Legal aspect
The Financial Administration Act (CQLR, chapter A‑6.001), and in particular section VII.01 on Québec Savings Products, allows the Québec government to authorize the issue and sale of savings products as part of a borrowing plan, and to issue regulations defining the book‑based system created for the purposes of administering, issuing and selling Québec savings products and administered by the Minister of Finance through Épargne Placements Québec.
The method of operation and the characteristics of this book‑based system are determined in the Regulation respecting savings products.
The amounts and other conditions, details and features applicable to each issue and sale of savings products are set out by the Minister of Finance in ministerial decisions.
This section presents the provisions of the Financial Administration Act and the Regulation respecting savings products that apply to savings products.
It is important that you read the legal notes which set out the nature of Épargne Placements Québec’s liability regarding its website, as well as applicable rules on confidentiality, security and copyright.
Legal entities, estates, foundations and trusts
Épargne Placements Québec products are also available to legal entities (enterprises, condominium associations, etc.), estates, foundations and trusts domiciled in Québec.
To open an account and invest in a savings product, go to the Become a participant page. If you represent a legal entity, please have its Québec enterprise number on hand.
Book‑based system
When you open an account with Épargne Placements Québec, your savings products are held in a book‑based system. Registration in this system confirms ownership, in the name of the account holder, of the products registered in his securities portfolio.
Certain information entered in the system in the account holder’s file is used to authenticate his identity (and in certain cases that of his representative or attorney) when he wants to carry out transactions.
Accordingly, it is essential that the account holder check all information received from Épargne Placements Québec to ensure that the data entered in the system are accurate.
Reference documents
When enrolling in Épargne Placements Québec, the participant agrees to comply with the following documents, depending on their situation:
Individual
General information – Investment Savings Account
Trust agreement – TFSA
Trust agreement – FHSA
Trust agreement – RRSP
Trust agreement – RRIF
Trust agreement – LIRA
Trust agreement – LIF
Business, organization or other type of clientele
General information – Investment Savings Account
Trust agreement – TFSA with representative
Trust agreement – FHSA with representative
Trust agreement – RRSP with representative
Trust agreement – RRIF with representative
Trust agreement – LIRA with representative
Trust agreement – LIF with representative
