The retail funds
Resolution #12: The retail funds (Official French version)
We also propose the abolition of tax credits that benefit the Fondaction and the Fonds de Solidarité FTQ. Both funds have provided investors with their low yields. They do not contribute to increasing the financial literacy of Québeckers as their advertising campaigns primarily based on tax benefits they provide or the fact that they invest in the Québec economy. It’s, generally speaking, not yield, a key reason for investing.
A CPQ government is committed to progressively abolish, over a period of three years, the tax credits enjoyed by retail funds.