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ARTICLE · 27 APRIL 2009

The Stock Savings Plan II

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Effective April 22, 2005, the SME Growth Stock Plan replacing the former Québec Stock Savings Plan (QSSP) came into force to promote the financing of businesses in the growth and expansion phases.

CanadaTax
Charles Marquette
Charles Marquette
Joseph Takhmizdjian
Joseph Takhmizdjian
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Effective April 22, 2005, the SME Growth Stock Plan replacing the former Québec Stock Savings Plan (QSSP) came into force to promote the financing of businesses in the growth and expansion phases. Initially, it was expected that this plan would be terminated on December 31, 2009.

Since its introduction in 2005, the SME Growth Stock Plan has been substantially amended in order to render it more attractive for the investors and to extend its scope to a larger number of businesses. One of the most recent amendments to the SME Growth Stock Plan was announced in the Budget of the Québec government tabled on March 19, 2009.

New Name, Asset Test Increased To $200 millions, Reduced Holding Period And Improved Deduction

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