(InvestmentZen/Flickr)

B.C. regulator changing crowdfunding rules, enabling access in Alberta

Changes increase the limit from $1,500 to $5,000

The B.C. Securities Commission is changing its crowdfunding exemption rules to enable B.C.-based issuers to access investors in Alberta.

The regulator says the changes will also increase the amount that some will be able to invest.

The changes increase the limit to $5,000 from $1,500, if an investor has obtained advice from a registered dealer that the investment is suitable for them.

Crowdfunding allows businesses to raise small amounts of money from a large number of investors, often for a specific project.

The BCSC made the changes after consultations with technology industry stakeholders and businesses earlier this year.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

Better ways to use antibiotics on the farm

Canadian Beef Industry Conference session discusses dependence on antibiotics

Stettler Community Christmas Hamper Society seeking donations and volunteer support

Program helps to make the season brighter for local families

Male pedestrian dead after collision with train in Blackfalds

Man from Red Deer pronounced dead at the scene

Halloween Howl: a not-to-be-missed event organized by local group

Halloween fun in support of Stettler and District Crisis Aid

Sylvan Lake shoreline flags wrongfully replaced by well-meaning citizen

Al Cameron of VVOC says a loose thread is not enough to replace the Canadian flags on lakeshore

Scheer, Trudeau, Singh haggle over potential minority government outcome

If you believe the polls, it appears the Liberals and Conservatives are neck-and-neck

Kawhi Leonard, former Toronto Raptor, welcomed back to Vancouver at pre-season game

Fans go wild at pre-season game between L.A. Clippers and Dallas Mavericks at Rogers Arena

Greens and NDP go head to head on West Coast; Scheer takes fight to Bernier

Trudeau turns focus to key ridings outside Toronto after two days in Quebec

‘The more you test, the more you find’: Beef recalls a sign of success, experts say

Despite appearances, experts say a recent rise in major recalls is not a sign of food supply problems

Scholars say religious vaccine objections can’t be traced to Biblical sources

Vaccinations are a requirement to attend class in Ontario and New Brunswick, while B.C. launched a demand this fall

ELECTION 2019: How would the major parties address Canada’s housing crisis?

Promises include speculation taxes, more affordable housing, and declaring housing a human right

PODCAST: Journalism instructor discusses how reporters have taken on climate change

Mount Royal University’s Sean Holman has been researching how journalists have covered climate change

ELECTION 2019: Have Justin Trudeau’s Liberals really cut middle-class taxes?

Conservative Andrew Scheer vows to cut bottom bracket, NDP’s Jagmeet Singh targets wealth tax

Alberta truck convoy plans counter-protest at climate rally with Greta Thunberg

United We Roll organizer says similar protest planned for Swedish teen’s event in Edmonton

Most Read