Chief Frank Elsner says officers were confronted by the man when they arrived at the house at about 11 a.m. Saturday.
Elsner says the incident in the James Bay area is tragic for the community and offered condolences to the man's family.
The Independent Investigations Office has been deployed to Victoria, and Elsner says his department will facilitate an open and transparent investigation into what happened.
The IIO says several investigators, including a forensics specialist, will be at the scene.
The civilian-led agency investigates all police-involved injuries and deaths in B.C.
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