BG Wealth Group Trading Ban Extended Amid OSC Probe into Owen Sound Investments
The Ontario Securities Commission’s cease trade order against BG Wealth Group, founders Craig Dunkerley and Claudia Harvey, and affiliated companies has been extended until February 6, 2026.
The provincial securities regulator’s cease trade order against BG Wealth Group and its founders, Craig Dunkerley and Claudia Harvey, will remain in effect into next year as an Ontario Securities Commission (OSC) investigation continues.
In an order dated October 3, 2025, the Capital Markets Tribunal extended the temporary cease trade order to 4:30 p.m. on February 6, 2026. The decision, signed by adjudicator Dale R. Ponder, follows a written hearing and notes that the respondents did not oppose the extension.
The order continues to prohibit Dunkerley, Harvey, and several BG-branded companies from trading in or raising funds through securities, and suspends their ability to rely on any exemptions under Ontario securities law.
The affected entities include:
BGRE Capital Corporation
BG Wealth Group Inc.
BG Wealth Group Growth Fund LP
BG Wealth Holdings Corporation
BG Wealth GP Inc.
BG Wealth Properties Inc.
BG Property Holdings Inc.
and Blackthorn Investment Group Inc.
The Tribunal’s order formalizes the request filed by the OSC on September 23 to extend its February 2025 temporary order while the investigation proceeds.
The OSC has alleged possible breaches of Ontario securities law, including trading without registration and distributing securities without filing a prospectus. These remain allegations only, and no charges have been laid.
As previously reported by The Owen Sound Current, the Commission says at least $2.9 million was invested in BGRE Capital promissory notes and more than $8.7 million in the BG Wealth Group Growth Fund.
Some investors have reported missed interest payments and difficulties redeeming their investments.
BG Wealth once held multiple commercial and residential properties in downtown Owen Sound, several of which went into receivership in 2024 amid millions in unpaid debts and more than $286,000 in property tax arrears.
The Tribunal’s decision means the cease trade order will have been in place for a full year by its new expiry date. The OSC’s investigation remains ongoing.
Investors who have been approached by BG Wealth Group, Dunkerley, or Harvey are encouraged to contact the OSC Inquiries and Contact Centre at 1-877-785-1555 or inquiries@osc.gov.on.ca.
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