Is there a maximum annual contribution for employees?

No. However, the Fonds may limit the subscription options available in order to meet its commitments and maintain a balanced business model. This potential limit will not affect savers who contribute via payroll deduction.

Tax credits granted to savers who acquire shares in a labour-sponsored fund are limited to $1,500 per tax year, which is equivalent to purchasing $5,000 worth of Fonds shares.

Individuals are responsible for ensuring that their Fonds contributions are eligible for tax credits and RRSP deductions.

Legal Notes
1
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 ( 814 Kb )