Vancity Cuts Credit Card Rates to Zero In a first for any financial institution, Vancity will be temporarily dropping its credit card interest rates to zero percent to help those affected by the COVID-19 outbreak. CEO and President Tamara Vrooman says having access to credit for groceries, medicine and other purchases is critical for many [...]
Co-ops Can Access Government Support Co-ops and Mutuals Canada confirms that co-operatives will be eligible for the same funding as other businesses from Canada’s COVID-19 Economic Response Plan. Key highlights of the plan include: -eliminating the payroll tax for three months by providing a 10% wage subsidy to small businesses; -deferring tax payments until August [...]
Co-ops Pitching In To Stem Covid-19 Challenges Co-ops are all always concerned about their communities and are stepping up to help neighbours during the current Covid-19 outbreak. The Calgary Co-op is offering free care packages to people ordered quarantined by public health officials. The packages contain non-perishable food essentials and are available until April 15. [...]
Calgary Co-op To Expand Again The Calgary Co-op is planning to purchase a shopping plaza known as Marda Loop Village and develop an urban grocery store, residential, retail and commercial spaces. Co-op spokesman Damon Tanzola says the new grocery store will have a smaller format than traditional stores, but still offer a variety of fresh [...]
Black Groups in Toronto want to launch credit union As Black History month winds down next weekend, we have news of some African Canadian organizations attempting to get a Pan-African Credit Union off the ground in Toronto. Adaoma Patterson, president of The Jamaican Canadian Association, says the goal is to provide financial services to Blacks [...]
Call For Credit Union Hosts Across Canada The Co-operative Development Foundation of Canada is looking for credit unions to host participants for its 18th edition of the Women’s Mentorship Program. This is a unique opportunity to support women credit union managers from Africa, Asia and the Americas. This year’s program runs from June 4-13 in [...]
Since 1991, the Victoria Women in Need Co-operative has been supporting women along their journey between crisis and wellness. WIN does this by collecting and reselling donated goods in their five shops in Victoria and Langford. The revenue from these sales, together with financial donations, fund five empowerment programs for women. WIN is there [...]
Unifor and FCL Remain at Odds Today, Feb. 4, is Day 61 of the labour dispute between Unifor 594 and Federated Co-ops Limited at the Co-op Refinery in Regina with no end in sight. Bargaining resumed Jan. 31 after Unifor removed barricades around the refinery complex. Talks broke down later that evening and barricades went [...]
Vancouver Releases Co-op Lease Discussion Paper On January 28, 2020, the City of Vancouver released its long-awaited discussion paper on co-op lease renewals just as many of these leases are about to expire. The paper repeats the City’s commitment “to preserve and grow the number of co-op homes across Vancouver.” It also sets out four [...]
Squamish award-winning businesswoman and mom Kelly Ann Woods had a bee in her bonnet (so to speak). What could be done to increase the variety of fruits and vegetables in her town while keeping the costs down? She reached out to other Squamish Moms on Facebook and together they pooled their energy and expertise to [...]
