The Fonds de solidarité FTQ would welcome appearing before a parliamentary committee on its governance

MONTREAL, Oct. 9, 2013 /CNW Telbec/ - The Fonds de solidarité FTQ would welcome appearing before a parliamentary committee, if asked to do so, to answer questions regarding the governance measures it has in place to protect shareholders.

Such a committee would provide the Fonds' officers with an opportunity to show the changes the institution has made over the years since its creation and especially in 2009. The improvements were made in the areas governance, ethics and reputational risk.

Appearing before such a commission would be consistent with the Fonds' ongoing efforts to keep the public, and more particularly, its shareholders, informed of the steps being taken to ensure their savings are carefully managed. These steps were announced by way of press releases and more recently, were the topic of discussion in interviews with the media.

About the Fonds de solidarité FTQ

Created in 1983, the Fonds de solidarité FTQ has been driving the Québec economy for 30 years. With net assets of $9.3 billion as at May 31, 2013, the Fonds is a development capital fund that channels the savings of Quebecers into investments in all sectors of the economy to help create and maintain jobs and further Québec's development. The Fonds is a partner, either directly or through its network members, in 2,395 companies. With 615,664 shareholders-savers, the Fonds helps create, maintain or protect 170,915 jobs. For more information, visit www.FondsFTQ.com.

SOURCE: Fonds de solidarité FTQ

Information for media representatives only:
Patrick McQuilken
Senior Advisor, Media Relations and Communications
Fonds de solidarité FTQ
Phone: [phone]
Mobile : [phone]
Email: [email protected]

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