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News and Publications : Regulatory Updates

EMDA stays on top of new developments in capital raising

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To facilitate capital raising the New Brunswick Securities Commission (NBSC) recently published Blanket Order 45-504 and the Multilateral CSA Notice 45-311, Exemptions from Certain Financial Statement-Related Requirements in the Offering Memorandum Exemption to Facilitate Access to Capital by Small Businesses.

NBSC is working on updates to their website - the information provided does not currently reflect the relief provided in the blanket order and may not be up to date.

For more information about this announcement please visit this link. If you have any questions, please contact the New Brunswick Securities Commission.

The EMDA is staying on top of new developments in capital raising. Brian Koscak, Chairman of the Exempt Market Dealers Association of Canada was a part of the panel discussion on the emerging crowd funding trend on November 27th at the University of New Brunswick, Fredericton. Please check the video here.