Co-op Vision Strategy
Whereas: There are more than 410 cooperatives, credit unions, and caisses populaires in Manitoba, comprising of over 800,000 memberships and almost $10 billion in assets. Cooperatives are more sustainable given their collective ownership and community commitment; 62 per cent of new co-ops are still operating after five years, compared with 35 per cent for other new businesses. After 10 years, the figures are 44 per cent and 20 per cent respectively.
Whereas: A comprehensive strategy for the strengthening and growth of cooperatives in Manitoba is required to ensure that results for our economy and our communities are achieved.
Whereas: A strategic action plan for co-op development will be most effectively achieved through the sufficiently resourced co-production of the vision, policy, and action plans.
Whereas: The Province of Manitoba has already developed a Co-op Visioning Strategy and committed to the co-construction and co-production of this action with the co-op community.
Whereas: Cooperatives create economic democracy, root ownership locally, distribute profits equitably, and often create jobs and services in communities where they are otherwise lacking.
Be It Resolved That:
CCEDNet Manitoba urge the Province of Manitoba to continue with resourced commitment toward the strengthening of the co-op community through full implementation of the Co-op Visioning Strategy in full partnership with the co-op sector.