New provincial budget receives mixed bag of reactions Saskatchewan's 2026-27 provincial budget posts $819.4 million deficit Saskatchewan Premier loses a few points in latest approval survey Laundry list of weapons confiscated in wake of Saskatoon arrest

A Record Year for Federated Co-op

Dec 20, 2018 | 4:06 PM

Federated Co-op has recorded a $1 billion dollar profit in 2018.
FCL says the billion dollars is a record and was driven by exceptional market conditions in the energy sector.
Federated Co-op adds it will share majority of the profits with local co-ops in western Canada. $789 million dollars will be returned to more than 170 independent retial co-operatives that are FCL’s members and owners.
FCL CEO Scott Banda says the results are above and beyond anything that they anticipated and that they’re not expecting the same exceptional results in 2019 due to new policies and market conditions.

Saskatoon Weather

Studio/Text Line

306-938-0600

Toll Free Line

800-667-3727

ON AIR NOW:

Call For Country

6:00 PM - 9:00 PM

Have Your Say

Do you think there should be a change to the traffic bylaw in Saskatoon creating tougher penalties and stiffer fines in relation to bridge and overpass impacts?

Yes