FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person *   CAISSE DE DEPOT ET PLACEMENT DU QUEBEC 2. Date of Event Requiring Statement (Month/Day/Year) 03/03/2004 3. Issuer Name and Ticker or Trading Symbol SMTC CORP [SMTX] (Last) (First) (Middle) CENTRE CDP CAPITAL, 1000 PLACE JEAN-PAUL-RIOPELLE 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) MONTREAL, A8 H2Z 2B3 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrant (1) (2)	06/28/2004	03/04/2009	Common Stock	850,000 (3)	$ 1.85 (1) (2)	D	Â
Exchangeable Shares (1) (2)	06/28/2004	  (1)(2)	Common Stock	1,700,000 (3)	$ (1) (2)	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
CAISSE DE DEPOT ET PLACEMENT DU QUEBEC CENTRE CDP CAPITAL 1000 PLACE JEAN-PAUL-RIOPELLE MONTREAL, A8 H2Z 2B3	Â	  X	Â	Â

Signatures

Soulef Hadjoudj Legal Counsel		10/05/2005
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	On March 3, 2004, the Caisse de d?p?t et placement du Qu?bec purchased, through a private placement, 8,500,000 special warrants (each, a "Special Warrant" and collectively, the "Special Warrants") of SMTC Manufacturing Corporation of Canada (SMTC Canada), a wholly owned subsidiary of SMTC Corporation (SMTC). Each Special Warrant was exercisable, without any additional consideration, into one unit consisting of one exchangeable share of SMTC Canada and one half of one warrant of SMTC Canada to purchase an exchangeable share. The Special Warrants were exercised for units on June 2, 2004.
(2)	Each exchangeable share is exchangeable, without further payment, at anytime at the option of the holder on a one-for-one basis for shares of common stock of SMTC. On or after July 27, 2015, subject to acceleration in certain circumstances, SMTC Canada (or one of its affiliates) may redeem all of the outstanding exchangeable shares by delivering common stock of SMTC to holders of the exchangeable shares on a one-for-one basis. Each whole warrant entitles the purchaser to acquire one exchangeable share of SMTC Canada. The exercise price reported is a Canadian dollar value.
(3)	On October 4, 2004, SMTC completed a one for five reverse stock split of its issued and outstanding common stock, resulting in 7,775,194 shares of common stock outstanding. SMTC Canada also completed a one for five reverse stock split of its issued and outstanding exchangeable shares, resulting in 6,866,152 exchangeable shares outstanding. In accordance with generally accepted accounting principles, all reported per share amounts have been adjusted to reflect the reverse stock splits.

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