a hub and spokes model
     Support: Civic Lab
                                                   economic cluster.                                       (or an octopus) with the hub/body in Victoria and
                                                                                                           the spokes/legs reaching out across the province.

                                                   14 https://www.worldbank.org/en/news/infographic/2017/06/06/blue-economy

                                                                                                                               City of Victoria | VICTORIA 3.0   37
You can also read