Receipted offering statements from co-operatives

​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]
 
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 July 3, 2018.