By Kenzie Love Community Savings Credit Union was founded in 1944 by members of the International Woodworkers Association union. These workers were denied fair access to financing by traditional banks, so they built their own cooperative financial institution. Community Savings has a social purpose, “to unite working people to build a just world”, meaning every … Community Savings Fills a Niche in Credit Union Sector
by Danny Parys Sound the alarm! Bank of Canada officials say Canada is in a productivity emergency and according to Statistics Canada it’s getting worse. That’s because labour productivity declined by 1 per cent in the second quarter of 2025. The sharpest decrease since 2022. Though this should come as no surprise. Labour productivity has … Productivity: Canada Needs More Worker Co-operatives
From the Canadian Worker Co-operative Federation (CWCF) Solidarity Works / La Solidarité nous réussit 2 August, 2024 Recommendations: I. That the Government of Canada implement the tax incentives announced for workerco-operatives in harmony with incentives provided to Employee Ownership Trusts.II. That the Government support CWCF’s Building Community Resiliency Program to maintainand create jobs and businesses, … Submission for the Pre-Budget Consultations 2025 Federal Budget
DELIVERED BY EMAIL to QI-consultation-PA@fin.gc.ca 15 July 2024Qualified Investment Consultationc/o Director General, Tax Legislation DivisionDepartment of Finance Canada90 Elgin StreetOttawa ON K1A 0G5Dear Sir or Madam Re: Worker Co-ops and Registered Plans We are writing in response to the first question in your consultation on Qualified Investments for Tax-Advantaged Savings Plans, i.e.: 1) Should … CWCF Response to Finance Cda consultation July 2024
How Co-ops Can Help Solve Problems in Community, with a focus on BIPOC and other Equity-Denied Groups, written by iMOVE (in My Own Voice)
By Hazel Corcoran The federal budget 2024 announced that sales of businesses to worker co-operatives would be eligible for a capital gains tax exemption of up to $10 million! This was previously announced for employee ownership trusts (EOTs), and CWCF with the support of Co-operatives and Mutuals Canada has strongly advocated the addition of worker … A Win for the Worker Co-op Sector in the Canadian Budget!
Format: Online via Zoom Wednesday January 24th at 1pm EST/10 am PST/ 11am MT/ 12pm CT/ 2pm AT Presenters Russ Christianson: Co-op Developer and Coach at InnoweaveJennifer Williams: Employee Ownership SpecialistJuliet ‘Kego Ume- Onyido co-founder of Whole Woman Network (a worker co-op) and Black Women Professional Worker Co-op (a multi-stakeholder Co-op)Facilitated and moderated by: Janielle … How to Convert a Business to a Co-operative or Social Purpose Organization (SPO)
Growing Slow, a short film focusing on Vancouver Island’s Island Flower Growers Co-operative, is now available to watch on YouTube. Director Nick Ogden was the recipient of CWCF’s 2021 young adult arts and culture grant, which he used to help produce the film.
by Hazel Corcoran, CWCF Executive Director Over 200 people attended the hybrid Congress of Co-operatives and Mutuals Canada (CMC) in Calgary earlier this week, with the theme of “Co-operation at the Crossroads”. Lessons learned during the pandemic were shared in a panel session, including in the worker co–op sector, as described here. Posters … Successful CMC Congress in Calgary, June 14-16
By Kenzie Love The problems with the so-called “gig economy”, in which workers for Uber and other platforms carry all the responsibilities of being an employee while receiving none of the benefits, have been well-documented. The desire for an alternative to the enormous power of big tech is also readily apparent. But many of the … Platform Co-ops Offer an Alternative to Big Tech’s Monopolies