During the month of October in the United States the cooperative way of doing business is formally celebrated. The theme adopted in the U.S. is " Cooperatives: Owned by Our Members Committed to Our Communities."
People from every type of cooperative celebrate their achievements, reaffirming their commitment to the values that are the foundation of cooperative enterprise, and look to the bright future that cooperatives will help create.
The cooperative form of business is intrinsic to North American private enterprise and our national economies. The lives of more than 100 million Americans are improved by more than 48,000 cooperative private businesses that generate more than $500 billion in annual economic activity. In Ontario, there are approximately 1,400 co-operatives and credit unions, over 9,000 employees, assets over 17 billion and almost 2 million members, according to Bill Davisson, GROWMARK chief executive officer.