To value and nurture the best of Québec entrepreneurship

Buying Shares

Back to homepage

2017 share issue

The pre-subscription period has ended and demand for the 2017 issue has exceeded the set limit of $135 million.

Next steps

Random selection

On October 2, 2017, investors were selected at random from the requests received.

  • If you were selected, your caisse advisor will contact you to set up an appointment before November 24, 2017.
  • If you were not selected, note that not all investors who were selected in the first round might not complete their purchases. Accordingly, it’s possible we may contact you at a later date.

For a list of caisses

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) to a maximum $3,000
  • Non-refundable tax credit in Québec of 40% of the amount invested (maximum tax credit of $1,200)
  • 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