U of Winnipeg creates “Chair in Co-Operative Enterprises”
WINNIPEG, MB - It was a simple idea born in dire times, during the upheaval of the Industrial Revolution in 1844 England: could ordinary people pool their resources to their mutual benefit? That idea led to a global co-operative movement, with the first member-owned credit union appearing in Manitoba in St. Malo in the 1930s. Today, there are more than 350 Manitoba co-ops serving 800,000 members in all facets of life from grocery stores to financial services to gas bars.