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November 24, 2008 ( PowerHomeBiz ) -
Toronto, Canada --
The Local First movement, steadily gaining popularity in communities across
North America, aims to give a much-needed boost to our local independent
retailers and producers this holiday season.
(news continued below)
Research on the benefits of Local First campaigns shows that they
effectively increase market share for independent business. Across Canada
and the US last year, many local store owners saw unusual and very welcome
sales gains at Christmas as a result of joining with other independent
business owners in their region to celebrate the benefits of thinking Local
First.
"Some people think that local just means location, like the big box down
the street," says Chris Lowry, director of a local, sustainable business
network called Green Enterprise Toronto (GET). "But local is really all
about local ownership that helps to keep regional economies strong."
"We encourage Toronto residents to support their local BIAs by shopping
locally. By supporting our main streets, we maintain strong & viable
communities. says John Kiru, Executive Director of TABIA, the Toronto
Association of Business Improvement Areas. TABIA consists of 68 Business
Improvement Areas (BIAs) representing more that 27,000 business and property
owners.
"The Local First movement is catching on like wildfire in communities
across North America, and now we are introducing it to Toronto consumers and
retailers," explains Lowry. "More and more people understand that supporting
independent businesses is essentially voting with your dollars for a healthy
local economy."
Why? Independent businesses are more accountable to customers and the
community, ensure the unique character of a neighbourhood, are more likely
to support local charities and have greater direct control over the
environmental impact of their businesses.
Supporting independent businesses creates local jobs, preserves economic
diversity, safeguards the environment and contributes to a just global
economy. "We are hearing a lot about the benefits of shopping for local food
and local wines," says Lowry. "Many of us don't realize that the purchase of
a VQA Ontario wine puts as much as 4 to 6 times more money back into the
local economy of southern Ontario than an imported wine. That's astonishing
information about consumer power. Now, the same economic multiplier effect
also applies to the price of a locally-made Ninutik maple candy, a local jar
of Kozlik's mustard, a locally made toy, or soap bar, local furniture, local
clothing designs, a local Ecojot notebook, all kinds of excellent goods that
are actually made here in the Toronto region. Essentially, you vote with
your dollars to support your own local jobs and public services when you buy
local first."
Locally produced goods and services mean less transportation. The less
burning of fuel to get what you need, the better.
Money spent at locally-owned independent businesses goes around longer in
the local economy. As local business people pay for all kinds of local
services, spend their profits and pay taxes locally, local businesses yield
two to four times the economic benefit to you, the local resident, as
comparable non-local businesses. This means more local income, wealth, and
jobs.
Big box stores are steamrolling their way into cities and towns
throughout Canada, pushing down wages and forcing small, local businesses to
close because they can't compete with these mega- companies' predatory
practices. But there's something that every consumer can do. During the week
of December 1 to 7, shoppers can vote with their dollars in favor of
locally-owned, independent businesses.
A study in Chicago's Andersonville neighborhood found that local
businesses re-circulate 70% more money locally than chain stores do, per
square foot occupied. The San Francisco Retail Diversity Study found that a
slight shift in consumer purchasing behavior - diverting just 10% of
purchases from national chain stores to locally-owned businesses - would,
each year, create 1,300 new jobs in the city and yield nearly $200 million
in incremental economic activity.
Green Enterprise Toronto is a local network of The Business Alliance for
Local Living Economies, or BALLE, with local business networks in 65
communities in the US and Canada. BALLE, advances a new approach to
sustainable community economic development based on increasing local
ownership of community assets such as sustainable agriculture, renewable
energy, green building, zero-waste manufacturing, and independent retail,
building what it calls "living economies."
"There is now overwhelming evidence that local businesses are the key to
pumping up local income, wealth, jobs, and taxes," says Michael Shuman, an
economist who works closely with BALLE. "The more residents, businesses, and
city officials support locally owned businesses, the greater the economic
rewards."
About TABIA:
TABIA is a non-profit umbrella organization representing the City of
Toronto's 68 Business Improvement Areas, who in turn represent more than
27,000 business and property owners. The organization's objectives include
exchanging information among BIAs, encouraging joint initiatives and
mutually beneficial projects and assisting in pooling resources to achieve
the maximum benefit feasible.
www.toronto-bia.com
About Green Enterprise Toronto:
GET is a membership-based, not-for-profit organization. With its online
directory, networking events and seminars, GET helps locally-owned
businesses to thrive by being part of the 'green' solution. GET encourages
consumers and businesses to buy goods and services based on their shared
commitment to strong communities, a healthy environment, providing
meaningful employment, buying local first and fair trade. GET is one of 65
independent local networks of BALLE, the international Business Alliance for
Local Living Economies.
www.greenenterprise.net
About NaberNet:
NaberNet is a website technology company specializing in the needs of
community and member-based organizations, notably BIAs. It operates
community-based websites including MyStClair.com, OnVaughan.com and
MarkhamOnline.com. The company supports locally-owned businesses and has
developed the 'Do It Smart - Do It Local' initiative (doitsmart-doitlocal.com),
and is working with GET and TABIA to promote Buy Local Week.
www.nabernet.com
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