Thank you for supporting your local Legacy Co-op in 2021!
Your equity allocation is based on your purchases with Legacy Co-op in the 2021 fiscal year. This year the Legacy Co-op Board of Directors has approved allocation of $3,826,474.03 with a cash repayment of $2,118,019.31.
Legacy Co-op recorded its best year financially in its 81 year history. Sales of more than $110 million dollars and earnings of $6,053,000. Strong petroleum sales along with solid agro sales led the way. Food sales levelled off from the record highs we saw in 2020. Inflation had an impact on almost every commodity as costs were rising on fuel, food and agro products. The Board of Directors has determined the allocations for 2021 and this year, commodities were broken down further to provide a better opportunity to allocate to specific commodities.
|Pump Gas ||7.4¢/litre||6.00%|
Our staff has been working hard to get our annual equity cheques delivered to our supportive members. We know this cash repayment is one of the great values of being a Legacy Co-op member, especially with the year it has been. Keep an eye on those mailboxes, cheques are expected mid to late May.
In addition to our equity and cash back, Legacy Co-op was proud to provide support for local community events and initiatives through our member relations, donations, and community support funds of more than $185,000.
We thank you for your support.