The Ontario government appears to be throwing its support behind moves to loosen securities laws to allow equity-based crowdfunding.
At a conference in Toronto Thursday morning, the minister of economic development and innovation Brad Duguid spoke about the potential benefits that crowdfunding provides for entrepreneurs and said once the Ontario Securities Commission completes a review, the provincial government would look at ways to move forward with changes.
The minister told the audience at the Technicity conference that the changes could even be in place before changes to U.S. laws under the JOBS Act come into force.
The Ontario government appears to be throwing its support behind moves to loosen securities laws to allow equity-based crowdfunding.
At a conference in Toronto Thursday morning, Brad Duguid, minister of economic development and innovation, spoke about the potential benefits that crowdfunding provides for entrepreneurs and said once the Ontario Securities Commission completes a review, the provincial government would look at ways to move forward with changes.
Speaking a conference in Toronto on Thursday, Gary Duguid, the provincial minister of economic development and innovation, said his government wants to help legalize equity-based crowdfunding.