Cheque Your Mail: $32M in Red River Co-op Equity Hitting Mailboxes

Cheque Your Mail: $32M in Red River Co-op Equity Hitting Mailboxes

Red River Co-opHopefully it’s a payday for you!

Red River Co-op has begun disseminating $32 million in equity cash payouts to its members.

The co-operative brought in sales exceeding $578 million last year with net profits of more than $33 million.

Members benefit from a 6.25% return on fuel purchases, 5% on pharmacy purchases, and 2% on food purchases.

Nearly 235,000 equity cheques are being issued averaging about $140.22 each. Members can expect their cheque to arrive as early as today.

Red River Co-op plans to open up a new cardlock in Winnipeg this March in the Waters Business Park on Dugald Road and construction will begin in the spring on a new gas bar, convenience store and car wash on Ness Avenue.


Pssst, while you're here... is Winnipeg's only independent digital news outlet, producing reliable journalism and localized content since 2007. As we grow as a company, so do our expenses into creating the news, sports and entertainment coverage you've come to expect from us. We ask that if you enjoyed reading this article that you consider making a small donation towards our efforts. It would be greatly appreciated in helping us reinvest to expand our reach and hire additional freelance reporters and photographers. Thank you!

Support ?

Sports Highlights