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Press releases

May 9, 2018

UniCité: New Residential Rental Project in Rosemont–La Petite-Patrie Complete with an IGA Supermarket

The Fonds immobilier de solidarité FTQ and Cogir Real Estate are partnering for the construction of a new rental residential project, UniCité, on Molson Street in the Montréal borough of Rosemont–La Petite-Patrie. The building will consist of 175 units and commercial space that will be occupied by an IGA supermarket. It will include 28 community housing units managed by a housing cooperative with the help of the social economy enterprise Bâtir son quartier.

February 14, 2018

Cap on shares issued has now been reached

The cap on shares issued for the Fonds’ 2017-2018 fiscal year has now been reached. Starting today, it is no longer possible to subscribe for shares of the Fonds de solidarité FTQ on a one-time or ad hoc basis. This cap does not, however, affect savers who have signed up (or who wish to do so!) for payroll deductions or automatic bank debits.

January 5, 2018

Fonds de solidarité FTQ Posts 12-Month Return of 8.9%

In the first six months of its 2017-2018 financial year, the Fonds de solidarité FTQ posted comprehensive income (profit) of $506 million for the benefit of its 645,000 savers. Share value is now $39.32, for a shareholder return of 3.8% for the six-month period ended November 30, 2017, and a 12-month return of 8.9%. Net assets grew to $13.7 billion.

December 6, 2017

Janie Béïque appointed Chief of Investments and Strategic Investment Initiatives of the Fonds de solidarité FTQ

Normand Chouinard, Executive Vice-President, Investments of the Fonds de solidarité FTQ, is pleased to announce the appointment of Janie C. Béïque as Chief of Investments and Strategic Investment Initiatives. In her new position, she will oversee the Fonds’ investment portfolio as well as define the organisation’s future strategic direction with respect to investments and implement them.

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.

Please read the prospectus before buying Fonds de solidarité FTQ shares. Copies of the prospectus, from a local representative or at the offices of the Fonds de solidarité FTQ. The shares of the Fonds de solidarité FTQ are not guaranteed, their value changes and past performance may not be repeated.