Quebec Stock Savings Plan

Quebec Stock Savings Plan

The Quebec Stock Savings Plan (French: "Régime d'épargne-actions" (RÉA)), was founded on March 27, 1979 by Jacques Parizeau. The QSSP offered taxpayers generous tax write-offs for investments in new public stock issues of companies whose head office was in Quebec.

Goals

* to alleviate the heavy tax load of Quebec's middle and high-income earners
* to finance Quebec companies with risk capital
* to acquaint Quebec's francophone population with the stock market


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