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CMC is asking that the Government of Canada commit to exploring and establishing a Federal Co-operative Investment Plan to support the capitalization of qualifying co-operatives and federations of co-operatives that need equity capital for their development. This Program is needed because co-operatives do not have the same framework or the same opportunities as companies making public offerings. For example, they do not have the same opportunities in terms of raising capital.<\/span>\u00a0<\/span><\/p>\n The Program could promote the capitalization of co-operatives by granting, at the federal level, a tax incentive for acquiring preferred shares from a qualifying co-operative or federation of co-operatives. Investment shares would not be offered to the general public and a potential investor would need to meet eligibility criteria, such as being an individual member or employee of the co-operative or being involved in a formal partnership.<\/span>\u00a0<\/span><\/p>\n CMC would like to see the Government of Canada commit to exploring the creation of a Federal Co-operative Investment Plan and take inspiration from the Co-operative Investment Plan in Quebec<\/a>, which has been active since 1985.\u00a0<\/span>\u00a0<\/span><\/p>\n