Federated Co-operatives

rdf:langString Federated Co-operatives

rdf:langString Federated Co-operatives Limited

rdf:langString Federated Co-operatives Limited

rdf:langString Petroleum

rdf:langString Lumber

rdf:langString Heather Ryan, CEO

rdf:langString Saskatoon Co-op Logo.svg

rdf:langString Federated Co-operatives Limited (FCL), operating as Co-op, is a co-operative federation providing procurement and distribution to member co-operatives in Western Canada. It was established in 1944 after a series of amalgamations of smaller cooperatives, starting in Saskatchewan, including the Saskatchewan Co-operative Wholesale Society and a fuel production and distribution co-op, the Consumers’ Co-operative Refinery Limited. Federated had expanded to Manitoba, Alberta, and British Columbia by 1970. Federated Co-operatives is owned by about 160 member co-operatives across the region. Some are large co-operatives, such as Saskatoon Co-op and Calgary Co-op, while others are small co-ops based in small towns, such as Abernethy Co-op. In 2009, FCL was ranked as the largest co-operative in Canada by total sales. In 2010, FCL was the second largest company by annual sales in Saskatchewan. During that year, it earned revenues of 498 million and returned $355.7 million to its member retailers. In 2008 Federated Co-operatives saw sales increase and posted its 37th record year in a row for both sales and profits.