annual-report-2016

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Message From The President

“While it is challenging, and sometimes a little unnerving, to ride the waves of resource-driven, boom-bust cycles, Federated Co-operatives Limited (FCL) and the Co-operative Retailing System (CRS) must take a leadership role to help our local economies grow.”

- Dusty MacDonald, President

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Message From The CEO

“When most other organizations are pulling back and reducing operations, Co-op continues to invest in our home communities in Western Canada. We can attribute this to the diversity and long-term outlook of our organization, the resiliency of our retail co-operative member-owners and our ability to work together as a federation of co-operatives.”

- Scott Banda, CEO

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About FCL

Federated Co-operatives Limited (FCL) is a diverse business operating in the agriculture, food, energy and building sectors. Based in Saskatoon, Sask., FCL is owned by independent retail co-operatives from across Western Canada that are committed to local investment, community mindedness and lifetime membership benefits. FCL is involved in wholesaling and manufacturing, including refined fuels and lubricants. It also provides administrative and marketing support to its member-owners. FCL is one of Saskatchewan's top employers and Canada's greenest employers.