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Has your co-op qualified for municipal status?
Date
3 November 2022
Your co-op probably knows that by qualifying as a non-profit organization providing housing, you can receive GST/HST rebates, but did you know that applying and qualifying for municipal status could open up opportunities for more refunds?
Municipal status was initially created to recognize the
Tip of the Month
Capital Reserve Balance
61% of Agency clients hold a capital reserve balance of at least $6,000 per unit. By almost doubling the amount from 2007, co-ops are nearly twice as ready to meet their future needs.