Category Archives: Federal Investor Program

Immigrant Income Levels Depend on Canadian Immigration Program

In the second part of our series on the recently released Statistics Canada report on the income of immigrants, we delve deeper into the data and look at how various economic class immigration programs compare for immigrants who arrived between 1986 and 2010. The first part can be found here. Among the most important immigration-related issues for the federal government […]

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Regulatory Compliance Costs Canada’s Economy $6,000 per Employee, Possible Relief on the Way

A report by the Canadian Federation of Independent Business (CFIB), which represents Canada’s small and medium sized businesses, estimates that the country’s regulatory burden costs Canadian businesses nearly $6,000 per employee per year, with the cost falling heaviest on small businesses. The report, done in partnership with auditor KPMG, also found that compliance costs are higher in Canada than the […]

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Canadian Government to Provide $400 Million to Bolster Domestic Venture Capital Industry

The Harper government announced on Monday that it will inject $400 million in Canada’s venture capital industry as part of the Venture Capital Action Plan. The goal of the plan is to encourage the creation of large venture capital funds that specialize in investing in early-stage, high-growth startup companies in Canada. “Our Government understands that Canada’s long-term economic competitiveness in […]

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Federal Immigrant Investor Program to Launch Early This Year

In an interview in late December, Canadian Citizenship and Immigration Minister Jason Kenney said that he expected his department to launch the Federal Immigrant Investor Program sometime in the first half of this year. The program, which grants permanent residency to those with assets worth over $1,600,000 in exchange for a no-interest five-year loan of $800,000, is currently not accepting […]

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Canadian Prime Minister Lays Out His Vision For Immigration To Canada

In an interview on Saturday with the Globe and Mail, Canada’s largest national newspaper, Prime Minister Stephen Harper expounded in length on his vision for Canada’s immigration programs. He told the Globe that competition for skilled international workers would heat up over the coming years, as “the demographic changes .. the aging population, start to bite, in many developed countries”. […]

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Largest Canadian Province, Ontario, Announces New Immigration Strategy

The provincial government of Ontario announced a new immigration strategy on Monday which primarily focuses on attracting more economic class immigrants, meaning those who immigrate through skilled worker and investor programs, to Ontario. The strategy is shaped by recommendations submitted to the Ontario government by an expert roundtable last month which the government commissioned as a response to years of decreasing immigration […]

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Immigration Canada Launches Online Consultations to Improve Federal Investor Program

Citizenship and Immigration Canada (CIC) today launched an online consultation campaign to solicit input from the Canadian public on ways to modify the federal Immigrant Investor Program (IIP) to increase the benefit it provides to the country. “We can no longer be a passive player in the global competition for talent and investment. That is why we need to review […]

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Federal Government to Place Moratorium on New Skilled Worker and Investor Immigrant Applications

Postmedia News has reported that the federal government is going to place a moratorium on accepting new applications for permanent residence under the Federal Skilled Worker and Federal Immigrant Investor programs, which were set to begin accepting applications for the year on July 1st. Citizenship and Immigration Canada (CIC) plans on revamping both programs to maximize their contribution to the […]

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Inflation Drops to 1.2% in May, Reducing Likelihood of Rate Hike

Prices increased 1.2 percent in the 12 months leading up to May, a drop of 0.8 percent from the annual inflation rate in April, according to a report released by Statistics Canada today, a development that could keep interest rates low and help shore up housing prices in the near term. The slowdown in inflation was due primarily to declines […]

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Canada’s Federal Investor Program for Immigrants in Limbo

The Federal Immigrant Investor Program (FIIP), which allows foreign individuals with net worths of more than $1.6 million to become Canadian permanent residents by lending a provincial government $800,000 for five years without interest, is scheduled to start accepting applications in two weeks to fill a new annual quota, but it is still not clear as to whether the federal government […]

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