Quote:
Originally Posted by The Yen Man
The other half goes to their equity fund, which I have no idea whether it really gives me any benefit. I'd rather they give me back the whole $0.08, but what are you gonna do?
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It actually goes into your own equity in Co-op. And as your equity goes up, so does your percentage. Currently I have around $1800 in equity, and I now get 85-90% of my rebate back. You can cash in your equity when you turn 65, or if you move out of the Calgary market. So you do get that money back eventually.