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Pierre L. Morrissette Institute for Entrepreneurship

Accredited Investors

Under National Instrument 45-106 Prospectus Exemptions, an accredited investor means an individual with:

  • Net income before taxes was more than $200,000 in each of the two most recent calendar years and is expected to be more than $200,000 in the current calendar year
  • Net income before taxes combined with a spouse was more than $300,000 in each of the two most recent calendar years and their combined net income is expected to be more than $300,000 in the current calendar year
  • Financial assets, alone or with a spouse, of more than $1 million before taxes but net of related liabilities
  • Net assets, alone or with a spouse, worth more than $5 million