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.
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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).
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