An accredited investor satisfies any of the following attributes:
☑ An individual who, alone or together with a spouse, owns financial assets worth more than $1 million before taxes but net of related liabilities; or An individual, who alone or together with a spouse, has net assets of at least $5,000,000.
☑ An individual whose net income before taxes exceeded $200,000 in both of the last two years and who expects to maintain at least the same level of income this year; or An individual whose net income before taxes, combined with that of a spouse, exceeded $300,000 in both of the last two years and who expects to maintain at least the same level of income this year
☑ An individual who currently is, or once was, a registered adviser or dealer, other than a limited market dealer
☑ Financial institutions
☑ Governments and governmental agencies
☑ Insurance companies
☑ Pension funds
☑ Registered charities
☑ Certain mutual funds, pooled funds, and managed accounts
☑ Companies with net assets of at least $5 million
☑ Persons or companies recognized by the Ontario Securities Commission (OSC) as an accredited investor