Ontario Minister Joins Crowd in Push for Crowdfunding Exemption
At the recent Technicity conference in Toronto, Brad Duguid, Ontario’s Minister of Economic Development and Innovation, expressed support for introducing equity crowdfunding in Ontario. Recognizing...
View ArticleOntario Securities Commission Schedules Sessions on Crowdfunding
As part of Ontario’s ongoing deliberations on their path to facilitating crowdfunding the Ontario Securities Commission a series of meetings. These have been scheduled to discuss the merits and...
View ArticleOCE Weighs In On Crowdfunding
OCE has weighed in on crowdfunding, a new way to solicit investments for innovative ideas and projects through social media that is gaining momentum in the United States and the UK. Responding to a...
View ArticleCrowdfunding exemption would kickstart digital media companies
Interactive Ontario (IO) is urging the Ontario Securities Commission (OSC) to approve proposed exemptions for raising capital in the province via crowdfunding. IO says it supports the exemptions as a...
View ArticleInteractive Ontario Urges Action on Crowdfunding Approval
In comments filed with the Ontario Securities Commission (OSC), Interactive Ontario (IO) has urged the OSC to quickly approve proposed prospectus exemptions for crowdfunding capital. IO supports these...
View ArticleOntario Securities Commission may allow crowdfunding for some businesses
Social media wants to meet up with corporate finance on the Internet to let startup and small businesses raise money online. It’s called equity crowdfunding — different from Kickstarter which funds...
View ArticleRegulators struggle with crowdfunding model
Ontario looked upon as key to setting pace When the U.S. Jumpstart Our Business Startups Act was passed last year, it included a “crowdfunding exemption” that opened the door to using social media and...
View ArticleOSC To Host Roundtable On Small Business Investment
The OSC will hold a roundtable on June 11, 2013 to discuss ways investors can help start-ups and small businesses raise money in Canada. It wants to consider how companies can do this by issuing...
View ArticleOntario Securities Commission Approves Crowdfunding for Accredited Investors...
The Ontario Securities Commission (OSC) has approved crowdfunding in Ontario for accredited investors. The OSC has announced an “exemptive relief order” which will permit the sales of securities via...
View ArticleRob Ford Gets His Own Crackstarter Video Game, “Stay Mayor”
Oh, to be Rob Ford. The now-infamous Indiegogo Crackstarter campaign has provided the inspiration behind a new Android game called “Stay Mayor”. Players try to navigate a crazy world of paparazzi,...
View ArticleCanadian Impact Investing Platform SVX Launches in Toronto
Impact investing crowdfunding platform Social Venture Connexion (SVX) rang the bell last week on the Toronto Stock Exchange, thus officially launching their new platform. The Ontario Securities...
View ArticlePolar Pen/Stylus Combo May Set A Canadian Kickstarter Record
Innovative pens tend to do fairly well on rewards-based crowdfunding web sites like Kickstarter, and the Polar Pen is no exception. The “world’s first modular pen made from magnets” has raised CAD...
View ArticleCrowdfunding Canada (Deck)
The following presentation reviews investment crowdfunding for Canada and more directly the province of Ontario. Notable quotes include: SME’s generate 50% of GDP and 55% of Jobs in Ontario 25% of...
View ArticleOntario Couple Takes Heat Over GoFundMe Campaign, Planned Move To Scotland
An Ontario couple has a crowdfunding campaign live on GoFundMe now. It seeks a goal of $7,000 to help fund the couple’s planned move to Scotland. Thus far they’ve raised just over $400 to put toward...
View ArticleBrief: MaRS SVX Off to Slow, Solid Start
In a statement from Adam Spence, Associate Director of the MaRS Centre for Impact Investing and the founder of the SVX, the SVX platform is described as being off to a slow but solid start. Toronto...
View ArticleOntario Proposes New Rules for Crowdfunding
In a release issued by the Ontario Securities Commission (OSC), the regulatory body for the Ontario’s capital markets. A 90 day public comment period starts for four new exemptions. These exemptions...
View ArticleOSC “Backgrounder” on Crowdfunding Exemptions (PDF)
Below is the backgrounder published by the Ontario Securities Commission which outlines the proposed exemptions for crowdfunding in Ontario. There is a comment period that ends on June 18, 2014....
View ArticleOSC “Backgrounder” on Crowdfunding Exemptions (PDF)
Below is the backgrounder published by the Ontario Securities Commission which outlines the proposed exemptions for crowdfunding in Ontario. There is a comment period that ends on June 18, 2014....
View ArticleA Voluntary Tax? Ontario Parliament Debates Bill to Crowdfund Public Projects
Finding and allocating money public projects including urban improvements is hard. Constituents never want to see their taxes increase and inevitably some people support certain projects. Others, not...
View ArticleToronto Financial Services Alliance Welcomes Fintech Support from Ontario
The Toronto Financial Services Alliance (TFSA) released a statement this week welcoming Ontario’s support for the Fintech sector. The announcement by TFSA followed Ontario releasing its budget...
View Article