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Co-op for UTSC Management&Accounting program?

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Should I choose the co-op program, or just the regular? I have a 88% average right now. I'll try my best to get a 90%, but I'm not sure if I can...

My EC's:
Kids Help Phone volunteer
Sunnybrook Hospital volunteer
Wrote for the school newpapaer
Organized a small fundraising event
Performed on the school's talent show
Entered into a singing contest
Occasionally help out at local church with event planning, etc.

Should I apply for the co-op one? What are my chances of getting in to the co-op versus just the regular program (as a percentage)?

Also, what are my chances of getting into Rotman Commerce with these marks and EC's?

I'm also thinking of Schulich.... I know that my second semester marks will be much higher, so my top six will definitely be in the 90's. I'm wondering if I'm able to get into Schulich with my current marks, or possibly a 90% average by the end of this semester?
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