Co-operatives and Mutuals Canada / Coopératives et mutuelles Canada
Registration:
19
of
24
(2020-05-15
to
2020-09-25)
Grant, Contribution or Other Financial Benefit
- Support or investment in the Canadian Co-operative Investment Fund which provides patient capital and lending to finance the capitalization of new and emerging co-operatives. The fund exists and was set up with $25 million from the co-operative sector.
Grant, Contribution or Other Financial Benefit, Policies or Program
- Investments in co-operative-led programs to provide bridges to employment, support entrepreneurship, safeguard local businesses, create jobs and make life more affordable for Canadians, in particular women, newcomers, Indigenous people, youth, and Canadians living in rural communities.
Legislative Proposal, Bill or Resolution
- To review and propose possible changes to the Canadian Co-operative Act
Policies or Program
- Educating roles and opportunities of co-operatives in meeting the needs of Canada
- Encourage government to educate public servants to the unique qualities and challenges faced by co-ops
- Social Innovation and Social Finance Fund. Advocating for accessibility and a greater role for representative bodies in regards to both the initial readiness stream and eventual access to SISF funding for co-operatives and mutuals.
- To expand the definitions and exemption criteria so that all qualifying co-operatives can remain eligible for the Small Business Deduction (SBD).
- To maintain a working relationship with various departments, particularly Innovation, Science and Industry and Small Business, Export Promotion and International Trade, to promote the Co-operative Sector in Canada
- To promote the business advantages of co-operatives to government, in particular programs, services and intermediary agencies linked of Innovation, Science and Industry as well as Small Business, Export Promotion and International Trade.
- To promote the renewal of the Tax-deferred Co-operative Share Program to help agricultural co-operatives meet their capitalization needs and remain a viable option for agribusinesses while allowing Canadian co-operatives to be stronger in the face of international competitors.
- Understanding by the federal government for specialized co-op development programs that will help start and grow new and existing co-ops within specific sectors or populations.