Capital régional et coopératif Desjardins is a limited partnership that raises the funds of Quebeckers. More than 110,000 Quebeckers have already acquired a stake and made financial contributions. A portion of the fund qualifies for a 50% tax credit from the Government of Quebec. As a result, the fund is able to invest in local communities, in projects in all of Quebec's resource regions, in SMEs, in sectors such as forestry and in workers' or consumers' cooperatives.
This enables us to identify promising new projects that support regional communities and to create or keep jobs. I think this is critical to the vitality of our resource regions, in particular. It is, indeed, a model that could be applied to the rest of the provinces in Canada.