Democracy Debased

The May 2019 Central 1 Triennial Governance Review report has provoked too little discussion. Unfortunately, it reflects another incremental shift away from models of democratic ownership upon which the co-operative business model is based. This is another step in the effective ‘dis-mantling’ of second tier credit union entities as political agents for credit union members. […]

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Credit Union Technocracy

Technocracy is replacing democracy in our credit union world. The proud claims to consumer co-operative ownership are hollowing. The roles for member-owners and their representatives (elected directors) have narrowed. These changes have political and other implications. Our recent BC Advocacy Day delegation reflected the changing nature of our BC credit union system. Credit union executives […]

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