Category Archives: Canadian investor program

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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Provincial Government in Canada Criticizes Remarks About Immigrant Investor Program

The provincial government of Manitoba on Tuesday shot back at critics who have said the NDP government’s management of the Manitoba Provincial Nominee Program (MPNP) for Business has been a failure. Among the critics are Manitoba Progressive Conservative immigration critic Bonnie Mitchelson and the former program manager for the MPNP for Business, Randy Boldt, who say that a report showing […]

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Fast Track Option of Popular BC Immigrant Investor Program Suspended For Review

The BC government announced on Thursday that it is suspending the Fast Track nomination option in the business stream of the BC Provincial Nominee Program (BC PNP). Through the business immigration stream of the BC PNP, foreign nationals who invest at least $200,000 to $400,000 to start or purchase and expand a qualifying BC-based business, are nominated for permanent residency […]

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Canadian Government to increase Investor Program Financial Requirements

Last year, only 30 minutes after it began, the federal government’s investor program reached its quota of 700 applicants. Now Canadian Citizenship and Immigration Minister Jason Kenney wants to increase the amount immigration applicants need to invest to become permanent residents of Canada. As reported in the National Post, Mr. Kenney said: “I’ve always said that I believe Canada has […]

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