Share in Our Profits

2024-2025 Allocation

Member-owners receive dividends based on their yearly purchases and our overall performance and profits as a local Co-op. For the 2024-2025 fiscal year, North Central Co-op continue to focus our efforts on expanding our network and offering more opportunities to shop Co-op. We opened a new cardlock in Stony Plain, and a new full-service food store in the Orchards community of Edmonton.

Despite an aggressive growth strategy, North Central Co-op’s total sales for the year ending January 31, 2025 amounted to just over $419 million with a net loss of $2.971 million. This growth comes at a cost, but enduring the short-term sacrifices now will ensure we remain resilient, and have a sustainable future and continue to be relevant while serving our communities for decades to come. For this reason, we will not be in a position to provide a general cash or equity allocation this year as we work diligently with our partners at Federated Co-operative Limited (FCL) to ensure we can normalize our operations. However, as part of our commitment to our member-owners you can expect more instant rewards at the till. 

Thank you to all our loyal members for continuing to support your local Co-op as we work to build a resilient, sustainable future together. You can now view your equity statements in the Co-op app, under membership > view membership details > equity statements.

Support your Co-op in more ways than one. 

When you purchase more than one of our products or services, your investment grows, and you help keep more money in your community. Any profits realized within the year are shared with you and your community. Annually, equity is shared with our members either as a cash dividend or held in our membership reserve. Like other investments, allocation depends on our overall annual performance, future investments and growth objectives.