B.C. Securities Commission Overhauls Crowdfunding Rules

Darpan News Desk, 21 Sep, 2017 01:46 PM

The B.C. Securities Commission is making changes to expand the pool of potential investors for B.C.-based issuers launching crowdfunding campaigns.

The commission says it's harmonizing the crowdfunding regime with Alberta to allow B.C. startups and early stage issuers access to investors in that province.

It's also increasing the limit for investors in crowdfunding campaigns to $5,000 from $1,500 for those who have obtained advice from a registered dealer.

The commission says the changes follow consultations with technology industry stakeholders and businesses earlier this year.

Prev Next

MORE National ARTICLES

Kathleen Wynne To Announce Health, Infrastructure Funding In Northern Ontario Tour

Wynne leaves Saturday on a weeklong visit to schools, hospitals, businesses and First Nations from North Bay to Sioux Lookout, with stops in Sudbury, Dryden, Kenora, Fort Frances, Kirkland Lake and nearly a dozen other communities.

Kathleen Wynne To Announce Health, Infrastructure Funding In Northern Ontario Tour

B.C. Fire Crews' Radio Equipment 'Deliberately' Vandalized: Officials

CASTLEGAR, B.C. — Wildfire officials say vandals near Creston, B.C., have destroyed crucial radio equipment used to keep firefighters safe.

B.C. Fire Crews' Radio Equipment 'Deliberately' Vandalized: Officials

Wildfires Affect Flow Of Electricity To Yellowknife, Other Communities

The Northwest Territories Power Corporation says there was a brief outage early Friday morning as fires burn near transmission lines and its Snare hydroelectricity facility.

Wildfires Affect Flow Of Electricity To Yellowknife, Other Communities

Trio Charged With First-degree Murder In Newfoundland Man's Abduction

ST. JOHN'S, N.L. — The mayor of a Newfoundland suburb says residents are "more at ease" since police charged three men in the abduction and death of Steven Miller.

Trio Charged With First-degree Murder In Newfoundland Man's Abduction

Global Rights Groups To Keep Eye On Canada's Missing, Murdered Women Inquiry

OTTAWA — The number of missing or murdered indigenous women in Canada has not escaped the attention of members of the international human rights community, who will keep a close eye on a national inquiry they say is long overdue.

Global Rights Groups To Keep Eye On Canada's Missing, Murdered Women Inquiry

Manitoba Premier Says He Has Not Talked With Owners Of Shutdown Port

Omnitrax has not made any public statements and has refused media requests for interviews about the decision, which has resulted in dozens of layoffs in Churchill.