Month: December 2024

I want to dive into a topic that’s been on my mind a lot lately: the future of Canadian startups, especially here on the west coast. It’s no secret that this part of the country is a hub for innovation, but what’s next? What does the future hold for the startups that are shaping industries and redefining what’s possible?

Let’s start with why the west coast is such fertile ground for startups. First, there’s the environment—both literally and figuratively. Vancouver, Victoria, and even smaller cities like Kelowna are magnets for talent. People want to live here. The quality of life, the natural beauty, the proximity to big markets like Seattle and Silicon Valley—it’s the perfect mix. And that’s a huge advantage when you’re trying to attract top talent.

But beyond that, there’s this mindset here that really stands out. It’s collaborative, forward-thinking, and very much tied to sustainability and social impact. West coast startups aren’t just building products—they’re building movements. Whether it’s cleantech, biotech, or software, there’s often this undercurrent of wanting to make the world better. That’s a trend I don’t see going away anytime soon.

Now, let’s talk about what’s driving the future. One of the biggest forces shaping Canadian startups is the tech talent pipeline. The west coast is home to some incredible universities—UBC, UVic, Simon Fraser—and they’re churning out brilliant minds in engineering, computer science, and business. What’s exciting is how these schools are working more closely with the startup ecosystem. You’ve got accelerators, mentorship programs, and partnerships with big tech companies. It’s creating this constant flow of fresh ideas and new energy.

Funding, of course, is another big piece of the puzzle. Historically, Canadian startups have struggled a bit to secure the same level of funding as their U.S. counterparts. But that’s changing. There’s been a noticeable uptick in venture capital flowing into the west coast. And it’s not just from Canadian investors—global players are paying attention. They’re seeing the talent, the innovation, and the potential for growth here, and they want in. That access to funding is going to be crucial for startups looking to scale.

Another trend I’m watching is the rise of niche industries. The west coast is uniquely positioned to lead in areas like cleantech, agritech, and ocean-based industries. With global attention on climate change, startups that can offer solutions—whether it’s carbon capture, sustainable farming, or renewable energy—are going to thrive. And let’s not forget about health tech. The pandemic really highlighted how much innovation is needed in healthcare, and I think we’re going to see some game-changing companies come out of this region.

But it’s not all smooth sailing. There are challenges, too. The cost of living is a big one. Vancouver, in particular, is one of the most expensive cities in the world. That can make it tough for startups to attract talent—especially when bigger companies can offer higher salaries. It’s going to require creative solutions, like offering remote work options or equity that’s truly meaningful.

There’s also the question of diversity. While we’re making progress, the startup world—here and elsewhere—still has work to do when it comes to representation. But here’s the thing: the west coast has this incredible opportunity to lead by example. By prioritizing inclusion, startups here can build stronger teams and create products that serve a wider range of people.

So, what does the future hold? I think it’s bright. The west coast has everything it needs to continue being a startup powerhouse: talent, funding, collaboration, and a drive to innovate. But what’s going to set the next wave of startups apart is their ability to think long-term. It’s not just about scaling fast; it’s about building something that lasts—something that can weather economic shifts, adapt to new technologies, and meet the challenges of a changing world.

And honestly, that’s what excites me the most. The startups coming out of this region aren’t just chasing trends—they’re setting them. They’re proving that you don’t have to sacrifice values to succeed. In fact, those values might be your biggest competitive advantage.

So if you’re an entrepreneur, or you’re thinking about starting something, now’s the time. The resources are here, the support is here, and the future is wide open. The west coast is just getting started.

I want to talk about something close to my heart: why it’s so important to support local businesses. I know it’s easy to head to the big box stores or click that “Add to Cart” button from a major online retailer. But choosing local? It’s a game changer—not just for the business owners, but for the community as a whole. So let’s break it down. I’ll share ten reasons why supporting local businesses really matters.

First off, shopping local keeps money in your community. When you spend at a locally-owned business, more of your money stays in the area. It supports things like local jobs, schools, and infrastructure. That’s because local businesses are more likely to source goods and services from nearby suppliers. It’s called the “local multiplier effect,” and it’s a real boost to the local economy.

Second, it’s about creating jobs. Small businesses are major employers. Across Canada, they account for nearly 70% of private sector jobs. Whether it’s a neighborhood café, a bike shop, or a family-run accounting firm, these places create work opportunities for people in your area. When they succeed, we all win.

The third reason? You’re getting unique, high-quality products. Local businesses often carry items you won’t find anywhere else. Whether it’s handmade jewelry, artisanal foods, or custom furniture, these are products with a story. They’re crafted with care, and that quality shines through.

Reason four: supporting local fosters entrepreneurship. These businesses are started by people chasing their dreams, taking risks, and building something meaningful. When you support them, you’re encouraging innovation and creativity in your own backyard.

Number five—it strengthens community ties. Local businesses are often the heart of the neighborhood. They sponsor sports teams, donate to school fundraisers, and host events that bring people together. They’re not just businesses; they’re part of the fabric of the community.

Reason six is a big one for the environment. Shopping local reduces your carbon footprint. Goods don’t have to travel as far to get to you, and many small businesses are more conscious about sourcing sustainably. It’s a win for the planet.

The seventh reason? Better customer service. Local business owners care about their customers because they’re not just customers—they’re neighbors. You’re more likely to get personalized attention and a willingness to go above and beyond.

Reason eight: supporting local keeps your community unique. The west coast is filled with character—whether it’s quirky shops in Victoria, farmers’ markets in Vancouver, or seafood shacks in Tofino. Local businesses are what give our towns and cities their personality.

Ninth, it promotes economic resilience. A diverse mix of businesses makes a community more stable. It’s like investing in a portfolio—when one industry struggles, others help balance things out.

And finally, number ten: it feels good. Knowing that your dollars are making a tangible difference in someone’s life is incredibly rewarding. You’re not just buying a product or service—you’re helping a local family, a dream, a community.

If you want to learn more about the impact of shopping local, there’s a fantastic article from the Canadian Federation of Independent Business. Check it out here.

So, next time you need something, pause for a second. Ask yourself if a local business can meet that need. It might take a little more effort, but the payoff for you—and your community—is worth it.

Today, I want to share some stories that’ll make you feel proud, inspired, and maybe a little bit in awe of what’s possible. We’re diving into some of the most inspiring stories from west coast business owners. These aren’t just tales of success—they’re about grit, creativity, and the kind of determination that makes the west coast such a special place for entrepreneurs.

Let’s kick things off in Vancouver. You might’ve heard of Peace by Chocolate, right? They’ve gotten some national attention, but the story behind the company is what really sticks with you. The founder, Tareq Hadhad, and his family came to Canada as refugees from Syria. Back home, they had a thriving chocolate business, but they lost everything in the war. When they arrived in Canada, they started again from scratch—literally making chocolate out of their kitchen. Fast-forward a few years, and they’re not just rebuilding their lives; they’re employing locals, giving back to the community, and sharing a message of peace through their products. It’s incredible to see how they turned their hardship into something so meaningful.

Moving down the coast, let me tell you about a small-town success story from Port Alberni. There’s a brewery there called Twin City Brewing, and it’s become this unexpected hotspot for craft beer lovers. What’s inspiring isn’t just the beer—though, trust me, it’s good—it’s how they’ve revitalized the community. When they opened, Port Alberni was struggling a bit, like a lot of smaller towns that depend on resource industries. But this brewery became a gathering place. They host events, partner with local food producers, and they’ve brought this sense of pride back to the town. It’s proof that even a small business can have a huge impact.

Let’s shift gears for a second. How about a story that’s a bit more unconventional? There’s a woman named Sophia who runs a kayak tour company out of Tofino. She started it on a whim after deciding she wanted to live closer to the water. She had no formal business experience, no marketing budget, nothing. But what she did have was a deep love for the ocean and a knack for connecting with people. Over the years, her tours have become legendary—not because they’re the most polished, but because they’re so personal. People come back year after year, not just for the kayaking but to hear her stories and share in her passion. And here’s the kicker: she’s now using her business to fund ocean conservation projects. It’s this beautiful cycle where her work inspires others, and they, in turn, help her protect what she loves.

Now, I can’t talk about inspiring west coast businesses without mentioning Indigenous entrepreneurs. There’s this incredible wave of Indigenous-owned businesses redefining what entrepreneurship looks like. One that stands out is Cheekbone Beauty, founded by Jenn Harper. She’s based in Ontario now, but her brand is deeply connected to her roots and the west coast’s spirit of innovation. Jenn has built her company around sustainability and representation. Her products are eco-friendly, and a portion of the profits go toward supporting Indigenous youth. What really sticks with me is her transparency—she shares her wins and her struggles, and that honesty has built this incredible community around her brand.

Closer to home, I want to mention Skwachàys Lodge in Vancouver. It’s an Indigenous-owned boutique hotel and gallery that’s not just a place to stay but a cultural experience. What’s inspiring here is how they’re creating opportunities for Indigenous artists. Each room is designed by a local artist, and a portion of the profits goes back into programs supporting the community. It’s not just a business; it’s a platform for preserving and sharing culture, which is so important.

Let’s circle back to the idea of resilience. I heard about this bakery in Victoria—La Roux Patisserie—that almost didn’t make it through the pandemic. Like a lot of small businesses, they were hit hard by closures and restrictions. But instead of shutting down, they leaned into what made them unique. They started offering baking classes online, they created these beautifully curated gift boxes, and they built a loyal following through social media. Now, they’re busier than ever, and they’ve come out of the pandemic stronger. It’s such a testament to adapting when things get tough.

One more story before we wrap up—this one’s from a little further south, in Bellingham. There’s a bookstore there called Village Books, and it’s been a fixture in the community for decades. The owners, Chuck and Dee Robinson, built it with the idea that a bookstore could be more than just a place to buy books. They host author readings, book clubs, and even fundraisers for local causes. When they retired, they didn’t sell the store to the highest bidder—they passed it on to their employees. It’s now employee-owned, and the legacy they created is being carried on by people who care just as much as they did. It’s such a powerful example of putting community first.

Alright, so what’s the takeaway from all this? I think it’s that the best businesses don’t just chase profits—they build something that lasts, something that matters. Whether it’s creating jobs, giving back, or inspiring others, these stories show how much impact one person—or one team—can have. So, if you’re out there building something, keep at it. You never know whose life you might change along the way.

I want to dive into something that’s shaping a lot of conversations in the business world lately—sustainability. Specifically, how local businesses along the west coast are embracing sustainability in ways that are practical, impactful, and sometimes even surprising. It’s not just about planting trees or swapping out plastic straws anymore; it’s about rethinking operations, making bold commitments, and redefining what success looks like.

So, let’s set the scene. The west coast has always had this reputation for being progressive and environmentally conscious, right? It’s woven into the culture, especially here in Canada. But what’s interesting is how businesses—big and small—are stepping up to the plate and turning sustainability into a real competitive advantage. And what’s cool is that these aren’t just feel-good moves; they’re smart business decisions.

Take Vancouver, for example. You’ve got companies like Salt Spring Coffee. They were one of the first Canadian coffee roasters to be carbon neutral, and they’re not stopping there. They’re looking at their entire supply chain—how coffee is grown, transported, roasted, and even brewed. It’s this holistic approach that sets them apart. And yeah, it costs more upfront, but they’ve built this insanely loyal customer base who values those efforts. It’s proof that sustainability can pay off when it’s authentic and not just a marketing gimmick.

Speaking of authenticity, let’s talk about another business I think is nailing it. Over on Vancouver Island, there’s a company called Cascadia Seaweed. They’re farming seaweed, but not just for food. They’re looking at how seaweed can be used in everything from bioplastics to animal feed to—you’re gonna love this—carbon sequestration. Seaweed pulls CO2 out of the atmosphere as it grows. So, not only is it renewable and fast-growing, but it’s actively helping combat climate change. And this isn’t just a niche operation—they’re scaling up fast because industries everywhere are waking up to the potential here.

Now, I know some of you might be thinking, “Okay, but what about industries that don’t seem very sustainable by nature?” And that’s a fair point. I mean, what does sustainability even look like in sectors like construction or manufacturing? Well, take a look at what’s happening in the lumber industry. British Columbia, of course, has a long history of logging, but now companies are rethinking how they harvest and process wood. There’s this push toward mass timber construction, which uses engineered wood products that are not only more sustainable but also faster to build with and cheaper in the long run. You’re seeing more developers choosing mass timber for offices, apartments, even schools. It’s turning an industry that’s been seen as part of the problem into one that could be part of the solution.

And it’s not just the big industries making waves. Small businesses are getting creative, too. I want to highlight one of my favorite examples—a little bakery in Tofino called Common Loaf Bake Shop. They’ve started working directly with local farms to source ingredients, and they’re composting almost all of their food waste. They’ve even partnered with a company that turns their leftover coffee grounds into mushroom-growing kits. It’s such a great example of thinking locally and finding ways to close the loop on waste.

Here’s the thing, though. This isn’t just about doing what’s “right” for the environment. It’s also about future-proofing. More consumers are making choices based on their values, and they’re willing to spend more on products and services that align with those values. And let’s not forget investors—they’re looking for companies that can prove they’re resilient, and sustainability is a big part of that equation.

One other thing I want to touch on is collaboration. We’re seeing businesses, governments, and nonprofits teaming up in ways that didn’t happen a decade ago. In places like Victoria and Seattle, there are these incredible networks where businesses share resources and ideas to tackle sustainability challenges together. Whether it’s joint purchasing agreements to make renewable energy more affordable or workshops on reducing waste, it’s this collective approach that’s driving progress faster than any single company could manage alone.

That brings me to a point that’s really important—none of this happens in a vacuum. Sustainability isn’t just something you slap onto a business plan. It’s a mindset shift. It requires looking at every part of your operation and asking tough questions: Where are we wasting energy? How can we reduce our footprint? What kind of partnerships would make us stronger? And yeah, sometimes the answers aren’t easy or cheap, but the payoff goes beyond just dollars and cents. It’s about building trust and creating a legacy.

So, if you’re a business owner or thinking about starting one, here’s my takeaway: Start small. You don’t need to be perfect out of the gate. Switch to a local supplier. Cut down on packaging. Look at your energy use. And most importantly, talk about what you’re doing. Be transparent. Customers can smell greenwashing from a mile away, but they’ll rally behind you if they see you’re genuinely trying.