Understanding the co-operative difference.
A housing co-operative is a not-for-profit organization owned and controlled by its members. Instead of paying rent to a landlord, members pay “housing charges” that cover the co-op’s actual operating costs. Members share in the responsibility of maintaining the co-op — and share in the benefits of community living.
Housing charges cover costs only. There are no profits paid to shareholders or landlords.
Members vote on decisions that affect the co-op. One member, one vote — always.
Co-ops work to build strong communities inside and outside the building.
The 7 principles guide how co-operatives put their values into practice worldwide.
Open to all who can use the co-op’s services and accept the responsibilities of membership, without discrimination.
Members control the co-op. Each member has one vote and participates in decisions.
Members contribute financially and share in benefits. No return on shares — surplus funds future operations.
Housing co-ops are independent associations controlled by their members, following applicable laws.
Co-ops provide education so members, directors, and staff can play a full role in co-op life.
Co-ops grow stronger by organizing together in federations and using each other’s services.
Housing co-ops work to build strong communities, improve quality of life, and protect the environment.
Chegoggin Co-operative Homes Inc.
Brampton · The Flower City
11 Church St W
Brampton, ON L6X 4J7
Mon – Fri: 9:00 AM – 4:30 PM
Closed Weekends & Holidays
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