Created in 1996, Fondaction is a labour-sponsored fund base in Québec, Canada. Fondaction distinguishes itself through its investments, which are aimed at supporting, promoting and encouraging sustainable development. It manages assets in excess of $2 billion collected as retirement savings from more than 170,000 shareholders.
Fondaction supports the development of more than 1,200 SMEs, many of which are social economy enterprises. It helps create and maintain jobs and reduce inequalities, and contributes to the fight against climate change. Based in Montreal, Canada.
