Annual General Meeting of CCWG
|Recent Past AGM's|
For further information please contact:
Donna Zeman, Executive Director
Canadian Co-operative Wool Growers Limited
Box 130, Carleton Place, Ontario K7C 3P3
Tel: (613) 257-2714 ~ Fax: (613) 257-8896
The 97th Annual General Meeting of the Canadian Co-operative Wool Growers Limited will be held at the Canadian Golf & Country Club, 7842 Hwy 7, Ashton, Ontario K0A 1B0 on October 24th, 2015 at 2:30 pm.
CCWG Wool Industry News 2015
CCWG recently held Management and Board of Director meetings at the 97th Annual General Meeting in Carleton Place, Ontario on October 22nd – 24th, 2015.
The 2015 elected Board of Directors are as follows:
President - David Mastine, St. Felix de Kingsey, QC
1st Vice President - Brian W. Greaves, Miniota, MB
2nd Vice President - Lee Sexton, Hanley, SK
- John D. Woodburn, Grimshaw, AB
Additional Directors on the Board are as follows:
Ruth Mathewson, Central North River, NS (Audit Committee)
Ward Harden, Fir Mountain, SK (Audit Committee)
Roma H. Tingle, Prince George, BC (Audit Committee)
Dwayne C. Acres, Osgoode, ON
Warren L. Moore, Stavely, AB
Allan Ribbink, Tiverton, ON
For the fiscal year ending February 28, 2015 the co-operative recorded gross sales of almost 9.2 million which represents an increase of 12.5% from the previous year. Net income increased by 41% mainly due to strong financial performance from the company’s retail division.
The Board of Directors have authorized a dividend payment of 7% to the shareholders of record date December 31, 2014. The company has always paid a dividend and it has been 7% annually since 1999. The Shareholder Wool Shipper Loyalty Reward Program (SWSLRP) will be at the rate of 7 cents per pound on the 2014 wool clip. Full details of these programs can be found on the company website www.wool.ca. Wool volume increased by 2.5% from the previous year. This increase is thought to be mostly attributable to some stored wool coming into the market place.
In other news, a thorough review and evaluation of the company’s long term strategic business plan was completed by the Board of Directors and Management team.
An evening banquet featuring Ontario lamb capped off the three day event with 100 people in attendance. In 2016 the Annual General Meeting will be held in Winnipeg, Manitoba from October 20th - 22nd.
Retiring CCWG Directors Margarete Zillig from Scotch Village, Nova Scotia and John L. Farrell from Wingham, Ontario were recognized for their long time contributions to CCWG and dedication to the sheep industry.
Catherine Vallis from Atlantic Wool Growers Supplies who will be retiring on December 31, 2015 was also recognized for her many years of service to CCWG and livestock producers in Atlantic Canada.
The final presentation of the evening was made to long time sheep shearer Clifford C. Metheral from Nokomis, Saskatchewan who has sheared more sheep in Canada during his career than any other shearer currently on record. In addition, Clifford has sheared in many countries and achieved success at numerous international sheep shearing competitions.
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CCWG Director Elections 2015
The following Canadian Co-operative Wool Growers Limited directors term of office will expire in 2015. Any shareholder interested in a director position is required to file a nomination ballot supported by three shareholders from the provincial sub district in which they reside, at least 60 days prior to the provincial shareholders meeting. Copies of our corporate bylaws and nomination ballots are available upon request from any branch of the Canadian Co-operative Wool Growers Limited.
All nomination ballots must be received at Head Office by June 30, 2015.
Alberta North / Nord - John D. Woodburn -(acclaimed 2 year term 2016/17)
Saskatchewan North / Nord - Lee Sexton - (acclaimed 2 year term 2016/17)
Manitoba - Brian W. Greaves - (acclaimed 2 year term 2016/17)
Ontario West / Ouest - Allan Ribbink - (elected 2 year term 2016/17)
Québec East / Est - Vacant
Atlantic - Ruth Mathewson - (elected 2 year term 2016/17)