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ARTICLE · 03 JULY 2023

Improvement Of The Start-Up Visa Program Within The New Canadian Tech Talent Strategy 2023

In a special announcement at the Collision Conference in Toronto on 27 June 2023, Immigration Minister Sean Fraser announced a new strategy to attract digital talent to Canada.

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In a special announcement at the Collision Conference in Toronto on 27 June 2023, Immigration Minister Sean Fraser announced a new strategy to attract digital talent to Canada. The strategy includes four key pillars involving additions and improvements to the programs offered by Immigration, Refugees and Citizenship Canada (IRCC). One of the new measures is to significantly improve the existing Start-Up Visa Program to attract foreign entrepreneurs to come to Canada.

This article will discuss the key changes to the Start-Up Visa Program.

1. More quotas are allocated to the Start-Up Visa Program.

The Canadian government will allocate more spots to the Start-Up Visa Program for 2023, with further increases planned for 2024 and 2025. The government explicitly stated that it aims to process and accept more applications to help reduce the application inventory. The expansion not only reduces the backlog of applications but also enhances the chances of success for aspiring start-up

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