Presentation on theme: "INTRODUCTION TO CO-OPERATIVES IN ALBERTA ; A RENEWABLE ENERGY PERSPECTIVE."— Presentation transcript:
INTRODUCTION TO CO-OPERATIVES IN ALBERTA ; A RENEWABLE ENERGY PERSPECTIVE
- HELEN KELLER ALONE WE CAN DO SO LITTLE; TOGETHER WE CAN DO SO MUCH.
INTRODUCTION What is a co-operative? A co-operative is a business organization started by people who want to use services or buy goods as a group, have an equal say in how the business is run and share in any profits the business makes. Examples in Alberta are UFA, Co-Operators Insurance, water co-ops, gas co-ops…
INTRODUCTION co-operatives are different from business corporations in that co-operatives are governed internally by seven international principles for such businesses: Voluntary and open membership Democratic member control Member economic participation Autonomy and independence Education, training and information Cooperation among co-operatives Concern for community
HOW TO FORM A CO-OP Renewable Energy Co-op Toolkit Gives information on Seven Basic steps to form a co-op Legislation governing co-ops in Alberta Frequently asked Questions Types of co-ops Co-op requirements Forms
HOW TO FORM A CO-OP Seven Basic steps to form a co-op: PHASE I - DEVELOP THE CO-OPERATIVE BUSINESS IDEA Step 1: Assemble a group of interested people Step 2: Conduct a pre-feasibility study PHASE II - CO-ORDINATE THE PRE CO-OPERATIVE'S ACTIVITIES Step 3: Hold an organizing meeting Step 4: Conduct a viability study
HOW TO FORM A CO-OP Seven Basic steps to form a co-op (continued): PHASE III - ORGANIZE AND START UP THE CO-OPERATIVE Step 5: Organize the association Step 6: Organize the enterprise Step 6.A: Plan the operation of the enterprise Step 6.B: Plan and organize the enterprise's start-up financing Step 6.C: Recruit and train the enterprise's staff Step 6.D: Ensure the legality of the enterprise's operations Step 7: Hold the initial general meeting
HOW TO FORM A CO-OP Co-ops in Alberta are governed by the Alberta co-operatives Act. This can be found that the Service Alberta websiteService Alberta It is meant to harmonize Canadian co-operative law and provincial law It is similar to co-operative legislation in other jurisdictions Incorporating your co-operative – Government of Canada
HOW TO FORM A CO-OP Specific types of co-ops (non-traditional) New generation co-operatives Multi-stakeholder co-operatives Employment or worker co-operatives
HOW TO FORM A CO-OP Co-op Requirements Three or more members Articles of incorporation NUANS report (Newly Upgraded Automated Name Search) Bylaws
HOW TO FORM A CO-OP To incorporate an Alberta-based co-operative you need to provide the following: Note: The pdf forms can be completed on-line at the Service Alberta Website, however you cannot file your documents electronically. 1.A set of the Articles of Incorporation (Note: The articles must be signed and verified by an Affidavit of Execution (pdf). See the document Articles of Incorporation Requirements (pdf) for information about what must be and what may be included in Articles.)Affidavit of ExecutionArticles of Incorporation Requirements
HOW TO FORM A CO-OP Incorporation Continued… 2.A completed Summary of Articles of Incorporation and Statutory Declaration (pdf) (this summary is for department use; you must still provide the Articles of Incorporation from step 1)pdf 3.A completed NUANS report (Newly Upgraded Automated Name Search) (Note: The report must be no more than 91 days old and must contain all 6 pages. Either the original or the carbon copy is acceptable. In Alberta, private search houses prepare NUANS reports (external site).) NUANS
HOW TO FORM A CO-OP Incorporation Continued… 4.A completed copy of Notice of Address/Change of Address (pdf) formpdf 5.A completed copy of Notice of Directors/Change of Directors/Change of Director's Address (pdf) form pdf 6.An incorporation fee of $100 (Note: Your cheque must be made payable to the Minister of Finance. If you are applying in person, you may also pay using cash, VISA or MasterCard.)
HOW TO FORM A CO-OPERATIVE Bylaws The co-operatives Act does not have standard bylaws. The act and the regulation identify what must be and what may be included in the bylaws. The document Bylaw Requirements (pdf) is available on the Service Alberta websitepdf
HOW TO FORM A CO-OP Forms 1.Annual Return SA0085Annual Return SA Notice of Directors/Change of Directors/Change of Director's Address SA0088Notice of Directors/Change of Directors/Change of Director's Address SA Summary of Articles of Incorporation SA0089Summary of Articles of Incorporation SA Notice of Initial Execution/Termination of a Unanimous Agreement SA0090Notice of Initial Execution/Termination of a Unanimous Agreement SA Notice of Address/Change of Address SA0091Notice of Address/Change of Address SA Articles of Dissolution SA0092Articles of Dissolution SA Articles of Continuance SA0093Articles of Continuance SA Articles of Reorganization SA0094Articles of Reorganization SA Articles of Amendment SA0095Articles of Amendment SA Articles of Arrangement SA0096Articles of Arrangement SA Articles of Revival SA0097Articles of Revival SA Summary of Articles of Amalgamation SA0098Summary of Articles of Amalgamation SA Statement of Intent to Dissolve/Revocation of Intent to Dissolve SA0099Statement of Intent to Dissolve/Revocation of Intent to Dissolve SA Notice of English-French Name Equivalency/Assumed Name SA0100Notice of English-French Name Equivalency/Assumed Name SA Application to Reinstate Extra-Provincial/Foreign co-operative SA0101Application to Reinstate Extra-Provincial/Foreign co-operative SA Notice of Attorney for Service/Change of Attorney/Alternative Attorney SA0102Notice of Attorney for Service/Change of Attorney/Alternative Attorney SA Statement of Registration Extra-Provincial/Foreign co-operative SA0103Statement of Registration Extra-Provincial/Foreign co-operative SA Notice of Change of Head Office Extra-Provincial/Foreign co-operative SA0104Notice of Change of Head Office Extra-Provincial/Foreign co-operative SA Notice of Cancellation of Assumed Name SA0105Notice of Cancellation of Assumed Name SA Statement of Amalgamation Extra-Provincial/Foreign co-operative SA0106Statement of Amalgamation Extra-Provincial/Foreign co-operative SA Statutory Declaration SA0122Statutory Declaration SA Affidavit of Execution SA0133Affidavit of Execution SA Statutory Declaration - Amendment(s) to Bylaws SA0136Statutory Declaration - Amendment(s) to Bylaws SA Statutory Declaration - Amendment(s) to Charter Extra-Provincial/Foreign co-operatives SA0137Statutory Declaration - Amendment(s) to Charter Extra-Provincial/Foreign co-operatives SA0137
RENEWABLE ENERGY CO-OPS Renewable Energy co-ops exist worldwide There are many in Canada, however few in Alberta They are formed in the same manner as other co-operatives Often renewable energy co-ops seek to take advantage of Feed in Tariffs (FIT) implemented by governments.
RENEWABLE ENERGY CO-OPS Feed in Tariff (FIT) - general description A Feed in Tariff (FIT) is a system which provides a guaranteed rate for electricity above the standard rate. This provides incentive for renewable energy projects as well as allowing them to be more financially viable. The increased price is passed on to consumers Alberta does not currently have a Feed in Tariff system.
RENEWABLE ENERGY CO-OPS IN ALBERTA Some Renewable Energy Co-operatives exist in Alberta Alberta does not have a Feed in Tariff system Other provinces and countries, have FIT systems and have many more Renewable Energy co-operatives Viability is difficult with no FIT
MUNICIPALITYS ROLE IN CO-OPERATIVES Government agencies can also form co-operatives, however they are governed differently. They are what is known as Multi-Stakeholder co-operatives. They are formed by a variety of stakeholders such as customers, suppliers, government agencies or other interested parties to work together as equals to achieve a common goal. They need provisions that balance the interests of its stakeholders (clients, employees, investors and community organizations), which may not be of equal size and influence, but each of which has only one vote. A multi-stakeholder co-op serves the needs of different stakeholder groups - such as employees, clients, and other interested individuals and organizations. This type of co-op is usually found in health, home care and other social enterprises. co-operatives Act
MUNICIPALITYS ROLE IN CO-OPERATIVES From the Alberta co-operatives Act: The articles may provide for the appointment of directors who are representatives of an entity, government or any other person or organization having an interest in the activities of the co- operative, but who are not members of the co-operative, as not more than 20% of the directors.
MUNICIPALITYS ROLE IN CO-OPERATIVES An example of a municipality supporting co-ops is found herehere Vulcan County council has agreed to support an application that, if successful, would provide $ in-kind support to set up a co-operative association in Vulcan County
HOW THE RENEWABLE ENERGY CO-OP TOOLKIT WORKS The toolkit was created for information and as a guide It outlines the internationally accepted principles which co- ops follow, as outlined previously It outlines the differences between co-ops and other forms of business The majority of the toolkit is for information purposes It is recommended the entire toolkit be read prior to using Basic understanding will make implementation easier There is a FAQs section which may answer some of your questions
HOW THE RENEWABLE ENERGY CO-OP TOOLKIT WORKS It outlines seven steps to creating a co-operative These outline the basic process of creating a co-op These need not be strictly adhered to, but provide a strong starting point It provides links to required forms and documentation Legislation and forms can be found on the Service Alberta Website, links are provided in the document Legal assistance will be required at some point
CONCLUSION co-operatives can be formed for many differing applications Renewable Energy co-operatives in Alberta are no different than other co-ops (except those with special legislation) A co-op can offer advantages over other business models Alberta currently has no Feed in Tariff system Municipalities do not form co-ops themselves, but can offer support