Canadian Business Immigration Programs : Comparative table

Canadian Business Immigration Programs at a Glance

Canadian provincial governments, as well as the federal government, promote business immigration through investment and entrepreneurship.

  • Expression of Interest = EOI (this denotes a system whereby eligible candidates formally express their interest in the program but must be invited before submitting an application)
  • Permanent Residence = PR

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Program Minimum Net Worth Minimum Investment Experience EOI System Managerial Role Business Plan Exploratory Visit PR/Work permit Additional Requirements
 Quebec Immigrant Investor ProgramIndividuals who can demonstrate an advanced intermediate level of French are exempt from the quota.  $1,600,000  $800,000 guaranteed investment with Investment Quebec (IQ)  Management experience in 2 of the past 5 years which involves the control of financial resources and material or human resources  No  None  None  Recommended  PR after first obtaining Quebec Selection Certificate (CSQ)  Medical examination and background check
 Quebec Entrepreneur – Capped out (individuals who can demonstrate an advanced intermediate level of French may continue to apply)  $300,000  At least 25% of the capital equity of the business with a minimum value of $100,000  At least 2 years of business management experience in the past 5 years and controlled at least 25% of the capital equity

Experience must have been acquired in a lawful or profitable business (agricultural, industrial, or

 No  Required  Required  Not required  PR after first obtaining Quebec Selection Certificate (CSQ)  Create/acquire an agricultural, commercial or industrial business established in Québec
 Quebec Self-Employed Worker Program – Capped out  $100,000  Not required  2 years of self-employed experience in the profession or trade the applicant intends to practice in Quebec  No  Required  None  Recommended  PR after first obtaining Quebec Selection Certificate (CSQ)  Find out if a preliminary evaluation of qualifications or licensing is required from the appropriate regulatory body
 Start-Up Visa Program  None  $200,000 if the investment comes from a designated Canadian venture capital fund or designated incubators
OR
$75,000 if it comes from a designated Canadian angel investor group
 No specific requirement  No  Required  None  Not required  PR immediately
Have the support of a designated organization thatwill provide the applicant with a Letter of Support
 Self-Employed Persons Federal Program  None  Not required  At least 2 years of relevant cultural, athletic, or farm ownership and management experience in the past 5 years  No  Required  None  Not required  PR immediately  English/French ability

Work in one of designated occupations

 Alberta Self-Employed Farmer Stream  $500,000  $500,000 in a primary production farming business  Farm management experience in an existing farm business  No  Required  Required  Recommended  PR after obtaining nomination certificate  Canadian financial institution must finance the Alberta farming venture
 British Columbia Provincial Nominee Program (BC PNP) – Entrepreneur Stream  $600,000  $200,000
OR
$400,000 if proposing a Key Staff Member
 3 years of business ownership &management experience
OR
4 years of senior management experience
OR
1 year of business ownership &management experience and 2 years of senior management experience
 Yes (province publishes info on previous draws) Required Required  Recommended  2-year work permit following nomination; PR contingent on implementation of business proposal  Create at least one permanent, full-time job for a Canadian or permanent resident
 Manitoba Provincial Nominee Program for Business (MPNP-B)  $350,000  $150,000 tangible assets
AND
Control at least 1/3 of equity (if investing in an existing business)
OR
$1,000,000 equity investment (if investing in an existing business)
 Business ownership and management experience or executive-level experience in 3 of the past 5 years, in a successful business  Yes (province does not publish info on previous draws, but may do so in the future)  Required  Submission of Summary of Business Intent required  Recommended  PR after obtaining nomination certificate Score 60+ points on assessment grid

$100k refundable deposit

New Brunswick Provincial Nominee Program (NBPNP) – Business Applicants (suspended)  $300,000  $125,000  Management experience in 3 of the past 5 years required  No (program suspended)  Required  Required, must be of economic benefit to the province  Required  PR after obtaining nomination certificate  Score at least 50 points on the selection grid

22-55 years old

Ability in English or French

$75k refundable deposit

 Nova Scotia Nominee Program (NSNP) – Entrepreneur Stream  $600,000  $150,000  At least 3 years of business ownership experience including 33.3% ownership in the last 10 years
OR
+5 years as senior manager in the last 10 years
 Yes (province publishes info on previous draws)  Required  Required  Required for business succession only  Must operate business for at least 1 year on work permit following nomination; PR contingent on meeting program requirements  Submit an Expression of Interest (EOI)

The business must meet additional criteria

English/French minimum CLB 5

 Nova Scotia Nominee Program (NSNP) – International Graduate Entrepreneur Stream  N/A  100% ownership of the equity of the eligible business  At least 1 continuous year of business ownership experience in Nova Scotia

Completed a degree of at least 2 years’ duration at a university/college in Nova Scotia

 Yes (province may publish info on draws after future draws are made; EOI must be submitted while on valid work permit)  Required  None  Required  PR after obtaining nomination certificate  The business must meet additional criteria

English/French minimum CLB 5

 Northwest Territories Nominee Program (NTNP) – Entrepreneur Business  For businesses in Yellowknife: $500,000
OR
For businesses outside Yellowknife: $250,000
 In Yellowknife: $300,000 & at least 33.3% ownership
OR
Outside Yellowknife: $150,000 & at least 33.3% ownership
OR
$1,000,000 investment
 Relevant business experience required  No  Required  Required  Required  2-year work permit following nomination; PR contingent on meeting program requirements  Priority business projects: those involving a product new to the NWT or a project that would generate significant benefits

$75k refundable deposit

 Ontario Immigrant Nominee Program (OINP) – Corporate Stream  None  $5,000,000
OR
$10,000,000 if the proposed business is a land development or a leasehold company
 The international corporation must have been established for at least 36 months at the time of application  No  Required  Required  Encouraged  Applicant & key staff first obtain work permits; PR contingent on meeting program requirements  Create 5 new jobs for Canadians or permanent residents per key staff member seeking nomination
 Ontario Immigrant Nominee Program (OINP) – Entrepreneur Stream  For businesses in the Greater Toronto Area (GTA): $1,500,000
OR
For businesses outside the GTA: $800,000
OR
For businessesin the ICT/Digital Communications sector (regardless of location): $800,000
 In the GTA: $1,000,000 and ownership of 33.3% of the business
OR
Outside the GTA: $500,000 and ownership of 33.3% of the business
OR
In the ICT/Digital Communications sector: $500,000 and ownership of 33.3% of the business
 At least 36 months of full-time business experience in the last 60 months as business owner or senior manager  Yes (province publishes info on previous draws)  Required  Required  Required for business succession only  Temporary work permit; PR contingent on meeting program requirements  Sign a Performance Agreement with Ontario

English/French minimum CLB 5

Create 2 permanent, full-time jobs for Canadians or permanent residents

 Prince Edward Island Provincial Nominee Program (PEI-PNP) – 100% Ownership  $600,000  $150,000  Management experience required  No  Required  Required, must fall within an eligible sector of business set out by the provincial govt  Required  PR after obtaining nomination certificate  Submit a purchase and sale agreement, if purchasing an eligible PEI business

IELTS minimum score of 4.0

21-59 years old

Score 50+ points on assessment grid

$200k refundable deposit

 Prince Edward Island Provincial Nominee Program (PEI-PNP) – Partial Ownership  $600,000  $150,000 and at least 1/3 ownership
OR
$1,000,000 investment
 Management experience required  No  Required  Required, must fall within an eligible sector of business set out by the provincial govt  Required  PR after obtaining nomination certificate  Submit an investment agreement

IELTS minimum score of 4.0

21-59 years old

Score 50+ points on assessment grid

$200k refundable deposit

 Saskatchewan Immigrant Nominee Program (SINP) – Entrepreneur Category  $500,000  $300,000 in Regina or Saskatoon and at least 33.3% ownership
OR
$200,000 in any other Saskatchewan community and at least 33.3% ownership
OR
$1,000,000 investment
 3+ years experience as an entrepreneur or managing a business in the past 10 years  Yes (province publishes info on previous draws)  Required  Required  Required for business succession, joint ventures, and regional business opportunities  2-year work permit following nomination; PR contingent on meeting program requirements  Sign a Performance Agreement

Create 2+ employment opportunities in SK (if it’s a new business)

 Saskatchewan Immigrant Nominee Program (SINP) – Farm Owner/Operator Category  $500,000  $150,000  Farming operation ownership experience using agricultural practices similar to those used in Saskatchewan-based farming  No  Required  Farm Establishment Plan (FEP) required  Required  PR after obtaining nomination certificate  Submit a Farm Establishment Plan

Sign a Performance Agreement

 Yukon Business Nominee Program (YBNP)   $500,000 (including $300,000 in liquid assets)  $300,000 and at least 1/3 ownership with a Canadian citizen or permanent resident partner  Minimum of 3 years entrepreneurial/business management experience & minimum of 5 years relevant work experience  Yes (however, there is no points-based ranking system; the govt allows candidates to remain in the pool for up to 6 months)  Required  Required  Recommended, applicants are awarded points for past visits  2-year work permit following nomination; PR contingent on meeting program requirements  Business must be in a strategic sector, as identified by the territory

Must score 65+ points on assessment grid