Woodsworth Co-op in Downtown Toronto, Canada

Woodsworth Housing Co-operative is located in the historic St. Lawrence Neighbourhood in Toronto, close to St. Lawrence Market. Woodsworth is within walking distance of shops, services, three schools, community centre and pool, public library and parks. Bus routes go to subway stations and it is a short walk to the King streetcar and to Yonge Street.

Woodsworth is proud to be part of the international co-operative movement which dates from the 19th century and we, like co-ops around the world, are guided by the following co-operative principles.

Open membership
Co-op membership is open to everyone who needs the services of the co-op and who accepts the responsibilities of membership. The board of directors must not discriminate against anyone and must respect human rights.

Democratic control
Members control their co-op. Together they set by-laws and policies, make decisions and elect leaders who report to them. Each member of a co-op has one vote. All members have an equal say in managing their co-op.

Economic participation
All members contribute fairly to the co-op which they own in common. Co-ops pay a limited return (if any) on money that people paid to become members. The co-op holds any surplus for the future or uses it to improve the co-op’s services.

Independence
All agreements that co-ops sign with outside organizations or governments should leave the members in control of their co-op.

Co-operative education
Every co-op is responsible for offering training to its members, directors and staff. Co-ops should also tell the public what they are and what they do.

Co-operation among co-operatives
Co-ops work together to serve their members through local, national and international structures.

Community
Co-ops meet members’ needs in ways that build lasting communities inside and outside each co-op.

(Source: CHFT)