Where You Can Find the Proposed Canadian Equity Crowdfunding Rules and Forms

In Canada, two equity crowdfunding specific exemption proposals are out for public comment: a start-up crowdfunding exemption and an integrated crowdfunding exemption. Six provinces (including Saskatchewan) are considering implementing the start-up crowdfunding exemption, which is almost identical to the existing Saskatchewan crowdfunding exemption. Six provinces (five of these six provinces are also considering the start-up crowdfunding exemption) are considering implementing the integrated crowdfunding exemption. Several lawyers and other people interested in these proposals have told me they have had difficulty finding the actual rules and forms on the securities regulators’ websites. Here where you can find the proposed Canadian equity crowdfunding rules and forms:

British Columbia Release (Start-Up Crowdfunding Exemption Only)

Manitoba, New Brunswick, Nova Scotia, Quebec, and Saskatchewan Releases (Start-Up Crowdfunding Exemption and Integrated (Ontario) Crowdfunding Exemption)

The integrated crowdfunding exemption being proposed in these provinces is identical to the Ontario crowdfunding proposal, which is why they are referring to it as the “integrated crowdfunding exemption”.

Ontario Release (Integrated (Ontario) Crowdfunding Exemption Only)

You can find more information about these two equity crowdfunding exemptions in other articles on this blog. You may want to start with:

The first article contains a chart of all the exemptions which issuers can use in Canada to crowdfund their securities including the proposed start-up crowdfunding exemption and the integrated crowdfunding exemption.

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Disclaimer

The articles on this blog are not intended to create and do not create, an attorney-client relationship. You should not act or rely on information on this website without first seeking the advice of a lawyer. This material is intended for general information purposes only and does not constitute legal advice. You are advised to contact legal counsel prior to undertaking any securities transaction. Laws change and there are subtle nuances to the rules that may apply in your particular circumstance.