The governments agreed to provide you with a tax incentive to support the Fonds' economic mission. That's why you are entitled to an additional 30% in tax savings* when you subscribe to Fonds shares, over and above the standard RRSP deduction.
Why do I get tax credits when I contribute to the Fonds de solidarité FTQ?
The governments have agreed to offer these tax credits to encourage Quebec workers to invest with the Fonds de solidarité FTQ so that it can pursue its essential economic mission.
Legal Notes
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.
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 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.
