Breaking News - Tariff Support - The Chamber is your source for Tariff Updates. Check out our page for the latest Tariff Resources, SUpport & Events
Peterborough + Kawarthas Chamber of Commerce
  • About Us
    • About Us
    • Contact Us
    • Board of Directors
    • Staff Directory
    • Careers
  • Events
    • Calendar
    • Host a Chamber Event
    • Monthly >
      • The Business Exchange (TBX)
      • ChamberAM
      • Not-for-Profit Group (NFP)
    • Annual >
      • Luminary Awards
      • Seniors Showcase
      • PK Excellence
    • Campaigns and Connections >
      • Sales Lead Network
      • 26 Coffees
      • #lovelocalptbokawarthas campaign
    • 26 Coffees Program
  • Membership
    • Join Us
    • Benefits >
      • Chambers Plan
    • Profile and Sponsorships
    • Resources
    • Members Only
  • News
    • Voice of Business Podcast
    • Voice of Business
    • The Business Beat
    • Subscribe to e-Newsletter
  • Resource Hub
  • Directory
  • Advocacy
    • Policy Resolutions
    • Advocacy at Work
    • Advocacy Wins
    • Subscribe to e-Newsletter
  • Breaking News - Tariff Support
    • Updates
    • Resources
    • Support
    • Trade Analytics
  • About Us
    • About Us
    • Contact Us
    • Board of Directors
    • Staff Directory
    • Careers
  • Events
    • Calendar
    • Host a Chamber Event
    • Monthly >
      • The Business Exchange (TBX)
      • ChamberAM
      • Not-for-Profit Group (NFP)
    • Annual >
      • Luminary Awards
      • Seniors Showcase
      • PK Excellence
    • Campaigns and Connections >
      • Sales Lead Network
      • 26 Coffees
      • #lovelocalptbokawarthas campaign
    • 26 Coffees Program
  • Membership
    • Join Us
    • Benefits >
      • Chambers Plan
    • Profile and Sponsorships
    • Resources
    • Members Only
  • News
    • Voice of Business Podcast
    • Voice of Business
    • The Business Beat
    • Subscribe to e-Newsletter
  • Resource Hub
  • Directory
  • Advocacy
    • Policy Resolutions
    • Advocacy at Work
    • Advocacy Wins
    • Subscribe to e-Newsletter
  • Breaking News - Tariff Support
    • Updates
    • Resources
    • Support
    • Trade Analytics

Let's #LoveLocalPtbo this holiday season

11/27/2019

 
Picture
Are you ready for some holiday shopping?  (Sung to the tune of the Monday Night Football theme song.  Thanks, Hank Williams, Jr. …)

This week is the official unofficial kick off to the holiday retail frenzy.   

According to the Retail Council of Canada, in 2019 Canadians are estimating to spend about $790 on their holiday purchases, but in reality, will most likely spend over $820.  The same survey also showed that 85% of Canadians are interested in buying from a retailer within Canada this year.

So how can our local community benefit?  The Peterborough Chamber of Commerce recognizes local as being any business within our geographical boundaries of the City and County of Peterborough.  This includes locally-owned businesses as well as franchises that are in our local communities.  All businesses contribute to the tax base through their property taxes and contribute to the economy through employment
opportunities for local residents.  In fact, retail is the second highest industry for employment of local residents behind the health care industry according to Peterborough & the Kawarthas Economic Development.

Consumer information on how and where to spend your dollars is key. Research for a group out of British Columbia by a company called “Civic Economics” found that there is a sliding scale to dollars spent in community and that for every $100 spent at a locally-owned business $68 stayed in the community.  $100 spent at a franchise would see about $43 stay in the community. In both business models, donations to community causes, and payment of taxes and wages were the bulk of the dollars returned to the community.

Breaking it down further, locally-owned businesses tend to source local business support services such as marketing and accounting along with choosing more local suppliers.   

That said, the choices in today’s age simply don’t stop at in-store.  Online sales according to the Retail Council of Canada will make up about 28% of holiday shopping.  But online doesn’t necessarily mean only large and corporate.  It’s important to know that more and more of our local retailers have their products on their own e-commerce websites and/or platforms such as Amazon and Shopify. In essence, that online purchase has the potential to be a local buy.   

A scan of literature and articles on shopping local leads you to find a few common themes beyond the positive economic impact:
  1. You’re helping to build a more vibrant community
  2. You will most likely find unique gifts
  3. You will be helping local charities and not-for-profits in your community

For these reasons, and to highlight our members, the Peterborough Chamber built its own
#LoveLocalPtbo campaign several years ago under the motto of “Keep our town (Ptbo) in business by keeping your business in town (Ptbo).”   

For us the main message is, be informed.  Know what you are buying. Know where it’s made or grown. Then choose, but choose local if you can.
Black Friday Deals
Black Friday Video

Comments are closed.

    Author

    The Peterborough and the Kawarthas Chamber of Commerce acts as a catalyst to enhance business growth, opportunity, innovation, partnerships and a diverse business community. 

    Archives

    May 2025
    April 2025
    March 2025
    February 2025
    January 2025
    December 2024
    November 2024
    October 2024
    September 2024
    August 2024
    July 2024
    June 2024
    May 2024
    April 2024
    March 2024
    February 2024
    January 2024
    December 2023
    November 2023
    October 2023
    September 2023
    August 2023
    July 2023
    June 2023
    May 2023
    April 2023
    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    September 2015
    August 2015
    June 2015
    May 2015
    April 2015
    January 2015

    Categories

    All

    RSS Feed

Copyright Greater Peterborough Chamber of Commerce.  ​All rights reserved.
175 George Street North, Peterborough, ON, K9J 3G6
Phone: (705) 748-9771  |  (705) 743-2331  
Home    |    Calendar    |   Site Map   |    Privacy    |    Accessibility
Join the Chamber
Picture
MemberClicks