The Financial Post recently published an article called, “Caught in a web of spinoffs: Inside Canada’s expanding universe of ‘shell’ companies” by Barbara Shecter and Peter Koven. Many of you have probably already seen it, but if you haven’t, I highly recommend that you take a few minutes to read it. The article discusses how…
Upcoming Amendments to National Instrument 45-106 Prospectus and Registration Exemptions (NI 45-106) Amendments to the individual accredited investor (AI) exemption and the minimum amount investment exemption, more commonly known as the $150,000 exemption will come into force on May 5, 20151in NI 45-106, which incidentally, will be renamed to National Instrument 45-106 Prospectus Exemptions. In…