Are You Ready to Invest in Less?

Peg City Car Co-op started as but a small idea four years ago. A group of volunteers sat down together and made a list of what transportation could look like in Winnipeg. Their vision revolved around the idea of less congestion, fewer cars, less parking pressure, and less pollution. But that concept of less was in fact a vision for more. More opportunities for biking, busing, walking and most importantly a city with enough transportation choices to live car-free or car-light. They understood that there is more than one way to move around a city.

Since launching in June 2011, we’ve expanded our membership and our fleet. We now have 4 vehicles, in 3 different neighbourhoods and we have over 100 members. We have received more positive feedback than we could have ever expected and we are so grateful for the overwhelming support we have received so far.

But there is more work to do.

We want to serve neighbourhoods outside of Osborne Village and South Osborne. We are looking to Corydon, Broadway-Assiniboine, West Broadway, Wolseley, the West End, Downtown, and the Exchange District. We want to build a dense-enough carsharing network that for every member, there are at least 2 cars within a 10 minute walk.

Here is where you come in:
Over the next 2 years we would like to expand into new neighbourhoods and have 11 vehicles that serve the transportation needs of 350 members.

You can help get us there

Peg City now has investment shares available for purchase! If you would like to see carsharing grow in Winnipeg, and help us reach our expansion goals, this will make it happen. We have been approved as an eligible enterprise under the Province of Manitoba’s Community Enterprise Development (CED) Tax Credit Program. What does this mean, you ask? Well it means that come tax time, you will be eligible to claim a tax credit of 30% of the amount of your investment. This is an opportunity to do good for your community (while getting something in return). How great is that?

Visit pegcitycarcoop.ca/invest and check out our investment meter on the sidebar over the next few months to keep up to date on our progress!

For a related post, check out Carsharing and the Local Economy from earlier this year.