Giving money meaning

Mission and Vision

Since its creation in 1996, Fondaction has been based on the belief that it is not only possible to do things differently in the financial and business world, it is a necessity.


59 000 jobs

created or maintained
182 000 shareholders
$2.96 billion in assets

partner and specialized

Fondaction helps Québecers prepare for retirement by offering affordable retirement savings to everyone. The savings collected are invested in companies across Québec. This way, Fondaction helps create and maintain quality jobs, contributing to a stronger, more equitable and greener economy.

Created in 1996, Fondaction is a labour-sponsored fund with assets in excess of two billion dollars collected as retirement savings from more than 182,000 shareholders. Fondaction's direct investments and those made through investment funds support the development of more than 1 175 SMEs in different lines of business, in large part involved in various components of the social economy.

A firm commitment to sustainable development

Fondaction has always been resolutely committed to socially responsible finance, from the moment it was created. The principles of sustainable development are integrated in everything it does. Whether investing in businesses directly or in capital markets, Fondaction always applies the principles of responsible investment to the money entrusted by its savers.

Reporting at the heart of the communication and transparency process

Fondaction was one of the first institutions in Québec to make accountability reports an obligation in an effort to improve its practices and contribute to moving sustainable development forward in Québec. It produced its first report on sustainable development in 2006 in accordance with the international standards of the Global Reporting Initiative (GRI), the highest standards of precision and transparency in economic, social and environmental accountability.

Retirement savings


Affordable retirement savings for everyone

Saving with Fondaction helps support Québec companies and makes tax savings accessible!


50,000 participants

by payroll deduction
2,000 workplaces
Accessible to everyone

More than 182,000 Québecers invest with Fondaction. Various instalment options make retirement savings accessible to everyone.

Available in close to 2,000 workplaces, Fondaction offers retirement savings by payroll deduction to about 50,000 unionized and non-unionized workers. These people save with every pay without upsetting their budget. They enjoy immediate tax savings, reducing the impact on their take-home pay.

By investing in Fondaction, shareholders improve their financial situation at retirement. They accumulate shares and enjoy tax credits from the governments of Canada and Québec, in addition to the tax benefits of a registered retirement savings plan (RRSP).

Direct business investments


Investing in Québec businesses

Fondaction's funding and expertise help companies achieve their business objectives and contribute to a stronger, more equitable and greener economy.


Loan or share capital
$500,000 - $10,000,000
5 - 8 years

patient capital

Fondaction invests in Québec companies operating in various lines of business across the province. It provides patient capital adapted to the needs and goals of businesses in the form of unsecured loans and share capital.

Fondaction also provides guidance to businesses to support them in their projects. Businesses get expertise from Fondaction's multidisciplinary and experienced team as well as access to a vast network of financial partners and specialists.

Fondaction focuses in particular on companies engaged in and open to sustainable development and participative management to help boost their economic, social and environmental performance.