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CCEC and others welcomed the official 'Royal' proclamation of Co-op Week by the queen's representative in BC. Co-op Week is celebrated nationally and internationally, in recognition of the important role co-ops play in community development and enterprise development. 

The BC Proclamation explicitly recognizes co-ops a 'social enterprises', the term now widely used for business activity that also pursues social and environmental objectives. Co-ops inherently distribute ownership rights differently, to consumers, producers, or workers, as the case may be. The model emphasizes the commonality of interests among people, jointly taking steps to improve their own circumstances. 

CCEC is a financial co-operative, with over 3000 members.  CCEC is proud to be part of the co-operative and credit union movements. Profoundly, CCEC was actually created to foster and finance co-ops and other community based groups; CCEC is unique in having this community development purpose/mission.

This week CCEC celebrated with the BC Co-op Association, CHF BC, Vancouver Co-operative Radio (all CCEC members) and many others. People working together can do great things!   

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CCEC co-sponsored a great event, "Connected Local Economies", on September 30th, with @150 attending at the SFU Segal Centre. Author and economist Michael Shuman provided a short presentation recapping his research that refutes conventional thinking on 'economic development' and proves that nurturing local business generates much better results - particularly in terms of employment.  He also highlighted several novel projects in Cleveland, Portland and elsewhere. 

The event then challenged participants to confront various issues related to the mobilization of GO LOCAL efforts in Vancouver. Orchestrated by the Design Nerds, small groups generated great ideas and proposals - graphically documented.  The conversations also invited people to form working groups and project initiatives.   

This was a great collaboration with the SFU CED Program, SFU Public Square, CUPE BC, and a host of community organizations that CCEC recruited, including; Loco BC, Village Vancouver, BC Farmers Markets

The resulting challenge to CCEC was twofold; (1) effective collaboration with community groups as projects evolve, and (2) developing more effective ways to redirect retirement savings into local business, rather than mega-corporations.  

 


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