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Press releases

February 2, 2016

Support and funding for Acier Québec-Maritimes: The Fonds régionaux de solidarité FTQ Bas-Saint-Laurent invests $1M for the sustainability of a Lower Laurentian flagship

Since its inception 45 years ago, JM Bastille Acier neuf, has become a leader within the trade and distribution sectors of ferrous and non-ferrous metals. In 2012, Mr. Jean-Claude Chouinard took over the reins of the business with a clear mission: to accelerate the company’s development in Eastern Quebec and New Brunswick.

Created in 1983, the Fonds de solidarité FTQ is a development capital fund that calls upon the solidarity and savings of Quebecers to help fulfill its mission to contribute to Québec's economic growth by creating and protecting jobs through investments primarily in small and medium-sized businesses in all spheres of activity.

The Fonds also seeks to encourage Quebecers to save for retirement and to offer its over half a million shareholders-savers a reasonable return over and above the outstanding tax benefits they receive for purchasing Fonds shares. A leading purveyor of unsecured risk capital (growth and venture capital), the Fonds continues to drive our economy.