- Community Highlight -
mes sources Biking in Victoria is an easy and affordable way to get around town and is more convenient with the increasing amount of bike lanes. Three new bike lanes on Vancouver Street, Harbour Road and Hillside/Quadra were approved in August and expected to start construction by the end of 2019. With this increase in people biking and investment into bike lanes, comes an increase in demand for secure parking spots for those bikes. The demand for bike spots is not being met. Secure bike parking in the downtown area comes at a fee of $1-$2 per visit but these spots are usually found all taken which then forces people to chain up their bikes to trees. With surveys and petitions going around to increase secure spots, the future of bike parking seems to be looking positive as more businesses put in plans to install bike racks.
- Student Highlight -
I spent this past summer on a co-op with Fidelity Investments Canada at one of their regional offices in Vancouver, BC. Fidelity is a mutual fund and ETF manufacturer; this means Fidelity creates the investment products, but they are bought and sold through a third party (i.e. TD, RBC, Edward Jones, etc).
I worked in their Western Canada Advisor Sales division where I assisted nine investment wholesaling teams in selling Fidelity’s investment products to these third parties. This summer I learned so much more than I could have ever expected, both personally and professionally. Not only did I receive top notch investment industry training, but I received valuable professional development and presentation training. The supportive work environment fosters relationships and connections that will last me well into my future career. Although I had an amazing experience with Fidelity, I am ready to hit the books again. I am entering my core year at Gustavson with enthusiasm and a few nerves. I’ve been told this is the monumental year and I have no idea what that will truly entail but I am excited for the challenge. In addition to entering my core year, I will be serving as the Executive of Finance for the UVic Commerce Students’ Society (CSS). I want to make a difference in this role. While streamlining the CSS’ financial management processes is one goal, I am also passionate about educating people on financial topics. I hope I can host a finance related event that will possibly inspire some people with what the financial services industry has to offer.
- Environmental Highlight -
Nowadays, compostable single use containers are becoming omnipresent. While far better for the environment overall than a plastic product, they still create a disposal challenge: the transfer from caffeine-starved student to an organization responsible for dealing with the waste. These products, such as compostable coffee cups, smoothie cups, containers, etc... typically made from a corn-based material are starting to appear everywhere. What are definitely not everywhere, however, are compost bins for getting the now used - and instantly filthy, soiled, disgusting products out of our tired, fed, and quenched hands in order to let us "put them to better use". So, that begs the question: What are you supposed to do with disposable compostable products once you're finished with them? Obviously, if there is a compost available, then compost away. But how often do your really see a compost bin? Especially outside, which I can say is where I find myself nine times out of ten when I finish my coffee. The real question here is: What are you supposed to do with something compostable if there is no compost available?
If there is no compost, you are supposed to throw compostable material into the landfill-destined garbage. I can admit that I have been guilty of not following this rule in the past - it feels wrong on some level, and morally speaking, I feel much better about putting something in the recycling than the garbage. However, according to the manufacturer of many of these compostable items, Ecoproducts, the landfill is the only other option if a compost is unavailable. They claim on their website that in a commercial composting facility, their PLA (plant-based polylactic acid) products can degrade in as fast as 45-60 days, (but more realistically within 180 days). In a landfill, the amount of time these products take to degrade increases dramatically, and in the case of an air-locked or capped landfill "the ability of the compostable products to decompose will be severely restricted." However, putting non-recyclable products in the recycling stream can cause problems in recycling facilities, meaning it is still a much better idea to put compostable material in the garbage than the recycling.
To answer the question: In an ideal world, find a compost bin. If you can't, then throw your compostable items in the trash. That being said: do everything you can to put compostable waste where it's supposed to go, and let it turn itself back into something the natural world can use. The CRD says that in 2016, 21% of their waste stream was organic material that could have been composted. So, do your part to bring that number down by using the right bin. To make the biggest impact, however, switch to a reusable coffee cup... It will make you feel slightly better about your impact on the environment, and at most cafes, lessen the dent your caffeine addiction has on your wallet.
- Business Highlight -
How the CPA designation prepares you for your career
In the 21st century, the primary source of wealth is information. Knowledge, expertise, data, education—these are the new levers of prosperity. So, given this new environment, you can’t help but to think, how can you realize your career aspirations?
According to WorkBC data, Chartered Professional Accountants (CPAs) are in high demand. Over 13,450 new positions are expected to be created over the next 10 years, making professional accountants the fourth highest job growth category in BC. In general, accounting and financial professionals have one of the lowest unemployment rates across all occupations. This is especially true for designated accountants.
Being a CPA is a key that opens the door to exciting career opportunities, boosting your earning potential, and leading to tremendous professional satisfaction. CPAs are trusted professionals in areas where strategic, financial, and leadership decisions are made. With the skillsets you gain as a CPA, your career options are limitless – you have the power to choose a career tailored to your interest, whether you want to be an entrepreneur or work at a tech-startup. Our two-year, online program offers rigorous financial education, and where it truly shines is how it is complemented by a strong focus on essential business competencies such as management, communications, problem solving, and most importantly, leadership.
Interested in becoming a CPA? Check out the upcoming events in Victoria!
CPABC Information Session: September 5, 2019 from 4:00-5:00pm, Victoria Conference Center Theatre (UVIC Workplace Skills Conference). RSVP here.
Speed Interview Nights in Victoria: October 24, 2019 from 6:00pm - 8:00pm, Hotel Grand Pacific. RSVP here.
For more information about the CPA program, contact us at 604.872.7222, email firstname.lastname@example.org, or visit goCPAbc.ca.
- Community Highlight -
On July 7th 2019, thousands of supporters marched through the downtown Victoria area for the annual Victoria Pride Parade. The buzzing atmosphere showcased the LGBTQ2 community in a bright light. The goal to make the community more accessible and have a greater voice in Victoria was able to be seen within the crowds of people. The biggest step forward, towards this goal, was having the Victoria police officers not dressed in uniform. Instead of cops patrolling the streets, they opted for strolling with the crowd through Victoria while they wore t-shirts with the saying “Love Proudly, Live Proudly, Police Proudly.” At UVic, we are dedicated to making cure the LGBTQ2 community is fully accepted and supported and the CSS welcomes all students no matter what they identity as.
- Local Business Highlight -
- Environmental Highlight -
Single-Use Plastic Bans
Costa Rica, a nation of 4.8 million people (a similar population to BC) has committed to banning all single-use plastics by the year 2021. The announcement was made back in 2017, but the country is still on track to be the first to ban all single use plastics. One province, Guanacaste, famed for its beaches, sunshine, and natural scenery is likely to be ahead of the rest of the country, as according to The Costa Rica News they are going to ban plastic bags and straws "very soon".
While many places around the world - from small towns to entire countries - are working on or have already started to ban certain types of harmful single-use plastics, Costa Rica is leading the charge by committing to banning anything considered a single-use plastic. This includes straws, bags, bottles, lids, cups, and containers. Previously plastic products will be switched out with substitutes made from more renewable and sustainable materials. Whether or not Costa Rica reaches their goal by 2021 is definitely uncertain, and probably highly unlikely, but you can't aim for your target if you don't nail it to a palm tree in the first place, making this an admirable move by the Central American country.
Here in Canada, Prime Minister Justin Trudeau recently announced that Canada will also ban single-use plastics by the year 2021; however, the target wasn't nailed into the maple tree quite as well, because the words "as early as" appear immediately before "2021" on the PM's website. Setting rigid and challenging goals are far better for mobilizing people and policy than something loose like "as early as", and so it seems even more unlikely that Canada will reach its target date for a single-use plastic ban. Despite this, having a larger, wealthier country like Canada make a commitment to protecting our beautiful natural environment from the horrors of plastic pollution is a major step on the world stage, and hopefully every other country on the only planet we have will begin to follow suit.
Meanwhile in Victoria, the city has come up against a complication and delay on its ban of single-use plastic bags in stores. According to the CBC, the BC court of Appeals ruled in favour of the Canadian Plastic Bag Association because the city failed to seek approval from the Minister of the Environment prior to enacting the ban, which aimed to protect to environment. As a result, the city can no longer prevent stores from giving away or selling plastic bags to customers when they check out. The ban is said to have stopped at least 17 million plastic bags from going to the landfill since 2017 according to Madam Justice Newbury. We will see how Victoria will try to cut back on single-use plastics in the near future, but that shouldn't stop you from doing your part to reduce your own personal plastic consumption.
- Grad Gala -
On July 24th, 2019, the Gustavson Grad Gala en blanc was hosted at the Beachhouse Restaurant in Victoria. The Gustavson Graduation Gala is a long-standing flagship event of the Commerce Students' Society that offers a chance for our graduating students to celebrate their accomplishments together before pursuing their next endeavours. It was presented by Workday, our main sponsor.
Workday was founded by Aneel Bhusri and David Duffield in 2005. Their wish was to found a company that would revolutionize the enterprise software market. The founding idea is to put people in the center of a software enterprise rather than digital information. Its website states that this year, Workday achieved an industry-leading 98 percent customer satisfaction rating. Workday has six core values: employees, customer service, innovation, integrity, fun, and profitability. These values ensure the great success of the company by giving it a certain framework. The software company's success is reflected by its content customers. Some world-leading companies trust Workday with their cloud work. Netflix, AON, Tripadvisor, Amazon, AirCanada, Aldo to name just some of Workday's customers. This tech company is revolutionizing the sector.
The Commerce Students' Society would like to honour and thank this company for its great support. The Gustavson Grad Gala en blanc would not have been possible without your generous sponsorship. Many thanks!
- A Message from our President -
Every year when the leadership team goes through its transitional phase and the keys are handed over to a new team, an opportunity arises. The opportunity is the ability to analyze who we are as a society, organization, and community member.
I am thrilled to see the results our team has put into seizing this opportunity and capitalizing on all the areas we can grow - we are expecting to have one of the most transformative years the CSS has experienced. I aim to push each portfolio above and beyond our normal operations to create more opportunities for all stakeholders on both a micro and macro level.
Looking forward, you can expect to see our flagship events executed in a new light; an overhaul of both our academics and community outreach portfolios with the focus of creating impactful professional and personal development; and an incredibly dedicated corporate relations team who are looking to bring new our sponsor’s value to new heights.
None of these goals would be possible without the fantastic group of leaders I am working alongside with; their efforts and relentless ambition have already changed the trajectory of the organization, and I am confident it will continue to be felt for years to come.
I am incredibly excited to see what is in store for this year and making our community at Gustavson stronger together.
- New Student Housing Cancelled in Favour of Hotel -
purchase inderal - Burton Sustainability Environmental Stewardship Corner -
Snowboard and clothing company Burton created an ambitious set of sustainability and social wellness goals for itself to reach by the year 2020 back in 2017. A recent sustainability report and inquiry by Mountain Life Magazine shows that they are well on track to reaching their goals in most areas. For example, they have reached 59% diversion of waste to landfill, aiming to reach 75% by 2020, and an 81% Fair Labour Association compliance in their factories with a goal of 100%. Similar positive progress is being made on most objectives. Unfortunately, some areas still need to see significant improvement in the next year with arrows missing their targets by some fairly wide margins. Take their goal of a 20% CO2 reduction at their global headquarters in Vermont, for example, which is currently sitting at -22% progress after two years with one more to go. Burton is one of the world's foremost outdoor brands and sets a great example by not only creating and striving towards ambitious sustainability and social goals, but also being open about their progress: both positive and negative, creating accountability beyond closed doors.
Read more on Mountain Life's website: