The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Michel Arsenault, left, president of the FTQ union and of the Fond de Solidarité of the FTQ, and Yvon Bolduc, president and director general of the Fond de Solidarite, chat before testifying at a legislature committee, Tuesday, Nov. 5, 2013 at the legislature in Quebec City.
Michel Arsenault, left, president of the FTQ union and of the Fond de Solidarité of the FTQ, and Yvon Bolduc, president and director general of the Fond de Solidarite, chat before testifying at a legislature committee, Tuesday, Nov. 5, 2013 at the legislature in Quebec City.
(Jacques Boissinot/The Canadian Press)

Quebec’s labour-backed VC funds push back against tax change

Quebec’s labour-sponsored fund sector is not giving up on attempts to change the federal government’s mind about tax changes that it says will “dramatically” alter their business and cut investment. The sector, backed by the Quebec government, is offering up a compromise but so far there is little sign of progress.