Labour-sponsored funds tax credit measure postponed

Construction workers silhouetted against an orange sky at sunset, wearing hard hats on a building site.

As part of the March 21, 2023 budget, the Quebec government had announced a measure to limit eligibility for the labour-sponsored funds tax credit. This measure targeted individuals who acquire shares in a labour-sponsored fund (Fonds de solidarité F.T.Q. or Fondaction) and who have taxable income subject to the highest tax rate ($119,910 in 2023), […]