From a bold beginning in 1944 with the purchase of a feed mill, North Wellington Cooperative has continued to meet the expanding needs of our member owners. In this spirit, our trend continued last year with the opening of our latest Garden Center in our Durham store. We now have a successful Garden Center in each of our four locations.

Also, I am very pleased to announce your co-op has had another successful year showing a profit of $195,000.00. To be profitable year after year takes a tremendous amount of hard work and dedication from all involved. On behalf of the Board of Directors I would like to take this opportunity to thank Kelly and all of the staff for a job well done. I would also like to thank the Board of Directors for their time and effort in helping to make North Wellington Co-op a success.

Every year the Canadian Co-operative Association recognizes people who promote co-ops in Ontario. I am pleased to announce that a past member of this Board, who served two twelve year terms, has received a Lifetime Achievement Award. Congratulations to John Tregunna.
As well, I would like to acknowledge and thank Lorne Underwood and Larry Workman for their dedication and leadership over the past twelve years to North Wellington Co-op. Both Lorne and Larry have fulfilled their terms and will be leaving our Board this coming year.

In closing, I encourage all members of North Wellington Co-op not only take this opportunity to ask questions of management and Board members but to get involved by participating in the election of your Directors. I believe that being part of an organization means to be involved. I welcome your thoughts and comments and wish all a happy and healthy 2007.

John Eccles