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You are at:Home»Earnings»Desjardins posts surplus earnings of $900 million for the second quarter of
Earnings

Desjardins posts surplus earnings of $900 million for the second quarter of

August 12, 20253 Mins Read
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Desjardins Group announces the appointment of its new President and CEO

On June 2, the Board of Directors announced the appointment of Denis Dubois as the next President and CEO of Desjardins Group, effective September 2, 2025. He will succeed Guy Cormier, who has held this position since March 2016. Mr. Cormier will ensure a seamless transition in leadership, supporting Denis Dubois and the Board of Directors as a strategic advisor from September 2, 2025, to March 2026.

Affordable housing: concrete solutions for thousands of households

Through an innovative partnership with the Québec government, the Desjardins Affordable Housing Initiative, launched in 2022, continues to demonstrate its commitment to fighting the housing crisis. After surpassing its initial goal of 1,000 affordable housing units, Desjardins is taking another major step forward with a second agreement, this time in collaboration with the Québec and Canadian governments. The new agreement will enable the creation of 1,000 additional housing units, bringing the total number of affordable units made available across 14 regions of Québec to more than 3,000 by 2028.

As of June 30, 2025, 1,373 units were already in operation and 894 more were under construction, particularly in the Beauce, Montérégie, Outaouais and Charlevoix (in French only) regions. These achievements confirm the key role Desjardins is playing in the development of sustainable and inclusive.

Desjardins makes investing easier with a revamped offering and a 100% Québec fund

Simplified fund lineup

In an unrelenting effort to meet the changing requirements of its members and clients, Desjardins Investments Inc., as manager of Desjardins Funds, has significantly simplified its mutual fund offering. This initiative aims to provide a simpler, more accessible and advantageous investment experience, while promoting financial empowerment.

100% Québec fund

Last June, Desjardins Investment Inc., acting as an exchange-traded funds (ETF) manager, launched the Desjardins Québec Equity ETF. This new ETF allows investors to support publicly traded Québec companies and is part of the company’s commitment to supporting the local economy.

Unique program to support social economy projects in Québec

Desjardins is opening a new chapter in its support for the social economy. In partnership with Sillons (in French only), a non-profit organization that aspires to scale up social innovations, a unique program is being launched to support up to six promising projects over a 24-month period. By combining Sillons’s on-the-ground expertise and Desjardins’s impact in the community, this partnership meets a need that was strongly expressed at the last Sommet de l’économie sociale (in French only).

Desjardins takes action for a fair and sustainable transition

Desjardins is continuing its efforts toward a fair and sustainable transition, as evidenced by its 2024 ESG disclosures, published in May 2025. The document outlines…



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