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Press releases

August 2, 2017

Fonds de solidarité FTQ, Proud to Support Growth of Clementia Pharmaceuticals

In the wake of Clementia Pharmaceuticals’ initial public offering (IPO), the Fonds de solidarité FTQ confirms it has invested US$ 10 million in the company in March 2017. The Fonds is also participating in the company’s IPO. Clementia Pharmaceuticals is developing a drug to treat fibrodysplasia ossificans progressiva, an ultra-rare and severely debilitating disorder.

July 6, 2017

Humaniti Montréal real estate project does things in style

Cogir Real Estate, in partnership with the Fonds immobilier de solidarité FTQ, has officially broken ground on the HUMANITI Montréal project. At the same time, Cogir immobilier and the Fonds de solidarité FTQ announced that the hotel slated to be built as part of this project, HUMANITI Hôtel Montréal, will be under the Autograph Collection Hotels banner, making it the first property under this brand, owned by the world’s largest hotel chain, Marriott, to appear in Montréal. It will be recalled that HUMANITI, a unique mixed-use project, is the first of its kind in Canada.

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.