As the name suggests, the Victoria Times Colonist goes back to colonial days. Indeed, it is Western Canada's oldest daily. The current incarnation resulted from a 1980 merger that combined two ancestral papers.
The British Colonist was started by social liberal Amor De Cosmos (his adopted name -- he was born William A. Smith) in 1858. After BC joined Confederation in 1871, De Cosmos was elected and served two years as Premier.
The Victoria Daily Times (est. 1884) was the other daily that became part of the Times Colonist.
Today the TC publishes from Tuesday to Sunday. It also supports a Fun Run and literacy projects like Canspell and Raise a Reader.
Postmedia sold it in 2011 to Glacier Media. The first sixty years of the British Colonist, (later, Daily Colonist) are available in a free online archive.