BizSugar.com › Online Marketing › NEWS: Will Crowdfunding “Kickstart” Ontario’s Exempt Market?

On March 20, the Ontario Securities Commission (OSC) along with its counterparts in Quebec, New Brunswick, Nova Scotia, Manitoba, and Saskatchewan, unveiled the proposed rules to deal with crowdfunding (among other things) as a source of capital for start-ups and SMEs. The comment period ended on June 18. In a sense, the OSC is playing catch-up, in that the US and UK regulators seem to be one or two years ahead of the OSC in permitting and regulating crowdfunding.