RE:RE:JOE - There's a difference between being an Insider and having inside information.
An insider is very clearly defined - examples include senior level executives, directors, large shareholders, etc. The key thing about being an insider is that you have to report all your activities regarding the shares on the company (see www.sedi.ca for insider definitions and reported insider trades). They are usually also bound by blackout periods imposed by the company.
Inside information is any material information that is not available to the public at large. Nobody can trade on inside information legally, ever - whether you are a registered Insider or not.