By province, here’s a snapshot of the differences and similarities of incorporating a co-op in Western Canada.
|Minimum number of shareholders||3||6*||3||3 or more persons or eligible organizations|
|Minimum number of directors||3||5*||3||3|
|Name requirements||Must contain cooperative, co-operative, coopérative, coop, co-op or pool and end with the word limited, ltd., incorporated, inc., limitée, incorporée, or ltée||Must contain co-operative or co-op and limited or ltd||Must have the word co-operative, coop, co-op, coopérative, united, or pool||Must contain the word Cooperative, coop or co-op, or an alternative like association, society, union, or exchange|
|Share class provisions||Membership and Investment||Common and Preferred||Membership and Investment||Membership and Investment|
|Incorporation fee**||$250 or $70 if incorporating as a community services co-op + name search||$285 or $70 for a non-profit co-op (name reservation included)||$100 + name search||$280 including name approval fee|
|Department Responsible||Financial Institutions Regulation Branch||Information Services Corporation||Service Alberta||BC Registries and Online Services|
*According to the Saskatchewan Cooperatives Act, a group can submit an appeal to the registrar to incorporate with fewer than suggested shareholders/directors or more share classes.
**Each province does allow interprovincial registration/incorporation for a similar fee.Was this useful?
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