Have questions about becoming a Co-op member? We have answers!

First of all, what is a Co-op membership?

In simplified terms, a Co-op membership is a share in your local Co-op. Co-ops are owned by their shareholders. That’s what we mean when we say “when you're a member, you're an owner.”

You get a say in how we run our business, and get to share in the profits.

Share in the profits? What do you mean?

Each year our Co-op allocates a part of our profits back to our members. A portion is paid back by cheque each year and the remaining portion is deposited into your equity account.

You can think of your equity account like a savings account- we pay out our members when they turn the age of 65, move away or to their estate.

How much money will I receive back?

Member allocation depends on how much the member spends and the Co-op's profits.

At the end of the fiscal year our Board of Directors review our financials and sets the percentage of refund for our allocation. This percentage changes every year based on our Co-op's profits.

In short, the more you spend, the more you get back.

What purchases qualify for equity and cash back?

Members earn cash back & equity on liquor purchases at our locations. Members also earn equity & cash back on fuel, grocery, pharmacy and more at our New Horizon Co-op food stores and gas bars! Lotto is excluded.

When do I get my money?

We send out our cheques along with your equity statement in the middle of June!

If you have moved recently, let our administration department know so we can update your address before we send them out!

Who can become a Co-op member?

Anyone with a social insurance number (SIN) can apply for a Co-op membership. We need your SIN because the Income Tax Act Requires it as you are buying a share into the company.

Joint memberships are also available.

Will my New Horizon share number work at other Co-op liquor stores?

Only purchases at your local New Horizon Co-op locations will be tracked to your membership. Every Co-op is unique and locally owned and operated.

You can buy a membership at a different local Co-op and earn equity on your purchases there as well!

June has come and gone, why didn’t I get a cheque?

• You moved and forgot to update your address with us.
• You didn’t spend enough in the year to receive a cheque of $10 or more. Since we can’t issue cheques less than $10, the % of your spendings for the year will go into your equity account. New members who sign up late in the year likely won’t receive a cheque in the same year.

For a concrete answer, call our administration team at 780-539-6111 ext 100 or email us at equity@newhorizon.crs

You've convinced me, how do I become a member?

You can sign up here.

What you’ll need with you when you sign up:

• Photo Identification
• Social Insurance #
• We require a one-time fee of $5 which is the purchase of a share in New Horizon Co-operative.

Thanks for reading our FAQs!

Have a question that wasn't answered here?

Reach out to us on our social media pages,
email your question to equity@newhorizon.crs
or call our administration office at
780-539-6111 ext 100