To value and nurture the best of Québec entrepreneurship

Buying Shares

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2018 share issue

  • The demand for shares exceeded the authorized amount of $ 140 million.
  • The random selection will take place on September 28, 2018.
  • You have until November 9 to complete your subscription.

Acquisition process

As in previous years, a random selection process is being used for the 2018 share issue subscriptions since demand exceeded $140 million.

Investors selected will have until November 9, 2018 to complete their subscription.

New 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.

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) up to $3,000
  • 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

CRCD shares are not garanteed, their value fluctuates and their past performance is not indicative of their futur returns. Investment fees may apply. Please read the prospectus before investing.