Co-operatives: Saskatchewan’s sustainable super-solution!
Co-operatives are a powerful yet often underappreciated tool for addressing social, economic, and environmental challenges in Saskatchewan and across Canada. Unlike traditional businesses, co-operatives are owned and operated by their members, who share in the profits and decision-making processes. This model empowers individuals and communities by providing a more equitable and inclusive approach to economic activity. As Saskatchewan faces complex social issues, such as economic inequality, housing affordability, and rural development, co-operatives present a sustainable solution that aligns with our province’s values of community, fairness, and self-reliance.
A co-operative, or co-op, is a member-owned organization where decisions are made democratically, with each member typically having one vote, regardless of their share in the organization. Co-operatives can operate in various sectors, including agriculture, retail, housing, and financial services. In Saskatchewan, we have a strong tradition of co-operatives, particularly in agriculture and retail, with organizations like Federated Co-operatives Limited (FCL) and the Co-operative Retailing System.
The co-operative model is built on seven internationally recognized principles, including voluntary membership, democratic control, member economic participation, and concern for the community. These principles foster a business environment that prioritizes people and community well-being over profit maximization. This unique approach creates a sense of ownership and responsibility among members, often resulting in more resilient and sustainable organizations.
Co-operatives have a significant presence in Canada. According to data from Co-operatives and Mutuals Canada (CMC), there are over 8,000 co-ops and credit unions in the country, employing more than 200,000 people. These organizations generate billions annually while providing essential services to over 10 million members. In Saskatchewan, co-operatives are essential to the economy, particularly in rural communities where they often provide vital services like groceries, fuel, and banking.
Co-operatives also have a long history of contributing to community development. In 2019, Canadian credit unions reported over $50 billion in assets and over 5.5 million members. These organizations often reinvest their profits back into their communities, supporting local projects, educational initiatives, and social programs.
For regions grappling with complex social issues such as income inequality, lack of affordable housing, and the challenges of sustaining rural communities, co-operatives offer a unique solution. For example, housing co-ops provide an alternative to traditional rental models, offering secure, affordable housing that is managed by and for its residents. This model can be expanded to address the growing demand for affordable housing across the province.
In the agricultural sector, co-ops have historically played a vital role in supporting small farmers by providing them with the tools, resources, and market access they need to thrive. As the challenges of climate change and market volatility continue to pressure farmers, co-operatives can help ensure that agriculture remains sustainable and profitable in Saskatchewan.
Beyond economic benefits, co-operatives promote social inclusion by engaging marginalized communities. Co-ops can create jobs, foster community development, and empower individuals by giving them a voice in decision-making. In sectors like childcare, healthcare, and social services, co-ops offer a way to provide quality, affordable services while giving workers more control over their working conditions.
By promoting local ownership, democratic control, and concern for community well-being, co-operatives can help address the root causes of inequality and social exclusion. Co-operatives are more than just businesses — they are a force for positive change.