If you invest $1,000 in an RRSP with the Fonds, you benefit from savings totalling $634 ($384$ from the RRSP deduction + $250 from the additional tax savings of 25% specific to the Fonds)*.
The result: your $1,000 investment only costs you $366!
On top of that, you will have contributed to the Québec economy and helped creating jobs in the province. What’s better than that?
Note: The Fonds de solidarité FTQ shares are subject to specific redemption criteria that may not be suitable for all investors. Please refer to the Fonds' Prospectus for more information.
* Example for an individual with an income of $45,000. The tax credits granted to the Fonds for the 2015 tax year are 10% at the federal level and 15% at the provincial level. For the 2016 tax year, the federal and provincial rates will be 5% and 15% respectively.