2020 Business and Financial Update

You’re local, we’re local. And we’re all in this together. We like to say that we are “Together for Good”.

The past year was one like no other. Together, we have been navigating the COVID-19 pandemic, ensuring the safety and comfort of our team members, members and the community as a whole.

Last spring, we quickly implemented programs like our Calgary Co-op Champions program, which offered increased wages to our frontline staff at the onset of the pandemic and delivered more than 2,800 care packages to those in need through our Calgary Co-op Cares program.

Together, with the generosity of our members, we contributed $2.2 million in food and funds to local organizations to address food security.

Today, we’re proud to be supporting the rollout of the COVID-19 vaccine at fourteen of our pharmacy locations.

On the business front, we created a new flyer and launched two new private brands, Cal & Gary’s™ and Founders & Farmers™. We hope our famous “Calgaryisms” on the Cal & Gary’s packaging have given you a smile, when you needed it the most.

We know this year has been challenging for everyone, but we couldn’t be more proud of  what we have accomplished together. “Together for Good” isn’t just something we say, it’s something we do, each and every day.

2020 Calgary Co-op Business & Financial Update

2020 Member Patronage

Calgary Co-op members received $24.5 million through the annual member refund: $6.3 million was paid in share equity and $18.2 million was paid in cash.

The 2020 annual member refund was based on the following:

 - 2% refund based on purchases at food centres, pharmacies, convenience stores, home health care centres, wine, spirits and beer and cannabis locations (with the same allocation rate as in 2019); and

 - 4 ¢ per litre refund based on petroleum fuel purchases.

Annual Reports

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