RVXoldtimer,

that is true, but it can be more than $15,000 with a suitability sanction from your broker. 

Not sure exactly how that works paperwork wise...does the issuer just have you signed off that you have been advised by a registered adviser of its suitability and that's it?  
Excerpt from that page:

In order to acquire securities under the exemption, an existing security holder must confirm in writing that they are a security holder of the issuer. This limits use of the exemption to investors that have already made an investment decision in the issuer. Other key conditions designed for investor protection include:

• unless an investor has obtained advice regarding the suitability of the investment from a registered investment dealer, the aggregate amount invested by the investor in any one issuer in the last 12 months under the exemption must not be more than $15,000, and
• the investor will have rights of action in the event of a misrepresentation in the issuer’s continuous disclosure record. 

A copy of the CSA notice and exemption is available on participating CSA member websites.