Shop-Local Case Study:TBayTel
Tbaytel was one of our September case studies for the Shop Local Money-Back Guarantee. We really liked this example because the numbers are just plain BIG.
Our local resource-based and manufacturing industries have historically been looked at as the major sources of employment in the area, but companies like TBayTel challenge that assumption. And although you can’t single-handedly change the world to create demand for pulp and paper or train cars, you can definitely #ChooseTBayFirst when you’re making buying decisions about phone and mobile service, TV, internet and all the awesome toys that go with.
#ChooseTBayFirst by shopping with a TBay business like Tbaytel, and your dollars come back to you through…
- Taxes paid by their 430 employees who own or rent homes, drive or bus to work, and who themselves support local businesses.
- $542,000 in support to local charities and organizations that provide services that make our community a better place to live.
- Dollars invested in other local businesses and back into the economy.
- Improvements in TBayTel’s infrastructure that extend cell and internet service and bring new technology into the community.
- A $17.25 MILLION DOLLAR dividend paid to the City of Thunder Bay. Yep, you read that right. Seventeen million. Divided by all the taxpaying households in Thunder Bay, that’s over $350 a year in taxes that the average family doesn’t have to pay because of a TBay business.
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Here are the details currently available on the federal emergency wage subsidy: – 75% of annual earnings up to $58,700 or $847 per week – Available to businesses, NFPs & charities that have lost 30% or more in revenues compared to same month in 2019
The City of Thunder Bay approved a number of new measures to assist businesses during this pandemic
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