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Farm payroll startup Labora wins SFU entrepreneurship competition


Farm payroll startup Labora wins SFU entrepreneurship competition
Surrey, British Columbia-based FinTech startup Labora has taken home the top prize at Simon Fraser University’s (SFU) 10th annual Venture Prize competition, coming away with a $35,000 prize package.
The awards were announced on April 21 during an online ceremony. For the second year in a row, the competition, which was sponsored by BC credit union Coast Capital Savings, was held virtually. According to SFU, this year, the competition saw a 35 percent increase in applications compared to 2020.
According to SFU, this year, the competition saw a 35 percent increase in applications compared to 2020.
Labora offers a digital payroll service for seasonal agricultural workers and farmers. The startup provides simple, automated payroll transfers, allowing workers to send remittances back home more easily by giving them a “safe, convenient alternative to travelling to a physical bank.” ....

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Initiative aims to address the gender inequalities of COVID-19 pandemic


Job loss due to COVID-19 has affected millions of Canadians women disproportionately so.
Female employees became unemployed at a rate of 60%
higher than men at the onset of the pandemic according to the Unmasking Gender Inequity study published by the BC Women’s Health Foundation.
As primary caregivers at home, women 25-55 lost up to six times more work hours than their male counterparts leading to more anxiety, depression and burnout. While the pandemic may not be over, a new initiative is aiming to reverse this social issue.
To commemorate International Women’s Day 2021, Coast Capital Savings is launching their ‘Let’s Keep Her On The Map’ campaign aimed at supporting and elevating women in the workforce. Female-owned businesses are at the forefront of the credit union’s movement as they are offering a number of curated resources for entrepreneurs who have been impacted. ....

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International Women's Day: B.C. women, including small business owners, bear the economic brunt of COVID-19


by Charlie Smith on March 6th, 2021 at 4:05 PM
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Like many B.C. small business owners, Eryn Beattie has faced enormous challenges as a result of the COVID-19 pandemic.
Luna Collective, her vintage and handmade goods shop in Victoria s Fernwood neighbourhood, supports more than 50 other women-owned Canadian businesses. But being forced to close for three months last spring was an incredible challenge .
It was the right thing to do to try to slow the spread of the virus, but it was very scary to shut my doors and think about how I would survive the coming weeks, Beattie states on the Coast Capital Savings website. I’m extremely grateful for how quickly I was able to pivot to online-only sales, and for the customers who got me through those months with their support. ....

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Coast Capital directors paid too much, credit union members' petition says


Coast Capital chairman Bill Wellburn of Victoria received $164,140, according to the credit union’s website. That was well above the compensation of Vancity chairwoman Virginia Weiler, who received $60,780 in 2011-2012 and will earn $62,239 in 2012-2013.
Wellburn holds another high-profile chairmanship, leading the Greater Victoria Harbour Authority, where he earns an annual retainer of $10,000 and $400 per meeting.
Surrey resident Phil Embley is spearheading the campaign to revamp Coast Capital’s process of setting out payments. He argues too much money is going to the board, comparing Coast Capital figures with those of Vancity, where board remuneration for 2011-2012 comes to $366,380.
Embley has collected more than 400 signatures on a petition to hold a vote on members approving the remuneration rate and for that information to be more clear in the institution’s annual report. The vote runs March 22 to April 16. Coast Capital’s annual general meeting is ....

Victoria Harbour , Phil Embley , Glenn Wong , Greater Victoria Harbour Authority , Financial Institutions Commission , Coast Capital Savings , Coast Capital , Bill Wellburn , Virginia Weiler , Coast Capital Compensation , விக்டோரியா துறைமுகம் , க்ளென் வோங் , அதிகமானது விக்டோரியா துறைமுகம் அதிகாரம் , நிதி நிறுவனங்கள் தரகு , கடற்கரை மூலதனம் சேமிப்பு , கடற்கரை மூலதனம் , ர சி து வெல்பர்ன் , வர்ஜீனியா வெயிலர் , கடற்கரை மூலதனம் இழப்பீடு ,