Investor Classification

Are you an Accredited or eligible Investor?

Accredited Investors

Individuals are often classified as accredited individual investors if they meet either of the following criteria:

•             an individual who individually or together with spouse, beneficially own, financial assets having an aggregate realizable value that, before taxes but net of related liabilities, exceeds $1,000,000.

•               an individual whose net income before taxes exceeded $200,000 in each of the two most recent years or, whose net income before taxes combined with that of a spouse exceeded $300,000 in each of those years and who, in either case, has a reasonable expectation of exceeding the same net income level in the current year.             

Other Accredited Investors

Non-Individual entities, such as financial institutions, Registrants, Government, Pension Funds or Charities, Issuers and Promoters, Entities, Mutual funds and Managed Accounts, Foreign Entities, Entities with accredited investors, and other regulatory designation as defined by Ontario Securities Commission Rule 45 – 501 may be designated accredited investors.

Eligible Investors Eligible investors, defined as individuals earning at least $75,000 or $125,000 a household can invest up to a maximum of $30,000 each year, cumulatively, for all investments made in reliance upon the OM exemption in any 12-month period unless they receive suitable advice from a portfolio manager, investment dealer or exempt market dealer, in which case the investment limit is increased to $100,000 per year.