Opportunity Development Cooperatives are all about investing in local economic growth and local businesses.
As a for-profit, an ODC approaches, or is approached by, local entrepreneurs with a business opportunity in need of investment.
An ODC may sell shares/units (often RRSP/TFSA eligible) to local members of the community who see the return on investment for themselves as well as for their community.
To sustain, drive and positively impact economic development in towns and communities throughout Canada by initiating, advancing and supporting local investment initiatives. We are rooted in our communities and seek to further strengthen our connection with our valued customers, who we see and serve every day in our stores across the country.
By creating a localized governance and support structure to support ODC investments and guide the selection of suitable investment opportunities.
Peavey Industries will invest in the local ODC, with community investors matching this investment. Potential sources of matching investment could include local community members or local economic development agencies (using funds from their investment or lending portfolio).
Peavey Mart and MainStreet Hardware are trusted, valued and respected retailers in many districts across Canada. We are committed to broadening our relationships and providing foundational support to the local areas and communities where our loyal customers live and work.
Within a community, a successful ODC program can boost the local economy, create jobs, rejuvenate under-utilized areas and give new life to vacant buildings or storefronts – recharging a community’s entire socio-economic outlook.
Copyright © 2021 Peavey Opportunity Development Cooperative - All Rights Reserved.
Powered by Peavey