CCEDNet Supports the Renewal of the Cooperative Development Initiative

March 1, 2012

On February 27, CCEDNet sent the following letter to Federal Finance Minister Jim Flaherty calling for the federal government to renew the co-operative development initiative (CDI) in 2012, the international year of co-operatives. 

By facilitating the start-up and expansion of new co-operatives through project funding and advisory services, the CDI program makes an important contribution to Canada’s economic growth. Funding for this program amounts to approximately $4 million per year, a relatively small expenditure given the impact it has had on co-operative development.

The federal government can help create jobs, set up new locally-owned businesses, and revitalize our economy by announcing the renewal of the CDI as a legacy of the International Year of Co-operatives. While viewing this as a priority, the Canadian Community Economic Development Network also supports implementation of the Canadian Co-operative Association’s proposed Co-operative Investment Plan and co- operative development loan fund.


Read the full letter