Wednesday, 04 November 2020 18:27

The A-Z of Co-op Camp - part 3

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Have you ever gone somewhere and had a whole new language thrown at you? I don’t mean that grade 12 trip to Europe, where they ACTUALLY speak a different language, I mean somewhere where the lingo is just all new?  When I first got to Co-op Camp, I had absolutely no idea what a Warm Fuzzy was, or exactly why people wanted to be “cannibals”. Our final batch of letters covers the new words you may hear at Co-op Camp from R-Z.  Some of these are essential to having a great summer at Co-op Camp!

R

Rap Sessions

Drop me a sick beat!!!  Well, no, a rap session is not THAT kind of rap.  It is a great way to get to know more about your fellow campers by asking a question and letting everyone give an answer.  If you were a sound, what sound would it be? If you could travel anywhere, where would you go?

Rainbow Flag
A seven-colour rainbow flag is a common symbol of the international cooperative movement. The rainbow flag has been the cooperative emblem since 1921 when the International Co-operative Congress of World Co-op Leaders met in Basel, Switzerland to identify and define the growing cooperative movement’s common values and ideals to help unite co-ops around the world.

After some experiments with different designs, a famous French cooperator, Professor Charles Gide, suggested using the seven colours of the rainbow for the flag. He pointed out that the rainbow symbolized unity in diversity and the power of light, enlightenment and progress. The first co-op rainbow flag was completed in 1924 and was adopted as an official symbol of the international cooperative movement in 1925.

Like the rainbow, this flag is a symbol of hope and peace. The seven colours from flags around the world fly in harmony.

Honorable Mentions: Recreation, Rest

Friday, 30 October 2020 16:19

Unique Co-operatives in Saskatchewan, Part 2!

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Saskatchewan has so many interesting co-operatives. I am always amazed at the many different types of co-operatives we have here. In my first blog post on this topic, we looked at several unique types of co-ops and I’m back with another list of a more different kinds of co-ops! In this blog post, we’ll take a second armchair tour of interesting and unique co-operatives found around Saskatchewan. 

Friday, 23 October 2020 19:39

What Co-op Camp Has Given Me

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We asked a long-time Co-op Camper, Staffer, and Program Assistant, Kallin Kehrig, to tell us about what Co-op Camp has given him in his life.  I met this young man in January of 2019 and he made a lasting impression on me.  Here he is, in his own words, telling us about his experience.

 

When I first heard of Co-op Camp I was young, shy, and above all, I did NOT want to go to this new summer camp my parents had signed me up for.  Pulling up into a parking lot full of people I didn’t know was terrifying, especially because a handful were wearing silly costumes.  I remember asking my mom if I really had to go to this weird new summer camp.  It turns out that I did, in fact, have to go to this new summer camp.  The first words I told my mom when I got back from camp?  “Mom, I have to go back next year!”

Wednesday, 30 September 2020 20:59

Enterprise Risk Management… Twenty Years and Counting

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*GUEST POST* We asked Karen McBride MBA, ORMP to share some of her insights about enterprise risk management for co-operatives and credit unions.
 

If you think about it, co-operatives were created to reduce the risk that individuals would not survive lean times and harsh conditions. By working together, people discovered creative ways to pool their time, money, and talent to not only help each other survive, but eventually thrive to build communities, social systems, and nations. This powerful process continues to this day – the transformational power of co-operatives is especially evident in developing countries.  

Once launched, credit unions and co-ops quickly got busy managing the risks that could damage their bottom line or threaten their survival – risks such as theft, fraud, credit losses, and damage from fire or natural disaster. Up until about twenty years ago, risks such as these were largely regarded as individual events. 

Tuesday, 01 September 2020 20:39

The A to Z of Co-op Camp Part 2

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Camp A Z 2

 

Have you ever gone somewhere and had a whole new language thrown at you? I don’t mean that grade 12 trip to Europe, where they ACTUALLY speak a different language, I mean somewhere where the lingo is just all new?  When I first got to Co-op Camp, I had absolutely no idea what a Warm Fuzzy was, or exactly why people wanted to be “cannibals”. Our second batch of letters covers the new words you may hear at Co-op Camp from J-Q.  Some of these are essential to having a great summer at Co-op Camp!

 Photo Credit: Sandra Boynton

There are so many interesting types of co-operatives in Saskatchewan. Of course, I love ALL co-operatives and credit unions. But there are some pretty unique co-operatives here. Since we’re all not traveling too far this year, this blog post will take you on an armchair tour of just some of these co-ops around the province that you may not have heard of before, as well as a few examples of industries that have a lot of co-operatives here. 

*GUEST POST* By Kenzie Love, CWCF Communications and Executive Assistant

As Saskatchewan, like other provinces, confronts the challenges posed by the impending surge of retiring baby boomers, it seems natural to look to the employee succession solution. Ideally, employees taking over a business would provide jobs for those who would otherwise lose them if it shut down, income for a retiree counting on selling the business to finance their retirement, and the continuation of a store or service that would be sorely missed, particularly in a small town. But despite these apparent advantages, employee succession remains relatively uncommon, not just in Saskatchewan but throughout Canada. 

2020 Virtual Co op Camp 2

Usually around this time of the year, I am sitting in a cabin, or chatting with my colour group about what they are looking forward to doing the next day, or I am laying on the beach, watching young people splash in the waves, or I am teaching a group of campers about one aspect of our co-operative principles and how they make business better. However, this year, I’m not out at our typical Co-op Camp.  I’m nowhere near either Candle Lake or Last Mountain Lake.  I am sitting in my office.  Staring at a computer screen.  It’s not the summer I could have imagined in a hundred years. 

Thursday, 25 June 2020 17:01

The A-Z of Co-op Camp

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Part one: The first 9 letters that make up the song 😊

Have you ever gone somewhere and had a whole new language thrown at you? I don’t mean that grade 12 trip to Europe, where they ACTUALLY speak a different language, I mean somewhere where the lingo is just all new?  When I first got to Co-op Camp, I had absolutely no idea what a Warm Fuzzy was, or exactly why people wanted to be “cannibals”. Our first block of letters covers the new words you may hear at Co-op Camp from A-I.  Some of these are essential to having a great summer at Co-op Camp!

Camp A Z 1

Image courtesy of @NBC_AtoZ

 

In my last blog post, we looked at what the main financial statement documents are and what they mean. Now that you understand what each of the financial statements are for, this blog post looks more closely at some of the items you can expect to see on the financials, and how this information can help you assess your co-operative’s financial health. 

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