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Press releases

July 18, 2018

The Port of Montreal and the Fonds de solidarité FTQ team up to attract businesses to the Port’s logistics chain: $100 million for new projects

The Montreal Port Authority (the MPA) and the Fonds de solidarité FTQ (the Fonds) announced today that they have signed an agreement to create the Partenariat de financement logistique Fonds de solidarité FTQ – Port de Montréal (the Fonds de solidarité FTQ – Port of Montreal logistics financing partnership), making $100 million available to companies with a development project in Greater Montreal connected with the Port’s logistics chain. The amount will be made available to companies through the Fonds in the form of share capital or an unsecured loan.

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.