Excited to attend the #BCBuyLocal Week Launch and celebrate with founder Amy Robinson (she/her) at the Monday, Nov. 27 LOCO BC Terra Breads, Inc. Vancouver event in Olympic Village*. Join us! Not only because these are fun and educational events but because #supportinglocal is good for people and the economy. When we #buylocal we support our local communities and businesses.
Public policy, public awareness and how we spend money impacts the wellbeing of the communities we live in. It's understandable to be concerned about issues we see around us but let's see what we can change with some proactive facts and conversations. Come out and learn more about how we can collectively improve. For example, did you know:
* 66 cents of every dollar spent locally recirculates locally compared with only 11 cents of every dollar for multinationals with physical locations in Canada, and only 8 cents for every dollar for online giants **
* locally grown or made product results in a greenhouse gas reduction benefit of between 5% and 66% compared to imported products, that local products produce a local economic benefit between 2.0 and 7.1 TIMES that of imported products (an average of 4.1 times), and that a local retailer compared to a non-local retailer that is purely online has a benefit of 107 TIMES.
* The average recirculation for independent retailers has been determined for each Canadian province. It ranges from a low of 59 cents per dollar in Quebec, to a high of 70 cents per dollar in Ontario. The average in BC is 66 cents per dollar, the same as the Canadian average.
* Consumers underestimate the recirculation impact of independent businesses (by almost 2X), overestimate the recirculation impact of multinational retailers with brick and mortar locations (by more than 3X), and overestimate the recirculation impact of online giants (by more than 2X).
* Nearly all (97%) of independent retailers contribute to their communities in some way, 3/4 donate cash, goods/services or time to local causes, and more than 1/2 support local organizations, teams, and events.
55% of consumers say they shop more now at large retailers than they did 5 years ago. 84% say they would like to do more of their shopping at independent businesses, and 4 in 5 report that consumers should do what they can to support small businesses.
** (within the provincial economy where they are based, and this is from a report looking at averages in Canada, and purchases from Canadian owned retail businesses) .
Sign up here: https://lnkd.in/gMZxxEP4
* Time: 5:00pm - 7:00pm PST *Location: 1605 Manitoba St in Olympic Village To join:
