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News and Publications : OM Exemption

The OSC’s step backward in helping small and mid-sized businesses

February 16, 2016  
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Source: The Financial Post website

 

Jerome Hass, Special to Financial Post

Monday, Feb. 15, 2016

Rather than spending taxpayer dollars on subsidies for productivity and innovation, we have the opportunity for a cost-free alternative

On Jan. 13, 2016, new regulations came into effect in Canada’s largest capital market that were intended to increase access to the exempt market, both to facilitate capital-raising for small and medium-sized enterprises (SMEs) and to harmonize Ontario’s regulations with the rest of the country. But don’t expect to be able to “invest like the rich” in these exempt markets anytime soon, since neither objective will be fully achieved by the proposed regulations.

Read the full article HERE


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