45-108 - Crowdfunding Securities

Regulation 45-108 respecting Crowdfunding (V-1.1, r. 21.02)

Notice relating to Regulation 45-108

CSA Notice

Notice of publication

History relating to Regulation 45-108

Date of publication in the bulletin Text
June 1, 2023 Regulation to amend Regulation 45-108 respecting Crowdfunding (PDF - 332 KB)This link will open in a new windowUpdated on June 1st, 2023 (concordant to Regulation 13-103)
In force on June 9, 2023
June 1, 2023 Amendments to Policy Statement to Regulation 45-108 respecting Crowdfunding (pdf - 133 KB)This link will open in a new windowUpdated on June 1st, 2023 (concordant to Regulation 13-103)
In force on June 9, 2023
March 23, 2023 Regulation to amend Regulation 45-108 respecting Crowdfunding (pdf - 80 KB)This link will open in a new windowUpdated on March 14, 2023 (concordant to Regulation 13-103)
March 23, 2023 Amendments to Policy Statement to Regulation 45-108 respecting Crowdfunding (pdf - 131 KB)This link will open in a new windowUpdated on March 14, 2023 (concordant to Regulation 13-103)
  Regulation 45-108 respecting Crowdfunding (pdf - 1 MB)This link will open in a new windowUpdated on August 13, 2021Crowdfunding (official version)
In force from August 25, 2021 to June 8, 2023
  Policy Statement to Regulation 45-108 respecting Crowdfunding (pdf - 439 KB)This link will open in a new windowUpdated on August 13, 2021Crowdfunding
In force from August 25, 2021 to June 8, 2023
August 5, 2021 Regulation to amend Regulation 45-108 respecting Crowdfunding (pdf - 285 KB)This link will open in a new windowUpdated on August 5, 2021Amendments to Regulation 45-108 concordant to Regulation 52-112. (concordant to Regulation 52-112)
In force on August 25, 2021
August 5, 2021 Amendments to Policy Statement to Regulation 45-108 respecting Crowdfunding (pdf - 20 KB)This link will open in a new windowUpdated on August 5, 2021Amendments to Policy Statement to Regulation 45-108 concordant to Regulation 52-112. (concordant to Regulation 52-112)
In force on August 25, 2021
May 27, 2021 Regulation to amend Regulation 45-108 respecting Crowdfunding (pdf - 15 KB)This link will open in a new windowUpdated on May 26, 2021 (concordant to Regulation 52-112)
May 27, 2021 Amendments to Policy Statement to Regulation 45-108 respecting Crowdfunding (pdf - 14 KB)This link will open in a new windowUpdated on May 26, 2021 (concordant to Regulation 52-112)
May 20, 2021 Draft Regulation to amend Regulation 45-108 respecting Crowdfunding (pdf - 14 KB)This link will open in a new windowUpdated on May 1st, 2019System Replacement (concordant to Regulation 51-102 - Réduction fardeau règlementaire)
End of consultation : Septembre 17, 2021
February 13, 2020

Draft Regulation to amend Regulation 45-108 respecting Crowdfunding (pdf - 10 KB)This link will open in a new windowUpdated on February 13, 2020 (concordant to Regulation 52-112)
End of consultation : May 13, 2020 (postponed until June 29, 2020)  
February 13, 2020 Draft Amendments to Policy Statement to Regulation 45-108 respecting Crowdfunding (pdf - 38 KB)This link will open in a new windowUpdated on February 13, 2020 (concordant to Regulation 52-112)
End of consultation :  May 13, 2020 (postponed until June 29, 2020)   
May 2, 2019 Draft Regulation to amend Regulation 45-108 respecting Crowdfunding (pdf - 14 KB)This link will open in a new windowUpdated on May 1st, 2019System Replacement (concordant to Regulation 13-103)
End of consultation : July 31, 2019
May 2, 2019 Draft Amendments to Policy Statement to Regulation 45-108 respecting Crowdfunding (pdf - 17 KB)This link will open in a new windowUpdated on May 1st, 2019System Replacement (concordant to Regulation 13-103)
End of consultation : July 31, 2019
September 6, 2018 Draft Regulation to amend Regulation 45-108 respecting Crowdfunding (pdf - 14 KB)This link will open in a new windowUpdated on September 6, 2018"draft, regulation, amend, regulation 45-108, crowdfunding, concordant, 52-112" (concordant to Regulation 52-112)
End of consultation : December 5, 2018
September 6, 2018 Draft Amendments to Policy Statement to Regulation 45-108 respecting Crowdfunding (pdf - 36 KB)This link will open in a new windowUpdated on September 6, 2018"draft, amendments, policy statement, regulation, 45-108, crowdfunding, concordant, 52-112" (concordant to Regulation 52-112)
End of consultation : December 5, 2018
  Regulation 45-108 respecting Crowdfunding (pdf - 1 MB)This link will open in a new windowUpdated on October 19, 2021Official consolidated version of Regulation 45-108 in force from January 25, 2016 to August 24, 2021 (official version)
In force from January 25, 2016 to August 24, 2021
  Policy Statement to Regulation 45-108 respecting Crowdfunding (pdf - 342 KB)This link will open in a new windowUpdated on October 19, 2021Consolidated version of Policy Statement to Regulation 45-108 in force from January 25, 2016 to August 24, 2021.
In force from January 25, 2016 to August 24, 2021

January 21, 2016

Regulation 45-108 respecting Crowdfunding (PDF - 242 KB)This link will open in a new windowUpdated on January 21, 2016Crowdfunding
In force on January 25, 2016

January 21, 2016

Policy Statement to Regulation 45-108 respecting Crowdfunding (pdf - 127 KB)This link will open in a new windowUpdated on January 21, 2016Crowdfunding
In force on January 25, 2016

November 5, 2015

Regulation 45-108 respecting Crowdfunding (pdf - 416 KB)This link will open in a new windowUpdated on November 4, 2015Crowdfunding

November 5, 2015

Policy Statement to Regulation 45-108 respecting Crowdfunding (pdf - 123 KB)This link will open in a new windowUpdated on November 4, 2015Crowdfunding

November 5, 2015

Notice of publication : Regulation 45-108 respecting Crowdfunding (pdf - 202 KB)This link will open in a new windowUpdated on November 5, 2015Crowdfunding

March 20, 2014

Draft Regulation 45-108 respecting Crowdfunding (pdf - 218 KB)This link will open in a new windowUpdated on March 19, 2014Crowdfunding
End of consultation: June 18, 2014

March 20, 2014

Draft Policy Statement to Regulation 45-108 respecting Crowdfunding (pdf - 98 KB)This link will open in a new windowUpdated on March 19, 2014Crowdfunding
End of consultation: June 18, 2014

March 20, 2014

Draft Blanket Orders on the Start-Up Crowdfunding Prospectus and Registration Exemption in Québec (pdf - 219 KB)This link will open in a new windowUpdated on March 19, 2014Blanket order - Crowdfunding
End of consultation: June 18, 2014

March 20, 2014

Summary of the proposed crowdfunding prospectus exemption (pdf - 279 KB)This link will open in a new windowUpdated on March 19, 2014Crowdfunding

March 20, 2014

Summary of the proposed registration framework (pdf - 176 KB)This link will open in a new windowUpdated on March 19, 2014Crowdfunding

March 20, 2014

Multilateral CSA Notice of Publication and Request for Comment: Draft Regulation 45-108 respecting Crowdfunding; Draft Policy Statement to Regulation 45-108 respecting Crowdfunding and Draft Blanket Orders in Québec on the Start-Up Crowdfunding Prospectus and Registration Exemption (pdf - 157 KB)This link will open in a new windowUpdated on March 19, 2014Crowdfunding