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Immigrant Entrepreneurs Can Help Canada Expand International Trade to Strengthen Its Economy

Blog posted on by Evelyn Ackah in Business Immigration to Canada, Entrepreneurs, Permanent Residence and Start-Up Visa Program

Immigrant Entrepreneurs Can Help Canada Expand International Trade to Strengthen Its Economy

Better government support for immigrant entrepreneurs could benefit Canada’s efforts to diversify international trade and strengthen its economy, according to a new report by the Conference Board of Canada. Immigrant entrepreneurs are ideal to help advance Canada’s international trade agenda due to their:

  • foreign language skills
  • engagement in knowledge-based industries
  • predisposition to export beyond Canada’s traditional markets

When it comes to firm size, business survival rates, and export revenues, immigrant entrepreneurs underperform compared with their Canadian-born counterparts.

- Conference Board of Canada

“If the latest figures are used, a 10 per cent increase in Canada’s immigrant population of 7.5 million people would correspond to an increase in merchandise exports by $5.5 billion,” according to the report, suggesting a 10% increase in Canada's immigration population results in a 1% increase in exports.

In order to improve the success rate for immigrant entrepreneurs, the Conference Board recommends:

  1. Strengthen their networks
  2. Raise awareness of domestic and international business supports
  3. Create dedicated settlement support programs
  4. Improving access to financing to enhance immigrant entrepreneurs’ success and role in boosting Canada’s international trade

Canada has been actively recruiting immigrant entrepreneurs. Canada's Startup Visa Program is the first of its kind in the world and links innovative immigrant entrepreneurs with Canadian experienced private sector organizations that have expertise in working with start-ups. Calgary immigration lawyer Evelyn Ackah explains,

The Start-up Visa Program focuses on entrepreneurs who want to immigrate to Canada and who can build businesses and create jobs for Canadians and Permanent Residents and help build a stronger Canada.


Evelyn Ackah

Founder/Managing Lawyer

Ms. Ackah is passionate about immigration law because it focuses on people and relationships, which are at the core of her personal values. Starting her legal career as a corporate/commercial ...

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My brother suggested Ackah Business Immigration Law. He just raved about Evelyn Ackah and told me that she would definitely take care of me. At first I thought the fees were a little steep because I have heard of other people paying a fraction of the fee quote I received. However, I do know that you get what you pay for. Ultimately, I am so happy that Ackah Business Immigration Law took me on as a client and supported me through the LMIA process. Evelyn Ackah’s team was absolutely amazing to work with! They were very responsive. They responded to all of my emails quickly – even on weekends! . Evelyn called me right away to talk through the issues with me. Words really just can’t describe the level of service I received from this firm. I have worked with many different lawyers and professionals before and I can definitely say that Evelyn Ackah and her team provide exceptional service. They are worth every penny! Thank you again Ackah Business Immigration Law for all of your hard work!

– Andrea Sy

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