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Welcome to Olds Co-operators

Contribute to your RRSP!

March 1st is the RRSP contribution deadline
- talk to us today about your RRSP more

Protecting Canadians

The Co-operators is funding the construction of homes that are more resilient to the increasingly destructive weather we are experiencing as a result of climate change. Our goal is to further research and protect Canadians by building four safer living homes in 2007. more

What Makes us Different?

The Co-operators Group Limited is a 100% Canadian-owned company with over 60 years of history as a co-operative. Our member-owners are co-operatives, credit unions and like-minded organizations, representing a variety of sectors and regions across the country. Our focus extends beyond increasing profits and share values, to a concern for satisfying the needs of clients, staff members, member-owners, and communities.

The co-operative difference

Co-operatives are community-based organizations that care not only about the bottom-line of their business, but also about their member’s needs, and the quality of life in their communities. Co‑ops and credit unions have found a way to successfully compete in the marketplace without abandoning the values and principles that set them apart from other business models. Co‑operatives differ from corporations in three key areas:

	CO-OPERATIVES	CORPORATIONS
Purpose	The primary goal is to meet the common needs of its members	Investor-owned businesses focus on maximizing profit for its shareholders
Control Structure	A democratic structure ensures each member has only one vote, regardless of how large or small they are Focus ensures people, not capital, control the organization	One vote per share. The more an investor owns, the more power they have in the decision-making process.
Allocation of Profit	Profits are shared among member-owners on the basis of how much the member-owner uses the co-op. Profits are invested in improving service to members and promoting the well-being of communities. Surplus profits remain within the community.	Profit is shared based on how many shares are held. Shareholders are not necessarily clients, and profits are not always kept in the community.

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