Six Canadian provinces embrace startup crowdfunding exemptions
Securities regulators in British Columbia, Saskatchewan, Manitoba, Québec, New Brunswick and Nova Scotia announced they have implemented, or expect to implement, registration and prospectus exemptions that will allow early-stage companies to raise capital through crowdfunding in their jurisdictions. The Canadian Securities Administrators (CSA) said members have agreed to a common set of rules that will allow startups to raise up to $500,000 per year from authorized funding portals. Related rules and policies can be viewed on CSA member websites.
14 May 2015•2 mins read
