Allan Demchuk (right) received his equity cheque from Gateway Co-op General Manager Brad Chambers during Co-op Equity Days at the Food Store in Canora on June 11. The total allocation distributed was just over $429,000 in equity and cash back, since 30 per cent is being paid in a general repayment and then the balance is left to build the members’ equity.
During the 2024 fiscal year, Gateway paid nearly $730,000 in cash back to the members. The equity distributed amounts to nearly $183,000, which is not included in the cash back amount.
Rocky Neufeld/Canora Courier
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