Press releases

September 17, 2016

Reinstatement of the Federal Tax Credit and Strategic Planning Make for a Pivotal Year for the Fonds de solidarité FTQ

Gathered at the Annual General Assembly, the shareholders of the Fonds de solidarité FTQ reviewed the past year, which turned out to be pivotal for the Fonds’ future. Besides the reinstatement of the federal tax credit by the Trudeau government, the Fonds completed a strategic planning process that culminated in new orientations and investment priorities.

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.