1 December 2014

buying local makes $ense

"If you spend $100 at a local business, $46 of it stays in your local community, versus $18 if you shop at a large corporation.. "

"There's $1,500 being spent by the average Canadian during the holidays," Robinson notes. "Even if B.C. consumers shifted one per cent of that spending, $15, to a local business, that would generate $94 million for B.C. workers and 3,400 jobs. Most people can think about it in terms of a $15 purchase. That's one bottle of B.C. wine."
By Jesse Donaldson, Dec. 1/14, TheTyee.ca

The Christmas season is almost upon us, and with it a slew of turkey dinners, Christmas carols, figgy puddings, and of course that most beloved of holiday traditions, spending approximately $1,500 on your friends and loved ones.
But the first week of December is also the time for a more recent seasonal tradition: the third annual Buy Local Week. This celebration of community asks the question: rather than spending your holiday dollars to make Walmart or Sony's season a little jollier, why not make your purchases at your favourite local businesses?
"Local businesses are the heart and soul of our communities," notes Maureen Cureton, Vancity Credit Union's energy and environment/local economy manager. "If we all recognize the value they bring socially and economically, and shift some of our spending this holiday season (and throughout the year), collectively we could make a very big impact that strengthens our local economy and the communities in which we live and work."
This year, Buy Local Week has increased its scope across the province, both in terms of the number of business groups involved as well as the number of cities, including Vancouver, Richmond, Burnaby and Whistler. The goal of the initiative remains the same: to foster increased awareness of local business and local producers, to strengthen local communities and to create sustainable local economies.
"When you buy from a locally-owned business, money circulates in your community 2.6 times more than it would with a chain," explains Amy Robinson, founder and co-executive director of LOCO, the business alliance behind the initiative. "If you spend $100 at a local business, $46 of it stays in your local community, versus $18 if you shop at a large corporation. We want to keep that money in the community as long as possible."
So, before you start dashing through the snow in search of seasonal necessities, take a moment to peruse The Tyee's guide to key holiday staples and their local alternatives...

read the full article here

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