Invest in Your Local Economy with Peg City Car Co-op

Peg city coopCar sharing is an industry on the rise — and it’s no different here in Winnipeg. Peg City Car Co-op is Winnipeg’s first and only car sharing service, and since launching in 2011 they have grown at a steady pace. By the end of 2013, the co-op had doubled its fleet (they now have 9 cars) and recruited their 250th member!

Peg City wants to continue to build on that expansion, and is once again offering the public the chance to purchase investment shares of $100 each. Last year, Peg City raised $66,800, and is hoping to do it again.

Why should you invest?

Car-#9-(511-River) Peg City investment shares are a way to invest in your local economy, and thanks to the Province of Manitoba’s Community Economic Development (CED) Tax Credit Program, your investment is eligible for a 30% tax credit. Different than a donation, this is an opportunity to do something good for your community while getting something good in return.

INVEST IN LESS: Peg City Car Co-op from Peg City Car Co-op on Vimeo.

There are many reasons to consider making an investment in Peg City Car Co-op — here are just a few of them:

  • You want to support the growth of a local, co-operatively owned enterprise.
  • You would love to try car sharing, but we currently don’t have any vehicles in your neighbourhood.
  • You want to take advantage of the 30% tax credit on your investment.
  • You believe in the environmental benefits of car sharing.
  • You like the idea of car sharing, and want to see it succeed, but it currently doesn’t fit your lifestyle*.

Volt*This last one used to be me. Although I have worked with the co-op since 2010, I only became a member myself this past year. Like many people, I supported the idea, but I just wasn’t sure if it was the right fit for me. Turns out, it was exactly the right fit – the missing piece of my transportation puzzle.

Bike. Walk. Bus. And Sometimes, Drive.

Most members are people who bike, walk or bus for most of their trips. A car is simply just not needed … most of the time. For me, those times are so infrequent that it is hard to justify the costs associated with vehicle ownership for a couple of trips to the grocery store.

4 Cars in a Row

To learn more about investing or becoming a member, visit

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6th Floor, 200 Main Street
Winnipeg, MB R3C 1A8


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