30% tax credits eligibility - all you need to know

Please note! Taxable income will not be a criterion for access to tax credits.

The maximum taxable income ($112,655 in 2022) required to qualify for the 30%[1] tax credits specific to labour-sponsored funds has been postponed for 3 years. This decision was taken by the Quebec government to enable labour-sponsored funds to raise more capital and increase their investments, particularly in the housing sector.

Since its inception, the Fonds de solidarité FTQ has regularly exchanged views with governments with the aim of implementing innovative, solidarity-based solutions to today's socio-economic challenges. This decision is the result of productive and ongoing discussions with public decision-makers.

Remaining eligibility requirements

The other usual criteria are still required to qualify for labour-sponsored funds tax credits.

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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.

    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.