MONTREAL, Dec. 28 /CNW Telbec/ - Effective today and until May 31, 2008,
the Solidarity Fund QFL (the "Fund") will not accept lump-sum contributions or
new requests for pre-authorized withdrawals as it has reached the ceiling for
these two types of contributions.
This temporary measure does not affect shareholders who contribute or who
wish to begin contributing through payroll deduction or those enrolled in an
employer contribution program. It also has no impact on redemptions.
The limit for contributions giving rise to tax credits is $600 million
for the current fiscal year.
The Fund continues its usual activities, both in terms of shareholder
services as well as investments in businesses and on the financial markets.
About the Solidarity Fund QFL
With net assets of over $7.2 billion as at May 31, 2007, the Solidarity
Fund QFL is a development capital company that through its RRSP channels the
savings of Quebecers into investments in all sectors of the economy to help
create and maintain jobs and to further Québec's economic growth. The Fund is
a partner, either directly or through its network members, in 1,696 companies.
It currently has nearly 575,000 shareholders and has helped, on its own or
with other financial partners, to create, maintain and protect over 122,000
jobs. For more information, visit www.fondsftq.com.
Note: The telephone number provided below is for the exclusive use of
journalists and other media representatives.
For further information:
For further information: Josée Lagacé, Senior Advisor, Press Relations
and Communications, Fonds de solidarité FTQ, (514) 850-4835, Cell: (514)