NEWS RELEASE: Shuswap Economic Development Society continues to serve the rural Shuswap into the future... Read More
Global supply chains are facing challenges they haven’t seen in years. One of the biggest disruptors has been the rising use of tariffs that can quickly increase costs for businesses and consumers alike. While these impacts are felt worldwide, they hit smaller communities like the Shuswap in unique ways. Rural businesses often have fewer resources to pivot quickly when import costs rise or delivery times stretch. And yet, this is exactly where our community has the power to make a difference by sourcing more of what we need from right here in the Shuswap.
Every dollar spent locally works harder than one sent out of town. When a local farmer, manufacturer, or service provider earns your business, they pay wages to local employees, shop at other area businesses, and reinvest in the community. Economists call this the “local multiplier effect,” and its benefits are significant because money spent here continues to circulate within our communities.
In contrast, purchases from distant suppliers often see most of the money leave the community immediately and when global trade faces turbulence that distance adds risk. When local suppliers are used, they can offer shorter delivery times, more consistent availability, and the personal connections that keep supply chains moving when bigger systems slow down.
Tariffs and other trade disruptions can also drive innovation in our community. Businesses that once relied heavily on imported materials may look to regional producers for alternatives. Likewise, supporting local manufacturing and craftsmanship strengthens our economic base, making us less dependent on outside forces we can’t control.
The Shuswap is well positioned for this. Our region has thriving agriculture, skilled tradespeople, and a growing network of small manufacturers. Choosing locally grown produce, hiring area contractors, or partnering with nearby suppliers doesn’t just help individual businesses, it diversifies and stabilizes our economy as a whole.
Supporting the local economy doesn’t always require major changes. Here are some ways individuals and businesses can make a difference:
In times of uncertainty, strong relationships are the glue that holds a local economy together. When you know your supplier personally, you can discuss challenges, negotiate solutions, and adapt together. That trust and flexibility are hard to replicate in transactions that happen thousands of kilometres away.
By choosing to invest in those relationships, we also invest in the stability and self-reliance of the Shuswap.
Global forces may be beyond our control, but how we respond locally is entirely in our hands. By thinking “local first,” we can keep more money in the community, create jobs, and ensure that our economy is better equipped to handle whatever changes lie ahead.
The Shuswap Economic Development Society encourages everyone—residents, businesses, and institutions—to take that next step toward local sourcing. Every purchase is a choice, and every choice has an impact.
In the face of global uncertainty, our greatest strength lies right here in our backyard. Let’s make the most of it.
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