SASKATOON — Federated Co-operatives Limited was recognized as Large Co-operative of the Year by Co-operatives and Mutuals Canada (CMC) at its annual awards ceremony in Quebec City on June 19.
The award recognizes Canadian organizations that have made a significant contribution to co-operatives and mutuals in Canada and around the world. FCL, which is celebrating its 90th anniversary this year, was recognized for its commitment to environmental sustainability, community investment, employee engagement, co-operative leadership and financial responsibility. In 2018, FCL returned $789 million to more than 170 independent local co-ops across Western Canada.
“We believe in our co-operative. We know it works and we’ve seen it work for over 90 years,” said FCL CEO Scott Banda. “As an organization, if we can make a difference in members’ lives, we can build sustainable communities together.”
