Immigration, Refugees and Citizenship Canada (IRCC) is still receiving proposals for new Investor streams, which aim to provide immediate economic benefit to Canada. However, according to the last issue of Lexbase, these plans all fall short of addressing the risks that are always involved with investor initiatives. Based on Canada’s prior experience with investor immigration programs and the present program integrity difficulties still faced by IRCC, the Department of Immigration decided that investing in permanent residency programs at this time is not a good idea. Investors may use existing and developing channels to enter Canada, such as the Federal Start-Up Visa program or provincial initiatives for entrepreneurs.
