The COVID-19 pandemic is a huge challenge for financial institutions. In the current environment, where the cash flow of many consumers and businesses is collapsing due to lack of demand and numerous layoffs, financial institutions will both have to deal with the increased demand for non-performing loans and expose themselves to the risk of default by borrowers, who will have difficulty paying interest and repaying the principal. How are financial cooperatives affected in this context?

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Recently introduced, car-sharing services are very advantageous for people without cars who wish to make occasional trips. However, in the context of the current pandemic, where movement is prohibited or restricted, and where people work from their homes, what are the challenges facing car-sharing cooperatives? What future for this sector of activity?

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The production of essential goods is fundamental for all societies, even in times of pandemic. How does the agricultural sector manage, in this context, to maintain its activities and continue to provide the population with essential products? What challenges do agricultural cooperatives face? How to cure it?

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The structure of the health system is at the heart of the health crisis linked to COVID-19. What challenges do health and home care cooperatives face and how can they offer complementary services to the currently saturated public health network?

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Due to the global COVID-19 crisis, the Association of Co-operative Educators (ACE) and Co-operatives and Mutuals Canada (CMC) decided to join forces to offer the Co-operation Virtual Instititutes (CVI). CVI will bring together co-operators who will exchange on current hot topics of the co-operative sector.

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Join the launch of Union Co-ops UK: A Manifesto for Decent Work.

A Union Co-op is a fully unionised, worker co-operative, owned and controlled by those who work in it.

It's a model that offers us an opportunity to reset the working world, harnessing the collective power of workers, their knowledge, skills and creativity through strong partnerships between unions and co-operatives. As the world of work looks set to change beyond all recognition as a result of covid-19, this is a model that has the potential to offer hope to millions of people across the globe. 

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