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Kelowna Farmersº¬Ðß²ÝÑо¿Éç™ and Craftersº¬Ðß²ÝÑо¿Éç™ Market cream of the crop according to study

The summer market had a nearly $16 million impact on the local economy in 2023

The summer Kelowna Farmersº¬Ðß²ÝÑо¿Éç™ and Craftersº¬Ðß²ÝÑо¿Éç™ Market (KFCM), one of the third largest in B.C., delivered a nearly $16 million economic impact to the community in 2023.

That is the finding in a study of 70 markets conducted by the BC Association of Farmersº¬Ðß²ÝÑо¿Éç™ Markets (BCAFM) and University of Northern British Columbia (UNBC).

Direct sales totalled $10.53 million and the market had a $15.79 million overall impact on the local economy. The study also revealed that the downtown version of the market, at Kerry Park, had a $2.33 million overall economic impact.

The winter market at Parkinson Recreation Centre was not included.

BCAFM executive director, Heather Oº¬Ðß²ÝÑо¿Éç™Hara, says the study demonstrates the importance and value of farmersº¬Ðß²ÝÑо¿Éç™ markets and their social and community impact.

º¬Ðß²ÝÑо¿ÉçœTheyº¬Ðß²ÝÑо¿Éç™re a place to meet with your neighbours and get the community vibe. A gathering place, and a community hub with social capital.º¬Ðß²ÝÑо¿Éç

The study shows 85 per cent of people who shopped and visited the summer Kelowna market last year were local, and 15 per cent were tourists and day-trippers. On average shoppers spent $59.46 per visit to this market (provincial avg. $42.50), and 51 per cent of survey respondents said they visited either market regularly. Oº¬Ðß²ÝÑо¿Éç™Hara says thatº¬Ðß²ÝÑо¿Éç™s a win-win for the markets and surrounding businesses.

º¬Ðß²ÝÑо¿ÉçœYouº¬Ðß²ÝÑо¿Éç™re bringing people into the community where they might be staying over, they are shopping at adjacent businesses as are locals.º¬Ðß²ÝÑо¿Éç

The study showed that approximately $8.2 million was spent at neighbouring businesses during the summer market in 2023.

That market has been a fixture at Dilworth Drive and Springfield Road for the past 25 years, but now has a new home in Landmark District. It opens on April 6. Oº¬Ðß²ÝÑо¿Éç™Hara says that is a testament to stakeholders and the community.

º¬Ðß²ÝÑо¿ÉçœThey have figured out a solution to an important community asset.º¬Ðß²ÝÑо¿Éç

READ MORE: Kelowna Farmersº¬Ðß²ÝÑо¿Éç™ and Craftersº¬Ðß²ÝÑо¿Éç™ Market relocating after 25 years

Across the Thompson-Okanagan, the 27 BCAFM member markets had a $50 million economic impact on the region, with Kelowna contributing $15 million of that total, according to Oº¬Ðß²ÝÑо¿Éç™Hara.

º¬Ðß²ÝÑо¿ÉçœMost businesses and government decision-makers understand that farmersº¬Ðß²ÝÑо¿Éç™ markets in their area are a big win.º¬Ðß²ÝÑо¿Éç

Provincially, farmersº¬Ðß²ÝÑо¿Éç™ markets contributed a $233 million overall impact to the B.C. economy last year.

The 2023 study builds on previous reports conducted in 2006 and 2012. Oº¬Ðß²ÝÑо¿Éç™Hara says the BCAFM is seeing more and larger markets, and increased economic impact.

º¬Ðß²ÝÑо¿ÉçœThatº¬Ðß²ÝÑо¿Éç™s a lovely trend. People care about their local food security, supporting local farmers, and where their food comes from.º¬Ðß²ÝÑо¿Éç

She encourages cities and towns across the province to create and support farmersº¬Ðß²ÝÑо¿Éç™ markets in their communities.

º¬Ðß²ÝÑо¿ÉçœTake care of your food lands, take care of your farmers by shopping and supporting local because that is a long-term, sustainable view.º¬Ðß²ÝÑо¿Éç

The full study is available on the .

READ MORE: Kelowna farmer fears climate change will prune agriculture from family tree



Gary Barnes

About the Author: Gary Barnes

Journalist and broadcaster for three decades.
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