x
(403) 452-9515

Ackah Law

Search Ackah Law...

Contact us

Contact Information

1 (403) 452-9515

1 (800) 932-1190

Book a Consultation

More Options...

Economic Immigration

Canada is experiencing an aging workforce and declining birthrate. Canada has put into place programs to increase economic immigration in order to improve Canada's economy, create new jobs and increase global competitiveness. The Canadian government announced in October 2015 that Canada wants entrepreneurs and new immigration goals and programs provide immigration opportunities for skilled and educated foreigners who want to move to Canada. Canada's business and economic immigration programs require planning and applicants must be able to prove eligibility guideline qualifications for each program.

What Is Economic Immigration?

Economic immigrants are people who move to Canada for career opportunities and want to live and work in Canada to improve their living standards. Canada has put into place programs to increase economic immigration in order to improve Canada's economy due to the aging workforce. Economic immigrants are admitted to Canada based on their education, skills and work experience.

Canada Economic Immigration Programs

  • Canada’s Start-Up Visa targets immigrant entrepreneurs with the skills and potential to build businesses in Canada that are innovative, can create jobs for Canadians and can compete on a global scale.
  • Express Entry manages applications for three economic immigration programs:
    • Federal Skilled Worker Program
    • Federal Skilled Trades Program
    • Canadian Experience Class
  • The Self-Employed Persons Program allows people to immigrate to Canada permanently as a self-employed person.
  • The Global Talent Stream fast-tracks visa for skilled immigrants.
  • Ontario launched an ad campaign targeting Silicon Valley in 2017.
  • MaRS is a public-private partnership between Canadian tech companies and the Ontario government to create a physical space where made-in-Canada tech ventures can thrive and to attract highly-skilled immigrants.
  • Canada is developing tech entrepreneurs on the Toronto-Waterloo Corridor and in Vancouver.
  • In July 2018 Quebec introduced new economic immigration rules including:
    • A new entrepreneur stream for entrepreneurs receiving support from a business accelerator, incubator or university entrepreneurship centre.
    • An increase of investor net worth and investment requirements.
    • Introduction of startup and security deposits for entrepreneur and self-employed worker programs.

Contact us today at (403) 452-9515 Ext. 100 or 1-800-932-1190 or email us directly.

2020 Immigration Year In Review

Here are some of the key changes and news about Canada and United States immigration during 2020 from the Ackah Business Immigration Law blog: 1. COVID Immigration News and Temporary ...

Read More

Waived Fees, Expedited Work Permits and Study Permits Encourage Hong Kong Residents To Move To Canada

Canada announced new programs to make it easier and faster for Hong Kong residents to live and work in Canada. Canada reaffirmed its commitment to immigration as a key factor in the ...

Read More

Canada 2020 Immigration Goal Still 341,000 Despite COVID

Canada's 2020-2022 Immigration Levels Plan to "continue growing the economy and creating middle class jobs through responsible increases in newcomers" will remain at welcoming ...

Read More

Canada to Welcome Over 1 Million Immigrants 2020 - 2022

Canada announced a 3-year immigration goal of over 1 million immigrants from 2020 - 2022 in March. The government's 2020-2022 Immigration Levels Plan announced their goals to "continue ...

Read More

March is Immigration Fraud Prevention Month

March is Fraud Prevention Month in Canada. Immigration, Refugees and Citizenship Canada (IRCC) works to raise awareness about the different types of immigration fraud, how to recognize ...

Read More

Investor Path to Becoming a Canadian Expat

In a recent interview about #Megxit and Prince Harry and Meghan Markle, immigration lawyer Evelyn Ackah was asked by Huffington Post Canada about their residency options for moving ...

Read More

Featured Resource

Calculate Your Express Entry Score

Are you qualified to move to Canada? Try our free Express Entry Calculator Express Entry is Canada's skilled-worker immigration application process for high-skilled foreign workers ...

View Resource

Thanks to you and your team for all your work! We very much appreciate it.

– Kathleen Seidou

View All Testimonials