The requirements for membership can be found below.
To become a member of Red River Cooperative Ltd. you will need to provide the following information during the application process (Note: all of the items are mandatory):
- Social Insurance Number (SIN #) – * Please see clarification below
- Birthdate (required for over age by-law)
- Mailing Address with Postal Code (allocation and cheque mail-out)
- Phone Number
Without compliance of the above required information, Red River Co-op will not be able to sell you a membership.
Your Social Insurance Number is required under the Income Tax Act for reporting purposes and in order to issue a T4A slip.
Red River Co-operative Ltd. is required by law to have this number on file and does not violate the Personal Information Protection and Electronic Documents Act (PIPEDA).
In the event your equity allocation is over $100.00 and purchases are made for personal use only, your SIN # will assist you with the ability to collect the withholding tax held by Canada Revenue Agency (CRA) when filing your annual personal income taxes. Not only will you be able to benefit from Red River Co-op's equity and cash back program, you can also collect further funds from CRA.