Tagged: british columbia

British Columbia Securities Commission Grants First Bitcoin Investment Fund Manager Registration

The British Columbia Securities Commission (BCSC) has announced the first registration of an investment fund manager in Canada solely dedicated to cryptocurrency investments. The approval by the BCSC was described as a landmark event. The BCSC granted First Block Capital Inc. registration as an investment… Read More

British Columbia Securities Commission Posts Survey & Creates Team to Better Understand Needs of Fintech Firms

The British Columbia Securities Commission (BCSC) has published an online survey while announcing a dedicated “Tech Team” as part of an initiative designed to better understand and support financial innovation. The BCSC described the project as part of ongoing outreach to BC Fintech and other… Read More

In Canada, Crowdfunding Approved By Six Provinces; Ottawa To Develop Separate Standards

  Provincial securities regulators in British Columbia, Saskatchewan, Manitoba, Quebec, New Brunswick and Nova Scotia announced Thursday that they will permit startup and early-stage companies to issue shares to investors through crowdfunding websites, according to the Globe and Mail. However, Ottawa stated that it will not take… Read More

Supporters Launch GoFundMe Crowdfunding Campaign To Raise Funds For Kinder Morgan Protesters’ Legal Defense; Raises Nearly $19,000 in One Day

Ready to help protestors take on the famous pipeline expert, Kinder Morgan, a group known as Land Defenders has launched a crowdfunding campaign to raise $40,000 for their legal defense team after the company served them with a $5.6 million dollar lawsuit. According to the Vancouver… Read More

British Columbia Child Raises $50,000 For Best Friend’s Operation

Stepping up to help a love one in need, 7-year-old Quinn Callender has launched a YouCaring campaign to raise funds for his friend Brayden, who has been struggling with a terrible disease known. Although he was only looking to raise $20,000, the British Columbia resident… Read More

British Columbia Crowdfunding Exemption (PDF)

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… Read More

British Columbia Announces Crowdfunding Exemptions

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… Read More

Sanctions Against Iran Force Indiegogo To Halt Campaign For British Columbia Woman

A woman from Vancouver, British Columbia recently took to Indiegogo to raise funds for a trip to Iran. Alaleh Sahabi was able to reconnect with her mother through Facebook and wanted to fly back to Iran to see her for the first time in over 20… Read More

Equity crowdfunding by unaccredited investors is legal in exactly one place in North America

Almost a year after President Obama signed the JOBS Act into law, crowdfunding for equity is still not legal … at least for the 99 percent of people that are not accredited investors. But there is at least one place in North America where crowdfunding… Read More