NEW RESEARCH SHOWS THE ECONOMIC IMPACT OF CO-OPS IN MANITOBA
This research was made possible through the Manitoba Cooperative Community Strategy partnership of the Manitoba Cooperative Association, the Economic Development Council of Manitoba Bilingual Municipalities and the Government of Manitoba.
Fiona Duguid, George Karaphillis and Alicia Lake's research presents an analysis of the economic impact of the sector using the input / output economic model and data collected from various sources. This paper will demonstrate that the total impact of the sector in Manitoba is equal to $1.7 billion in value-added GDP or 3.25% of the total economy. It also creates employment for almost 20,000 people in the province and contributes over $830 million in household income and over $530 million in total taxes paid.
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