Red River Co-op’s yearly equity cheques in the mail

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This article was published 24/02/2023 (1272 days ago), so information in it may no longer be current.

Red River Co-op has sent its annual equity cheques to members.

The yearly cheques are now in the mail and equal $34.1 million in returns across its 319,000 members.

The Co-op’s board of directors has allocated a 6.24 per cent or 10 cents per litre return on gas, two per cent on food purchases and four per cent on the full price of pharmaceutical prescriptions.

Another $4 million in earned equity in 2022 will remain in Red River Co-op members’ accounts.