Press releases

December 31, 2020

Fonds de solidarité FTQ Posts 11.0% Return for First Six Months of 2020-2021

For the first six months of its financial 2020-2021 year, the Fonds de solidarité FTQ posted comprehensive income (profit) of $1.6 billion for the benefit of its over 700,000 savers. Share value is now $49.11, representing a shareholder return of 11.0% for the 6-month period ended November 30, 2020 and a 12-month return of 6.3%. Net assets grew to $15.6 billion.

December 15, 2020

Over $2 Million Invested in Microbrasserie Le BockAle

Drummondville-based Microbrasserie Le BockAle is proud to announce the closure of a $2.1 million funding round. Thanks to support from the Fonds régionaux de solidarité FTQ Centre-du-Québec (FRS), Canada Economic Development for Quebec Regions, the Ministère de l'Économie et de l'Innovation, Investissement Québec and Desjardins Entreprises Centre-du-Québec, the business will be in a position of strength to pursue the sustained growth it has experienced in recent years.

October 15, 2020

Didier Leconte Elected Chair of adMare Board

adMare BioInnovations, Canada’s global life sciences venture, is pleased to announce the election of Mr. Didier Leconte, Vice President, Investments - Life Sciences and Funds Management with the Fonds de solidarité FTQ, as Chair of its Board of Directors. He succeeds Dr. Brad Popovich who will continue to serve on the Board as Past Chair.

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.