Submitted by Councillor Henderson
WHEREAS the current economic instability is applying financial pressure on small businesses across our communities; and
WHEREAS local governments have an opportunity to identify zoning, development, and other policies that may support affordability for businesses; and
WHEREAS the City will be updating the Economic Development Plan in 2025; and
WHEREAS the Province has greater jurisdictional power to decrease the economic pressures on small businesses through a variety of policy changes;
BE IT RESOLVED THAT staff explore the impacts of restricting extended health services as a permitted use at ground level through retail zoning updates; and
BE IT FURTHER RESOLVED THAT staff report back on opportunities to remove barriers for property owners interested in subdividing commercial units through zoning bylaws and building regulations; and
BE IT FURTHER RESOLVED THAT staff explore creating a commercial tenant relocation policy for small businesses (in BC, defined as businesses that have fewer than 50 employees) that could include principles like relocation support and/or first right of refusal at a comparable lease rate or with a reasonable increase; and
BE IT FURTHER RESOLVED that the City send a letter to the Minister of Finance and CC the Minister of Municipal Governments and Rural Communities, the Minister of Housing and Municipal Affairs, and the Minister of Jobs, Economic Development and Innovation advocating that a Property Assessment Review be expedited; and
BE IT FURTHER RESOLVED that the City send a letter to the Minister of Finance and CC the Minister of Municipal Governments and Rural Communities, the Minister of Housing and Municipal Affairs, and the Minister of Jobs, Economic Development and Innovation advocating for WorkBC programs offered to support the development of new businesses be extended to offer continued operational support to small businesses; and
BE IT FURTHER RESOLVED that given the economic instability small businesses are facing, that the City send a letter to the Minister of Finance and CC the Minister of Municipal Governments and Rural Communities, the Minister of Housing and Municipal Affairs, and the Minister of Jobs, Economic Development and Innovation asking that the Province pilot a program to temporarily regulate commercial rent increases through a rent cap to ensure sustainability over this period of extreme instability and potential recession.