Business Is Bleak: Urgent Calls to Resuscitate Downtown Victoria
- A recent report from the organization representing Victoria's downtown businesses revealed that nearly half of these businesses might relocate if their leases end this year.
- This situation follows a decline where 39% of businesses saw profit drops last year, and dissatisfaction grades for downtown quadrupled from 5.2% in 2019 to 22%.
- The report highlights a retail vacancy rate increase to 11%, safety concerns with calls for more policing, and bright spots in tourism and housing growth.
- Keith Johnson, a sweet shop co-owner, said customers find downtown unsafe, and Jeff Bray called the trend 'very concerning' urging immediate government action.
- The province announced a $5 million Community Safety program in May, and Victoria Police seek funding to increase patrols, while officials promise coordinated efforts to revitalize the area.
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12 Articles
12 Articles
All
Left
9
Center
2
Right
Coverage Details
Total News Sources12
Leaning Left9Leaning Right0Center2Last UpdatedBias Distribution82% Left
Bias Distribution
- 82% of the sources lean Left
82% Left
L 82%
C 18%
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