Tagged: ontario

Ontario Proposes New Rules for Crowdfunding

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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,… Read More

Polar Pen/Stylus Combo May Set A Canadian Kickstarter Record

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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 $700,000 with a week left in the campaign. To be fair, this pen… Read More

Canadian Impact Investing Platform SVX Launches in Toronto

MARS SVX

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 Commission had issued an “exemptive relief order” earlier this year to allow the non-profit entity SVX to sell… Read More

Rob Ford Gets His Own Crackstarter Video Game, “Stay Mayor”

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, crack pipes and money in order to get $300,000 and buy the video from… Read More

Ontario Securities Commission Approves Crowdfunding for Accredited Investors For Specific Platform

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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 crowdfunding platforms.  This order pertains to a specific non-profit entity called Social Venture Connexion (MaRs SVX),… Read More

Interactive Ontario Urges Action on Crowdfunding Approval

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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 exemptions as a means to increasing the available pool of capital for Ontario digital media companies.  IO… Read More

Crowdfunding exemption would kickstart digital media companies

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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 means to increasing the available pool of capital for Canadian digital media companies. Crowdfunding empowers… Read More

OCE Weighs In On Crowdfunding

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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 call for submission from the Ontario Securities Commission (OSC), OCE recommends… Read More

Ontario Securities Commission Schedules Sessions on Crowdfunding

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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 challenges specifically associated with crowdfunding. Staff of the Ontario Securities Commission (OSC) invite you to attend… Read More

Ontario Minister Joins Crowd in Push for Crowdfunding Exemption

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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 the need to keep innovators on the north side of the border, Minister Duguid explained that “it’s really important that… Read More