Language

Google Translate Disclaimer

A number of pages on the Government of Saskatchewan's website have been professionally translated in French. These translations are identified by a yellow box in the right or left rail that resembles the link below. The home page for French-language content on this site can be found at:

Renseignements en Français

Where an official translation is not available, Google™ Translate can be used. Google™ Translate is a free online language translation service that can translate text and web pages into different languages. Translations are made available to increase access to Government of Saskatchewan content for populations whose first language is not English.

Software-based translations do not approach the fluency of a native speaker or possess the skill of a professional translator. The translation should not be considered exact, and may include incorrect or offensive language. The Government of Saskatchewan does not warrant the accuracy, reliability or timeliness of any information translated by this system. Some files or items cannot be translated, including graphs, photos and other file formats such as portable document formats (PDFs).

Any person or entities that rely on information obtained from the system does so at his or her own risk. Government of Saskatchewan is not responsible for any damage or issues that may possibly result from using translated website content. If you have any questions about Google™ Translate, please visit: Google™ Translate FAQs.

Investor Alert: AquilaBIT, David Hudson

Released on December 29, 2020

The Financial and Consumer Affairs Authority (FCAA) is aware that an online trading platform, AquilaBIT, is offering Saskatchewan residents an opportunity to invest in cryptocurrencies, spot metals, energies, commodities, bonds and other securities through its online website.  David Hudson is allegedly the compliance person for AquilaBIT and is allegedly based in Toronto, Ontario.

Neither Mr. Hudson nor AquilaBIT are registered in any capacity with the FCAA.  Individuals or companies need to be registered with the FCAA in order to trade or sell securities or derivatives in Saskatchewan.

Websites of Subject:  www.aquilabit.com

Tips to protect yourself:

  • Always check the registration of the person or company selling or advising about securities or derivatives.  To check registration visit The Canadian Securities Administrators’ National Registration Search (https://www.securities-administrators.ca/nrs/nrsearchprep.aspx).     
  • Know exactly what you are investing in.  Make sure you understand how the investment, product or service works.
  • Get a second opinion and seek professional advice about the investment.

If you have invested with AquilaBIT, contact the FCAA’s Securities Division at 306-787-5936. 

For more investor protection information visit https://fcaa.gov.sk.ca/consumers-investors-pension-plan-members/investors.

-30-

For more information, contact:

Shannon McMillan
Financial and Consumer Affairs Authority of Saskatchewan
Regina
Phone: 306-798-4160 
Email: shannon.mcmillan@gov.sk.ca

We need your feedback to improve saskatchewan.ca. Help us improve