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Report: What Canada Can Do For Investor Immigrants

Blog posted on by Evelyn Ackah in Business Immigration to Canada and Investors

Report: What Canada Can Do For Investor Immigrants

The Canadian government announced in October 2015 that Canada wants entrepreneurs. Canada’s Start-Up Visa is the first of its kind in the world, linking immigrant entrepreneurs with experienced private sector organizations that have expertise in working with start-ups. Business and entrepreneur immigrants can help support Canada's economic growth, according to a May 2017 report from The Conference Board of Canada: Entrepreneur and Investor Immigration: Creating Jobs and Growth, discussed at the Conference Board of Canada's 3rd annual Canadian Immigration Summit in Ottawa on May 9-10, 2017, with the goal to help strengthen business immigration's role in spurring Canada's economic development.

Report author Kareem El-Assal believes one of Canada’s greatest global competitive advantages is its openness to newcomers:

  • Canada needs immigrants
  • Canada has 40 years of business immigration experience
  • Business immigrants want to come to Canada

Highlights of the report include:

  • Entrepreneur and investor immigration can support Canada's economic development priorities, including building infrastructure, driving innovation, and attracting foreign direct investment and talent.
  • Enhancing matchmaking opportunities could help draw a greater number of highly talented entrepreneurs to Canada to launch innovative and globally-competitive businesses. It could also improve efforts to succeed retiring Canadian business owners.
  • A new federal immigrant investor program could draw more foreign capital to Canada but it would require strict monitoring and enforcement to ensure it benefits the economy and is supported by the Canadian public.
  • Providing entrepreneurs and investors with more supports could help them become more successful business persons in Canada.

According to Craig Alexander, Senior Vice-President and Chief Economist, "as other countries are becoming less welcoming to newcomers, Canada can position itself to reap greater economic benefits from entrepreneur and investor immigration in the future by opening its doors to more foreign talent."

"Immigrant investor programs can raise capital for under-funded areas such as infrastructure, affordable housing, and venture capital," reports Forbes.


Evelyn L. Ackah, BA, LL.B.

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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It is hard enough in the normal course of business to obtain permanent resident status in Canada. Imagine the difficulty in gaining that status with a 36 year old developmentally disabled daughter. That was our experience. My husband had been recruited for the C.E.O. position at the Calgary Public Library. Even the process to obtain temporary work permits for all three of our family members took some time and effort. The Ackah Firm was with us every step of the way. They gave us good advice, managed the paperwork and kept my husband’s employer informed. They were also proactive by insisting that we get on with the process of permanent residency in a timely fashion. Again their experience and knowledge paid off. They utilized other legal expertise to make a case that our daughter would not be a burden to the Country or the Province. They were respectful of our point of view that despite her disabilities she had always been an active and engaged member of the community. We were pleased that permanent residence for parents and child came through fully six months before the temporary status expired.

– Margaret and Bill Ptacek

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