Are you an Accredited Investor?
An Accredited Investor is a term from Canadian securities law that enables you to invest in exempt products. Some common examples of ways you can qualify as an Accredited Investor include:
- an individual who, either alone or with a spouse, beneficially owns financial assets having an aggregate realizable value that, before taxes but net of any related liabilities, exceeds $1,000,000
- an individual whose net income before taxes exceeded $200,000 in each of the 2 most recent calendar years or whose net income before taxes combined with that of a spouse exceeded $300,000 in each of the 2 most recent calendar years and who, in either case, reasonably expects to exceed that net income level in the current calendar year
- an individual who, either alone or with a spouse, has net assets of at least $5,000,000
- a person/company, other than an individual or investment fund, that has net assets of at least $5,000,000 as shown on its most recently prepared financial statements