Canadian cooperative movement makes pledge to create an investment fund

The Canadian Worker Cooperative Federation (CWCF) has pledged founding support for a new Cooperative Investment Fund that would, if launched, provide Canadian cooperatives including worker cooperatives with access...

The Canadian Worker Cooperative Federation (CWCF) has pledged founding support for a new Cooperative Investment Fund that would, if launched, provide Canadian cooperatives including worker cooperatives with access to the capital they need to expand and develop. The proposed fund, which is envisioned to launch later in 2013 if the required capital can be raised, is being proposed under the leadership of the Canadian Cooperative Association (CCA) with the support of a dedicated task force representing cooperatives and credit unions across the country. It would support the development and expansion of individual cooperatives with loans and subordinated debt sourced from within the cooperative movement.


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