Federated Co-operatives

Federated Co-operatives Limited
Company typeCooperative federation
IndustryDistribution
Petroleum
Lumber
Founded1944; 80 years ago (1944)[1]
HeadquartersSaskatoon, Saskatchewan
Key people
Heather Ryan, CEO (2022)
Revenue$10.7 billion (2018)
$1.2 billion (2018)
Number of employees
23,000 (2015)[2][needs update]
Websitewww.fcl.crs

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.[3][4] 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,[1] the Consumers’ Co-operative Refinery Limited.[5] Federated had expanded to Manitoba, Alberta, and British Columbia by 1970.[1] Federated Co-operatives is owned by about 160 member co-operatives across the region. Some are large co-operatives, such as Saskatoon 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.[4] In 2010, FCL was the second largest company by annual sales in Saskatchewan.[6] 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.[7]

  1. ^ a b c "History: 1944: FCL's Beginnings". Federated Co-operatives. Retrieved March 5, 2014.
  2. ^ "Co-op Connection". Archived from the original on November 25, 2015.
  3. ^ "Federated Co-operatives Limited". Bloomberg Businessweek. Archived from the original on October 3, 2012. Retrieved June 19, 2015.
  4. ^ a b Stewart, Iain. "Federated Co-Operatives Limited". Encyclopedia of Saskatchewan. University of Regina. Retrieved June 19, 2015.
  5. ^ "History: 1935: Work begins at CCRL". Federated Co-operatives. Retrieved March 5, 2014.
  6. ^ "2011 Top 100". Saskatchewan Business Magazine. Retrieved June 19, 2015.
  7. ^ "Federated Co-operatives sees sales increase". The StarPhoenix. December 18, 2008. Archived from the original on June 1, 2015. Retrieved June 19, 2015.