Christopher Theeparajah, account manager of trade finance for the Vancouver Island Region for Export Development Canada , speaks at the 3rd annual Five Chamber Mixer hosted by the Saanich Peninsula Chamber of Commerce last Thursday, as president Andi Hook listens. Export Development Canada will open an office in the Greater Victoria area because of its economic growth. Theeparajah serves on board the Saanich Peninsula Chamber of Commerce. (Janis Jean Photography/Submitted)

Regional mixer reveals more about new federal export office coming to Greater Victoria

Third Annual Five Chamber Mixer offered chance to learn more about new federal export office

The coming opening of a federal economic development office in Greater Victoria, possibly on the Saanich Peninsula, speaks to the economic potential of the region, says the head of the local chamber of commerce.

Denny Warner, executive director of the Saanich Peninsula Chamber of Commerce (SPCC), made that observation after the Saanich Peninsula Chamber of Commerce hosted the third annual Five Chamber Mixer featuring chamber members from the Esquimalt Chamber of Commerce, the Greater Victoria Chamber of Commerce, the West Shore Chamber of Commerce, the Sooke Chamber of Commerce, and the Saanich Peninsula Chamber of Commerce.

It was the first time that the local chamber had hosted the event which drew some 225 entrepreneurs and others including local MLA Adam Olsen and other municipal officials to Level Ground Trading, a company specializing in fair trade goods.

RELATED: Mayors update business leaders on Peninsula plans

But if the evening served as a networking event, it was also a chance to learn more Export Development Canada (EDC), the evening’s sponsor and soon-to-be-presence in the Greater Victoria area.

EDC describes itself as “a financially self-sustaining” Crown corporation that serves as an export credit agency, providing various types of financial services to Canadian exporters, investors and their international buyers. The company also supports direct Canadian investment abroad and foreign investment into Canada.

It is not clear when and where the office will open in the Greater Victoria area, but it will be the first of its kind off the British Columbia mainland.

Warner said the federal government had identified the area as a growth area, a testament to the global reach of area companies.

“They are doing some exciting things behind closed doors, but nobody knows about it,” said Warner. If so, local companies might also be unfamiliar with the work of EDC and Thursday’s mixer was a chance to learn more about EDC and its services.

“There was a lot of interest in having access to this service,” said Warner.

Point person on behalf of EDC was a figure familiar in the local business community, Christopher Theeparajah, account manager of trade finance for the Vancouver Island Region. While Theeparajah currently commutes from the Vancouver area, he will eventually have an office in the region.

Where remains unknown. Warner for her part would like to see Theeparajah come to the Saanich Peninsula with the region having an edge insofar that Theeparajah currently serves on the board of the chamber. But it is not guaranteed.

“I’m expecting that there are a lot of communities, who would want that office in their municipal boundaries,” she said.

The Peninsula News Review has reached out to Theeparajah for comment and will update this story accordingly.


Like us on Facebook and follow us on Twitter

wolfgang.depner@peninsulanewsreview.com

Just Posted

Sentencing date set for Oak Bay father convicted of killing his two daughters

Andrew Berry was found guilty of two counts of second-degree murder last month

Cruise ships leading culprits in rising greenhouse gas emissions at Ogden Point: report

The GVHA released its Emissions Inventory Report just days after City asks for restrictions

Saanich man charged in cross-border drug smuggling operation pleads guilty

William Milton Barnes was charged following a six-month joint investigation

Langford woman charged after allegedly racking up $10,000 in loans using stolen identity

A 32-year-old Langford woman faces theft, fraud, and impersonation charges

Head of Vancouver Island Regional Library system calls Sidney’s claims ‘problematic’

Rosemary Bonanno says the Library Act gives Sidney an ‘exit strategy’

WATCH: Greater Victoria’s top stories of the day

A round-up of the day’s top stories

POLL: Do you think the day of the federal election should be a statutory holiday?

Increasing voter turnout has long been a goal of officials across the… Continue reading

Fatal overdoses down by 33% in B.C., but carfentanil deaths continue to spike

Carfentanil, an illicit drug more powerful than fentanyl, causing more deaths than ever

Brothers in Cowichan Valley win big in lottery for second time

Playing same numbers net big wins over a three year period

B.C. woman finds mysterious coin among Grandma’s collection

Grandmother died when she was very young and her past is not well known to her mother

Report of gunshots leads to discovery of deceased male in Campbell River

Police conduct investigation in the south end of Campbell River

Pot use admission at U.S. border snagging Canadian boomers, says lawyer

A waiver to enter the U.S. can cost $2,000 and isn’t a guarantee

Health concerns over vaping cast haze over Canadian cannabis market expansion

More than 1,000 people in the United States, and a handful in Canada, have developed a lung ailment

Most Read