CCA News Briefs

Syndicate content
Co-operative News Briefs, an electronic newsletter of the Canadian Co-operative Association, is published every two weeks and distributed by e-mail. It is available free of charge to anyone with an e-mail address and an interest in co-operative developments in Canada and around the world.
Updated: 7 years 43 weeks ago

NB CREDIT UNIONS JOIN FORCES TO HELP FOOD BANKS

Thu, 2008/12/11 - 10:04am

Six credit unions from across New Brunswick have joined forces to help raise funds for food banks in their communities.  The credit unions launched a campaign called Food for Fuel; credit union members and visitors who make a $2 donation to their local food bank are given a chance to win a $1,000 gas card.  
Participating credit unions include the Beaubear Credit Union (Mirimachi), York Credit Union (Fredericton), NBTA Credit Union (Fredericton), Dalhousie Industrial Credit Union (Dalhousie), Capital Credit Union (Fredericton) and Citizen Credit Union (Fredericton Junction). 
Categories: Cooperatives

ENVISION FINANCIAL'S BIG CHANGE WINS INNOVATION AWARD

Thu, 2008/12/11 - 10:04am
A new feature that helps British Columbians get in the habit of saving has earned Envision Financial province-wide recognition. Big Change, a free feature that can be added to any Envision personal chequing account, was recently honoured with an Innovation Award in the products category from Central 1.
 
Every time a member uses their debit card to make a Point Of Sale purchase, Big Change will round their purchase up to the nearest dollar and transfer the additional amount to their savings account automatically. On average, each member is saving $130 per year.
Categories: Cooperatives

STRENGTHENING CREDIT UNIONS IN BARBADOS

Thu, 2008/12/11 - 10:04am
The Canadian Co-operative Association is providing consultancy services to the Barbados Co-operative & Credit Union League Ltd (BCCUL) in conjunction with Dalhousie University's College of Continuing Education. The two-year initiative aims to strengthen savings and loan co-operatives in that country. The consultancy is funded by the Inter-American Development Bank.
 
"CCA has chosen to use a team approach as a way to tap into a broad range of expertise for this consultancy," says CCA Region Director for Asia and the Americas Lydia Makuch Phillips who is part of the team.
 
"We've worked with the league in the late '80s and early '90s so it is exciting to be rejoining them in their efforts to improve the delivery of training and development services to credit unions in Barbados."
 
Other team members include Jo-Anne Ferguson, CCA Senior Development Director, Colin MacLean, Associate Professor, College of Continuing Education, Dalhousie University, and retired credit union manager Graham Mickleborough. 
Categories: Cooperatives

KILIMANJARO CLIMBERS CAPTIVATE CREDIT UNION AUDIENCES

Thu, 2008/12/11 - 10:04am
They climbed a mountain for the Co-operative Development Foundation of Canada (CDF), now they are spreading their message across Canada's Prairie Provinces. Ken Doleman, CEO of Swan Valley Credit Union in Manitoba, and Tom Tibamwenda, chair of the Uganda Co-operative Alliance delighted credit union and co-op audiences in Alberta, Saskatchewan and Manitoba last month with tales from their arduous climb up Mount Kilimanjaro this February.
 
They made the climb to raise awareness and funds for the Co-operative Development Foundation of Canada and, through their speaking engagements, continue to bring attention to issues of poverty in Africa and the way that co-operatives and credit unions are helping.
 
Mr. Doleman and Mr. Tibamwenda were joined on their climb by Mountain Equipment Co-op employee and former Canadian Co-operative Association intern Jen Muldoon. The trio raised nearly $15,000 for CDF.
Categories: Cooperatives

15 YEARS OF CREDIT UNION GROWTH IN UKRAINE

Thu, 2008/12/11 - 10:04am

The Canadian Co-operative Association (CCA), its credit union partners in Ukraine and the Council of Ukrainian Credit Unions of Canada (CUCUC) recently celebrated the 15th Anniversary of their successful collaboration fostering the rebirth of credit unions in Ukraine.   

Credit unions were a feature of Ukrainian society until 1917 when Soviet rule dismantled this grass-roots movement in favour of state-run financial institutions. When Ukraine achieved independence in 1991, the co-operative finance idea was rekindled. 

With financial aid from the Canadian International Development Agency, the Council of Ukrainian Credit Union of Canada and CCA, have contributed millions of dollars in technical assistance since the work started in 1993. Since then, some 700 credit unions have been formed, and have a combined loan portfolio of $444 million in small loans and modest financing to small business enterprises.

The current project is improving services to some 1.5 million credit union members. It aims to further professionalize Ukraine's credit unions to improve access to financial services - particularly to productive and agricultural credit - improve security to protect member's deposits, and to strengthen the national federation. 
Categories: Cooperatives

IRISH TO JOIN GHANA CREDIT UNION COACHING PROGRAM

Thu, 2008/12/11 - 10:04am
In their new partnership with the Canadian Co-operative Association (CCA), the Irish League of Credit Unions Foundation will participate in its Ghana coaching program this year. The League has joined CCA in its effort to reduce poverty in Ghana through credit unions and will work with CCA to provide funding and technical support. 
 
One of the first opportunities to put the partnership into action will come early in the New Year when two Irish credit union professionals join up with 10 Canadian credit union people for the 6th annual coaching mission to Ghana. Through this program, the Canadian and Irish coaches - all highly experienced credit union staff - visit credit unions throughout the country to share experiences and to problem solve with local managers, staff and board members. 
Categories: Cooperatives

THE CO-OPERATORS LAUNCHES ENVIRONMENTAL, SRI INITIATIVES

Thu, 2008/12/11 - 10:04am

The Co-operators will provide incentives for homeowners and drivers to help protect the environment.   Enviroguard will provide an additional 10% of coverage, up to $50,000, to homeowners who restore property with environmentally-friendly alternatives following a claim. For $40 per year, homeowners will have the choice of directing the additional claim payment toward such things as energy-efficient appliances, eco-friendly building material and renewable energy. 
 
Drivers in Alberta and Ontario who ensure their hybrid electric vehicles with The Co-operators will now receive a 5% discount on their auto insurance. The program will be extended to the rest of Canada by the end of 2009. 
 
In addition, The-Co-operators will now offer investors the opportunity to invest in companies with strong records of environmental protection, human rights, product safety and responsiveness to stakeholder concerns. The Socially Responsible Investment (SRI) Funds will be available to both group and individual clients beginning in January 2009. 
Categories: Cooperatives

NEW FACEBOOK GROUP AIMS TO BUILD WORKER CO-OP MOVEMENT

Thu, 2008/12/11 - 10:04am
At last month's Canadian Worker Cooperative Federation  conference, participants at a workshop exploring communication strategies decided to start a Facebook group to explore using social media to build the worker co-op movement. The group can be found at http://www.facebook.com/group.php?gid=37052512665&ref=mf. Anyone can join this group, but they must first have a Facebook account. 
Categories: Cooperatives

SASKATCHEWAN CABLE CO-OP INVESTS $4.5 MILLION FOR IMPROVED SERVICES

Thu, 2008/12/11 - 10:04am
Access Communications, a Saskatchewan co-operative that provides Internet, telephone and cable TV services, has invested $4.5 million to improve its services to customers in the Weyburn area. Included in the additional offerings are over 50 new cable TV channels, including 16 new high definition channels. Access' Xpress Internet services will also be enhanced with faster speeds and a new wireless networking option, and there will be a new full-featured, lower-cost home phone service for both local and long-distance calls. The co-op also plans to launch a new Video on Demand service offering movies, events and other specialty programs in early January.
 
The enhanced service to Weyburn is the first step in the co-ops $75-million strategic plan to enhance and increase the level of service to Access customers in 33 communities across the province. Access Communications is the sixth largest cable television provider in Canada, with more than 400 employees and volunteers. 
Categories: Cooperatives

ONTARIO ANNOUNCES PLAN TO REDUCE CHILD POVERTY

Thu, 2008/12/11 - 10:04am
The Ontario government has announced a strategy aimed at reducing the number of children living in poverty by 25% over five years. The $1.4 billion plan will include an increase to the Ontario Child Benefit; support for new educational and community projects, such as parenting support for low-income familiars and outreach programs for vulnerable youth; dental care for low-income Ontarians and an expanded student nutrition program; and $100 million in one-time funding to assist with repairs to some 4,000 affordable housing units.
 
Ontario is the third province after Quebec and Newfoundland to implement a program aimed specifically at reducing poverty.  Delegates to the Canadian Co-operative Association's 2007 Annual General Meeting passed a resolution calling upon the federal government to develop a national anti-poverty strategy in conjunction with the provincial and territorial governments.
Categories: Cooperatives