Quebec Stock Savings Plan
Encyclopedia
The Quebec Stock Savings Plan ( (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.
Jacques Parizeau
Jacques Parizeau, is an economist and noted Quebec sovereignist who was the 26th Premier of the Canadian province of Quebec from September 26, 1994 to January 29, 1996.-Early life and career:...
. 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