On Tuesday Nov 13, a bylaw was passed that cleared the way for an intermunicipal business licence to be obtained by small businesses in the tri-city area (Coquitlam, PoCo, and PoMo). This licence is a great way to support local businesses, granting small businesses to operate within all three tricites under only a single operating permit. This will obviously help family businesses to expand with less cost, and better service the population. Many people in the tricities, myself included, are familiar with the entire area, and consistently intertravel between them to shop at specialized stores ie Typhoon Tayler’s Sports, etc. By reducing the barriers to expand, it is predicted that 10% of currently single-permit owning businesses will upgrade to the IBC, therefore making access to their stores more convenient. Looking forward to the streets being less congested and the community runnning that much smoother, I believe this is a step in the right direction, with little drawbacks and clear benefits to many.
Reference: The Now, Friday Nov. 16th, 2012 Edition