What's the difference between the Fonds de solidarité FTQ RRSP+ and a traditional RRSP?

Compared to a traditional RRSP, the RRSP+ at the Fonds offers your employees not one, but two tax benefits: The deduction applicable to any RRSP and the Fonds' additional 30 percent tax credit.¹

The RRSP+ is advantageous not only for your employees, but also for all Québecers. Money saved with the Fonds is primarily invested in local businesses throughout the province to stimulate the economy and help create, maintain, and safeguard jobs.

Legal Notes
The Fonds de solidarité FTQ's shareholders will receive 15% in tax credits from the Québec government and 15% from the federal government. They are capped at $1,500 per fiscal year, which represents a $5,000 purchase of shares of the Fonds de solidarité FTQ.
Please read the prospectus before buying Fonds de solidarité FTQ shares. 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 shares of the Fonds de solidarité FTQ are not guaranteed, their value changes and past performance may not be repeated.

Prospectus_EN ( 838 Kb )
Example based on the 2023 taxation year for an individual with an annual taxable income of $31,500, at a marginal rate of 26.5%. The calculated amounts are estimates that can vary according to your tax situation.