Why Shop Local?
Support Local Businesses
By choosing to buy from a small business in your local community you help a little girl get dance lessons, a little boy get his team jersey, a mom put food on the table, or a student pay for college. When you choose to shop in your community at local, independent businesses you are directly contributing to help keep your city vibrant and unique.
It builds community!
Local businesses enhance our community, connect and support us socially, and circulates dollars many times between businesses. Spending with a local business has ripple effects that contribute to the growth and health of the communities in our province.
Shop Local Port Moody is working to get the word out about these benefits and help keep shopping locally top of mind for those in our community.
It strengthens the local Port Moody Economy
Did you know that BC local businesses create more than double the economic impact of their chain competitors.
For every $100 spent with a BC local business, $46 is re-circulated back into our BC economy (vs $18 for multinationals). They re-circulate 2.6 times more revenue in the local economy as chains:
- Local retailers re-circulate 45% compared to 17% for chains
- Local restaurants re-circulate 65% compared to 30% for chains
- Local suppliers (ex. office supplies) re-circulate 33% compared to 19% for chains
This is because locally owned businesses circulate more dollars in the community compared to multinational organizations. How? Local businesses:
- Have owners who live and provide jobs in your community
- Provide more support for local events, sports teams and charities
- Are more likely to buy local services and stock local products
So what does that mean for Port Moody?
That your local retailers will shop 45 % more at other small businesses compared to the 17% that chains do. For restaurants that means that 65% of their resources are local, compared to the 30% from chains.
These merchants live and provide jobs in your community and provide more support for local events, sports teams and charities. They are more likely to buy local services and stock local products, Shopping local strengthens Port Moody’s economy!