Ottawa, ON...CATAAlliance, Canada’s One Voice for Innovation lobby group has announced that its new Advocates-for-Change Caucus, a crowdsourced 1,519 member activist group, has been mobilized to reach out to decision makers at all levels, in order to help advance the Alliance’s advocacy campaign, entitled, “AI Can Democratize Private Investment “.
According to CATA Innovation Advocate, Keren Moynihan, Co-founder and CEO of Boss Insights, ” For most Canadians, investing in private companies hardly ever even hits their radar. One explanation is the dearth of available information on the companies— private companies don’t have to disclose financial performance like public companies do. That means that it’s harder for isolated individuals to make informed investment decisions.
She added, “The majority of Canadians are legally barred from investing in private companies, by legislation called National Instrument 106-45 —Prospectus Exemption. The document states that in order to be an “accredited investor”, an individual must earn a yearly income of $200,000, own financial assets worth at least $1 million, or own total assets of at least $5,000,000. Anyone who doesn’t meet one of these thresholds is disallowed from investing in private companies, a barrier that should be removed.”
Read Full Details: https://cata.ca/2019/democratize-private-investment/
CATA CEO John Reid said, “ CATA’s 4.0 business transformation, has embraced a full suite of digital and Ai resources now being deployed to advance Canada’s innovation and competitiveness rankings, and to help address specific business growth issues identified through crowdsourcing and guidance from our Board members and now using leverage from the CATA Advocates-for-Change Caucus.”
Related: By signing the CATA E-Petition you become part of a Caucus of Executives who will act as CATA Advocates-for-Change. The Caucus can be instantly mobilized to reach out to decision makers at all levels and to build peer support, in order to advance present and future advocacy campaigns.
Exchange information with Tech and Innovation peers at the CATA Competitive Innovation Nation Social Group on Linked (14,153 members) where you can now opt in at: https://www.linkedin.com/groups/37239/
The Canadian Advanced Technology Alliance (CATAAlliance), Canada’s One Voice for Innovation Lobby Group and ‘political party’ for Canada’s tech industry, crowdsources ideas and guidance from thousands of opt in members in moderated social networks in Canada and key global markets. Supported by evidence-based research, CATAAlliance then mobilizes the community behind public policy recommendations designed to boost Canada’s innovation and competitiveness success.