Attached is an example of by-law changes that were made in order to allow an existing PEI co-op to register as a charity. The changes were required by what was called Revenue Canada at the time (now Canada Revenue Agency). The process of charitable registration went smoothly once the changes were made. The one dollar ($1) maximum for shareholders and annual memberships may not be an absolute, but it was stated as a sine qua non at the time. The co-op’s objects were consistent with permitted charitable purposes.
- Next story Charities and CED
- Previous story An Overview of Available Business Structures in a New Generation Co-op
Did you know that there is another Coop Zone? Coop Zone (or the "Zone Coop") is a consumer cooperative in Quebec City, which offers the university community -- and the academic world -- a range of products and high quality services tailored to the needs of its members throughout their educational and professional path; hardware and technical services, books and stationery, e-books, art supplies, clothing and promotional items.