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
There are 3 steps to the buying process.
Shareholder selection
If demand exceeds the authorized amount, investors who submitted a pre-subscription application will be selected at random.
For the 2025 share issue, the random selection will take place in September. Investors will be notified of the next steps by email or mail.
Subscription
Invest up to $5,000 per issue year.
1 - 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
If you’re a Desjardins member, you can log in to AccèsD and subscribe on your own.
If you’re not a member or want financial advice, you need to book an appointment at a caisse.
The authorized amount is $150 million for the 2025 share issue.
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 or reaching the subscription limit, your tax credit will be revoked for the current tax year or any subsequent tax year on any new subscription.
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)