Can I register for the random selection if I already subscribe to Fonds shares or if I did so via a previous random selection?

Yes. You can register whether or not you are an existing Fonds saver and whether or not you participated in a previous random selection.

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% in tax credits.[1]

The maximum amount of share subscriptions eligible for the 30% in labour-sponsored fund tax credits is $5,000 per year, per person.[1]

The random selection enables you to combine this new opportunity to subscribe to shares through bank withdrawals with your existing share subscription via automatic bank withdrawal to reach a total of $5,000, making you eligible for tax credits in either the 2025 or 2026 tax years.

Example:

  • You already contribute $200 per month via automatic bank withdrawal = $2,400
  • You contribute a lump-sum amount through the random selection = $2,600

Combined annual total = $5,000

Important: Do not cancel your existing bank withdrawal. If you contribute an additional amount as part of the random selection process, you will need to set up a second bank withdrawal.

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    The subscription for 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 for shares of the Fonds de solidarité FTQ. These shares can be held in an RRSP at the Fonds de solidarité FTQ and allow you to benefit from the tax credits, in addition to the RRSP deduction from your income. These shares can also be held in a non-RRSP account at the Fonds de solidarité FTQ. In this case, you can only claim the tax credits. Thus, by subscribing for shares of the Fonds de solidarité FTQ held in an RRSP at the Fonds de solidarité FTQ, you can, depending on your tax situation, benefit from more tax savings than the usual RRSP deduction. The Fonds de solidarité FTQ uses the term "RRSP+" to illustrate this enhanced tax benefit.

    Please read the prospectus before subscribing for 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.