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Press releases

March 5, 2018

Work Begins on Two Affordable Housing Properties for People with Reduced Mobility in Sherbrooke

Han-Logement, a non-profit organization (NPO), and the Fonds immobilier de solidarité FTQ are pleased to announce the start of construction on two six-unit buildings adapted for the disabled, on Lavigerie Street in Sherbrooke. The two properties are part of a major project – announced in December – for the construction of 100 new affordable housing units for people with reduced mobility in Estrie.

March 1, 2018

Close to $1 million made available to support businesses on the territory of La Matanie RCM

La Matanie RCM, the Fonds d’innovation et de développement économique local de la Matanie (FIDEL), Caisse Desjardins de La Matanie and the Fonds locaux de solidarité FTQ are pleased to announce the recapitalization of the Fonds local de solidarité (FLS). Thanks to this partnership, $900,000 is now available for the development of Matanie businesses in order to create a strong economy driven by job preservation and creation.

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.