Suvarna Garge (Editor)

Quebec Stock Savings Plan

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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 population at large with the stock market
  • References

    Quebec Stock Savings Plan Wikipedia