EM Gateway News
May 15, 2013
Disrupting the Financial Industry
Disruption is hitting the financial services sector. One example is crowdfunding, in which startups can bypass banks and venture capitalists for startup capital. In addition, there is a new wave of startups offering products for financially underserved customers, offerings loans and other new financial services.
Apr 26, 2013
Crowdfunding may not turn out to be boon that many small businesses expect
Apr 7, 2013
Job Act Anniversary and Still No Crowdfunding
One year later still no SEC authorization of Crowd Funding in the US as related to the JOBS act.
Apr 4, 2013
What it takes to be a VIP Investor
If you consider yourself a savvy investor with the stomach for significant risks, you're far from alone. The exempt market, a higher-risk alternative to public markets, is big and burgeoning. The Ontario Securities Commission (OSC) estimates exempt-market issuers across Canada raised $143 billion in 2011, up by almost 10% over 2010.
Mar 22, 2013
Crowdfunding’s lack of reward | SmartPlanet
SEC holds up establishment of equity value in crowdfunding in the US.
Mar 20, 2013
Canada’s Venture Capital Action Plan
The Government of Canada's initiative to support growth if new business and SME's in Canada may have missed the mark. By trying to stimulate large Venture Capital Funds of Funds that typically don't invest in SME's until they have a strong revenue stream which is the point at which that company needs less support. These new funds won't finance the new entrepreneur trying to get their business off the ground. Some of the Venture Capital initiative should have gone into supporting Exempt Market industry participants who create and support an infrastructure that truly helps finance SME's.
Mar 19, 2013
Regulators take closer look at crowdfunding - Canada - World - Ottawa Business Journal
I would say that all great companies started as a small company.
Mar 18, 2013
National Exempt Market Association - Response Letter to OSC
Nema would like to thank our members for their letters commenting on the OSC Staff Consultation Paper 45-710, Exempt Market Review. This campaign was a tremendous success. So far, there have been 97 responses to the comment period, and approximately 80% are in favor of the OM exemption.
Mar 16, 2013
Interactive Ontario: Crowdfunding exemptions needed sooner | FP Startups | Entrepreneur
Mar 15, 2013
2013 EMDA Awards – Exempt Market Deals of the Year
There are only two weeks left to submit nominations for the 2013 EMDA Awards – Exempt Market Deals of the Year. Take advantage of this great opportunity to celebrate your business achievements, or nominate another exempt market issuer or dealer or firm that has inspired you with their success.
Mar 15, 2013
Alberta Provincial Budget Tabled
Alberta Finance Minister Doug Horner tabled the province’s fiscal 2013–14 budget on March 7, 2013. The government announced that it intends to protect core services, but the budget is focused on “living within our means.” As a result, there is to be no increase from last year in operating expenses, government managers will face a salary freeze and their numbers will be reduced by 10% over three years. Nevertheless, the budget contains no new taxes and no tax increases.
Mar 15, 2013
EM Gateway - 2nd Place Best Tech Provider
EM Gateway wins 2nd place for Best Tech Provide in the recent Calgary Choice Awards. Congratulations!
Mar 11, 2013
Private Equity vs Stock Market
What is the average difference in return to investors from those investing traditionally in the Stock Market VS those who invested Privately (Private Equity)? US statistic Private equity has established a track record of outperforming other asset classes. The U.S. private equity index compiled by advisory firm Cambridge Associates LLC shows an net internal rate of return (IRR) of 13.7 percent in the 10 years through September 30, 2012, compared with an 8 percent return by the S&P 500 Index.
Mar 11, 2013
Response by the The Canadian Advanced Technology Alliance (CATA) to the OSC regarding the allowance
Mar 10, 2013
Response by the National Crowdfunding Association of Canada to the recent OSC Staff consultation
Response by the National Crowdfunding Association of Canada to the recent OSC Staff consultation paper regarding the allowance of Crowd Funding as a private capital exemption in Canada.
Mar 5, 2013
Real Business - Crowdfunding vs Nanny
Alluding to is the power of the nanny. It is in the DNA of politicians and regulators to believe that they know better than you, dear reader. Therefore, you need protecting from yourself, don’t you? You cannot be trusted to make an investment decision for yourself.
Mar 1, 2013
Why its so hard for some businesses to grow in Canada
In the startup world, it’s all about risk and reward. Many entrepreneurs abandon secure, well-paying jobs to chart their own destiny – and take a courageous gamble where the winner often takes all or nothing. With minimal capital, runway and resources, every decision an entrepreneur makes carries hefty risk. This is particularly pertinent in Canada given the very limited capital available to scale up early-stage companies.
Feb 27, 2013
New crowdfunding platforms let you sell stock in yourself
It’s called a human capital contract, in which an individual raises money from investors in exchange for equity in themselves.
Feb 27, 2013
The Quebec Securities Commission (AMF) is requesting comment on the Crowd Funding proposal
The Quebec Securities Commission (AMF) is requesting comment on the Crowd Funding proposal similar to Ontario and Alberta.
Feb 20, 2013
EMGateway NOMINATED FOR CALGARY CHOICE AWARDS
EMGateway has been nominated in two categories for this year's awards: 1) Best Technology Service Provider 2) Best New Business (under two years) We would love the vote of as many people as we can for our company. We would be honored if you could distribute to your contact base and spread the word for support.
Feb 5, 2013
Dell Computers decides to get out of the Public Stock Market and go back to being a Private company
Feb 4, 2013
Quantum Valley
Waterloo Mayor Brenda Halloran greets Russian Investor Serguei Kouzmine: Quantum Computing Investor Praises Waterloo as ”Quantum Valley". Waterloo, Ontario positions itself to be the Nanotechnology Valley, similar to the start of Silicon Valley in California.
Jan 30, 2013
BC Securities Commission - CEO
Brenda Leong understands the importance of the exempt market and has been leading in BC on decisions to ensure investments are efficient for companies raising capital and offer the needed protection for investors: “When you’ve got a conglomerate of bank-owned dealers and large pension funds, all of which reside in Eastern Canada, who may not understand the venture market and what makes it successful, it was imperative for us to look at the risks that transaction presented in making a decision.” Brenda Leong – CEO , BC Securities Commission, source: CGA Newsletter, Jan 2013
Jan 28, 2013
Ottawa Opens Doors for Good Ideas
Immigration Minister Jason Kenney spoke to media Thursday announcing plans to launch a program that will grant immediate permanent residency to qualifying entrepreneurs starting April 1.
Jan 28, 2013
RBC’s Posted Returns for 2012
Though the year was turbulent for most of the companies in Canada, there are a few that (regardless of the headwinds) continue to post significant earnings.
Jan 24, 2013
The Importance of an EMD in the Exempt Market World - contributed by Adam Derges
Jan 14, 2013
The Advancement of WEMA to a National Organization helping to advance the exempt market in Canada
As the Exempt Market of Canada has been growing and changing, so too has the Western Exempt Market Association. President, Craig Skauge is pleased to announce the changing of the associations name to the National Exempt Market Association (NEMA). Based on industry and member feedback, it was felt that this name much better reflects the mandate, membership base, and plans for the future. For the official news please see view the link.
Jan 14, 2013
Help shape EMDA response to regulators regarding new capital raising prospectus exemptions
The Exempt Market Dealers Association of Canada (EMDA) is preparing our response to securities regulators and we want your feedback. Please complete our survey by January 31, 2013 to ensure we can include your input in our comment letter.
Jan 9, 2013
British Columbia Securities Commission proposes revoking the Northwest Exemption
Jan 8, 2013
Request for Your Opinion: Education Requirements for Dealing Representatives
Jan 8, 2013
Investment banks: Gatekeepers no more as crowdfunding changes the game | VentureBeat
Banks need to move over and make room for the Exempt Market and the beginning of Crowd Funding.
Jan 4, 2013
Crowd Funding and its need in Canada for Canadian Entrepreneurs
Crowd Funding and its need in Canada for Canadian Entrepreneurs – Profit Magazine Interview with Milo Anderson, CEO/Founder of EMGateway™ - December/January 2013.
Jan 2, 2013
OSC Consultation Response Document
OSC Consultation Response Document (Word) – a simple document designed to assist in responding to the OSC Exempt Market Review Consultation. Easy format to compile your responses with addresses to the key WEMA and EMDA contacts who are working to compile an amalgamated response, as well as the direct address to the OSC.
Dec 26, 2012
ASC changing OM exemption to facilitate access to capital for small business
New Developments: ASC changing OM exemption to facilitate access to capital for small business.
Dec 19, 2012
The Role of the Issuer
Presentation provided by Mr. David Todd of Omniarch Capital – thank you for the submission. All information and opinions stated in the this presentation are solely those of Mr. David Todd and not necessarily those of EMGateway™
Dec 18, 2012
OSC “Exempt Market Review”
This paper sets out concept ideas for new capital raising prospectus exemptions in Ontario, which have been developed as part of the Ontario Securities Commission’s (OSC) broadened exempt market review.
Dec 18, 2012
Globe and Mail comment on OSC’s Latest Consultation Paper
Ontario regulators are considering new rules to allow small companies to raise money from the public over the Internet, but warn the “crowdfunding” trend raises significant concerns about the potential for fraud. In the report shared OSC on Friday they express interest in seeking public comment on possible rule changes.
Dec 11, 2012
2012 OSC Annual Summary Report
The Ontario Securities Commission has published its annual report for Dealers, Advisers and Investment Fund Managers (as OSC Staff Notice 33-738). This report will be useful for persons and companies registered with the OSC as exempt market dealers, scholarship plan dealers, portfolio managers or investment fund managers and will assist them in understanding and complying with their regulatory obligations under Ontario securities law.
Sep 7, 2012
WEMA President Craig Skauge appointed to OSC Exempt Market Advisory Committee
May 30, 2012
NEW ONLINE FUNDING PLATFORM HELPS CANADIAN BUSINESSES ATTRACT CRUCIAL CAPITAL
EMGateway showcases investment alternatives in Canada’s exempt market by connecting issuers, dealers and investors on one online platform
May 22, 2012
EMTV EMD Tutorial - Profile Creation / Managing Investment Postings from Issuers
May 11, 2012
WEMA Announces Member Discount Printing Partnership with Carbon Copy Digital
May 3, 2012
Sorry, But It’s Not The SEC’s Job To Stop Investors From Making Stupid Decisions
May 2, 2012
Product Test - An Overwhelming Success
Over 90% of testers learned how to use the site in less than 11 minutes.
Apr 27, 2012
CSA Provides Guidance to Improve Compliance of Disclosure Requirements on Prospectus Exemptions
Apr 26, 2012
OSC Announces Small and Medium Enterprises Committee Members for 2012-2013
Apr 19, 2012
OSC Bulletin publication day is changing from Fridays to Thursdays, effective April 26, 2012
Apr 4, 2012
Financing Small Business: Important to British Columbia, Important to Canada
Apr 3, 2012
The Wild West of investing: The biggest financial market you’ve never heard of
Apr 1, 2012
EMGATEWAY™ RELEASES EXEMPT MARKET STATISTICS COMPILED FROM SOURCES ACROSS THE COUNTRY
Mar 21, 2012
BlackOre: Residential Real Estate in the Exempt Market - Western Canada Edition
Mar 19, 2012
British Columbia tightens restrictions on the ‘Northwest Exemption’ - EMDA
Mar 5, 2012
Western Exempt Market Association Partners with Aon and Chartis to Offer Errors and Omissions (E&O)
Mar 5, 2012
AMF launches new consumer awareness campaign Five Key Questions to Help Avoid Financial Ruin
Mar 1, 2012
Continuous Disclosure Guidance From The Alberta And Ontario Securities Commissions - Davis LLP
Feb 6, 2012
EM Watch: Review of Accredited Investor and Minimum Amount Prospectus Exemptions, by Brian Prill
Recent article in EM Watch reviewing accredited investor and minimum amount prospectus exemptions, written by Brian Prill, President of the Exempt Market Dealers Association of Canada.
Feb 2, 2012
Business in Calgary: Interview with Craig Skauge
Recent nterview with Craig Skauge, president of Target Capital Inc., and business development manager for Olympia Trust Co. written by Derek Sankey for Business in Calgary magazine.
Feb 2, 2012
EM Watch: Why is the Exempt Market Flourishing?
Recent article in EM Watch discussing the success of the Exempt Market, written by Stephen Johnston (Partner, Agcapita Partners).
Feb 2, 2012
EM Watch: The Winds of Change by Craig Skauge
Recent article in the EM Watch magazine, written by WEMA Board Member Brian Skauge, detailing the changes of the exempt market in 2011.
Dec 22, 2011
Supreme Court rules against Ottawa’s single-regulator move
The federal government’s ambitious plan to set up a single national securities regulator has been dealt a death blow by the Supreme Court of Canada, which ruled that Ottawa’s proposed legislation is unconstitutional.
Nov 22, 2011
Pinnacle Wealth Brokers Acquires Global Exempt Market Solutions
Pinnacle Wealth Brokers Acquires Global Exempt Market Solutions Creating Canada's Largest Independent Exempt Market Dealer
Nov 17, 2011
EMDA Cocktails & Conversations in Toronto a Huge Success!
Approximately 145 people attended the "EMDA Cocktails and Conversations” networking event in Toronto on Wednesday, November 16th and the feedback has been very positive.