Finance committee  Financial literacy is very important to us. In fact, it's part of our mission, which is twofold. We invest in businesses and we educate Quebeckers on the importance of having adequate savings. Unfortunately, Canadians and Quebecers are among the worst savers in the world, so we

Finance committee  Indeed, the economy is changing significantly, and the types of jobs we see will continue to change tremendously over the next decade. Artificial intelligence and automation are often cited as ways to enhance productivity. I think that we, as a society, need to make sure that peo

Finance committee  As I said at the outset, the Fonds de solidarité FTQ provides patient capital. Obviously, without the return of the tax credit we could not have continued to do this long term. Our entrepreneurs and businesses in Canada and Quebec need long term patient capital. So this allowed u

Finance committee  We have been doing this for 34 years. Performance always has to be assessed over a long period. The return for our shareholders since the creation of the Fonds has been 4.2%. We have 34 years of experience, expertise and development in our economic sectors. And so we have specia

Finance committee  I think that the challenge for many Canadian businesses is innovation. In fact, I was listening to the ADRIQ representatives, with whom we have just concluded a partnership. People often think that the concept of innovation means that you make a discovery or invent something, but

Finance committee  Thank you, Mr. Chair. Good morning to all of the members of the House of Commons Standing Committee on Finance. The Fonds de solidarité FTQ is very pleased to participate in the pre-budget consultation launched in advance of the 2018 budget. The Fonds is thrilled that the ques

Finance committee  We play an important role in enabling members of the middle class to save money. As I said earlier, our shareholders are not rich and famous. They really are middle-class people. A big part of what we do is educating people and helping them invest for the long term, for retiremen

Finance committee  I will respond by talking about our role in Quebec as well as Canada. We do our work two ways. Over the past 10 years, we have invested $2 billion in pure venture capital. We do this indirectly by investing in funds. One of those funds is Lumira Capital, a Toronto-based biotech

Finance committee  Thank you for the question. It gives me an opportunity to provide more detail about the dual mission of the Fonds de solidarité des travailleurs du Québec and tax-advantaged funds. The first part of the mission is, of course, to invest in Canadian funds and businesses. The secon

Finance committee  Thank you, Mr. Chair. I thank the committee for having us here today. The Fonds de solidarité FTQ contributes to two main public-policy objectives: encouraging middle-class workers to save, and channelling these savings to businesses in order to stimulate economic growth. Every