
CMC Dues Formula
The Dues Formula takes into account the following information: type, number of employees and number of ultimate members (i.e. individuals that are members) of the co-operative. |
|||||
|
<2,000 | 2,000-5,000 | 5,001-15,000 | >15,000 | |
Categories of Co-ops | Rate per Member (in $) | ||||
Insurance Co-ops/Trusts | 0.0210 | 0.0263 | 0.0289 | 0.0303 | |
Consumer Co-ops | 0.0050 | 0.0350 | 0.1000 | 0.2000 | |
Agricultural Co-ops | 0.4500 | 0.9000 | 1.1000 | 1.5000 | |
Producer Co-ops | 7.0000 | 21.0000 | 42.0000 | 63.0000 | |
Financial Co-ops | 0.0900 * | ||||
Sectoral Associations | 10.0000 | ||||
Provincial Associations | $1,250 ** | ||||
Other (non-voting associate members) | $572 ** | ||||
* or dues as negotiated with the financial co-operatives | |||||
** flat rate | |||||
A member's dues can't increase by more than 10% from the previous year unless the member merges or amalgamates with another member or entity. | |||||
A member's dues can't be less than its 2015 dues paid to CMC. | |||||
MEMBERSHIP CATEGORIES |
|||||
|
|||||
Insurance / Trusts |
|||||
A co-operative or mutual doing business in the field of insurance and trust. |
|||||
|
|||||
Consumer Co-operative |
|||||
A co-operative enterprise other than a financial co-operative providing goods and services to its members/ consumers. |
|||||
|
|||||
Agricultural Co-operative |
|||||
Co-operatives involved in agricultural activities and related fields relevant to agriculture, and whose members are primarily farmers. |
|||||
|
|||||
Producer Co-operative |
|||||
A co-operative enterprise that transforms and markets the output from its member producers. (Can include agricultural co-operatives.) |
|||||
|
|||||
Financial Co-operative |
|||||
Co-operatives doing business in the financial services sector as a deposit institution and providing services to its members / consumers. |
|||||
|
|||||
Sectoral Association |
|||||
An industry association working primarily to support and defend the interests of its co-operative members, in particular by offering consulting services or training, and networking, without being directly involved in the production or sale of products and services in its sector of activity. |
|||||
|
|||||
Provincial Association |
|||||
Provincial organization working to promote the co-operative movement and co-operative enterprises as a whole through promotion, development and education of the co-operative form of business. |
|||||
|
|||||
Other |
|||||
Any organization not included in other categories, whose mission or actions are consistent with co-operative principles and values. |