The Fonds generally expects to meet its annual cash flow targets from payroll source deductions and contributions made by savers who are already signed up for automatic bank withdrawals.
That said, to make saving more accessible to a wider audience, an additional share offering may be issued for a limited time. During that period, it is possible to subscribe to shares through bank withdrawals.
What's your situation?
You contribute to the RRSP+ through employer payroll deductions
You can view and change the amount deducted from your pay at any time in your online account.
You are already registered for automatic bank withdrawals
It is not currently possible to increase your contribution amount. Please also keep in mind that if you cancel your preauthorized withdrawal agreements at any point during the year, you won't be able to reinstate them. You will need to wait for a lump-sum contribution period before setting up new bank withdrawals.
You are repaying an amount you withdrew as part of the HBP or LLP through the Fonds de solidarité FTQ
Lump-sum contributions and automatic bank withdrawals continue to be accepted in order to reimburse amounts you withdrew from the Fonds as part of the Home Buyers' Plan (HBP) or Lifelong Learning Plan (LLP).
Don't have access to payroll deduction?
You may be able to save with the Fonds through bank withdrawals during a lump-sum contribution period. The dates for this period are typically announced each year around June 1.
FlexiFonds: available at all times
If you're looking for another way to invest your savings in the local economy, FlexiFonds mutual funds may be an interesting option, as they include 30% Fonds shares. However, note that the labour-sponsored fund tax credit does not apply to FlexiFonds funds.