October 30, 2015 – the Province of Ontario announced today
that it will launch two new programs as part of its Ontario
Immigrant Nominee Program (OINP): The Corporate Stream and the
Entrepreneur Stream. The new programs, to be launched later this
fall, replace the Ontario Investor Component program.
As of October 29, 2015, no new applications to the Ontario
Investor Component program will be accepted. All applications
received on, or before, October 29, 2015 will be processed under
the criteria as it existed on the date the application was
The Entrepreneur Stream
The Entrepreneur Stream is designed to support foreign nationals
who are looking to implement new business initiatives or buy
existing businesses in Ontario. The program offers entrepreneurs
the opportunity to be nominated for permanent residence once they
have established their business in Ontario.
In order to be eligible, entrepreneurs must:
Make a minimum investment of $500,000 CDN
Have a minimum net worth of $800,000 CDN
Meet minimum program requirements, including language, within
two years, prior to being nominated
The Corporate Stream
The Corporate Stream is designed to support established
international corporations seeking to expand into Ontario, or to
buy existing Ontario businesses. Key international staff are
eligible to apply for a nomination leading to permanent
In order to be eligible, an international corporate must:
Invest a minimum of $5,000,000 CDN in a new or existing
Currently employ key staff seeking nominations, and these key
staff must be essential to the business operation in Ontario
Create five full-time permanent positions for Canadian citizens
or permanent residents for each nominee position being sought
Key staff will have two years to demonstrate minimum language
requirement prior to being nominated.
No launch date has been announced for these programs, and other
program criteria will likely apply. Green and Spiegel will continue
to track these exciting program developments.
If you have any questions about provincial nominee programs or
would like assistance in making an application, please
contact Green and Spiegel.
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guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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September 21st, 2016 - Immigration authorities conducted the 20th round of invitations under Express Entry in 2016 and 43rd overall, inviting 1288 applicants for permanent residence with a lowest CRS score of 483.
Canada received more than 320,000 immigrants in the last 12 months, approaching levels not seen since the early 20th century. The per capital immigration rate at .88%, is consistent with previous Liberal government policies.
October 12th, 2016 - Immigration authorities conducted the 21st round of invitations under Express Entry in 2016 and 44th overall, inviting 1518 applicants for permanent residence with a lowest CRS score of 484.
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