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Press releases

July 5, 2016

“It pays to invest in Québec!” - Gaétan Morin

The Fonds de solidarité FTQ announced today a new record for its share value, now at $34.73. Comprehensive income for the year ended May 31, 2016 is $498 million, and net assets increased to $11.7 billion. The annual return to the shareholder is 4.4%. This past year, the Fonds invested $686 million in development capital in companies impacting the Québec economy.

July 5, 2016

“It pays to invest in Québec!”

The Fonds de solidarité FTQ today announced a new record for its share value, now at $34.73. Comprehensive income for the year ended May 31, 2016 is $498 million, and assets grew to $11.7 billion. Shareholders’ annual return is 4.4%. This past year, the Fonds invested $686 million in development capital in companies impacting the Québec economy.

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.