Subscribe to Capital régional et coopératif Desjardins (CRCD) shares
By subscribing to CRCD shares, you get a tax credit and help grow local businesses.
How do you know if this investment is right for you?
- You’re willing to accept a certain amount of investment risk.
- You’ve 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 long-term return potential.
- You’re 18 or older and a resident of Quebec as at December 31 of the taxation year for which the tax credit is being claimed.
Tax credit
Receive a 25% Quebec tax credit, up to $1,250.
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
The share issue process has changed. Starting in 2026, there will be no pre-subscription period. The share issue will begin with the subscription period instead. To get reminders during this period, sign up for email notifications.
Subscription
The subscription period will begin at 9 AM on September 1, 2026. Shares will be issued on a first-come, first-served basis until the Quebec government’s authorized limit of $155 million is reached.
Invest up to $5,000 per issue year.
- Initial annual purchase: minimum $500
- Subsequent purchases in the same year: increments of $100, up to $5,000
- Lifetime subscription limit of $45,000 for individuals, regardless of current market value
What you need to know about CRCD shares
Mandatory holding period and redemption
- The minimum holding period is 7 years, up to a maximum of 14 years for shares purchased after March 1, 2025.
- In some cases, shares may be redeemed before the end of this period.
- Shares are not transferable to another person, by sale or otherwise.
- A share redemption may trigger capital gains or losses.
- After redeeming shares, you can't claim a tax credit for the current tax year or any future subscriptions.
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 TFSAs, FHSAs, RRSPs, RRIFs or any other registered plan
- Fee charged when opening or closing an account: $50 (tax included)