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g Louis Vuitton bags, Omega watches, and Lanc cosmetics. Or they buy stylish yet goodvalue clothes at Uniqlo and Zara. They are not buying middleclass, humdrum clothes. On several recent visits to Marks and Spencer, my firm found most shoppers to be foreigners or Chinese women in their 50s and 60s. Chinese companies like automaker BYD and clean technology company LDK Solar (LDK) have improved their product quality and are plowing lots of money into research and development. The Chinese are spending $9 billion a month on R in clean tech, according to data compiled by CMRG. (About $30 billion came from the $586 billion stimulus program. and Europe, the majority say more innovation is taking place in China in the cleantechnology sector than anywhere else. From telecom equipment manufacturer Huawei to to Nasdaqlisted solar panel maker Solarfun (SOLF), Chinese companies are starting to compete at the top end, too. The alltoocommon assertion that jimmy choo shoes Chinese companies cannot brand or innovate is

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I Shop Oakville!

What is the number one thing we value most about our community? Fortunately, there is no one thing. Many of us enjoy an outstanding quality of life — we live, work and play here in Oakville. We know instinctively the value of our community and all it has to offer economically, culturally, recreationally and socially.

Building a vibrant, healthy, livable and sustainable community means supporting and growing our local economy. As supporting partners, the Oakville Chamber of Commerce, the Town of Oakville, the Bronte BIA, Downtown BIA and Kerr Village BIA encourage you to shop locally.

There are many benefits to shopping locally:

1) Keeping the dollars in our local economy. For every local product or service you purchase, a chain-reaction is created. Tax revenue is used to fund the local infrastructure including education, emergency services, community and school events, as well as, local charities;

2) Jobs. Jobs. Jobs. Local business means local jobs and less commuting. Wages paid to local employees are circulated within the community;

3) Less wear and tear on you and the environment. Shopping locally means that your travel expenses are reduced and it lessens your impact on our natural environment;

4 ) Diverse product and service options.  Offering a healthy dose of competition among businesses allows the economy to grow and thrive. Healthy competition keeps prices and product quality in check — an advantage ultimately passed on to the consumer;

5) Protect our unique character. Shopping locally means that local businesses reflect and respond to the needs of local consumers. Decision-making about product offerings and services will be based on the local, unique needs of our community.  

A strong local economy will help attract new businesses, bringing their variety of products and services with a focus on the needs of our community. In order for us to plan the future we want as a community, we need to support businesses which support us, reflecting the values we hold as a community.

We are not advocating to shop Oakville only but rather to shop Oakville first. We encourage you to shop for the best product or service -  period. We encourage you to seek out your best option – but there is a good chance you will find it here in Oakville.


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