Week of Aug. 6 – Aug. 12, 2006, Vol. 1, No. 38
Edited and Compiled for you, by Rising Tide Co-operative Ltd.
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Openings – “If he thinks about it at all, he will soon discover that his problems will be solved when he solves them and not until then. He will realize that devoting his spare time to study and the creation of institutions that minister to his needs are as much his business as any other activities of his life. There is no royal road to his better world. It involves hard work and the use of his intelligence.” – From The Study Club Way of Adult Learning, published by the St. Francis Xavier University Extension Department, 1939. 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
· Reddy Kilowatt Credit Union in St. John’s, NL, is celebrating 50 years of service to its member-owners in 2006. As a credit union, it has grown from $85 in assets to more than $17million today. It has been a year to celebrate with special thank yous to current and past directors and committee members and area representatives, who volunteer their time and expertise. It has also been a year to thank = management and employees, past and present, particularly Jeff Cook, who was manager for more than 20 years. Special contests, celebration events and articles about the many successes that Reddy Kilowatt has experienced over the years are being highlighted. http://www.reddyk.net/
· Nova Scotia credit unions are champion sponsors of the Nova Scotia Hearing and Speech Charity Classic golf tournament. This annual tournament is the primary fundraising tool for the Nova Scotia Hearing and Speech centers. It annually raises close to $60,000 which is used by the Nova Scotia Hearing and Speech Foundation to assist these Centres throughout the province, with their expenses. They are located in 29 communities and serve 100,000 Nova Scotians of all ages who face communication difficulties due to hearing, speech or language impairment. http://www.ns-credit-unions.com/default.asp?mn=1.20.39
· Mountain Equipment Co-op (MEC) has published its most comprehensive report to date on its ethical sourcing program. The 2005 Ethical Sourcing Report marks another step towards transparency and explains how the outdoor retailer intends to influence sourcing practices in Canada and beyond. “Our goal in the Canadian setting is to move the discourse beyond policing and auditing to the causes of non-compliance,” said CEO Peter Robinson. “The report speaks directly to these larger issues.” MEC conducted 27 factory audits of its house-brand contract factories in 2005. The audits revealed a total of 218 deficiencies; over half concerned health and safety issues. Wages and benefits and a category that includes lax enforcement and ignorance of standards and regulations were other major areas of deficiency. In 2005, MEC-brand products were manufactured by 63 factories in 17 countries. Canadian factories produced 42.5 per cent of MEC-brand goods and accounted for approximately 16 per cent of deficiencies.
· Presentations and other material from the National Community Investment and Corporate Social Responsibility Forum, held May 31 – June 2 in Winnipeg, have been posted to the Community Involvement section of the Canadian Co-operative Association’s website at www.CoopsCanada.coop/issues/community.html. The forum, entitled Working Together to Make a Difference, brought together representatives from co-operatives, credit unions, and community investment organizations from across Canada to explore opportunities for leadership and collaboration to build stronger communities.
· Co-operators General Insurance Company announced its second quarter financial results. For the period ending June 30, a consolidated after-tax net income of $49.6 million was reported compared with the $32.4 million profit for the same period in 2005. “We are pleased with our continuing strong financial performance and we are well positioned to absorb what we expect to be an active summer storm season,” said Kathy Bardswick, president and CEO of The Co-operators. “Our balance sheet is strong and we note that we have now surpassed the $1 billion mark in total capitalization.”
Expanding Your Back Yard – This week, The Future of SRI by Coro Strandberg http://www.corporateknights.ca/content/page.asp?name=coro_strandberg – Has there been progress toward sustainability in the socially responsible investing industry?
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, Member Linkage:
What is Your Vision Statement? – This week, from the Newark Community Cooperative in New Jersey: We, the members of the Newark Community Cooperative, seek to be a community that is human, healthful, and responsible, that is based on ecological, holistic, and cooperative principles, and that supports each of us as independent, free-thinking members of a democratic organization. Cooperation is the key. http://www.newarknaturalfoods.com/aboutus/vision.html
Send your co-operative or credit union vision statement to News1@nbnet.nb.ca
Co-op 101 Educational Links – This week, some interesting information about our forests from Co-op America. It is a not-for-profit membership organization founded in 1982. Its mission is to harness economic power—the strength of consumers, investors, businesses, and the marketplace—to create a socially just and environmentally sustainable society. http://www.coopamerica.org/programs/woodwise/
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 Camden, Arkansas, the Ouachita Electric Co operative http://www.oecc.com/content.cfm?id=2046. Approximately 440,000 homes, farms, businesses and industries are served by the 17 electric distribution cooperatives in Arkansas, which provide affordable, dependable electricity.
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 firstname.lastname@example.org or drop in for a visit at www.acyl.coop
· September 15-16 – Newfoundland and Labrador Federation of Co-operatives AGM, Baie Verte, NL
- 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,October 1-3 - National Lending Conference
· 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: email@example.com
· 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 – We had no correct entries last week! 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 firstname.lastname@example.org Last 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.
1. She shed a tear over the tear in her expensive evening gown.
2. A minute is a minute portion of the entire year
3. He wound a rope around his leg to stop the wound from bleeding.
4. It was easy to conduct class because the student’s conduct was excellent.
5. The farmer was able to produce better produce than anyone else.
This week’s contest: From the following facts, determine which person will be 50 years old today - Frank’s mother, Mary, owns a computer. Martha, Bob’s mother, has blue eyes. Frank is Bob’s son. Bob was born in the forties.
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. Now that fresh carrots and cabbage are making an appearance, here are a couple of variations on the regular carrot and cabbage coleslaw.
3 cups coarsely shredded green cabbage 750ml
1 cup coarsely shredded red cabbage 250ml
1 cup sliced celery 250ml
1/2 pkg (200g) sliced Canadian Swiss cheese
1/4 cup each chopped green onions and parsley 50 ml
1/2 cup mayonnaise or salad dressing 125ml
1/2 cup sour cream 125ml
salt and pepper
Method: In large salad bowl, combine green and red cabbage, celery, Swiss cheese, onions and parsley. In small bowl, stir together mayonnaise and sour cream. Pour dressing over cabbage mixture and toss well to coat. Season with salt and pepper to taste. Chill 1 hour to blend flavours. Makes 6 servings
Poppy Seed Honey
Dressing on Coleslaw
1/4 cup cider vinegar
1 cup mayonnaise
1/3 cup poppy seeds
1/3 cup honey
2 teaspoons kosher salt
1 teaspoon freshly ground black pepper
1 medium cabbage, cored, finely shredded
2 large carrots, peeled, julienne
1 bunch scallions, thinly sliced
1/2 cup finely minced parsley leaves, optional
4 Fuji apples, peeled, cored, julienne
Prepare the Poppy Seed Dressing. In a medium bowl, combine all the ingredients together until well blended. Set aside. Prepare the salad. In a large bowl, combine the cabbage, carrots, scallions, parsley, and apples. Pour in the reserved dressing and toss until well blended. Refrigerate at least 1 hour before serving, mixing the salad at least once to evenly distribute the dressing. If you have a recipe using vegetables picked fresh from your garden, please send it to: email@example.com
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Next Co-op Circles: Wednesday, August 16, 2006.