Co-operatives P1

A Bit More about Co-operatives

What is a co-operative?

A co-operative is an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically controlled enterprise.

How are co-operatives different?

Co-operatives are enterprises that put people at the centre of their business, not capital. Co-operatives are business enterprises and can be defined in terms of three basic interests: ownership, control, and beneficiary. Only in the co-operative enterprise are all three interests vested directly in the hands of the user.

Images courtesy Mark Kmill, Marie Prebushewski, Canadian Co-operative Association, and
International Labour Organization