To value and nurture the best of Québec entrepreneurship

Buying Shares

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2018 share issue

  • Invest up to $3,000
  • Receive a 35% Quebec tax credit ($1,050 max.)
  • Help drive the growth and sustainability of local companies

Read the press release

Acquisition process

As in past years, a random selection process will be used for the 2018 share issue subscriptions if demand exceeds $140 million. Investors interested in the product will have to make a pre-subscription request between 9 a.m. on September 4, 2018 and 5 p.m. on September 24, 2018 using the secure web form available during this period at www.desjardins.com/crcd or via AccèsD.

If demand for the shares is less than $140 million, all investors who have filled out the online form will have the option to obtain shares.

Investors selected at the end of the pre-subscription period will have until November 9, 2018 to complete their subscription.

Major innovation in 2018

  • Selected investors who are already CRCD shareholders will be able to subscribe independently online via AccèsD, without having to make an appointment at a caisse. Anyone who is not an AccèsD user or an existing shareholder will have to make arrangements with a caisse advisor.
  • Also, to be sure not to miss the pre-subscription period, investors can sign up for an email alert starting on June 15, 2018 at www.desjardins.com/crcd.

Product features

  • Available to all Québec taxpayers (deemed residents of Québec as at December 31 for tax purposes), members of Desjardins or not
  • Minimum annual purchase of $500 (and in units of $100 after that). Maximum to be determined in the next few weekds
  • Non-refundable tax credit in Québec of 35% of the amount invested
  • Tax credit may be transferred between spouses, but not carried forward to a subsequent tax year
  • Seven-year holding period
  • Investment is independent of workers’ funds (which means investors can subscribe for shares in a workers’ fund as well as shares of CRCD)
  • Not eligible for TFSAs, RRSPs, RRIFs or any other registered plan
  • Return not guaranteed, potential capital gain or loss on redemption
  • On redemption, loss of tax credit on any new subscription
  • Administrative charges of $50 (taxes included) are payable on account opening and closing

Investment advantages

  • You have a high taxable income
  • Your RRSP no longer gives you income tax savings
  • You are looking for ways to reduce your tax bill
  • You want to diversify your portfolio
  • You want an attractive tax credit and long-term return potential
  • You are interested in contributing to the growth and continuity of Québec companies and cooperatives