Ottawa, April 11, 2018: Co-operatives and Mutuals Canada (CMC) welcomes the April 5 news release from Innovation, Science and Economic Development (ISED) in which they have unveiled some details of their plan to support the co-operative and mutual sector in Canada. ISED states that their plan will “strengthen the role co-operatives play in Canada’s success.”
The news release marked the one-year anniversary of the unanimous support given to Motion M-100 by the House of Commons. M-100 is a private members motion brought forward by Alexandra Mendès, Member of Parliament for Brossard—Saint-Lambert (Quebec).
“CMC thanks Ms. Mendès for her work to bring the attention of the government to the role of co-operatives and mutuals in Canada” said CMC President Doug Potentier.
The government has announced that it will focus on three key directions: accessing federal programs and services, raising awareness of the co-operative business model and modernizing co-operative sector data. The strategy also states that the government will continue to consult with stakeholders on support for innovation within the sector.
“CMC looks forward to working with and supporting the government on these strategic directions and will offer policy recommendations that support the government’s stated objectives of an innovative, inclusive economy,” said Doug Potentier. “Our policy recommendations will reflect years of input from co-operative and mutual leaders in Canada.”
In particular, CMC will endeavour to make the government aware of co-operative innovations that are emerging in Canada and internationally. The opportunities for the Government of Canada to support the middle class and grow Canada’s economy sustainably with co-operative solutions are robust, and proven. As locally owned entrepreneurial models, Governments at all levels need to be creating the optimal conditions for co-operatives to do what they do best; develop communities economically and socially with an inclusive business model.
As a first step in helping the Government to meet its own policy objectives, CMC invites representatives from the Government to participate in the premier gathering of Co-operative leaders in Canada, the Co-operative Congress in Victoria, BC on June 21-22. This gathering will explore the renewed role of co-operation in a changing world and is the ideal opportunity to be inspired by what is being done by innovative entrepreneurs in the sector.
CMC Executive Director, Denyse Guy believes the timing is right to promote co-operatives and build awareness. “It is an ideal time for everyone to be paying attention to the potential of co-operative innovations. We see the challenges of precarious work, monopolization of platform data, energy transition, health and wellness services and business succession planning, and innovative solutions to these challenges are the next wave of co-operative growth in Canada. A lack of awareness about co-operatives is impeding that progress. Co-operatives are already creating a more innovative and inclusive economy, but there is lots of room to improve and accelerate the results.”
About CMC: Co-operatives and Mutuals Canada is the national, bilingual association for co-operatives and mutuals in Canada. Through advocacy with the federal government, CMC provides a knowledgeable voice committed to improving the economic and regulatory environment for co-operatives and mutuals on behalf of our members. CMC’s members come from many sectors of the economy, including finance, insurance, agri-food and supply, wholesale and retail, housing, health, forestry, education, funeral services, public utilities and community development. CMC provides leadership to support, promote, and develop the co-operative economy in Canada. The co-operative and mutual movement in Canada counts more than 18 million memberships from approximately 8,000 co-operative and mutual enterprises.
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For further information:
Brendan Denovan, Manager of Communications
Tel: 613.238.6712 x206