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.
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.
How to buy CRCD shares
There are 3 steps to the buying process.
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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. 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However, some investors have withdrawn their subscription requests.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. 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.
If you're not a member, or would like financial advice, schedule an appointment at 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.
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
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By phone
Contact Investor Relations
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In person
Book an appointment near you
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)
- The issue year runs from March to February. Transactions must be concluded within the subscription period.