Canada always strives to develop international business partnerships and welcomes business professionals to settle and start successful commercial operations here. This brings new opportunities for Canadians by establishing new businesses and creating jobs, as well as forging new export and import ties internationally.
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Globalization of the world’s economy makes it essential to build and strengthen international commercial ties to stay on top of international economic trends. With favourable legislation, and a clear and easy-to-comply-with taxation system, Canada attracts business-minded individuals from all over the world to settle and invest in our economy.
The need for building businesses and developing new economic ties has been recognized by the government, and as a result, the Business Immigration Program has been enjoying special focus and attention from the IRCC, with the aim of facilitating the process. The Business Immigration Program exists both as a federal immigration program and Provincial Nominee program (link over to OINP business section), depending on where the interested party is planning to settle and operate.
The full amount of the investment will be returned to you in full without interest, within the 5-year term. The funds will be used for 5 years by the IRCC to develop the local economy and create jobs both on the provincial and federal level.
The self-employed labour sector is a rapidly growing segment of the Canadian labour market. It becomes increasingly popular as it offers a certain flexibility and contract opportunities with multiple business partners and employers allowing the self-employed workforce to control income and work time.
The IRCC recognizes the importance of the self-employed workforce for the labour market in Canada. To be able to qualify as a self-employed person, the candidate will have to demonstrate relevant skills, as well as the ability to support themselves and their dependents with their self-employed income (farmer, athlete, artisan, graphic designer, IT specialist).