One of our popular resource guides, Buying Local: Tools for Forward-Thinking Institutions, details specific policies and practices for economic development through local purchasing.
Earlier this year, we released a study detailing the economic impact of local purchasing – the first study of its kind in Canada. Using office supply procurement in B.C. as an example, the study measured a 77%-100% economic advantage for B.C. from buying local, and an 80%-100% increase in jobs per million dollars spent. That study, The Power of Purchasing showed the value that local companies have to the economy through the lens of office supplies. Now Buying Local provides some tools for institutions to harness that benefit and become economic change agents.