April 17, 2019 – Ontario will cut the minimum investment
and net worth thresholds for the
Ontario Immigrant Nominee Program's Entrepreneur Stream and
terminate the Corporate Stream under new plans.
Canada's largest province also plans to cut the business
experience required under the popular
Entrepreneur Stream.
A proposal published on Tuesday April 16, 2019, would see the
following changes to the Entrepreneur Stream net worth
requirements:
- Net worth requirement cut from $1.5
million to $800,000 for businesses located in the Greater Toronto
Area.
- Net worth requirement cut from
$800,000 to $400,000 for businesses located outside the GTA.
- Net worth requirement cut from
$800,000 to $400,000 for technology or digital communications
businesses, regardless of location.
