Previously we’ve talked about the important role co-operatives might play in succession planning for rural businesses as baby boomer business owners begin to retire. The same is true for the preservation of rural infrastructure. Many communities across Canada are experiencing gradual declines and aging populations. As workforces dwindle and young people leave rural lifestyles for the appeal of urban centres, the incentive for businesses and governments to invest in rural areas declines.
Fortunately, Canada’s rural communities are resilient, and there’s a long history of Canadians telling government and big business ‘no thanks, we got this.’ From the early establishment of the grain pool system and co-operative refinery to modern co-op investments in business, housing, people, and infrastructure, rural communities are experts at co-operating to overcome challenges through local solutions.
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