Fonds de solidarité FTQ reports 615,664 investors, over $9 bln in assets
At its annual general meeting in Montréal last week, the Fonds de solidarité des travailleurs du Québec FTQ reported a ninth consecutive increase in share value in its 2012-2013 fiscal year, shareholders totaling 615,664, and net assets totaling $9.3 billion. Fonds chairman and FTQ president Michel Arsenault and Yvon Bolduc, president and CEO, also flagged continuing support for the 15% federal tax credit for investors in labour-sponsored venture capital corporations, citing 110,000 Québec residents who have either written to the Minister of Finance, or signed a petition, in opposition to the credit's proposed elimination by 2017.
1 October 2013•3 mins read
