Week of July 30 – August 5, 2006, Vol. 1, No. 37

Edited and Compiled for you, by Rising Tide Co-operative Ltd.

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Openings“I believe in competition. Co-ops allow me to compete through cooperation with people who have similar ideals and goals. Co-ops enable me to own part of the business, express my views, and use the added market power to help me to compete as an individual. Co-ops provide us a win-win opportunity in our ever challenging world." – Roger Arthur, Allamakee-Clayton Electric, Inc. www.acrec.com  Openings is a weekly feature of Co-op Circles. Send your favourite quote about celebrating co-operatives, communities and a better world for all, to News1@nbnet.nb.ca


This Week in Co-op Circles

·      This June, Eagle River Credit Union, through the generosity of its customer-owners, made a donation of $7000  http://www.eaglerivercu.com to the Jane way Children’s Hospital. It is the only one of its kind in Newfoundland and Labrador, and serves sick children from the entire province.  From June to June each year, Eagle River Credit Union staff members sell t-shirts, chocolates, and balloons, and host various other fundraisers in support of the Janeway.  Funds generated are used to purchase new equipment and life-saving technology.

·      One of the groups featured at this weekend’s Evolve festival http://www.evolvefestival.com/  in Antigonish County is the Antibalas Afrobeat Orchestra from New York City  www.antibalas.com This Brooklyn-based cooperative (“anti-bullets” or “bulletproof” in Spanish) has carried the Afrobeat torch ignited by the late Nigerian singer and activist Fela Anikulapo-Kuti. Their sound combines highlife, jazz, funk, and traditional West African rhythms informed with messages of political and spiritual evolution. Antibalas has opened for James Brown, No Doubt, Wyclef Jean, Trey Anastasio and more. They have appeared at many of rock’s best-known venues: Irving Plaza in New York, the Fillmore in San Francisco, and the Metro in Chicago. Elizabeth May will also be featured as a keynote speaker at

·      Credential Direct® was ranked Canada’s Top Online Broker, garnering eight top honours in the Q4 2004 Watchfire GómezPro Canada Online Brokerage Scorecard: #1 Best Online Broker, #1 for Best Cost, #1 for Life-Goal Planners, #1 for One-Stop Shoppers, #2 for Active Traders, #2 for Serious Investors, #2 for Relationship Services and #2 for Ease of Use. Watchfire GómezPro noted that Credential Direct had the tools to appeal to a diverse range of investors. Credential Direct® is owned by the credit union system. To find out more about Credential Direct®, go to https://www.heritagecu.com/SignIn/CredentialDirect

·      The board, management and staff at Valley Credit Union recognize the need to be responsive to their customer-owners.  The environment in which credit unions operate has changed drastically over the past five years and this incredible pace of change is not showing signs of slowing down. Valley Credit Union has chosen to be proactive in dealing with these changes.  The credit union's management will be conducting a customer-owner telephone survey from August 7 through September 15 to ask its customer-owners to provide honest feedback about the service levels of the credit union and the direction it should proceed in the future.  Management is also interested in collecting feedback on the products and services the credit union offers. The surveys are completely confidential and Valley Credit Union is offering three $100 draws for your valuable time and assistance. http://www.valleycreditunion.com/web?service=direct/1/ViewEventCalendar/PortletsRegular/$DirectLink$0&sp=S976

·      The Credit Union Atlantic 13th Annual Fall Classic returns this year, on Thursday October 5th, to Oakfield Golf and Country Club in Oakfield, Nova Scotia. The tournament begins with registration, refreshments and the first opportunity to network with other participants. The day continues with 18 picturesque holes of golf in a shotgun format on the beautiful and challenging Oakfield Golf Course.  Following will be a reception, silent auction, full course dinner and prizes for the top three teams.  This will be an action-packed, fun-filled day of laughter, socializing, fresh air, sunshine and a fantastic opportunity to meet old friends and make new ones all in support of Junior Achievement of Nova Scotia. Credit Union Atlantic is very proud that all funds raised will be used to assist Junior Achievement of Nova Scotia.  Junior Achievement was formed in 1919 and established its first presence in Nova Scotia in 1969 with the assistance and support of the Halifax Board of Trade.  Junior Achievement’s mission is to inspire and educate young Nova Scotians to experience free enterprise, understand business and economics, and develop entrepreneurial and leadership skills.  Each Junior Achievement program introduces students to new career opportunities, while teaching them to think like entrepreneurs. For sponsorship opportunities, please contact Terry Moore at 492-6515. To download a registration form, go to http://www.cua.com/aboutcua/news10.cfm and email completed form to CUAfallclassic@zed.ca, or fax to directly to (902) 422-6715. 

·      Fifteen $500 OMISTA Credit Union bursaries were awarded in June to owners, children of owners, or grandchildren of owners from area high schools or eligible post-secondary institutions. The OMISTA Credit Union Bursary Program is designed to assist students in financial need. Secondarily, bursaries are awarded on the basis of leadership, not only in academic pursuits but also in citizenship and volunteer activities. For more information and a list of winners go to: http://www.creditunion.nb.ca/cu_omista_credit_union.htm.


Expanding Your Back Yard – This week,  a visit to Farm to Table http://www.farmtotable.org/ Through this Web site, you can connect to top New York State farmers and vintners, and find out how and where to buy their products. It introduces you to farmers markets statewide, and great restaurants and stores where you can savor local products. While you’re here, you can read up on important food and environment news from all over the globe.

Governing For Tomorrow  – Good board governance and leadership are key elements when planning for, and maintaining, success in our co-op sector. Each week, we will feature a link to articles focusing on these areas. This week, The Governance Ideabook: First Edition - The principles of good governance practices transcend national boundaries and corporate traditions. This paper examines 12 award-winning case studies in board governance and offers invaluable advice from leading public and private sector organizations. The Conference Board of Canada has led research in governance and board issues for nearly three decades. Two years ago, the Conference Board/Spencer Stuart National Awards in Governance were established to seek out innovations and excellence in board governance, by showcasing leading Canadian examples. http://www.conferenceboard.ca/documents.asp?rnext=403


What is Your Vision Statement?  – This week, Alterna Savings Credit Union in Toronto. Its vision: To be the leader of co-operative financial services. http://www.cscoop.ca/AboutUs/VisionMissionValues.asp This credit union recently presented its first ever Alterna Savings Social Responsibility Award. It went to Christine Anawati, a native of Sturgeon Falls and third-year commerce student at the University of Ottawa School of Management. The award recognizes a student at the School of Management who demonstrates exceptional leadership in social responsibility. Anawati was recognized for her outstanding contribution to the university community through active volunteerism. She led a team that succeeded at raising the number of on-campus volunteers by 50 per cent, training thousands of on-campus volunteers, and compiling a Guide Handbook for upper-year students who help orient new students to life on campus. Send your co-operative or credit union vision statement to News1@nbnet.nb.ca

Co-op 101 Educational Links – Filmmakers’ co-operatives are found in at least three of the Atlantic provinces. Newfoundland Independent Filmmakers Co-op (NIFCO) http://www.nifco.org/about.asp.html was founded in 1975 by a group of filmmakers who wanted to ensure that the means of film production were available to artists working in the province. Situated in historic downtown St. John’s, the Newfoundland Independent Filmmakers Co-operative is an association of independent filmmakers. Members originate and execute film projects using NIFCO equipment and facilities. In addition to these primary objectives, NIFCO also sponsors research projects and publications dealing with film in the province, brings to local audiences a refreshing view of independent film by artists from other areas,  assists members to obtain production financing for their films and works with other artists and arts groups and institutions to encourage the development of indigenous cultural expression; For more information : admin@nifco.org or write: 40 Kings Road, St. John's, NL A1C 3P5 Canada, Phone:(709) 753-6121, Fax:(709) 753-5366.



You CAN Do That the ‘Co-op’ Way - Each week, we will feature a co-operative formed to meet a particular need in communities around the world. This week, from Fairbanks, Alaska, the Golden Valley Electric Association http://www.gvea.com/index.php  incorporated as a nonprofit rural electric co-operative in 1946. Today the co-op serves 90,000 interior residents of Alaska at over 39,590 service locations. Originally the electric co-op was formed to help support the development of the agricultural industry in Interior Alaska. Some of the projects GVEA is currently involved with include an alternative energy working group, which was formed to explore the possibilities for generating alternative energy sources that meet the needs of its members.


Co-op Community Bulletin Board

·      September 7-10 – Atlantic Co-operative Youth Leadership Camp in Cape George, Cape Breton, NS. This seminar is hosted by the East Coast Credit Union. ACYL is for youth between the ages of 16-18. Applications are accepted on a first-come, first-served basis and people are encouraged to register early to avoid disappointment.  For more information, contact Carole Findlay at (506) 862-0737 or leadership@acyl.coop or drop in for a visit at www.acyl.coop

·      September 15-16 – Newfoundland and Labrador Federation of Co-operatives AGM, Baie Verte, NL

·      October 1-3 - National Lending Conference - This event will include keynote speakers, informative workshops and networking opportunities. Once again, the Canadian Credit Union Central will be developing the conference program through the National Lenders Policy Committee to ensure that the content is relevant to credit union leaders. Registration packages were distributed to credit unions in mid-June. For more information please contact Edith Wilkinson at Canadian Central, (416) 232-3421,wilkinsone@cucentral.c

·      October 5-8 – Atlantic Co-operative Youth Leadership seminar hosted by Carleton Co-op in Florenceville, NB. For further information, contact Carole Findlay at (506) 862-0737 or e-mail: leadership@acyl.coop

·        October 15-21 - Co-op Week

·        October 19, 2006 - Credit Union Day

·        Nov. 12 -15, Global Microcredit Summit, Halifax, NS http://www.microcreditsummit.org/

·        Nov. 16-18, Canadian Worker Co-op Federation Annual Meeting, Edmonton, AB, www.canadianworker.coop

Remember to send news items and bulletin board items to News1@nbnet.nb.ca


Contest of the week Announcing Week 36 winner:  Kerniel Aasland  from Alberta .  Kerniel’s name was also drawn from all the July entries as the Lucky winner for the month . Congratulations!! All entries in August will be  added to the Contest Can and the lucky submission for August  will be announced  the first week in  September .. Contest entry deadline each week is Tuesday 12 noon. Send your answer to  contest1@nbnet.nb.ca Week 36 Contest: How is it possible to cut a coin into twelve equal pieces with only four cuts, and without piling any of the pieces onto each other before making the cuts? Answer:  As suggested by our winner,  use three straight cuts to divide the coin into sixes. The fourth cut is a circle, inside the diameter of the coin and done in a way that all the finished pieces are of the same size – although not the same shape – so the circular cut chops the 1/6ths to 1/12ths and would be made at about  7/10ths of the radius of the coin away from the center The exact cut location found using a formula  - radius of cut = square root of (half the area of the coin divided by Pi) This week’s contest: Determine the one word that can be inserted in both spaces in each sentence. The meaning and pronunciation of the word in the two locations are different. Example: The supervisor was asked to ___ the ___ to the retiree  Answer: present

1. She shed a ___ over the ___ in her expensive evening gown.

2. A ___ is a ___ portion of the entire year

3. He ___ a rope around his leg to stop the ___ from bleeding..

4. It was easy to ___ class because the student’s ___ was excellent.

5. The farmer was able to ___ better ___ than anyone else.


It’s Easy to Cook -We would like to include your recipes made with Co-op brand products like Co-op Gold, Market Town and Harmonie. Tell us a bit about why your recipe is a favourite. Those who contribute recipes will be eligible to win a cookbook. Here is a recipe to try with the various fresh greens arriving at Farmers’ markets or in your own garden. I tried it with a local delicacy called samphire greens. Samphire is a leafless plant with dark green or reddish branching stalks that look and taste like seaweed. In fact, it is sometimes mistakenly sold as a seaweed, even though it is a marsh plant native to the coastal areas of the Bay of Fundy. It is usually gathered, and very rarely cultivated, and only the young tender plants are suitable for eating. It has a salty, crisp texture and flavour. The plant should be harvested by breaking or snapping off the stems and not by pulling up the whole plant, which destroys it. For a picture see http://juniormint1.blogspot.com/2006/07/samphire-greens.html

Wilted greens

3 tablespoons olive oil
3 pounds beet greens or spinach, trimmed, washed and torn into 1-inch pieces (or Samphire precooked and cleaned)
1/3 cup white wine vinegar
3 tablespoons granulated sugar
Salt and freshly ground pepper
2 tablespoons unsalted butter

In a large heavy pot, heat olive oil over moderately high heat. Add greens and toss to coat. Add vinegar and sugar. Toss to combine, cover, and simmer for 10 to 15 minutes until tender (less time for Samphire as they are already cooked).  Season to taste, with salt and pepper. Transfer to serving dish and top with butter. If you have a recipe using vegetables picked fresh from your garden, please send it to: cooking1@nbnet.nb.ca


Our Readers Write - Tell us what you think. Send news, events and information for the Co-op Community Bulletin Board. Suggest features you think might be beneficial to people reading Co-op Circles. We want this electronic newsletter to serve you (be sure to include your e-mail and phone number). Send your item(s), comments and suggestions to News1@nbnet.nb.ca  

·      Can you please change my contact info…thanks for this great resource! – L.


Co-op Circles is part of Rising Tide Co-operative’s commitment to the Co-op Principles of Co-op Education and Concern for Community. This electronic newsletter is published every week. It is available free of charge to anyone with an e-mail address and an interest in co-operative and community development in Atlantic Canada and around the world.

We will be happy to put you on our Co-op Circles mailing list. We are proud that co-operators from Canada, the U.S, England, the Philippines, Australia and New Zealand are part of our Circle. To subscribe: coop_circles_subscribe@email.com or to unsubscribe: coop_circles_unsubscribe@email.com Tell your friends about it. Please e-mail us with your questions, suggestions and memories at News1@nbnet.nb.ca.

Next Co-op Circles: Wednesday, August 9, 2006.