Am I eligible for the 30% in tax credits if I contribute to an RRSP+ by subscribing to Fonds shares through the random selection?

The same criteria and conditions apply to all Fonds savers, whether or not they subscribe to shares through the random selection. For example, starting the year in which you turn 65, you are no longer eligible for these tax credits.[1]

An RRSP+ entitles you to tax credits totalling 30% of the amount of your share subscriptions.[1] The maximum share subscription amount eligible for the 30% in tax credits[1] is $5,000 per year, per person. That's an additional tax savings of $1,500 ($750 at the provincial level and $750 at the federal level).

However, the Fonds will not verify whether selected individuals already subscribe to Fonds shares. If you are selected, make sure your total share subscriptions do not exceed $5,000 if you want the full amount to be eligible for the 30% tax credits.[1]

Learn more about the eligibility criteria for the 30% in tax credits

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    The subscription of shares of the Fonds de solidarité FTQ may give rise to labour-sponsored fund tax credits. The tax credits amount to 30%, namely 15% at the Quebec level and 15% at the federal level, and are limited to $1,500 per fiscal year, which represents a $5,000 subscription of shares of the Fonds de solidarité FTQ.

    Please read the prospectus before subscribing to shares of the Fonds de solidarité FTQ. 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 shares of the Fonds de solidarité FTQ are not guaranteed, their value changes and past performance may not be repeated.