Tagged: canada

FundRazr & Fundica Partner Up on Funding Roadshow

The Fundees

Two of Canada’ crowdfunding platforms, Fundica and FundRazr, have partnered to put together a 2014 Funding Roadshow.  Powered by FundRazr, the “Fundees Crowdfunding Competition” will be unveiled in both Toronto and Guelph, Ontario. Two Canadian startups will win a prize worth $10,000.  The competition will run from May 5 to June 23, 2014.  Campaigns may… Read More

Northern Credit Union in Ontario Launches Crowdfunding Site

TrueNorthStrong Blue

Northern Credit Union (Northern) – in partnership with some of Canada’s top athletes – is launching a new crowdfunding website, TrueNorthStrong,  to raise money for worthwhile projects in the communities Northern serves. “Crowdfunding” is a new and popular method of fundraising where a large number of people each contribute a small amount of money to… Read More

Equity Crowdfunding in Canada (Infographic)

Canada Equity Crowdfunding

Here is a great infographic on the status of equity crowdfunding in Canada.  This is courtesy of Oscar Jofre, CEO and Founder of BoardSuite & Co-Chair of the ECFA Canada. On March 20, 2014, there was a country wide announcement by Canadian regulators regarding proposed regulatory approach to the new form of finance. The below… Read More

The Funding Continuum Enters Stage Left

Canada Equity Crowdfunding

This article originally appeared in ITBusiness and is being shared with Crowdfund Insider’s readers by Bret Conkin of FundRazr. The rules posted yesterday by Canadian securities regulators are still being digested, but upon first read, they appear very encouraging for Canadian startups, small business and even public issuers. The regulators have struck a balance by… Read More

ECFA Canada Schedules Inaugural Conference

ECFA Conference

The Equity Crowdfunding Alliance of Canada (ECFA Canada) has scheduled their first conference for what is expected to be a series of events across the country.  ECFA Canada was formed only recently and with the recently and has picked up momentum with the announced regulatory proposals for Canadian investment crowdfunding. ECFA Canada is represented by… Read More

Equity Crowdfunding Exemptions Push Forward in Canada

Canada Flag

Canada had a big week.  In a co-ordinated release provinces across the country jointly announced comments on equity crowdfunding.  While the announcement came as no surprise to many Canadians, some of us further South found the simultaneous announcements a bit over-whelming.  Fortunately the NCFA of Canada has put together a grid explaining the various exemptions…. Read More

Equity Crowdfunding Alliance of Canada Comments on Proposed Regulations

ECFA Canada

The Equity Crowdfunding Alliance of Canada (ECFA Canada) was only recently formed by individuals and companies determined to see the benefits of equity crowdfunding improve the economy of Canada. These companies and individuals, including funding portals are united in the common purposes of promoting crowdfunding in Canada, educating the public and their members about equity crowdfunding,… Read More

Crowdfunding is coming to Nova Scotia

Nova Scotia

The Nova Scotia Securities Commission, in conjunction with other members of the  Canadian Securities Administrators, published for comment the Integrated Crowdfunding  Prospectus Exemption (the Crowdfunding Exemption) and the Start-Up Crowdfunding  Prospectus Exemption (the Start-Up Exemption). The proposed exemptions would allow both  reporting and non-reporting issuers to raise capital through internet portals. “Nova Scotia companies are… Read More

British Columbia Crowdfunding Exemption (PDF)

British Columbia Parliament  by KirinX

The below document was published by the British Columbia Securities Commission describing the proposed crowdfunding exemption.  Certain conditions on the issuers are being proposed including a limit of raising no more than $150,000 per offering no more than twice per year.  Individuals may invest no more than $1500 per offering. Similar to the announcement by… Read More

British Columbia Announces Crowdfunding Exemptions

British Columbia Securities Commission

B.C. Securities Commission publishes new securities crowdfunding exemption for comment. Members of the Canadian Securities Administrators published a proposed crowdfunding exemption modelled on the Saskatchewan Equity Crowdfunding exemption adopted on December 6, 2013 (the start-up crowdfunding exemption). The British Columbia Securities Commission is requesting comment on whether a similar exemption should be adopted in B.C…. Read More

Ontario Proposes New Rules for Crowdfunding

Canada Loonie

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 are intended to facilitate capital raising by businesses at different stages in their development, while maintaining an appropriate level of investor protection.  Crowdfunding will… Read More

Canada Securities Regulators Propose Crowdfunding Exemptions

Canada Equity Crowdfunding

In  a Canada wide- coordinated release the Montréal – The Autorité des marchés financiers (AMF), the Financial and Consumer Affairs Authority of Saskatchewan (FCAA), Financial and Consumer Service Commission of New Brunswick (FCNB), the Manitoba Securities Commission (MSC) and the Nova Scotia Securities Commission (NSSC) have published for comment the Integrated Crowdfunding Prospectus Exemption (the Crowdfunding Exemption)… Read More

Brief: MaRS SVX Off to Slow, Solid Start

svx

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 based SVX is a local, impact first platform that connects investors with local ventures that have a demonstrable social or… Read More

Rob Ford’s Rough Go With Crowdfunding Continues: A Billboard On Rabble

Screen Shot 2014-03-11 at 10.21.46 AM

Embattled Mayor of Toronto Rob Ford’s relationship status with crowdfunding? It’s complicated. You may remember from last year that Gawker editor John Cook spearheaded a crowdfunding campaign – affectionately called “Crackstarter” – that aimed to crowdfund the money necessary to purchase a video allegedly showing Ford smoking crack. The campaign was successful but didn’t directly… Read More

Pebble Watch Continues to Add Partners

Pebble Steel 3x

Pebble Smartwatch, a crowdfunding superstar, continues to grow and expand their product and offerings. Earlier this year during CES, Pebble announced their new version smartwatch the Pebble Steel.  The company recently launched their own, native app store – filling a void in the wearable tech market as corporate giant Samsung has stumbled with their products… Read More

Equity Crowdfunding Leaders Announce New Alliance in Canada

ECFA Canada

United in the common purposes of promoting Equity Crowdfunding in Canada. Today, a group of companies and individuals dedicated to the developing Equity Crowdfunding industry in Canada, announced that they have come together by establishing the Equity Crowdfunding Alliance of Canada (ECFA Canada), Canada’s first equity-only Crowdfunding alliance. These companies and individuals, including funding portals… Read More

Hamilton, Ontario Get’s Their Very Own Crowdfunding Site

FundHamOnt

Founded by entrepreneur Jim Rudnick, Hamilton, Ontario has launched their very own community crowdfunding portal.  FundHamOnt officially went live this past February and was created with the acknowledgement that “every single entrepreneur is looking for funding”. The platform is designed similar to other large crowdfunding platforms and hopes to capture the support of the over… Read More

Canadian Man Weighing 600 Pounds Crowdfunding Weight Loss Surgery On GoFundMe

luke-deitner

A Saskatoon man weighing about 600 pounds has a crowdfunding campaign on GoFundMe launched in his name. The campaign is seeking $30,000 to fund a weight loss surgery that he says could save his life. In an interview with Metronews.ca, 21 year old Luke Deitner explained the stakes. “For so long now, it seems the world has… Read More

Blogger is Asking Crowd to Fund His Ferrari Dream

Ferrari Dream

Joshua Lucas Bernier, a 20 something blogger from Montreal, has launched a crowdfunding campaign on GoFundMe where he wants to raise $75,000 to purchase a Ferrari 360.  As a reward to anyone willing to help pay the way and help Josh purchase this super car of his dreams, he is offering ads and shout outs… Read More