Fonds locaux (local funds)

Back in 1991, the Fonds de solidarité FTQ and the Fédération québécoise des municipalités conceived the idea of a network of local solidarity funds. Thanks to the involvement of municipal officials and local partners, this network, supports the local economy by furthering the development of SMEs and creating and maintaining lasting, quality jobs.

Businesses can obtain financing from the local solidarity funds through the dedicated and versatile specialists that support local economic development, either in the Regional County Municipality (RCM) — or their equivalent — or in any organization designated by them.

Thanks to the local solidarity funds, the regions have a tremendous development tool at their disposable, with over $113 million in funding available for their SMEs:

 

  • $27 million invested by local partners;
  • $86 million from the Fonds de solidarité FTQ to support local economies.

 

Making a difference…

Number of local funds
87
Number of projects authorized
5 963
Financing authorized
$186 million
Total value of projects
$2.8 billion
Jobs created and maintained
53,760

Report as at December 31, 2021

Annual Report 2019


  • (In French only)

Annual Report 2019


  • (In French only)

Press Release

Message from the President