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Co-ops in the News
The following is a collection of articles reporting on co-operatives found in online newspapers and magazines in Canada and around the world.
Credit union merger to create powerhouse
It was, at times, a rocky road to the altar. Now the impending union is being cautiously celebrated as the critical first step toward creating a national financial co-operative that could up the ante on big banks.
Years in the making and temporarily thwarted by the commercial-paper crisis, the long-awaited merger between Credit Union Central of Ontario Ltd. and Credit Union Central of British Columbia is finally set to close July 1.
Organic growers bringing produce to the people
KITCHENER
The strawberries are ripe, the tomatoes are plump and the lettuce is crisp.
All they need now are buyers.
A new co-operative of Waterloo, Perth and Wellington county organic farmers are hoping to gather a critical mass of residents who want to eat locally grown, pesticide and fertilizer-free foods on a weekly basis.
Co-ops performing well in suspect economy
TRURO - Nova Scotia's co-op businesses are reporting significant growth at a time when the economy is suspected to be slowing down.
Speaking at the 59th annual meeting for the Nova Scotia Co-operative council in Truro, council CEO Dianne Kelderman announced a business growth of 5.6 per cent. This equates to an increase of $80 million since this time last year.
Kelderman attributed the growth to a number of factors and initiatives, which have been implemented over the last few years.
French-fry grease to liquid gold
VANCOUVER -- What was once considered trash has become treasure for B.C. restaurateurs.
Until recently, vats of old cooking oil had to be hauled away - at a cost. But the detritus of a million French fries is now liquid gold, with companies competing to buy the leftover grease to convert it into biodiesel, an environmentally friendly fuel. Unlike other biofuels, this biodiesel is not affecting the food chain because it is recycled.
Subprime crisis a failure of values
THE WORD "values" has been thrown around a lot in business circles over the past few years. Everyone talks about them. Everyone has them written down. I was beginning to think they were just words in a corporate annual report. But values have meaning, and the recent subprime mortgage crisis has taught us that.
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