Subscribe to Capital régional et coopératif Desjardins (CRCD) shares

Subscribe to Capital régional et coopératif Desjardins (CRCD) shares

Help drive the growth and sustainability of companies across Quebec, receive a tax credit and benefit from a long-term return potential.

2022 share issue

  • The 2nd subscription round for the 2022 share issue has ended.
  • The investors selected for the 2nd round had until November 28 to subscribe to shares.
  • Since the total amount of subscribed shares to date is less than the authorized amount of $140 million, a final subscription round will take place.
  • During this round, all unsold shares can be purchased by anyone interested on a first-come, first-served basis.

Interested? You can subscribe online as of 9 AM on December 1st.

How do you know if this investment is right for you?

  • You're willing to accept a certain amount of investment risk.
  • You have contributed the maximum to your RRSP.
  • You're interested in getting a tax credit to lower your tax bill.
  • You'd like to diversify your portfolio and benefit from the long-term return potential.
  • You're 18 or older and a resident of Quebec as of December 31 of the taxation year for which the tax credit is being claimed.

Tax credit

Receive a 30% Quebec tax credit ($900 max.).

This credit may be transferred to spouses but is non-refundable and cannot be carried forward from year to year.

How to buy CRCD shares

There are 3 steps to the buying process.

  1. 1. Pre-subscription

    The pre-subscription period allows you to let us know you're interested in buying CRCD shares. It runs for 3 weeks, usually in September.

    The pre-subscription period for the 2022 share issue ended on September 19, 2022 at 5 PM.

    Sign up to get an email notification before the next pre-subscription period so you don't miss it.

    Sign up for an email notification
  2. 2. Shareholder selection

    If demand for shares is less than $140 million, all those who filled out the pre-subscription form have the option to buy shares.

    If demand exceeds $140 million, investors are selected at random from all those who filled out the pre-subscription form. All investors are notified of the selection result by email or mail.

    Demand for shares in the 2022 share issue exceeded the authorized amount of $140 million.
    However, some investors have withdrawn their subscription requests. Therefore, all unsold shares can be purchased by anyone interested on a first-come, first-served basis.

  3. 3. Subscription

    Invest up to $3,000 per issue year.

    • Initial annual purchase: minimum $500
    • Subsequent purchases in the same year: increments of $100 to a maximum of $3,000

    If you wish to subscribe to unsold shares, you can do so as of 9 AM on December 1st on a first-come, first-served basis. The subscription round will end as soon as we reach the authorized amount of $140 million or at 5 PM February 28, 2023, at the latest.

    If you're a Desjardins member, you can log in and subscribe on your own on AccèsD.

    Register for AccèsD

    If you're not a member, or would like financial advice, schedule an appointment at a caisse.

    Find a caisse

What you need to know about CRCD shares

Mandatory holding period and redemption

  • The minimum holding period is 7 years.
  • In some cases, shares may be redeemed before the end of this period.
  • There is no tax impact upon exchange.
  • Shares are not transferable to another person, by sale or otherwise.
  • A redemption of exchanged shares may trigger capital gains or losses.
  • After a redemption, you can no longer claim a tax credit for the current tax year or any subsequent tax year on any new subscription or exchange.

Learn more about redeeming shares

Returns and share price

  • Returns are not guaranteed.
  • There are no interest or dividend payments.
  • The price of exchanged shares is always the same as the price of other shares. Share price is established twice a year, on June 30 and December 31, and announced within 90 days following these dates.
  • Transaction notices and semi-annual statements are sent to shareholders.

See current share price - – External link.

Non-eligible plans and fees

  • Not eligible for RRSPs, RRIFs or any other deferred tax plan (LIRA and LIF)
  • Fee charged when opening or closing an account: $50 (tax included)

Contact us

CRCD shares are not guaranteed; their value fluctuates frequently and their past performance is not indicative of future returns. Investment fees may apply. See prospectus (PDF, 504 KB)

  1. The issue year runs from March to February. Transactions must be concluded within the subscription period.