Receipted offering statements from co-operatives

 

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​The Financial Services Commission of Ontario (FSCO) posts basic information on its website about offering statements from co-operatives that have been filed and receipted by the Superintendent of Financial Services after July 1, 2016. This allows consumers to know what offering statements have been receipted and where to obtain additional information.

 

Offering statement requirements:

 
  • Co-operatives that have more than 35 members/investors, or will have more than 35 members/investors with the offering, must file an offering statement with FSCO and obtain a receipt from the Superintendent in order to be able to sell the securities being offered. The
    Co-operative Corporations Act [New Window] and regulations provide some exemptions from this requirement.
  • Co-operatives must make their receipted offering statements available for inspection by anyone requesting them, at the co-operative's head office during normal business hours.
  • The co-operative must give a potential investor a copy of the offering statement and any material change statement, on request. Also, the co-operative cannot accept a subscription for securities from anyone unless the person has been given a copy of the receipted offering statement and any material change statement.
  • Co-operatives must file a material change statement with FSCO if a material change occurs while the co-operative is selling securities under an offering statement. Filing must be done within 30 days of the change and made available to the public.

Co-operatives that have received a receipt to offer securities on or after July 1, 2016, are listed in the table below.*


 

​Corporation number

​Name of the

co-operative

​Date of receipt

​Date of expiry

​Amounts of the offering

Minimum $

Maximum $

​Contact information

​1416234

​Integrated

Grain

Processors

Co-operative

Inc.

​July 15, 2016​March 1, 2017

​Min: 0

Max: 5,100,000

​www.igpc.ca [New Window]

 

23438

Wanstead Farmers Co-operative Co. Limited

August 26, 2016August 19, 2017

​Min: 0

Max: 1,200,000

www.wansteadfarmers
coop.com​ [New Window]

 

1613427

Creekside Senior Estates Co-operative Inc.

September 1, 2016July 29, 2017

​Min: 0

Max: 1,250,050

www.creekside
seniorestates.com [New Window]

 

958384

Huron Bay
Co-operative Inc.

September 12, 2016December 23, 2016

​Min: 0

Max: 3,500,000

 www.huronbaycoop.ca [New Window]
1851987

Cellulosic Sugar Producers Co-operative Ltd.

September 29, 2016August 31, 2017

​Min: 5,010,000

Max: 11,125,000

jimc@agris.coop
(519) 550-5525

522817

Hensall District Co-operative, Incorporated

April 14, 2016
(a material change statement was issued on November 15, 2016)		February 28, 2017

​Min: 0

Max: 63,900,000

 www.hdc.on.ca [New Window]
1613454

Local Initiative For Future Energy Co-operative Inc.

November 23, 2016August 1, 2017

Min: 10,000
Max: 2,500,000

 www.lifecoop.ca [New Window]
522165

The Garden Centre Group Co-operative Corp.

December 16, 2016November 18, 2017

Min: 0
Max: 270,000

 www.garden
centregroup.com [New Window]
958384

Huron Bay Co-operative Inc.

December 30, 2016December 21, 2017

Min: 0
Max: 4,500,000

 www.huronbaycoop.ca [New Window]
92643

Gay Lea Foods Co‑operative Limited

January 11, 2017December 31, 2017

Min: 0
Max: 36,000,000

 www.gaylea.com [New Window]
1613574

Ottawa Renewable Energy Co-operative Inc.

January 18, 2017April 30, 2017

Min: 0
Max: 2,000,000

 www.orec.ca [New Window]
49898

Lucknow District Co-operative Incorporated

February 27, 2017January 28, 2018

Min: 0
Max: 1,087,200

 www.lucknowco-op.com [New Window]
958245

Progressive Pork Producers  Co-operative Inc.

April 10, 2017March 9, 2018

Min: 0
Max: 15,050,000

 (519) 648-2506
522817

Hensall District Co-operative, Incorporated

April 20, 2017February 28, 2018

Min: 0
Max: 64,900,000

 www.hdc.on.ca [New Window]
1416234

Integrated Grain Processors    Co-operative Inc.

April 27, 2017March 31, 2018

Min: 0
Max: 55,100,000

 www.igpc.ca [New Window]
1613514

Interest-Free Housing Co-operative of Canada Ltd.

May 1, 2017March 24, 2018

Min: 500,000
Max: 40,000,000

 www.interest
freehousing.ca [New Window]
1103824

La Siembra  Co-operative Inc.

May 5, 2017February 28, 2018

Min: 0
Max: 500,000

 https://camino.ca/ [New Window]
1416266

Co-opérative régionale de Nipissing-Sudbury Limited

May 19, 2017December 14, 2017

Min: 0
Max: 500,000

 www.coop
regionale.com [New Window]
1851991

TREC Solarshare
Co-operative (No.1) Inc.

June 2, 2017May 16, 2018

Min: 0
Max: 39,200,000

 www.solarbonds.ca [New Window]
1851857

Greater Niagara Renewable Energy Co-operative Inc.

July 19,  2017March 31, 2018

Min: 400,000
Max: 2,700,000

 rvanderkuip@cogeco.ca
(905) 933-1496
23438

Wanstead Farmers Co-operative Co. Limited

August 23,  2017August 19, 2018

Min: 0
Max: 1,500,000

 www.wansteadfarmers
coop.com [New Window]
​1851942​Oxford Community Energy Co-operative Inc.August 29, 2017​​August 27, 2018​Min – 100,000
Max – 4,000,000		​www.oxford-cec.ca [New Window]
(519) 852-8609
​49330North Wellington Co-operative Services Inc.​​August 30, 2017August 24, 2018​​Min – 0
Max – 2,100,000		 ​www.
northwellington.ca [New Window]
1613427Creekside Senior Estates Co-operative Inc. September 18, 2017July 29, 2018Min – 25,001 Max – 1,250,050 www.creeksidesenior
estates.com [New Window]
958376​AGRIS Co-operative Ltd.​September 29, 2017​April 30, 2018Min – 0
Max – 7,000,000​		 www.agris.coop [New Window]
​1851884Community Energy Development Co-operative Ltd.​October 12, 2017​​July 28, 2018​Min – 0
Max - 14,100,000		 www.cedco-op.com [New Window]​
​1851987Cellulosic Sugar Producers Co-operative Ltd.​December 6, 2017​September 30, 2018​Min – 5,010,000
Max – 11,125,000​		​jimc@agris.coop
(519)550-5525
​522418Ag Energy Co-operative Ltd.​December 6, 2017​November 30, 2018​Min – 0
Max – 4,050,000​		​​agenergy.coop [New Window]
​92643Gay Lea Foods Co-operative Limited​January 5, 2018​December 31, 2018Min – 0
Max – 36,000,000		 www.gaylea.com [New Window]​
​1613574Ottawa Renewable Energy Co-operative Inc.​January 5, 2018
(a material change statement was issued on May 2, 2018)		September 15, 2018Min – 0
Max – 3,000,000​		​www.orec.ca[New Window]
1416266​Co-opérative régionale de Nipissing-Sudbury Limited​​February 5, 2018December 15, 2018​​Min – 0
Max – 500,000		 www.coop
regionale.com[New Window]​
​958384​Huron Bay
Co-operative Inc.		​February 13, 2018​December 20, 2018​Min - 0
Max – 4,500,000		 www.huronbaycoop.ca [New Window]​
​49898​Lucknow District Co-operative Incorporated​February 13, 2018​January 28, 2019Min – 0
Max – 1,307,708​		 ​www.lucknowco-op.com [New Window]
522593​​Consolidated Dealers Co-operative Inc.March 5, 2018​​July 31, 2018Min – 0
Max – 430,200​		 www.consolidated
dealers.com​ [New Window]
​1103824​La Siembra  Co-operative Inc.March 5, 2018​December 31, 2018​​Min – 0
Max – 500,000		 https://camino.ca/​ [New Window]
​522817Hensall District Co-operative, Incorporated​​March 9, 2018​February 28, 2019Min – 0
Max – 73,900,000​		 www.hdc.on.ca​ [New Window]
​958245​Progressive Pork Producers Co-operative Inc.​April 16, 2018March 9, 2019​​Min – 0
Max – 15,050,000		(519) 648-2506​
​1613514​Interest-Free Housing Co-operative of Canada Ltd.​May 15, 2018March 24, 2019​​Min – 500,000
Max – 40,000,000		 www.interestfree
housing.ca​ [New Window]
​1416234Integrated Grain Processors Co-operative Inc.​​June 1, 2018March 31, 2019​Min – 0
Max – 5,100,000​		 www.igpc.ca[New Window]​
​1851991​TREC Solarshare
Co-operative (No.1) Inc.		​July 3, 2018​May 17, 2019​Min – 0
Max – 60,148,234		 www.solarbonds.ca[New Window]​
​522165​The Garden Centre Group  Co-operative Corp.​July 11, 2018​May 28, 2019​Min - 0
Max – 247,500		​www.gardencentre
group.com[New Window]
​23438Wanstead Farmers’ Co-operative Co. Limited​August 20, 2018​​August 19, 2019​Min – 0
Max – 1,500,000		 www.wanstead
farmerscoop.com​ [New Window]
​49330​North Wellington Co-operative Services Inc.​August 28, 2018August 24, 2019​Min – 0
Max – 2,200,000​		​www.north
wellington.ca[New Window]
1613427Creekside Senior Estates Co-operative Inc.October 2, 2018​July 29, 2019​Min – 30,001
Max – 1,500,050		 www.creekside
seniorestates.com​ [New Window]
​522593​Consolidated Dealers Co-operative Inc.October 2, 2018July 31, 2019Min – 0
Max – 300,000​		​www.consolidated
dealers.com[New Window]
​522418​Ag Energy Co-operative Ltd.December 20, 2018​November 30, 2019​​Min – 0
Max - 4,050,000		 http://agenergy.coop[New Window]
​1907899​CoEnergy Ontario Co-operative Inc.January 4, 2019​November 30, 2019​​Min – 50,250
Max - 3,000,000		 www.coenergy.coop[New Window]​
​1103824La Siembra Co-
operative Inc.		January 16, 2019December 31, 2019​​Min – 0
Max – 500,000 		https://camino.ca/[New Window]
​92643​Gay Lea Foods Co-operative LimitedJanuary 16, 2019​December 31, 2019​​Min – 0
Max – 36,000,000 		www.gaylea.com[New Window]​
​49898​Lucknow District Co-operative Incorporated​February 11, 2019​January 28, 2020​Min – 0
Max – 1,161,247		 www.lucknowco-
op.com[New Window]​
​958384Huron Bay
Co-operative Inc.​		​February 21, 2019​December 19, 2019Min - 0
Max – 4,500,000​		 www.huronbaycoop.ca[New Window]​
​958376AGRIS Co-operative Ltd.​March 12, 2019​​January 31, 2020Min – 0
Max – 7,600,000​		 www.agris.coop[New Window]​
​522817​Hensall District Co-operative, IncorporatedMarch 29, 2019​​February 28, 2020​Min – 0
Max – 82,900,000		 www.hdc.on.ca[New Window]​
​1613574Ottawa Renewable Energy Co-operative Inc.​April 24, 2019​​November 30, 2019Min – 0
Max – 4,000,000​		 www.orec.ca[New Window]​
​522165The Garden Centre Group Co-operative Corp.June 3, 2019​​May 28, 2020Min – 0
Max – 180,000		 www.gardencentre
group.com[New Window]​
 
For offering statements receipted prior to July 1, 2016, please contact the associated co-operative directly.

*The information on this web page was last updated June 3, 2019.