If I experience a loss pertaining to my home, can I withdraw money from my RRSP+?

Yes, but only if it’s your primary residence.

Loss related to secondary homes, such as cottages, are not eligible for redemption of your RRSP+ with the Fonds.


The shareholder must show that there was a loss without indemnification or with partial indemnification


must declare financial inability to pay for the consequences of the loss


must have liquidated and used up all redeemable investments (including any other RRSP), the purchase of the shares being the last resort.

Documents required:

The Fonds de solidarité FTQ form which includes a section entitled “Shareholder’s Solemn Declaration” attesting to the financial inability to pay the consequences of the loss


proof of the loss :

  • a fire
  • water damage
  • a natural catastrophe
  • a breakage or safety defect of equipment causing damage to the principal residence
  • a deficiency or defect in the foundation or structure of the residence to such an extent that it endangers the health or safety of the occupants

proof of partial indemnification or absence of indemnification


proof of the costs related to the loss for the repair or replacement of the assets damaged by the loss


proof that all redeemable family investments have been liquidated and used up to pay part of the costs related to the loss or that the family investments are not redeemable.

Eligible shares:

All shares held.

Subsequent share acquisition:

One year after purchase by the Fonds de solidarité FTQ.

Disbursement terms and conditions:

A net payment equal to the amount required to cover a substantial part of the cost to replace the asset. Cheque payable jointly to the shareholder and the creditor (if applicable).

Do you have more questions?

Our agents will be pleased to answer any questions you may have at:

Legal Notes
Please read the prospectus before buying Fonds de solidarité FTQ shares. Copies of the prospectus may be obtained on the Website fondsftq.com, from a local representative or at the offices of the Fonds de solidarité FTQ. The indicated rates of return are the historical annual compounded total returns including changes in share value and reinvestment of all dividends and do not take into account income taxes payable by any security holder that would have reduced returns. The shares of the Fonds de solidarité FTQ are not guaranteed, their value changes and past performance may not be repeated.