nearly every hallway. Co-op Bookstore The OAC Students' Co-op, now called the University of Guelph Campus Co-op was established on November 26, 1913 by seven students from Guelph and Wellington County. It was established to provide a cost-effective and structured business on-campus that would sell students their textbooks and supplies. As the only other bookstore was downtown, the Co-op provided a convenient and valuable service. The co-op bookstore is democratically owned and controlled by students, and operates out of the basement of Johnston Hall on the University of Guelph campus. Membership is available to all students at the cost of $10 and is valid for one year. Becoming a member of the bookstore, students are eligible for 5 percent discounts on all new purchases. Through these memberships, the Guelph Campus co-op rebated over $120,000 to its members. It is important to note that the Co-op bookstore is a non-share consumer co-operative that is governed by the Co-operative Corporations Act of Ontario and the GCC Bylaws. The co-op bookstore runs various programs, including one of its major "textbook buy backs", at the end of every semester. Tables, and pricing guides are positioned around the university where students can come and have their books appraised, and bought back. The co-op gives students cash back for all of their books. Most of the time, the books are bought back at a fraction of the price they were sold. In fact, some books, which have newer editions may not even be purchased back. The co-op's main competitor is the University Bookstore, created and operated by the University of Guelph. This bookstore is much bigger and has a larger variety of products. It is run by University of Guelph staff, and not owned by students. In addition, it does not offer students the opportunity to become members and receive discounts. However, the prices for books are very similar and if one bookstore does not have the book in stock, they will recommend trying the other. In addition, an indirect competitor is TheCannon, an online posting site where students can sell their textbook to their peers. This site has become favoured because textbooks can be bought and sold for fair prices. Office of Open Learning & Distance Education Each year the Office of Open Learning and its partners offer more than 235 learning opportunities while serving more than 19,000 registrations from around the world. The Office