Capital régional et coopératif Desjardins (CRCD) shares

Capital régional et coopératif Desjardins (CRCD) shares

Fill out your pre-subscription application between September 3 and 23, 2019, using the online form or on AccèsD.

2019 issue

  • Invest up to $3,000.
  • Receive a 35% Quebec tax credit ($1,050 max.).
  • Help drive the growth and viability of local companies.
  • Submit your completed pre-subscription form between September 3 and 23, 2019.

Purchase process

If demand for shares exceeds $140 million, a random selection process is used.

If demand for shares is less than $140 million, all investors who have filled out the online form will have the option to obtain shares.

Pre-subscription

The pre-subscription period runs from September 3 (9:00 a.m.) to September 23, 2019 (5:00 p.m.).

Investors interested in the product will have to make a pre-subscription request using the secure form on this page or in AccèsD starting on September 3, 2019.

Email notifications

You can receive a reminder before the pre-subscription period begins by signing up for email notifications.

Subscription for selected investors

Investors selected in the first round will be permitted to subscribe for shares between September 30 and November 8, 2019.

New in 2019

If you are an AccèsD Internet user who has been selected, you can subscribe online even if you are not yet a CRCD shareholder.

Feel free to consult your caisse advisor for financial advice or guidance.

Available only in Quebec

  • Shares offered exclusively by Desjardins
  • Tax credit and potential for long-term returns

Who should get this investment?

Investors who:

  • are prepared to accept a certain amount of risk in their investments
  • have contributed the maximum to their RRSP and are seeking an additional tax deduction
  • are pre-retired or already retired, can no longer contribute to an RRSP and have a high income
  • are looking for an additional tax deduction
  • contribute a significant amount to their pension fund, which limits their contribution to an RRSP

Features

Eligible investors

  • Individual members and non-members of a Desjardins caisse residing in Quebec as at December 31 of the taxation year for which the tax credit is being claimed are eligible.
  • Aged 18 and over.

Subscription amount

  • Minimum annual purchase: $500 (and in increments of $100 after that).
  • Maximum annual purchase: $3,000.

Eligibility for plans

These shares are not eligible for RRSPs, RRIFs or any other deferred tax plan (LIRA, LIF).

Tax credit

  • Non-refundable Quebec tax credit of 35% with no carry-over from one year to the next.
  • Tax credit may be transferred to spouses.

Returns

  • Development capital, return not guaranteed.
  • No interest or dividend payments.

Share price

Established semi-annually, on June 30 and December 31, and announced within 90 days following these dates.

See current share price - External link. This link will open in a new window.

Redemption terms

  • Shares are not transferable to another person, by sale or otherwise.
  • Possibility of capital gains or losses at redemption.
  • After a redemption, loss of tax credit on any new subscription or exchange.

Fees

Charge of $50, tax included, required upon opening and upon closing the shareholder's account.

Mandatory holding period

  • At least 7 years.
  • In some cases, CRCD shares may be redeemed before the end of the mandatory holding period.

Other

Transaction notices, semi-annual statements sent to shareholders.

CRCD shares are not guaranteed; their value fluctuates and past performance is not indicative of future returns. Investment fees may apply.

Read the prospectus before investing (PDF, 485 KB) - This link will open in a new window..

Learn more about Capital régional et coopératif Desjardins - External link. This link will open in a new window.

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