November 9, 2018 – This editorial written by Attorney Colin Singer, appears in the Lawyer's Daily.
Since the coming into effect of the Cullen Couture Agreement in 1978, the Quebec government has extensive powers in immigration, to administer the admission of foreign nationals to its province.
On April 6, 2016, Quebec's government tabled new legislation: the Quebec Immigration Act. On July 18, 2018, it tabled new regulations: Quebec Immigration Regulation, providing for a significant overhaul of its immigration programs, which are both now in force.
The highlights of the new business immigration rules include:
- Introduction of a new entrepreneur stream for entrepreneurs receiving support from a business accelerator, incubator or university entrepreneurship centre.
- Increase of investor net worth and investment requirements.
- Introduction of startup and security deposits for entrepreneur and self-employed worker programs.
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The content of this article reflects the personal insight of Attorney Colin Singer and needs no disclaimer