- Federated Co-operatives Reports Earnings Drop
Federated Co-operatives Limited CEO Scott Banda reported an earnings drop of 16.4 per cent. FCL is the company with the iconic red chevron Co-op signs. It’s owned by 203 retail co-operatives across western Canada. This includes Otter Co-op in the Fraser Valley. Banda attributed the decline to a reduction on their crude oil business. FCL gets about 60% of their revenue from oil. Other FCL business segments like crop supplies, feed, and food had moderate gains.
Saskatoon Star Phoenix: Soft energy prices continue to take a toll on Federated Co-op: CEO
Saskatoon Star Phoenix: FCL expects tough times to continue after ‘very difficult’ 2015: CEO
- Vancity Subsidiary Financing Green Bonds
A subsidiary of VanCity Credit Union is providing $1 million in financing for the development of green bonds from Montreal based CoPower Inc. VanCity Capital Corporation will allow the loans to clean energy projects. The loans will be sold as bonds to Canadians.
Investment Executive: Vancity subsidiary to develop corporate green bond platform
- Applications are now open for the $100,000 Social EnterPrize
Created by the Trico Charitable Foundation in 2011, the biennial Social EnterPrize celebrates and advances leadership and excellence in social entrepreneurship in Canada.
- The London Brewing Co-operative in London, Ontario has opened its new digs
London Brewing Co-operative opened its doors to the public this past Saturday in funky old factory space in the southwestern Ontario city. Judging by the large crowd that lined up for draft or to buy one of the six beers made on site, there is a lot of appetite for local organic beer and local organic growth.
Ifpress.com: The London Brewing Co-operative opens up its new digs – and Old East celebrates
- East End Food Co-op Customer Appreciation Day
Saturday March 4, 2017
Are you an East End Food Co-op member? This coming Saturday March 4th is customer appreciation day. Get 10% off everything except sales items.
- Groundswell Showcase Gala
Tuesday March 7, 2017 5:30pm
Groundswell’s 5th cohort of graduate entrepreneurs showcase their ventures. The general public is invited to see Vancouver’s newest entrants to the social economy.
- CHF Member Forum
March 20, 2017
This forum is open to CHF BC and CHF Canada members.
- Vancouver Soup
Thursday March 30, 2017
It’s a crowd founding dinner of soup and salad where you vote for your favourite group. It’s a minimum $10 donation at the door and the winning group takes all.
- CHFBC Spring Education Conference
April 1, 2017
The conference has 12 workshops on various aspects of running a housing co-op. It also includes a plenary session. http://www.chf.bc.ca/event/spring-education-conference-8
If you have news or events to tell us about send an email to firstname.lastname@example.org.