The Common Share
Welcome to The Common Share, a podcast about the opportunities and challenges of developing co-operative businesses. The Common Share is produced by Co-operatives First, a business development organization that increases awareness and understanding of the co-op business model and supports co-operative business development in rural and Indigenous communities across western Canada.
The Common Share
Co-ops, fiduciary duties, and the case of MEC
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Co-operatives First
In this episode, we talk to Dr. Anna Lund about what fiduciary duties are, what they mean for co-ops, and take a deep dive into the decisions made by the board of Mountain Equipment Co-op. Dr. Lund is a law professor at the University of Alberta who studies insolvency and bankruptcy law, and gives an insightful look at some key concepts for co-op boards.