Can I register for the random selection if I already subscribe to Fonds shares or if I did so via the spring 2024 random selection?

Yes. You can register whether or not you are an existing Fonds saver and whether or not you participated in the spring 2024 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 2024 or 2025 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

  • 1

    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.