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Ministère des Finances

Ministère des Finances

MandateFinancing Fund

The Financing Fund provides financing to bodies included in the Québec government’s reporting entity. Loans are granted at the government’s borrowing cost, to which are added service fees.

The government borrows on financial markets and makes advances to the Financing Fund. The Financing Fund then lends these funds to its clientele.

This means that bodies included in the reporting entity can borrow at rates equivalent to those of the government.