Hi Rick, thanks for your comments and support. The Ontario Securities Commission is expected to release their proposed crowdfunding exemption (along with other new exemptions) within the next week or so. Stay tuned– the early stage capital raising landscape in Ontario (and hopefully other provinces), is going to heat up! All the best, CA

And kudos to all of the states listed!

Unfortunately for me, at least relative to intrastate crowdfunding, I am a small business owner living in California – and so far, California is not even in the process of considering intrastate crowdfunding. This is too bad, as California is not only the most populous state in the union, but California is also (depending upon what reports you may read and when) among the Top 10 economies in the world! Hopefully, California will embrace intrastate crowdfunding sooner than later.

Just this morning, on TV, I saw a commercial featuring Rick Perry of Texas extolling the benefits of doing business in Texas! I know a number of companies have already moved from ‘not business friendly’ California to other states, including Texas.

Perhaps adopting intrastate crowdfunding exemptions like those being considered by these other states can be a step in the right direction for California to retain businesses that are already here. Intrastate crowdfunding will also allow existing small businesses to tap into a new financial resource to grow their business. Making intrastate crowdfunding available should also encourage new business start-ups. (Perhaps to replace those businesses that have fled to those states that are more ‘business friendly’!)

Thanks for the great information! I hope crowdfunding takes off in Canada and does well!