How does Otter Co-op track my purchases?
Your membership application for shares is numbered and this is your Co-op number - to be quoted every time you make a purchase. It enables the Co-op to keep an accurate record of your patronage through the year for patronage allocation purposes.
Why does Otter Co-op need my SIN?
On any patronage allocation over $100, Otter Co-op is required by Revenue Canada to deduct a 15% withholding tax. You will be issued a T4A after each calendar year. If your purchases were for personal use only, you may used this deduction as a tax credit. Businesses receiving a patronage allocation will be required to record the allocation as a revenue and claim the withholding tax as a tax credit.
How do I become a Member of Otter Co-op?
To become a member of Otter Co-op, please complete an application form and return it to any location with your one-time $10 payment. Or you may mail your completed application to us along with your payment. Our mailing address is 3650 248 Street, Aldergrove BC V4W 1X7, Attention Administration.
How is Patronage Calculated? Click here
New Member Welcome Letter Click here
DO I PAY AN ANNUAL $10 MEMBERSHIP FEE?
No, the $10 fee is paid only once, upon registration. For this small investment, you are a Member for life!