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Press releases

March 15, 2019

Fonds de solidarité FTQ to Boost Investments to $1 Billion a Year to Support Québec Businesses

“Since the Fonds de solidarité FTQ was created 35 years ago, the world has become a different place. Today, the world is changing at lightening speed. We must all rethink our business models and find ways to innovate. We all have to orchestrate transformations that will pave the way not only to better productivity but also to lasting prosperity and a greener planet.” This is how Fonds President and CEO Gaétan Morin outlined his organization’s three-year plan to members of the Chamber of Commerce of Metropolitan Montreal.

January 22, 2019

Cap on shares issued has now been reached

The cap on shares issued for the Fonds’ 2018-2019 fiscal year has now been reached. Starting today, the Fonds cannot accept contributions by one-time payment, either by cheque or automatic bank transfer, until May 31, 2019. However, this cap does not affect savers who have signed up (or who wish to sign up) for payroll deductions or automatic bank withdrawals.

January 5, 2019

Fonds de solidarité FTQ Posts 12-Month Return of 5.8%

In the first six months of its 2017-2018 financial year, the Fonds de solidarité FTQ posted comprehensive income (profit) of $314 million for the benefit of its 667,000 savers. Share value is now $41.61, for a shareholder return of 2.2% for the six-month period ended November 30, 2018, and a 12-month return of 5.8%. Net assets grew to $14.8 billion.

Created in 1983, the Fonds de solidarité FTQ is a development capital fund that calls upon the solidarity and savings of Quebecers to help fulfill its mission to contribute to Québec's economic growth by creating and protecting jobs through investments primarily in small and medium-sized businesses in all spheres of activity.

The Fonds also seeks to encourage Quebecers to save for retirement and to offer its over half a million shareholders-savers a reasonable return over and above the outstanding tax benefits they receive for purchasing Fonds shares. A leading purveyor of unsecured risk capital (growth and venture capital), the Fonds continues to drive our economy.

Please read the prospectus before buying Fonds de solidarité FTQ shares. Copies of the prospectus, 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.