Crowdfunding The New Frontier

 

Crowdfunding is gaining traction in Europe and the United States while still in its infancy in Canada. The attached article was written by Jennifer Hayes, Associate of McCarthy Tetrault LLP law firm in Vancouver. Long article short, as long as you follow proper disclosure requirements, you should be okay.

You can be sure that if Crowdfunding is used to swindle people out of money, legislation will be quick to regulate or restrict this type of fundraising platform, but for now it appears to be legitimate.

The Real Estate Capital Markets 2016 seminar presented by the Queen's Real Estate Roundtable next month has Crowdfunding and Alternative Lending as one of their key topics.

Crowdfunding in Canadian Real Estate: new frontier in financing