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Peninsula Co-op Milestones

An overview of Peninsula Co-op's history by decade.


In 1977

We opened our doors as a warehouse Co-op on Keating X Road in Saanichton, BC.



In 1980, we changed from a warehouse to a conventional Co-op and opened a one lane, two pump gas centre at the Keating X Road location. A new focus on marketing and value added programs were incorporated in 1981, and we published our first member newsletter, the Peninsula Co-op Commentator which we still publish today. In 1982 the Keating Gas Centre was upgraded and in 1983 the Food Centre implemented a bonus dollar program for non-food purchases.

In 1984 we experienced our first year where we had a positive bottom line. Our Food Centre introduced a fresh baked department in 1986 and we also began supplying gas to Save-On Gas. Member-owners received their first cash rebate payment in 1988. That same year, we made an initial purchase of Save-On Gas, added 3,000 square feet to our existing Co-op store for non-foods and hardware, added a lawn and garden area and exceeded $10 million in sales.



We started the new decade with a second Save-On Gas purchase building a retail/commercial cardlock and car wash on the corner of Keating X Road and Oldfield Road. The Wilkinson Road site, our third Save-On Gas purchase, was built in 1991. In 1992 the member-owner membership fee changed from $100 to $25 and our sales exceeded $20 million.

Between 1993 and 1994, we started our home heating fuel division, added Deep Cove and Nanaimo sites to Save-On Gas, we purchased our Brentwood Co-op location and 6.8 acres at Keating X Road and West Saanich Road. During 1995, the Brentwood Automotive site was changed from Shell to Co-op, Duncan Canada Avenue was added to Save-On Gas and our sales exceeded $30 million.

In 1997, our Food Centre went through a major renovation and we significantly upgraded our Deep Cove Save-On Gas location. Sidney Save-On Gas was also added to our growing list of locations. During the years of 1998-1999, our Food Centre warehouse was expanded and a new office was added for our Administration staff. The Keating Gas Centre saw a major renovation, the Goldstream Gas Centre was built and we added a Cardlock location in Sidney.


2000 - 2009

Between 2000 and 2001 we saw an increase in sales from $50 million to $63 million.

The years spanning 2002-2004 included renovations, acquisitions and name changes. Our Millstream Gas and Convenience Centre was built in 2002, the Brentwood Bay Gas Centre had a major renovation which included a new convenience store and the addition of a Touchless Car Wash. Our Royal Oak location was renovated and the name was changed from Save-On Gas to Co-op. In 2003, the Duncan Canada Avenue property was purchased. In 2004, it was re-built to include a Touchless Car Wash and new convenience store and the name was changed from Save-On Gas to Co-op. The Keating Cardlock site was also renovated and the name changed from Save-On Gas to Co-op.

In the years spanning 2005 to 2007, Pat Bay, Deep Cove, Sidney, Wilkinson and Gorge Road locations were renovated and their names were changed from Save-On Gas to Co-op. In 2006, Co-op membership numbers were accepted by all Save-On Gas sites. In 2007, our Mill Bay property was purchased and our sales exceeded $100 million.

With our increased growth, sales in 2008 exceeded $115 million and by 2009 our sales exceeded $137 million. In 2009, we opened our Mill Bay location and attained the #1 petroleum marketing share in the Victoria and Duncan areas - a position in which we still hold today.

2000 - 2009

2010 - Present

In 2010, we had a large member growth, with 40,000 new members-owners signing up. Our earnings totaled $8 million that year, with sales of $135 million.

In 2011, our sales continued to increase, reaching $153 million. Our earnings also continued to grow, reaching $8.6 million. The Mill Bay location was instrumental in helping us meet our achievements, proving very successful during this time. We acquired the Triangle (South Duncan) and Cowichan locations this year, upgrading the Cowichan location to the Co-op brand. Our membership grew even faster, with membership hitting the 50,000 mark.


2012 - Present

In 2012, our sales hit an unprecedented $170 million, with our continuing strong petroleum sales contributing to this amount. Our membership increased again, with numbers hitting 56,000. Our Wale Road location in Colwood opened in November 2012, which generated new memberships and business. Our Board Election process was also changed to a mail-in ballot process.

In 2013 we hired our new CEO/GM, Dave Hoy, who came to us from Mid Island Co-op. We also renovated our Goldstream location in Langford and added a 3rd fuel delivery truck to our fleet. Our membership grew to 60,000 and our rebate allocation totalled $5.6 million.

In 2014 we renovated our Keating Gas Centre, Food Centre and South Duncan location – which was also converted from a Save-on Gas into a Co-op. Our sales reached $184 million, and membership climbed to 71,500. Our annual rebate to our members was $5.7 million.

Peninsula Co-op, #1-2132 Keating X Rd. Saanichton, BC V8M 2A6, Phone: 250-652-1188

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