The recent years has made it tough for local businesses new and old. “A report by the Business Council of Alberta last month indicated that one in four Alberta CEOs are not sure their business will survive the crisis.” One of the main reasons is Canadians aren’t spending money like they used to due to the pandemic and economic uncertanty. With the prevelance of online shopping and having everything from toilet paper to cat food delivered to your door, local businesses have struggled to thrive like they should.
But with more and more of the world opening up and getting “back to normal” local shops are beginning to open up and get back on track. Here is a great article from Alberta Credit Union outlining 5 reasons shopping local makes such a big impact on our economy.