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 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-owners a
reasonable return over and above the
outstanding tax benefits they receive by purchasing Fonds shares.
The largest development capital network in the province,
the Fonds de solidarité FTQ was created on the
initiative of the FTQ, Québec’s largest central labour body
. Through its
governance and codes of
ethics, the Fonds is a socially responsible investor committed to
sustainable economic development where people come first. Aside from investing capital, the Fonds is committed to supporting the growth of its partner companies by offering value-added services such as
economic training. With net assets of $8.8 billion as of Novembre 30, 2012, the Fonds de solidarité FTQ has become a hub of knowledge and resources for Québec businesses and a key player in the local economy.