Co-ops and cooperators across Canada were surprised and saddened to learn that the MEC board of directors decided to sell the co-op’s assets to a US-based private equity firm. The BC Cooperatives Association and Co-operatives and Mutuals Canada have released a statement calling for provincial and federal governments to verify that all applicable legislation has been followed in the sale process.

Read the Joint Statement 

UCCC joins its partner organizations in noting that co-operatives and credit unions present an incredibly strong history of success as a business model, and offers its continued support for member organizations through financial management and strategic planning advice during these extraordinary times.

Contact us for more information.