« Rise in interest rates expected in 2014 | Main | When it comes to finances, not all boomers are in the same boat »

July 05, 2021

It makes sense to buy local

It makes good sense to buy local food.

Not only are you getting fresh, great tasting products, but you are also supporting your local farmers and the economy.

I have to admit, it's hard to resist a roadside farmer's market with stands filled with juicy strawberries, peaches and cream corn, an assortment of fresh vegetables and even local cheese.

According to a new survey, Canadians are choosing to buy local because the food is fresh and tastes better, and it supports the local economy (97 per cent); it supports local farmers (96 per cent); it creates local jobs (93 per cent); it's better for the environment (88 per cent); it gives you the chance to purchase organic produce (76 per cent); and, it's cheaper (71 per cent).

It is amazing how you can tell the difference between store-bought produce and local farmer's produce.

Just smell the strawberries from a local farmer's market and compare with the store-bought package. The local farm strawberries are sweet and fragrant.

We often go strawberry picking at a local farm and the berries are far fresher and tastier than those packaged products imported from other countries.

David Rinneard, Director, Agriculture and Agribusiness, BMO Bank of Montreal, says, "We've seen from doing this study the last three years that Canadians are unwavering in their support for local farmers. An overwhelming majority have told us that they recognize the important contribution of agriculture producers to local economy and creating jobs.

"Canada's agriculture industry is a major driver in Canada's economy. We will continue to work with our clients in the sector to find new ways to increase productivity and remain globally competitive."

The agriculture and agri-food industry contributes $100 billion annually to Canada's GDP.

Canada is the fifth largest agricultural exporter in the world, and the industry employs approximately 2.1 million Canadians (that's one in eight jobs).

And what about maple syrup -- our Canadian stereotype? Well there might be a reason why people think that Canada and maple syrup go hand-in-hand when we produce 85 per cent of the world's maple syrup products.

And maybe you remember the great Canadian maple syrup heist last year in Quebec. Thieves made off with $18 million in maple syrup and later found themselves in a sticky situation.

Yes, our local products are in high demand.

Across the country, people are choosing local products that are unique to their area. For instance, those in British Columbia are purchasing fresh vegetables; Albertans are buying local beef; in Quebec, cheese; Ontarians are selecting wine from local wineries; and in the Atlantic Provinces they are choosing fresh fish catches.

The locovore movement is in full swing, especially in the summer months, where roadside farmer's markets are springing to life across the nation.

By Donna Donaldson, MSN Money

Do you buy local produce? What is it that appeals to you about locally grown products?



Post a comment


Gordon PowersGordon Powers

A long-time fund company executive, Gordon Powers now heads up the Affinity Group, a financial services consulting firm. Gordon was a personal finance columnist for the Globe & Mail for many years, has taught retirement planning...