Event Recording – Racial Equity in Co-ops: Where do we go from here?

BCCA and ACCA were honored to host co-operators across the country at last Thursday’s panel, entitled “Racial Equity in Co-ops: Where do we go from here?” – the first event in our online Co-op Innovation Series of 2021. Special thanks to Michelle Cooper-Iversen, Chief Operating Officer at CHFBC and BCCA Board member, for facilitating an … Continued

CMC Fundraising –  One Co-op, Every Co-op Fund

| Business, Community, Education, Government
One Co-op/Every Co-op Fundraising Campaign

The recent sale of Mountain Equipment Co-op without its members’ consent has exposed significant vulnerabilities related to federal and provincial legislation. The current acts clearly do not provide adequate protection of members’ rights or recognition of the co-operative difference. To wrap up Co-op Week 2020, Cooperatives and Mutuals Canada (CMC) held a National Town Hall … Continued

BC Election 2020

| Government

To raise the profile of co-op issues in the BC election, BCCA sent a survey of seven questions to each of the main political parties to gauge their support of our policy priorities. Responses were received from all three parties, which presents us with good opportunities for follow up on important challenges. Of note, the … Continued

Joint statement regarding sale of MEC

Co-operatives and Mutuals Canada (CMC) and the British Columbia Co-op Association (BCCA) are disappointed by the developments surrounding Mountain Equipment Co-op, which has long been Canada’s largest consumer co-operative and a valued member of CMC. “Co-operatives and mutuals have been our most resilient business model for over a century because of their values and principles, … Continued

Government Relations Update

| Business, Government

In our June 29 newsletter, we reported that BCCA had sent its submission to the Select Standing Committee on Finance and Government Services as part of the Budget 2021 consultation. Following our submission, BCCA was asked to present at the Economic Recovery Roundtable with Premier John Horgan. In his presentation, BCCA Board Chair Ben Hyman … Continued

BCCA shares recommendations on the 2021 provincial budget

| Business, Government

On June 26, BCCA sent its submission to the Select Standing Committee on Finance and Government Services as part of the Budget 2021 Consultation.   The document acknowledges the challenges BC has faced with the global pandemic and the economic downturn, and how co-ops are at the forefront of these challenges. The recommendations in the submission outline how … Continued

Improved capital raising for BC co-operatives

| Business, Government

On June 1, 2020, the BC Securities Commission made an important change to BC Instrument 45-530, which allows BC co-operatives to sell shares to members without issuing a prospectus. The lifetime limit had been $5,000 since this exemption was introduced in 2001.  The new maximum of $10,000 also applies to certain issuances of investment shares. … Continued

Feedback requested: Future of Electronic Annual General Meetings

| Business, Governance, Government

Back in April, B.C.’s Ministry of Finance issued Ministerial Order 116 to allow co-operative associations to hold their AGMs as fully electronic meetings during the COVID-19 state of emergency. The Ministry is evaluating whether this should be a permanent option and we’re looking for your feedback to help inform this decision.  Please complete this short survey by … Continued