GUELPH, ON, July 6, 2012 /CNW/ – On the eve of the International Day of Co-operatives, 16 emerging co-ops learned they will be receiving a combined $150,112 to support their development. The grants announced today by The Co-operators are part of the insurance co-operative’s Co-operative Development Program, which supports emerging and expanding co-operatives across the country.
“The United Nations declared 2012 The International Year of Co-operatives with the theme ‘Co-operative enterprises build a better world’ and our continued support of co-ops helps make this theme a reality in communities acrossCanada,” explained Kathy Bardswick, President and CEO of The Co-operators. “Each of these organizations has demonstrated a keen ability to make a positive impact on its members and its community. These co-ops can make a relatively small amount of money go a long way, so we know our support will make a real difference.”
The following grants were announced today:
$8,500 – Cowichan Bio-Diesel Co-op, Duncan, BC $3,000 – Hub City Cycles Community Co-op, Nanaimo, BC $12,500 – British Columbia Co-operative Association, Vancouver, BC $15,000 – Canadian Ethical Restoration and Construction Cooperative, Vancouver, BC $14,000 – East End Food Cooperative, Vancouver, BC $3,600 – Shift Delivery Co-op, Vancouver, BC $6,000 – The Vancouver Tool Library Cooperative, Vancouver, BC $10,000 – Saint-Claude Wind Energy Cooperative, St. Claude, MB $7,000 – Your Local Food Co-op, Stratford, ON $14,122 – Toronto & District Parent Co-operative Preschool Corporation, Toronto, ON $10,750 – TREC Renewable Energy Co-operative, Toronto, ON $10,000 – Families Matter Co-operative, Ottawa, ON $8,640 – Ottawa Renewable Energy Co-operative, Ottawa, ON $10,000 – Coopérative de Travail du Collège des Hauts Sommets, Saint-Tite-des-Caps, QC $7,000 – Downtown Daycare Co-operative, Moncton, NB $10,000 – La Coopérative de Transport de Chéticamp Lté., Chéticamp, NS
Tomorrow marks the International Day of Co-operatives where co-operatives across the country will be raising awareness and celebrating the impact co-operatives make in Canada and around the world.
Over the past 20 years, The Co-operators has provided $1,720,397 in grants and investments to developing Canadian co-operatives through The Co-operators Foundation Co-operative Development Program.
About The Co-operators: The Co-operators Group Limited is a Canadian-owned co-operative with more than $38 billion in assets under administration. Through its group of companies it offers home, auto, life, group, travel, commercial and farm insurance, as well as investment products. The Co-operators is well known for its community involvement and its commitment to sustainability. The Co-operators is listed among the 50 Best Employers in Canada. As a proud member and supporter of the co-operative sector, The Co-operators is pleased to celebrate 2012: The International Year of Co-operatives. For more information visit www.cooperators.ca.