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“It pays to invest in Québec!”

The Fonds de solidarité FTQ today announced a new record for its share value, now at $34.73. Comprehensive income for the year ended May 31, 2016 is $498 million, and assets grew to $11.7 billion. Shareholders’ annual return is 4.4%. This past year, the Fonds invested $686 million in development capital in companies impacting the Québec economy. “Our portfolio of Québec companies returned 8.8%, once again confirming that it pays to invest in Québec,” said Gaétan Morin, President and Chief Executive Officer of the Fonds de solidarité FTQ. Find out more
The Fonds’ new strategic orientations In order to better respond to shareholder expectations and to the needs of the Québec economy, the Fonds de solidarité FTQ is undertaking a strategic planning process, of which certain details were recently made public. As such, the Fonds will boost its support for Québec flagship companies and help fill the socio-economic infrastructure gap with more investments. It will stimulate local innovation and increase its activities in four sectors of excellence – aerospace, agri-food, forest products and life sciences. Find out more
How to contribute to the Fonds de solidarité FTQ Quebecers can contribute to the Fonds in various ways and benefit from the extra 30% in labour fund tax credits for the 2016 tax year, more specifically: Through the Fonds’ local representatives in the workplace and through its field offices, where they can get help with enrolment and transactions; On www.fondsftq.com, where with just one click they can choose their method of contribution and payment as well as access their account to make online transactions; or By calling Shareholder Services at 1 800 567-FONDS (3663). Find out more
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