Understanding Your Equity
ActionsEarnings from Pioneer Co-op are distributed to members based on their purchases during the year. Earnings are returned to members as equity and/or cash, depending on the co-op’s financial situation.
The cash portion is paid out each year.
The equity portion is retained by the Pioneer Co-op to help finance the business, and maintain and upgrade assets to ensure ongoing success.
Equity is normally paid out:
— when you move away from the trading area or
— when you reach over 70 years of age as specified by the Board of Directors or
— when the equity is paid to your estate
If you wish to request a payout of your equity, please download and complete the PDF file attached below. You can return it by email to equity@pioneercoop.ca or mail, fax, or drop it off at one of our locations.