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 securities without first having to prepare and file a prospectus. For example, one of the options being suggested by the… Read More
Read more in: Uncategorized | Tagged canada, ontario, ontario securities commission, osc
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 other Internet tools to raise capital. And while other jurisdictions, such as Australia, Britain and the Netherlands, have similar legislation, Canada… Read More
Read more in: Global, Politics | Tagged assob, canada, emda, jobs act, ontario, sec
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 creative projects like movies, games or music and — because it would give these online investors shares in a company. CEO and president Chad… Read More
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 believes acting prior to full implementation of the Jobs Act… Read More
Read more in: Global, Politics | Tagged canada, donald henderson, ontario, osc
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 creators to raise public funds by publicizing their project using… Read More
Read more in: General News, Global | Tagged canada, interactive ontario, ontario, osc
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 allowing crowdfunding as long as a limit is imposed on… Read More
Read more in: Global | Tagged canada, ncfa, oce, ontario, osc
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 a consultation session in connection with the OSC’s exempt market… Read More
Read more in: Global, Politics | Tagged canada, ontario, osc
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 Ontario keep pace if not even try to get out… Read More
Read more in: Global | Tagged brad duguid, canada, ontario
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