Canada’s Quebec province has placed a limit on the number of applications accepted under its business immigration programs that include:
- Quebec Entrepreneur Program
- Quebec Self-Employed Program
Ministerial orders to this effect have been introduced following an announcement from the MIFI.
Quebec has also extended the currently applied criteria for issuing ITAs to candidates of the Quebec Skilled Worker Program via the Arrima Expression of Interest System. The application process for Quebec’s Refugee Sponsorship Program has also been changed.
Quebec Entrepreneur Program
Under the first stream of the Program, Quebec will accept 25 applications from November 1, 2020, to September 30, 2021. This stream is meant for immigrants arriving in Quebec to set up a business with support from a business incubator, a business accelerator, and a university Entrepreneurship center.
Applications for the second stream of this program are currently suspended for a year to conduct its review and improvement. This stream caters to those who intend to start a new business or buy an existing one. If it’s a new business, the entrepreneur must control a minimum of 25% of it. If it’s an acquired business, the entrepreneur must control 51% of the business.
Quebec Self-Employed Program
For the Quebec Sel-Employed Program, the province will accept 50 applications from November 1, 2020, to September 30, 2021. The candidates for this program can qualify by meeting the following criteria:
- The entrepreneur must have 2 years’ self-employed experience in the trade or profession he/she is intending to practice in Quebec.
- The entrepreneur must have a personal net worth of $100,000 alone or with a common-law partner or an accompanying spouse.
- The self-employed entrepreneur must register a minimum start-up deposit of $50,000 in case he/she is based in the metropolitan area of Montreal. If the candidate is from outside Montreal, he/she must have a minimum start-up deposit of $25,000.
Quebec Refugee Sponsorship applications
Requests for sponsorship commitment from groups of 2 to 5 individuals will be accepted by Quebec from April 6, 2021, to May 5, 2021. The requests haveto be submitted online. Successful candidates who can migrate to Canada will be selected through a random draw.
MIFI will receive 750 applications in 2021, as per the statement it has released. Applications from organizations are under suspension until November 1, 2021. There’s a administrative and criminal investigation to be conducted to counter certain serious allegations.
If you are looking to Study, Work, Visit, Invest or Migrate to Canada, talk to Y-Axis, the World’s No.1 Immigration & Visa Company.
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Note:
MIFI - Ministry of Immigration, Francization and Integration
ITA – Invitation to Apply