Inns North Canadian Arctic Hotels
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Inns North Canadian Arctic Hotels

Header - About Us - Principles
Definition
A co-operative is an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically controlled enterprise.

Values
Co-operatives are based on the values of self-help, self-responsibility, democracy, equality, equity and solidarity. In the tradition of their founders, co-operative members believe in the ethical values of honesty, openness, social responsibility and caring for others.

Seven Co-operative Principles
Voluntary and Open Membership   Democratic Member Control   Member Economic Participation   Autonomy and Independence   Education, Training and Information   Co-operation among Co-operatives   Concern for Community  



1st Principle: Voluntary and Open Membership
Co-operatives are voluntary organizations, open to all persons able to use their services and willing to accept the responsibilities of membership, without gender, social, racial, political or religious discrimination.


2nd Principle: Democratic Member Control
Co-operatives are democratic organizations controlled by their members, who actively participate in setting their policies and making decisions. Men and women serving as elected representatives are accountable to the membership. In primary co-operatives, members have equal voting rights (one member, one vote) and co-operatives at other levels are organized in a democratic manner.


3rd Principle: Member Economic Participation
Members contribute equitably to, and democratically control, the capital of their co-operatives. At least part of that capital is usually the common property of the co-operatives. They usually receive limited compensation, if any, on capital subscribed as a condition of membership. Members allocate surpluses for any or all of the following purposes:

    • developing the co-operative, possibly by setting up reserves, part of which at least would be indivisible;
    • benefiting members in proportion to their transactions with the co-operatives;
    • and, supporting other activities approved by the membership.




4th Principle: Autonomy and Independence
Co-operatives are autonomous, self-help organizations controlled by their members. If they enter into agreements with other organizations, including governments, or raise capital from external sources, they do so on terms that ensure democratic control by their members and maintain their co-operative's autonomy.


5th Principle: Education, Training and Information
Co-operatives provide education and training for their members, elected representatives, managers and employees so they can contribute effectively to the development of their co-operatives. They inform the general public, particularly young people and community leaders, about the nature and benefits of co-operation and membership in the Co-operative.


6th Principle: Co-operation among Co-operatives
Co-operatives serve their members most effectively and strengthen the co-operative movement by working together through local, national, regional and international structures.


7th Principle: Concern for Community
While focusing on member needs, co-operatives work for the sustainable development of their communities through policies accepted by their members, as per the Statement of Co-operative Identity (as stated by the International Cooperative Alliance). The Statement on Co-operative Identity was adopted at the 1995 General Assembly of the International Co-operative Alliance, held in Manchester on the occasion of the Alliance's Centenary. The Statement was the product of a lengthy process of consultation involving thousands of co-operatives around the world.


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Inns North Canadian Arctic Hotels

Inns North Canadian Arctic Hotels hotels are located in:

Arviat, Nunavut
Baker Lake, Nunavut
Cambridge Bay, Nunavut
Chesterfield Inlet, Nunavut
Gjoa Haven, Nunavut
Hall Beach, Nunavut
Igloolik, Nunavut
Kimmirut, Nunavut
Kugaaruk, Nunavut
Pangnirtung, Nunavut
Pond Inlet, Nunavut
Qikiqtarjuaq, Nunavut
Rankin Inlet, Nunavut
Repulse Bay, Nunavut
Resolute Bay, Nunavut
Sanikiluaq, Nunavut
Whale Cove, Nunavut
Fort McPherson, NWT
Ulukhaktok, NWT

 

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