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newsApr 22, 20261:33

Calgary Co-op AGM: Members Push for Change

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Calgary Co-ops AGM this Thursday faces max capacity, with voting members only. Interest surges amid market challenges and leadership concerns. No permanent CEO since October 2024, with Lisa Swartzman as interim. Store closures, including Hamptons and Sage Hill, spark member unrest. Proposal calls out CEO delay and exec moves, seeking community-focused operator. Financials show sales growth but losses, with liabilities doubling due to long-term debt. Board election results, including former health minister Tyler Shandro, await as members demand transparency.

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Calgary Co-op AGM: Members Push for Change

Calgary News Today | 2 Min News | The Daily News Now!

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Calgary News Today | 2 Min News | The Daily News Now!Calgary Co-op AGM: Members Push for Change. Machine-transcribed; use the interactive transcript above to jump the player to any line.

Calgary co-ops annual General Meeting this Thursday at the carriage house in has hit max capacity, so they're now limiting spots to voting members, who signed up before November 1st, 2025. Interest spiked, big time amid worries about the grocery co-ops edge, and a tough market, and shaky leadership at the time. It's been over 18 months without a permanent CEO, since Ken Keeler bounced in October 2024, with Lisa Swartzman holding it down as, interim, until last November. Meanwhile, they've shut down stores like Hamptons and Sage Hill by end of March, plus Beddington and Village Square, three years back, blaming tough. Economics. Members are fired up, pushing a proposal that calls out the CEO delay, and unchecked exec moves, saying the co-op might be slipping behind in groceries. And drinks. Folks especially missed the two-decade old Hamptons spot, and want another operator to step in for community needs over pure profit. Financials dropped right before the meeting last

year sales climbed to nearly 1.5 billion from 1.3 billion, but they posted over 10 million in losses after prior profits. Liabilities doubled to 633 million, mostly from long-term debt jumping to 378 million. Board election results drop at the AGM-2, with former Alberta Health Minister Tyler Sandro in the mix, so I stay glued as members demand more. Straight talk on steering this ship forward. Stay informed with Calgary News Today, AI-powered updates. I'm Corey, with the story.

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