The President of the Guelph Chamber of Commerce says its time for Guelph to start thinking about the “sharing economy”.
Kithio Mwanzia calls it the economy of the future, and says now its time for the city to develop a regulatory framework that allows for it.
He says the sharing economy includes “peer-to-peer” networks, and co-ops.
He singles out companies like parking spot sharing app Rover and construction equipment sharing app Dozer. Of course, that also includes Uber and Air BnB.
He says the unique thing about a sharing economy is that a lot of the regulatory decision making is done at the local level.
the guelph chamber held a forum to discuss this economic model that is estimated to have a global value of 100 billion dollar