Guide to the Co-op Act

Ontario’s Co-operative Corporations Act defines what a co-operative is and dictates how they must operate. As the Act is legislation written by parliamentarians and lawyers, it uses specialized terms that can be confusing to people outside the legal profession. In response, OCA developed a "Guide to the Act" to present its requirements in plain, accessible language.

OCA also has a number of additional FactSheets pertaining to the Act for your reference, which you can access in the Tools & Resources section, including:

  • 2009 Changes to the Co-operative Corporations Act
  • Changes to the Ontario's Act: Electronic Member Meetings
  • Changes to the Ontario's Act: Non-Member Directors on the Board
  • Changes to the Ontario's Act: Acclamation of Directors

DISCOUNT FOR OCA MEMBERS, Use Code: OCAMEMBER: Most Anglophone credit unions and co-operatives in Ontario are either direct dues-paying members of OCA, or indirect members by being part of a federation that is a member of OCA (i.e., MOMO). Member pricing is available for the co-operative organizations that belong to member federations including Central 1, CHF Canada, CWCF, GROWMARK, Inc., PCPC, OMIA and CCO.