Posted on

Indivisible Reserve

CWCF: Indivisible Reserve What is an Indivisible Reserve? An indivisible reserve in a worker co-op is property owned by the co-operative/the co-operative movement which can never be divided among members.  It is created by allocating a set percentage (e.g., 20% or 40%) of annual surpluses to the indivisible reserve. Who “owns” the capital in the reserve?  It is permanent co-operative capital, and is notionally seen as the value of the common effort of the members. As long as the co-op is operating as a co-op, it can use the indivisible reserve like any other retained earnings.  In other words, this reserve can be controlled by the members, but not accessed by them for distribution to themselves individually.  “Indivisible” means that if the co-op ceases to exist as a co-operative (e.g., because it is wound up, or sold), the reserve will go to a co-op development fund, a federation or another…

Read more

Posted on

Selling Your Business to Your Employees – special Conference Session

Should you sell your business to your employees?  Nov. 5th, 2014 Workshop on succession planning through conversion to a worker co-operative WOLFVILLE, NS. – The Canadian Worker Co-operative Federation (CWCF) has announced plans to host its 23rd annual fall conference in Nova Scotia’s Annapolis Valley from November 5-8, together with co-host CoopZone, at the Old Orchard Inn. If you own a small business, you are invited to join worker co-operative experts and other small business owners at a special evening workshop on converting small businesses to worker co-operatives, which is being held in conjunction with this Conference. For small business owners, worker co-operatives can be a powerful tool for succession planning  and can help create a strong business through shared entrepreneurship.  This two-hour session, on Nov. 5th at 7 – 9 pm, will introduce small business owners to the benefits and challenges of co-operative conversions, and help owners decide if…

Read more

Posted on

CWCF Conference Press Release 2014

Annapolis Valley set to host national worker co-op conference, fall 2014 WOLFVILLE, NS. – The Canadian Worker Co-operative Federation (CWCF) has announced plans to host its 23rd annual fall conference in Nova Scotia’s Annapolis Valley from November 5-8, together with co-host CoopZone. The three-day (+) conference, which brings together many of the Federation’s 60 member organizations and 100 indirect members from across the country, aims to strengthen Canada’s growing worker cooperative sector. It features a number of workshops, collaborative planning sessions, and guest speakers. This year’s keynote speaker is José Orbaiceta, President of the Worker Co-op Federation of Argentina. A worker co-op, for the uninitiated, is a form of business where a company’s employees own and democratically manage the business. Typically, they share in both the business’ decision-making and its profit. Currently, there are an estimated 350 worker co-ops across Canada, employing 10,000 people. The Annapolis Valley is home to…

Read more

Posted on

CWCF’s Lobby History and Priorities 1991 – 2019

Federal lobbying in support of worker co-op development and expansion has been an extremely important part of the work of the CWCF, and similarly the making of applications to federal program. This document provides a history from 1991 to mid-2019 of the CWCF’s lobbying activities, and provides its current priorities.   CWCF Lobby History and Priorities 2019_fnlDownload

Read more

Posted on

Report – The Rationale for Worker Co-operatives – Creating Democratic and Co-operative Workplaces Based on Equality

February 3, 2011 The Rationale for Worker Co-operatives report, poster and brochure are attached below. To help raise awareness of democratic and co-operative workplaces based on equality, please print and distribute widely! Rationale 2012 Version_fnl The Rationale for Worker Co-operatives – Brochure The Rationale for Worker Co-operatives – Poster

Read more

Posted on

Strategies for Developing Immigrant Worker Co-ops

Immigrant Worker Co-op Strategies paper drafted by Hazel Corcoran of the Canadian Worker Co-operative Federation. Excerpt: I. Background Through the current Co-operative Development Initiative (CDI) Innovation and Research (I & R) Project, the Canadian Worker Co-operative Federation (CWCF), in consultation with its Diversity Committee, is prioritizing worker co-op development in immigrant communities, including approaches and resources to improve their success rates. The reason for this priority is because the need among immigrant communities for economic and socio-economic improvement is great, and the potential of worker ownership to meet these needs as well as to help empower the worker-owners is also significant. In terms of need, income disparity between native-born Canadians and immigrants to Canada is large, and on the increase. The 2006 Census data released on May 2, 2008 revealed that earnings for recent immigrants (about 80% of whom are racialized) show a grim economic reality. According to a Globe…

Read more