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ARTICLE · 16 DECEMBER 2014

Investor Immigration Program To Be Back In Business!

Miller Thomson
Miller Thomson
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Miller Thomson

Miller Thomson LLP ("Miller Thomson") is a national business law firm with approximately 500...

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The past few years have been tough ones for business persons seeking to access Canada's Business Immigration program.

CanadaImmigration

The past few years have been tough ones for business persons seeking to access Canada's Business Immigration program.  On July 1, 2011 the Entrepreneur category was suspended and on July 1, 2012 so was the Investor program.  On February 11, 2014 the Government of Canada decided to formally terminate both programs.  Approximately 20,000 to 25,000 Investor files in process were cancelled as of February 28, 2014 if they had not reached the initial stage of selection and for those Investors who didn't manage to finalize their PR applications as of June 20, 2014, they were formally terminated.  People who had spent many years "investing" in the Investor immigration program were merely told, "Sorry - you're out!" 

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