Small business owners in Toronto see benefits in G20 summit

print thisprint   Bookmark and Share   RSS 2.0 feed

Small businesses look ahead to G20 in Toronto

When world leaders gather in the city of Toronto for the G20 conference, it may be small business owners with the most to gain.

The National Post reports that small businesses are looking forward to the positive economic impact that the estimated 20,000 delegates and 3,000 journalists will have on their bottom lines. Business owners like Al Carbone, owner of Kit Kat Italian Bar & Grill, will benefit from the extended stays of many who come to town.

"I think it's going to be as busy as our busiest conventions," said Carbone in an interview with the National Post. "Some people will be coming a week early and there will be security people all over the place. Even protesters have to eat."

While the streets will be filled with thousands of visitors from all over the world, many businesses will be conducting their operations in the same way as always. Even restaurants like Alice Fazooli's, which is located in the center of town - where the disturbances will be heaviest - is still planning to conduct business "business as usual," the news source reports.

The G20, according to the organization's website, was founded in 1999 with the goal of bringing together both advanced and developing economies. Each year the group holds a Finance Ministers and Central Bank Governors' Meeting, which has often been overshadowed by protests and violence.




 

about NEBS

NEBS has been helping Canadian small businesses start, manage and grow since 1976. Over 200,000 small business customers have chosen NEBS for our expertise in providing a comprehensive range of personalized business solutions, including: