Category Archives: PNP investor program

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

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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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Court Forces Canadian Province to Reveal Names of Companies Involved in Immigrant Investor Program

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A Provincial Crown Corporation responsible for managing Prince Edward Island’s (PEI) Provincial Nominee Program (PNP) was ordered by a court this month to release a list of 1,423 businesses that were approved to receive funding from immigrant investors. The Crown Corporation, Island Investment Development Inc (IIDI), was initially successful in blocking requests under the Freedom of Information and Protection of […]

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