Invest

No. Our previous Offering Statements are closed, and with it the opportunity to invest in those securities. There may be an opportunity to purchase them from other investors who would like to sell. Please contact us for more information.

Securities can only be purchased directly from CED Co-op, or from another member who wishes to sell theirs. We don’t pay commissions or trailers to brokers or investment managers, as we have all of our returns go directly to our members.

Every bank allows you to make an “Interac e-transfer” or “send money via email” from your account on their website to an email address. The specific actions and details will depend on you bank. Please contact us if you have any questions.

Please notify us of any moves so we can keep your contact information up to date. You must be an Ontario resident in order to be a member of CED Co-op, so if you leave we will close your membership, however, you can maintain your current investments in CED Co-op, but will only be able to invest more if the next offering allows investment by non-members.

Yes, you can transfer an investment to another person. The transfer must first be approved by the Board of Directors and is subject to a $75 transfer fee.

Yes. Although corporations cannot be co-operative members, they can purchase CED Co-op securities. Please fill out the Subscription Agreement, and be sure to include your Business Number instead of a SIN.

No, our securities cannot be gifted to a new or minor child. Membership in CED Co-op is restricted to residents of Ontario 16 years of age and older. In order to invest in CED Co-op, members must be 18 years of age and older.

Similar to a mutual fund, this is not a guaranteed investment, nor is it protected under CDIC or DICO. The Co-op’s solar projects have Feed-In Tariff contracts backed by the Provincial Government through the Independent Electrical Systems Operator, for 20 years. The Co-op carries business interruption insurance to offset losses that may occur due to mechanical or extreme weather accidents.

Yes, you can always transfer your investment to a different account. Please contact us in order to set this up.

To put it simply, interest is the fee you get for loaning money to the co-op/ bank / government / company / person or whomever you lend it to. A dividend is the money that a company/ co-op pays out to its owners/ shareholders.

Registered Accounts: CWCF sends out statements on an annual basis. Their year-end is September 15th. You can request a statement be sent at any time, however a fee may apply.

Questrade offers monthly account statements. To view your statement, select “Statements” under the “Reports” tab at the top of the page. Clients can also view detailed account activity information, such as when a purchase was booked in the account, deposits and transfers, and withdrawals by selecting “Account Activity” under the “Reports” tab.

Non-registered Accounts: Once your investment with CED Co-op is finalized, you will be given access to Member Zone, our online portal to view your investment information. In Member Zone you can see the current value of your investments, update your profile information, access your T5, and more.

Interest will be paid out on the anniversary of your bond purchase based on the schedule for each bond. For Bonds Series L1-4 this was after 8, 12, 16 and 20 years. For all other bonds payments occur annually.

Payments are directly deposited in your account. To update your banking information, please visit Member Zone or contact us. 

The Co-op Board decides when dividends are distributed. The Board reviews the financial performance of the projects and after paying out the Bond Investors, then a dividend may be declared. The decision to declare dividends is made on a quarterly basis. Note that dividends are not guaranteed.

You will receive a T5 tax form recording the dividend paid out each year. You simply submit this form with your annual tax filing.

For cash dividends, funds are directly deposited in your account. To update your banking information, please visit Member Zone or contact us.

For stock dividends, your share holdings will be updated automatically. Please check your Member Zone account for your current holdings.

The original intention as outlined in the related Offering Statements was to repurchase the shares over 20 and 15 years, respectively. The Board reviews this annually and expects to repurchase shares each year, in line with the original Offerings. 

While we can answer many questions for you, the team at CWCF is your best contact for statements for your registered investments, balances in your cash accounts from dividend/bond payments, and information about withdrawals. Contact Josh Dyke at CWCF, Sherry Boyko at Concentra, or Anis Gandhi at Questrade.

Payments for registered investments are made in cash into your CWCF or Questrade registered account. This money can be withdrawn (a fee applies), moved to a registered account with another organization (a fee applies), or transferred to another investment within the CWCF.

Yes, you can transfer your investment with CED Co-op to a new registered account with the Canadian Worker Co-op Federation (CWCF). The CWCF will charge a fee for this transaction. Please contact us for more information.

Due to the great success and volume of investments we have received, we are finding it takes approximately 4-6 weeks to process the cheques and transfers. You will receive a statement from CWCF in the mail for your records. You can always reach us toll free at 1- 855-274-6890 to answer any questions you may have.

CWCF produces their statements on September 16th each year (this date is based on their own internal audit, not a reflection of your CED Co-op investments). They will issue an account statement annually at this time.

This will depend on how your current pension company handles your funds. Upon retirement, some companies require that your funds be transferred to a Locked In Retirement Account, Locked In Retirement Fund, or similar. If this is the case, you cannot invest in CED Co-op. However, if you are able to withdraw from your pension and invest in either non-registered securities, or through a TFSA or RRSP, then we can certainly help. Please contact your pension provider to discuss your options.

In most cases the equipment will be the property of the building owner following the contract. This was written into our lease agreements as a benefit of partnering with CED Co-op.

CED Co-op will continue to explore ways to support renewable energy and sustainability projects in Ontario. New business opportunities may include acquisitions of existing projects, but will also depend on any changes to legislation governing co-ops, and the rules for Net Metering related to virtual Net Metering or third party ownership. Regardless of what the future holds, the funds raised through this Offering Statement will support our current plans, and these projects are anticipated to deliver returns to investors as outlined.