Choice: A person, or entity, other than an individual, who has net assets of at least $5 million.

FSRA Definition: person or entity, other than an individual, who has net assets of at least $5 million as reflected in its most recently-prepared financial statements and who provides written confirmation of this to the brokerage

*FSRA = Financial Services Regulatory Authority of Ontario

Choice: An individual who, alone or together with their spouse, as net assets of at least $5 million..

FSRA Definition: An individual who, alone or together with his or her spouse, has net assets of at least $5 million and who provides written confirmation of this to the brokerage.

*FSRA = Financial Services Regulatory Authority of Ontario

Choice: An individual who alone, or together with their spouse, owns financial assets that have a value that, before taxes but net of any related liabilities, exceeds #1 million.

FSRA Definition: An individual who, alone or together wit his or her spouse, beneficially owns financial assets (being cash, securities within the meaning of the Securities Act, the cash surrender value of a life insurance contract, a deposit or evidence of a deposit) that have an aggregate realizable value that, before taxes but net of any related liabilities, exceeds $1 million and who provides written confirmation of this to the brokerage.

*FSRA = Financial Services Regulatory Authority of Ontario

Choice: An individual whose net income before taxes in each of the two most recent years exceeded $200,000, or when combined with their spouse, exceeded $300,000.

FSRA Definition: An individual whose net income before taxes in each of the two most recent years exceeded $200,000 or whose net income before taxes in each of those years combined with that of his or her spouse in each of those years exceeded $300,000, who has a reasonable expectation of exceeding the same net income or combined net income, as the case may be, in the current year and who provides written confirmation of this to the brokerage.

*FSRA = Financial Services Regulatory Authority of Ontario

Choice: I don’t fit into any of these qualifications, but I still want to invest.

FSRA Definition: Non-qualified investors can invest a maximum of $60,000.

*FSRA = Financial Services Regulatory Authority of Ontario

Please provide your contact information and we will be in touch.