Volume 93, Issue 51

Tuesday, November 30, 1999


NEWS

Board of Governors ratifies TA contract

Mercer gets second shot at admin

For-profit growth in CCBC plan

Province gets permit to party even harder

A little nookie goes a long way

Crime on campus discovers the wheel

Briefs

Bass Ackwards

For-profit growth in CCBC plan



By Paul-Mark Rendon
Gazette Staff

To create a little more financial shade for student groups, the Canadian Campus Business Consortium made clear it was looking to do some branching out at a conference held last week.

With a mandate of formulating cost-saving initiatives for the 23 student associations it represents, the CCBC looks into how schools can increase business activity and simultaneously save costs for students, as well as bring new products to the student market, said Derrick Taub, VP-finance for the University Students' Council.

Taub said a major development made during the three day conference at Western was the CCBC's initiative to form a for-profit arm of its association.

Currently a non-profit organization, the CCBC can not legally give back funds such as marketing revenue to its members – something which Taub said the umbrella group was looking to change.

Owen Minns, VP-operations for the Queen's Alma Mater Society, said the CCBC's Board of Directors had intended on voting on the matter at the conference, however the ballot was postponed to a future date.

"For the Board, I guess we had been hoping to have a decision," Minns said. "It's difficult for us to distribute marketing fees back to [member schools] from the CCBC. If we were for-profit, it doesn't necessarily mean we would change the way we work, but it would enable us to [re-distribute funds back to member schools]," he said.

Michael Chalk, student director for the CCBC, said he was confident the creation would be beneficial for every CCBC member. "We had a number of issues put out on the floor. What we did take was a strawpull and as far as I'm concerned, I'm not worried," he said. "We'll have to re-invent ourselves a little here."

Taub said he too was in favour of the re-structuring move. "That way, we can seek out revenue generating initiatives," he said.

He added another highlight which came out of the conference was the possiblity of selling textbooks online, with presentations from several book sellers. The group wants to see the initiative take off by next year, Taub said.

Chalk added it was time the move online was made. "It's something we're very interested in. I think September for next year is as long as we can wait," he said.


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Copyright The Gazette 1999