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)

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

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

BC Coroners Service is currently investigating a death at Canoe Cove Marina and Boatyard in North Saanich. (Black Press Media File)
Drowning death of North Saanich likely first in B.C. for 2021

Investigation into suspected drowning Monday night continues

Sidney's Beacon Wharf
Pontoon company piqued at prospect of public-private partnership around Sidney wharf

Seagate approached to submit proposeal for public-private partnership

Located at 9750 West Saanich Rd., this North Saanich mansion is on the market for $10.25 million. (Realtor.ca photo)
Located at 9750 West Saanich Rd., this North Saanich mansion is on the market for $8.65 million. (Realtor.ca photo)
The five most expensive homes for sale in Greater Victoria

A roundup of luxury estates currently on the market

Jimmy Fallon joked that a woman’s 4.5-star review of a Langford jail is “the most Canadian thing you could do” in The Tonight Show Jan. 21. (Screenshot/YouTube)
VIDEO: Jimmy Fallon jokes Canadian jails are basically hotels following woman’s 4.5-star review

Woman gave handwritten card to police following stay in Langford cells

The District of Saanich’s communications team decided to take part in a viral trend on Thursday and photoshopped U.S. Senator Bernie Sanders into a staff meeting photo. (District of Saanich/Twitter)
Bernie Sanders makes guest appearance at Saanich staff meeting

Sidney firefighters jump on viral trend of photoshopped U.S. senator

Toronto Public Health nurse Lalaine Agarin sets up for mass vaccination clinic in Toronto, Jan. 17, 2021. B.C. is set to to begin its large-scale immunization program for the general public starting in April. THE CANADIAN PRESS/Frank Gunn
B.C.’s COVID-19 mass vaccinations expected to start in April

Clinics to immunize four million people by September

Terry Keogh, an RDN Transit driver, used his paramedic skills the morning of Jan. 22 after coming across an unconscious woman along his route in downtown Nanaimo. (RDN Transit photo)
Nanaimo transit driver stops his bus and helps get overdosing woman breathing again

Former EMT from Ireland performed CPR on a woman in downtown Nanaimo on Friday

Chief Public Health Officer Theresa Tam speaks during a daily briefing in Ottawa. (THE CANADIAN PRESS/Adrian Wyld)
31 cases of COVID-19 variants detected in Canada: Health officials

Dr. Theresa Tam made announces 13 more variant COVID-19 cases in Canada

An Atlantic salmon is seen during a Department of Fisheries and Oceans fish health audit at the Okisollo fish farm near Campbell River, B.C. in 2018. The First Nations Leadership Council says an attempt by industry to overturn the phasing out of salmon farms in the Discovery Islands in contrary to their inherent Title and Rights. (THE CANADIAN PRESS /Jonathan Hayward photo)
First Nations Leadership Council denounces attempt to overturn salmon farm ban

B.C.’s producers filed for a judicial review of the Discovery Islands decision Jan. 18

Daily COVID-19 cases reported to each B.C. health region, to Jan. 20, 2021. Island Health in blue, Northern Health green, Interior Health orange, Vancouver Coastal in red and Fraser Health in purple. (B.C. Centre for Disease Control)
B.C.’s COVID-19 infection rate stays stable with 508 cases Friday

Vaccine delivered to more than 110,000 high-risk people

More than 100 B.C. fishermen, fleet leaders, First Nations leaders and other salmon stakeholders are holding a virtual conference Jan. 21-22 to discuss a broad-range of issues threatening the commercial salmon fishery. (Black Press file photo)
B.C. commercial salmon fishermen discuss cures for an industry on the brink

Two-day virtual conference will produce key reccomendations for DFO

Black Press file photo
Investigation at remote burned-out Vancouver Island cabin reveals human remains

Identity of victim not released, believed to be the owner of an SUV vehicle found parked nearby

Angela Waldick is the new team photographer for the Nanaimo NightOwls. (Nanaimo NightOwls photo)
Half-blind photographer will help new Island baseball team look picture-perfect

Nanaimo NightOwls say legally blind team photographer is making history

School District 57 headquarters in Prince George. (Mark Nielsen, Local Journalism Initiative Reporter)
Prince George school district settles with sexual abuse victim

Terms were part of an out-of-court settlement reached with Michael Bruneau, nearly four years after he filed a lawsuit

Most Read