The below document was published by the Ontario Securities Commission yesterday which outlines “concept ideas for new capital raising prospectus exemptions in Ontario”. This specifically addresses the concept of Crowdfunding for our Northern neighbors:
While this paper discusses these concept ideas, no decision has been made:
whether additional capital raising prospectus exemptions are warranted, and
if so, whether these concept ideas should be adopted (and on what terms) or whether alternative prospectus
exemptions would be more appropriate.
No such decisions will be made without broad public consultation and discussion. This paper is the initial step in soliciting comments from all interested stakeholders on these important issues.
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