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Federated Co-operatives Limited (FCL)

Federated Co-operatives Limited (FCL)

General
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Pricing strategy • 0
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Grants 11
Last update: Dec 6, 2024 Last update: Dec 6, 2024
General
Jobs
Shortlists/Awards
Pricing strategy
Partners/Competitors
Grants

Details

Legal residence:Canada
Organization type:NGO
Funding agencies:Other
 Other
Sectors:Industry, Commerce & Services, Marketing
 Industry, Commerce & Services, Marketing
Sanctions:Check now
Status:
Active

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About

Federated Co-operatives Limited is a co-operative. It is owned by more than 160 independent retail co-operatives in Western Canada, which are in turn owned by more than 1.9 million individuals.

FCL shares its success with members by distributing a portion of profits as an allocation based on patronage, which is the value of products and services purchased by a member. A patronage allocation is equity, essentially an investment or shares in the company, which the co-operative may pay back in cash (share redemption).

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