Tagged: canada

March 5, 2013 @ 7:55 am By JD Alois  |  

Everlane, a San Francisco based online only luxury clothing design and manufacturing company, has launched a self hosted crowdfunding campaign to expand their reach into Canada.  The campaign has set a goal of $100,000 (USD)  and is well on its way to success having garnered… Read More

February 21, 2013 @ 7:54 pm By NCFA Canada  |  

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

February 15, 2013 @ 8:51 am By JD Alois  |  

In a press release LX Ventures announced it had acquired crowdfunding platform Weeve.  Launched only in July of last year, Weeve had provided a crowdfunding platform which worked with non-profits to improve their fundraising efforts using their crowdfunding platform Weeve had received covered in many… Read More

February 8, 2013 @ 4:57 pm By Calgary Herald  |  

You only have to wait a few years before the “new fad” in financing strategies appears. Some of these fads become legitimized and stick with us, becoming trends and others – well they’re fads… If you are in the Energy sector, this isn’t as big an… Read More

February 8, 2013 @ 1:51 am By Mondaq  |  

On December 14, 2012, the OSC released OSC Staff Consultation Paper 45-710 – Considerations for New Capital Raising Prospectus Exemptions (the “OSC Paper”)1 which examines four ideas for potential capital raising prospectus exemptions; crowdfunding, an offering memorandum exemption for Ontario, and exemptions for sophisticated investors and… Read More

January 28, 2013 @ 7:09 pm By JD Alois  |  

Ontario Chambers of Commerce release report regarding the business climate in Ontario.  Incorporated into the report, as reported in the Ottawa Citizen,  is a list of recommendations for improving business in the Canadian province – listing crowdfunding as one of the objectives.  This report is… Read More

January 21, 2013 @ 8:44 pm By JD Alois  |  

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

January 17, 2013 @ 11:26 pm By JD Alois  |  

On December 20, 2012, the Canadian Securities Administrators, excluding Ontario and British Columbia, announced that they would be publishing harmonized interim local orders to provide exemptions from certain disclosure requirements relating to the use of the “OM exemption” under NI 45-106 and the use of Form 45-106F2 Offering memorandum for non-qualifying issuers. This… Read More

January 16, 2013 @ 7:59 am By JD Alois  |  

In Deloitte’s (Canada) annual release of predictions for 2013 crowdfunding gets noticed.  The Technology, Media and Telecommunications (TMT) Team is predicting that crowdfunding will raise $3 Billion by the end of 2013 despite some risks.  A 100% increase over 2011. They note that in Ontario,… Read More

January 14, 2013 @ 6:06 am By JD Alois  |  

The Exempt Market Dealers Association (EMDA) and Canada’s Venture Capital & Private Equity Assocation (CVCA)  are scheduled to hold an event focusing on the emerging industry of crowdfunding in Canada.  The event, Crowdfunding in the Canadian Context, will take place at the Ontario Investment &… Read More

January 10, 2013 @ 8:58 pm By Jeff Jedras, itbusiness.ca  |  

A round-up of the top successful crowdfunding videos of 2012 offers some insight on what to do to get the cash. With 2013 expected to be the year of crowdfunding (at least according to our own Brian Jackson), more and more entrepreneurs will likely be… Read More

January 10, 2013 @ 8:17 am By Mondaq  |  

The Ontario Securities Commission has released a broad consultation paper, OSC Staff Consultation Paper 45-710 Considerations for New Capital Raising Prospectus Exemptions, which explores four “concept ideas” relating to new prospectus exemptions in Canada. This includes the OSC’s preliminary thoughts about crowdfunding. The Canadian Securities Administrators (CSA) have been… Read More

January 4, 2013 @ 5:21 am By Blakes  |  

OSC consults on possible new prospectus exemptions to broaden access to the exempt market Four “concept ideas” considered: crowdfunding, an offering memorandum exemption for Ontario, and two exemptions based on investor sophistication or advice Dealer or adviser registration considered for funding portals The Ontario Securities Commission has… Read More

January 3, 2013 @ 3:04 am By Mississauga.com  |  

Mississauga now has its own crowdfunding site called CookieeJar.com thanks to two City Centre residents. Taleb Farag and David Le say their website is a platform for anyone trying to raise money for a cause: charities, film-makers, writers who need cash to publish, musicians looking… Read More

January 2, 2013 @ 8:51 am By The StarPhoenix  |  

Olympians use donation site to fund training Julia Rivard didn’t win a medal at the 2000 Sydney Olympics. Still, her performance was impressive. Ms. Rivard, along with her three teammates, finished in ninth place in the women’s 500-metre four-person kayak event. For Ms. Rivard, who… Read More

December 31, 2012 @ 11:32 am By Quentin Casey, Financial Post  |  

Julia Rivard didn’t win a medal at the 2000 Sydney Olympics. Still, her performance was impressive. Ms. Rivard, along with her three teammates, finished in ninth place in the women’s 500-metre four-person kayak event. For Ms. Rivard, who started paddling only four years before the… Read More

December 18, 2012 @ 4:42 am By Mondaq  |  

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

December 15, 2012 @ 5:35 pm By JD Alois  |  

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… Read More

December 13, 2012 @ 5:07 am By JD Alois  |  

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

December 11, 2012 @ 1:18 am By Christine Wong  |  

The main organization lobbying to legalize equity crowdfunding in Canada is teaming up with a major U.S. group to bolster its efforts. Invest CrowdFund Canada (ICC) announced today it is formally partnering with the U.S.-based Crowdfunding Professionals Association (CfPA). The new partnership – referred to… Read More