It’s December. Normally, this month is filled with people around the world preparing for all kinds of celebrations. Some are buying gifts to give to loved ones. Some are cooking and baking wonderous treats and feasts. Some are writing cards and letters to send out to family and to friends to share the news of the past year with everyone. This year though, things will look and feel a bit different.
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!
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.
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!”
*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.
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!
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.
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.
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!
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.
Okay, so I know that this is a reaaaalllly strange thing to say to a bunch of teenagers, but there is a valid life lesson here.
Really. Do it. Try it!
Wait… ok, what about the things that are bad for you… Well, maybe don’t try things that are illegal, or immoral, or plain stupid… Tide Pod Challenge, anyone???
What I mean by Try Everything, is give life a chance. Try things that scare you. Try things that are out of your comfort zone. When was the last time you tried something new? Show of hands… What was it? Were you successful??? How did it make you feel to try it?
Financial statements can help board members and managers understand your co-operative’s spending, your financial position, as well as helping boards provide oversight on the spending and financial performance of the organization. This blog post is intended to help directors that aren’t financial experts gain some introductory understanding of the main financial statements co-operatives use and to gain a few ideas of what kinds of information to look for on these statements.
If you follow Co-op Camp on Instagram or Facebook, (@coopcamprocks and Saskatchewan Co-operative Youth Program, respectively), we do a weekly introduction of a Co-op Camp Staffer. These people are the amazing volunteers who help us run the Camp program summer after summer. This year we are not doing camp in our traditional form, but there will be some new and interactive events and activities. This is because of the hard work of these two Co-op Camp Alumni, Sean den Hollander and Nicole Rowlett, the 2020 Program Assistants. I asked them to give us some info and let us get to know them a little bit. Here is our Meet the Team Monday - Blog Edition!