Winnipeg Free Press - ONLINE EDITION
Posted: 02/5/2014 9:03 AM | Comments: 0
The Red River Co-op cheques are in the mail!
This morning, the local petroleum company announced record numbers for the 2013 period, with sales topping $571-million and a net profit of over $69-million. Those lofty totals represent the greatest sales totals in the Winnipeg-based petroleum cooperative’s 76-year history.
With this success, the board of directors at Red River Co-op approved an 11.68 per cent allocation of purchases, meaning that more than 225,000 Manitobans will receive some money back per the terms of their membership.
Red River Co-op expects to distribute $54.9-million to its membership this week. The average rebate cheque will be $243, the company said in a release.
In the past five years, Red River Co-op has returned over $200.3-million to its members.
Have you found an error, or know of something we’ve missed in one of our stories? Please use the form below and let us know.
Having problems with the form?Contact Us Directly
Dalnavert to reopen as support centre
Crown defends pursuing circumstantial case
Cold increases threat of ice jams on river
No paper Friday
They’re playing our song
Girl mauled to death on way home
Students in state of shock
Four Mo years
Judge's decision makes history
Rooming-house fire kills elderly man
More properties exempted from water charges
No appropriate space for senior