Co-operatives have over 14.5 million memberships and over 136,000 employees and play an essential role in the Canadian market. The Non-financial cooperatives reported $27.8 billion of combined business volume and assets of $15.1 billion in 1996. To forecast the financial strength of these co-ops cannot only be a helpful tool to prevent their bankruptcy but also a tool to develop specific assistance programs.The most popular financial strength predictors used in Canada are Springate and Fulmer Models but there are key underlying elements that make co-ops different than Investor Owned Firms. Given these differences, a different formula for Co-ops bankruptcy prediction is needed. The objective of this research is to evaluate the efficacy of these current predictors and to come forward with an improved Predictor for Non-financial Co-operatives in Canada, using Discriminant Analysis.