The sale of shares and other securities is dictated by the Manitoba Cooperatives Act.

If a co-op wishes to raise money through the issuance of investments (or shares) over $1,000, it must issue an “Offering Statement” which is similar to a prospectus offered by a business corporation that is offering shares.

Co-ops who qualify can use the Province of Manitoba’s Community Enterprise Development (CED) Tax Credit Program which offers investors the incentive of a 45% personal income tax credit.

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