
Government of Canada recognizes national historic significance of the Co-operative Union of Canada - the first organization to unite and represent Canadian co-operatives Français
HAMILTON, ON, June 13, 2025 /CNW/ - On June 6, Parks Canada commemorated the national historic significance of the Co-operative Union of Canada (CUC) by virtually unveiling a plaque to be installed in Hamilton, Ontario. The announcement was made on behalf of the Minister responsible for Parks Canada, the Honourable Steven Guilbeault, Minister of Canadian Identity and Culture and Minister responsible for Official Languages. Additionally, Co-operatives and Mutuals Canada, the national association representing the co-operative and mutual sector, held a special in-person unveiling of the plaque during their annual congress in Regina, Saskatchewan, from June 10 to 11, 2025. This event highlights the enduring influence of the co-operative and mutualist movement—which brings together member-owned organizations that operate for the mutual benefit of their members—that the Co-operative Union of Canada helped to shape.
The Co-operative Union of Canada was a trailblazer in uniting co-operatives across the country and amplifying their interests on the national stage. Founded in Ontario in 1909 by advocates of the co-operative movement, it was primarily a consumer pressure group before the First World War. In 1944 the CUC convinced the federal government to improve tax changes that would have been damaging to co-operatives. In 1970 it successfully lobbied the federal government to pass the first federal co-operative legislation, the Canada Cooperative Associations Act.
By 1984, the CUC had become a national organization focused on promoting government relations with the co-operative community, coordinating shared interests among co-operatives, leading communication and promotion of co-operative activities, and advancing international co-operative development. This historic designation honours not only the organization's legacy, but the enduring power of co-operatives in building stronger communities in Canada and around the world.
The Government of Canada, through Parks Canada and the Historic Sites and Monuments Board of Canada, recognizes significant people, places, and events that shaped this country as one way of helping Canadians connect with their past. By sharing these stories with Canadians, we hope to foster understanding of and reflection on the diverse histories, cultures, legacies, and realities of Canada's past and present.
The designation process under Parks Canada's National Program of Historical Commemoration is largely driven by public nominations. To nominate a person, place or historic event in your community, please visit the Parks Canada website for more information: https://www.pc.gc.ca/en/culture/clmhc-hsmbc/ncp-pcn/application.
Quotes
"From its founding in 1909 to its advocacy for landmark legislation, the Co-operative Union of Canada helped shape a more equitable and collaborative Canada. Historic designations reflect Canada's rich and varied history, and I encourage all Canadians to learn more about the Co-operative Union of Canada and its important contributions to our shared heritage."
The Honourable Steven Guilbeault,
Minister responsible for Parks Canada, Minister of Canadian Identity and Culture and Minister responsible for Official Languages
"Parks Canada's commemoration of the Co-operative Union of Canada reflects our nation's commitment to honouring the legacy of community-driven organizations that have shaped our history, reinforcing the enduring power of co-operatives in building stronger, more inclusive communities across Canada."
The Honourable Aslam Rana,
Member of Parliament for Hamilton Centre
Quick Facts
With the goal of giving back to the community in which it operates, a co-operative is an organization owned by its members that share similar economic, cultural and/or social needs.
Founded in 1909 with support from five co-operatives in Ontario and Nova Scotia, the Co-operative Union of Canada was the first national organization to unite and represent Canadian co-operatives.
Created in 1919, the Historic Sites and Monuments Board of Canada advises the Minister responsible for Parks Canada on the national significance of persons, places, and events that have marked Canada's history. To date, more than 2,270 designations have been made nationwide.
Together with Parks Canada, the Board ensures that subjects of national historic significance are recognized under Parks Canada's National Program of Historical Commemoration and these important stories are shared with Canadians.
Parks Canada is committed to working with Canadians in our efforts to tell broader, more inclusive stories in the places that it manages. In support of this goal, the Framework for History and Commemoration outlines a comprehensive and engaging approach to sharing Canada's history through diverse perspectives.
Related Links
Parks Canada
Historic Sites and Monuments Board of Canada
SOURCE Parks Canada (HQ)
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Winnipeg Free Press
11 hours ago
- Winnipeg Free Press
Rejecting Trump's rhetoric, Maine's governor heads to Maritimes to build ties
HALIFAX – Maine's governor is heading to the Maritimes next week with hopes a charm offensive will slow the rapid drop in Canadian tourist visits to her state. In a release issued Friday, Janet Mills says she's aware the historically close relationship between New England and its northern neighbours has been challenged by U.S. president Donald Trump's tariffs and his rhetoric about Canada becoming the 51st state. According to U.S. federal border crossing data released Friday, 85,000 fewer Canadians entered Maine in May than in the same month a year ago, a drop of about 27 per cent. The governor says she will spend three days meeting with premiers, appearing in local media and visiting businesses in hope of sending a message that Maritimers remain 'welcome in Maine' despite Trump's trade policies. On Monday, the governor will stop in Saint John, N.B., where she intends to visit businesses with links to Maine and she then will travel to Fredericton to hold talks with New Brunswick Premier Susan Holt. On Wednesday, Mills will meet with Nova Scotia Premier Tim Houston in Halifax and tour a marine technology centre. Last month, the governor unveiled new, bilingual signs welcoming Canadian visitors, which are being placed in windows around the state. On June 13, in her weekly radio address, Mills said she wants to ensure the 'historic friendship and deeply intertwined economies last for generations to come.' 'It's not just our economies – we are connected so deeply by mutual economic advantages and on centuries-old familial, cuisine, language, and cultural bonds that far supersede politics,' she told her listeners, reminding them that Canada is the United States' closest and most important trading partner. The Democratic Party member said Trump's 'roller coaster tariffs' are unsettling business in her state and 'making our Canadian neighbors feel unwelcome in the United States.' In 2024, nearly 800,000 Canadian visitors spent approximately US$498 million in Maine, according to the state's Office of Tourism. Overall, the data showed Maine welcomed 14.8 million visitors, who spent more than US$9.2 billion, supporting 115,900 jobs and generating US$5.4 billion in wages. This report by The Canadian Press was first published June 21, 2025.


Calgary Herald
18 hours ago
- Calgary Herald
Opinion: How Mark Carney is offering CEOs a chance to rebuild trust with Canadians
After last month's throne speech, Bloc Québécois leader Yves-François Blanchet lamented that he feels Prime Minister Mark Carney 'sees himself culturally as the CEO of Canada.' With his background in corporate finance, it's no surprise Carney has been likened to a stereotypical finance boss. Article content But is bringing CEO-type leadership to the federal government a bad thing, particularly at such a precarious moment for our country economically? Article content Article content Article content Canada has been starved of this style of leadership. But this goes beyond a culture change in Ottawa. Carney is also opening the door for CEOs to take on critical leadership roles in the execution of his agenda. With his aggressive economic development platform and the charge to 'build, baby, build,' our prime minister has turned on the CEO bat signal. Article content Article content Not since the depths of the pandemic has business had such an extraordinary opportunity to contribute to the greater good, and for CEOs to offer leadership that offers impact well beyond their workforce. Article content However, the unfortunate reality is that Canadians don't trust their business leaders. The latest Edelman Canada Trust Barometer results, released in March, revealed that only 37 per cent of Canadians trust business leaders — 16 points lower than the average of the 28 countries the firm studies, ranking them near the bottom of that list. Article content Article content How have our business leaders run so afoul of Canadians? Rationalizing food inflation in front of a parliamentary committee doesn't help, nor does the massive gap between CEO compensation and that of the average worker. It also doesn't help that two-thirds of Canadians feel business leaders are actively trying to mislead them, according to the recent Edelman study. Article content This crisis of trust is made worse by the fact that most Canadians feel the system is failing them — that no matter how hard they work, the next generation will not be better off. Business leaders have become a lightning rod for that grievance. Article content It is in this context that CEOs are trying to make sense of the role they should play in a country that needs more from them. And they should play a role. While there have been some well-documented missteps that have led to this extraordinary level of distrust, for years the data has pointed to a growing expectation that they step up and step into the current void.

a day ago
Nearly half of national public pension plan is invested in U.S. — and only 12% in Canada
As a former top Finance Department official, Susan Peterson played a key role years ago in creating the stable Canada Pension Plan that we see today. But even she was surprised by the numbers. A few weeks ago, the Canada Pension Plan Investment Board (CPPIB) revealed that 12 per cent of the CPP's assets are invested in Canada — its lowest level ever. The largest chunk of its $714-billion fund, 47 per cent, is currently invested in the United States — its highest level ever. Peterson doesn't think she's the only one surprised. If Canadians knew out of the $714 billion such a miniscule amount was invested in Canada, I think they would say, whoa, what's wrong with this picture. The CPPIB is not alone. Experts say the Canada Pension Plan (CPP) is one of several Canadian pension plans that have been investing far more in the U.S. than in Canada in recent years. The CPP, whose investments are managed by the CPPIB, also known as CPP Investments, is a public pension plan that covers millions of Canadian workers across the country with the exception of Quebec, which has its own manager, the Caisse de dépôt et placement . Those who support this high level of U.S. investment, including the CPPIB itself, argue the plan's mandate is to make money. They argue U.S. investments offer more diversity and higher returns — which help ensure the plan will be able to pay out benefits for years to come. Others, however, question why the plan isn't doing more to invest in Canada to create Canadian jobs and infrastructure projects. Enlarge image (new window) Annual reports for 2005 and 2006 did not include geographical distributions outside of Canada. Photo: Canada Pension Plan Investment Board Elizabeth Thompson They are also concerned about the plan's U.S. exposure at a time when President Donald Trump's administration has made the country a riskier place to invest. The Trump administration's big, beautiful tax reform bill also contains a section that risks hitting Canadian pension funds (new window) that have U.S. investments with a new withholding tax that experts predict could cost Canadians and Canadian companies billions if it is adopted. Some pension funds, like the Public Sector Pension Investment Board which has 41 per cent of its assets invested in the U.S., have said in recent days that they are reconsidering their U.S. exposure and are looking for more Canadian investment opportunities. Michel Leduc, head of public affairs and communications for the CPPIB, says it has to invest for the long term, regardless of individual governments or administrations. We're investing money for people who aren't even born yet, he said. That long-term thinking must be the strongest pillar of how we think about our investment strategy. But he says the CPPIB at the same time isn't short-term stupid. We're continuing to think through what could be some of the bigger impacts, he said. Leduc said the U.S. percentage has grown even though the fund has been diversifying away from the U.S. because the existing investments have grown in value. U.S. stocks have gone up, he said. It's just because we make good investments. Time to invest at home again? The CPPIB is also open to Canadian investment opportunities, Leduc said. Prime Minister Mark Carney has announced plans to invest and build in Canada. He has mentioned pension funds as one possible source of money. Finance Minister François-Philippe Champagne said the government also plans to host foreign pension funds interested in investing in Canada. People see Canada as the place to invest, Champagne told CBC News. So, we'll always be talking to them and investors from around the world. There was a time when the CPP primarily invested in Canada. Initially, it was operated as a pay-as-you-go model with investments in Canada, largely in government bonds. However, in the late 1990s the pension plan was facing a crisis — Canada's chief auditor predicted that it would run out of money by 2014 unless something was done. Spearheaded by then finance minister Paul Martin, and aided by officials like Peterson, the federal government and provinces agreed to a package of reforms, including the creation of the CPPIB. While the CPPIB is a Crown corporation, it operates independently from government. For years, a foreign property rule capped the amount pension funds could invest outside Canada. Introduced in 1971, it limited investments by pension funds to 10 per cent of their assets going abroad. That was raised to 20 per cent in the 1990s and then 30 per cent in 2001. In his 2005 budget, Finance Minister Ralph Goodale repealed that rule, saying the move had the potential to increase venture capital investments by pension plans in Canada. Since then, there has been a steady reduction in the value of CPP's investments in Canada and a steady rise in U.S. investments. U.S. stocks rise in value In 2005, 74 per cent of the CPP's assets were invested in Canada. By 2015 it was down to 24.1 per cent. For the last two years it has stood at 12 per cent. At the same time, the plan's assets have grown — from $81.3 billion in 2005 to $714 billion on March 31. Its assets are projected to hit $1 trillion in the next few years, making it one of the largest pension plans in the world. However, as the proportion of the CPP's investment in Canada has dropped and its assets in the U.S. has increased, so too have questions about where the money is going. In March 2024, dozens of top Canadian executives penned an open letter to Finance Minister Chrystia Freeland and provincial finance ministers, concerned with the decline in Canadian investments by pension funds and its impact on the Canadian economy. They called on the ministers to amend the rules governing pension funds to encourage them to invest in Canada. Investments made in Canada do not impact just pension portfolios; they also have a considerable impact on the country's economy; generating jobs, improving incomes and increasing contributions to retirement plans, the executives wrote. In April 2024, the federal government appointed former Bank of Canada governor Stephen Poloz to look at how to catalyze greater domestic investment opportunities for Canadian pension funds. That resulted in proposals in the fall economic statement including measures to make it easier for pension funds to invest in Canadian companies, municipal-owned utility corporations, airports and AI data centres. Daniel Brosseau, co-founder of the Montreal investment firm Letko Brosseau, is concerned by the long-term erosion in Canadian pension fund investment in Canada and its impact on the economy. It's been a long-term decline, and we're basically investing very little in Canada now, he said. Brosseau doubts the measures in the fall economic update will make much of a difference. They don't allow the pension funds to distinguish between a Canadian and a foreign investment in any way, he said. They will have no effect. Instead, Brosseau suggests the government tax the foreign income of pension plans. They could clearly see a difference between a Canadian investment and a foreign investment, and that would change their behaviour, he said. Chris Roberts, director of social and economic policy for the Canadian Labour Congress, says the CPP's role in the Canadian economy is an important debate that is about to heat up — and he wants all Canadians to participate. These are people who pay into the CPP every day and will draw a CPP benefit when they retire, he said. They're often of the view that the CPP Investment Fund should invest more at home and create jobs and economic opportunities here in Canada. Lessons from Quebec Unlike Quebec's Caisse , which has a double mandate to make money and to also invest in Quebec's economic development, the CPP's only mandate is to make money, Roberts said. Sen. Clément Gignac, an economist by profession and a former Quebec cabinet minister, has asked questions in Senate proceedings about where the CPP is investing. He says Quebec has successfully made money for the province's retirement fund while also bolstering economic development. Gignac said Carney's pledge to invest in infrastructure could create opportunities for the CPP and other pension funds to invest in Canada. Do we need to change the mandate officially, or will it come naturally? he said. Gignac would like a Senate committee or a special commission to take a closer look at how Canada's largest pension plans, dubbed the Maple Eight, are investing their assets abroad. If anything happens and geopolitics deteriorate, or we have a hostile foreign country who suddenly seize our assets, just like we have seized assets from Russia … or change the rules of the game on taxation, just like Mr. Trump wants to change them — it would be important if we have a robust risk-management analysis. Trish McAuliffe, president of the National Pensioners Federation, said her members would like to see prudent, ethical investment by the CPPIB as well as increased investment in Canada. We love nothing better than to see great investments here…. investments in infrastructure, hospitals. Things that will benefit our age demographic but also our community at large, she said. McAuliffe said the federation attends stakeholder meetings with the CPPIB, and while at the early stages, she expects the question will be part of the federation's convention in October. We're hopeful … that they're going to make the right decisions, she said. But make no mistake — people are watching. Elizabeth Thompson (new window) · CBC News