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Otter Co-op returning over $5.9 million of profits to members in cash and equity for their 2021 purchases

Otter Co-op returning over $5.9 million of profits to members in cash and equity for their 2021 purchases

Otter Co-op returning over $5.9 million of profits to members in cash and equity for their 2021 purchases

As we celebrate 100 years, Otter Co-op is excited to announce that we are returning over $5.9 million of our profits to our members in cash and equity for their 2021 purchases. The patronage allocation was announced at our Annual General Meeting held June 1, 2022. 
Despite the economic turmoil caused by the global pandemic and market for fuel Otter Co-op had a very successful year of growth, ending with record sales. We are proud to continue to give back to member/owners with cash that goes right into their pocket and help stimulate the local economy. In addition to our regular $450,000 in annual donations, scholarships and sponsorships the board has also approved 100 - $1000 community donations to non-profits.  

A detailed copy of our annual report can be found on our website at www.otterco-op.crs.  

Currently cheques are planned to be mailed in November to coincide with Giving Tuesday. 

Thank you for supporting our different kind of business, owned by you!

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