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Press releases

January 5, 2017

A 12-Month Return of 7.5% for Shareholders of the Fonds de solidarité FTQ

The Fonds de solidarité FTQ today announced that its share value is now $36.11. Setting a new record, this value is $1.38 higher than in July 2016, translating into a 6-month return of 4.0% and 7.5% for the 12-month period of December 1, 2015 to November 30, 2016. These returns do not factor in the tax credits and RRSP deductions granted to shareholders.

December 15, 2016

$ 400 million mixed-use redevelopment project annonces for the former Montreal children's hospital site

Devimco Immobilier has submitted its plans to the City of Montreal for a mixed-use redevelopment project on the former site of the Montreal Children’s Hospital. The plans call for, among other things, the incorporation of a large-scale community centre and social housing on the site, the development of new green spaces, and the restauration of the site’s oldest building.

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.