Provincial business program

The Ontario Entrepreneur stream
The Ontario Entrepreneur stream is one of the business streams available via the Ontario Immigrant Nominee Program (OINP), a Provincial Nominee Program (PNP) administered by the government of Ontario. This stream is intended for experienced business owners or senior business executives interested in relocating to Ontario. Successful candidates must establish a new firm or acquire an existing one in which they will assume day-to-day management responsibilities.

Candidates that are eligible are granted a score and rated using a proprietary OINP Entrepreneur Stream point system. The method awards up to 200 points and divides them into three basic categories: human capital considerations (up to 80 points), investment factors (up to 46 points), and business idea (up to 76 points).

Investment Necessity

This stream requires the applicant to have a substantial net worth and investment. The precise price varies according on the proposed business's location and type:

• Within the Metropolitan Toronto Area (GTA) If the planned firm is located in the Greater Toronto Area (GTA), the applicant must have at least $800,000 CAD in net worth. Additionally, the applicant must make a personal investment of at least $600,000 Canadian dollars and own at least one-third of the business's stock.
• Outside the Greater Toronto Area (GTA) If the planned business is situated outside the GTA, the applicant must have a minimum net worth of $400,000 CAD, invest at least $200,000 CAD, and own at least one-third of the business's ownership.
• If the planned firm is in the Information and Communications Technology (ICT)/Digital Communications sector, the applicant must have a net worth of at least $400,000 CAD and a minimum investment of $200,000 CAD.

Investing in a Pre-Existing Business:

All of the conditions specified above in the section under "New Business";
• The current business must have been operated continuously for the preceding five months by the same owner or group of owners;
• The acquisition must totally transfer ownership from the former owner(s) to you, your Business Partner (if applicable), and/or your third party investor(s), if applicable.
• The proposed business must have been owned or run previously by current or past OINP business stream candidates.
• You must retain all existing full-time permanent employment and create two (2) more full-time permanent jobs that pay at least the median wage for the occupations. You must retain the present compensation levels and employment conditions of existing employees;
• Your recommended business plan must illustrate your intention to expand the enterprise. The Entrepreneur Stream does not accept buy and keep company strategies with no intention of growing the firm; and
• Make a 12-month exploratory visit to Ontario prior to completing an application.

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British Columbia
The BC Entrepreneur Program enables qualified people and families to relocate to British Columbia and establish their own small company. The programme is administered by the British Columbia Provincial Nominee Program (BCPNP) and is best suited for experienced company owners and managers who possess the financial means and skills necessary to establish or expand a Canadian firm.

British Columbia Entrepreneur Immigration – Regional Pilot
The Entrepreneur Regional Pilot Program's objective is to recruit motivated and experienced entrepreneurs to establish businesses in smaller towns around British Columbia, therefore contributing to their unique labour requirements.
It began as a two-year experiment in 2019, but has subsequently been extended until 2024.

Candidate Eligibility Requirements
• A minimum net worth of $300,000
• A minimum investment of $100,000 in a qualifying business.
• At least 51% ownership in the new firm.
• Level 4 of the Canadian Language Benchmark Each of the four competencies: hearing, speaking, reading, and writing, in English or French.
• At least one new full-time position for a Canadian citizen or permanent resident must be created.
• Conduct an exploratory visit to the community in question

Community Eligibility Requirements

• A town with a population of less than 75,000 people.
• Located more than 30 kilometres from a municipality with a population of more than 75,000 inhabitants.
• Demonstrate capacity to assist entrepreneurs through an established network of settlement and business assistance organisations.
The Strategic Projects category of the BC Provincial Nominee Program's (BC PNP) Entrepreneur Immigration stream is intended for foreign corporations that have identified strategic investment opportunities in British Columbia for the purpose of establishing operations critical to the growth and expansion of their core business.

British Columbia Entrepreneur Immigration – Strategic Projects
This category permits international firms to relocate essential personnel with company knowledge and skills to British Columbia on a permanent basis. The foreign company may apply to the provincial government for provincial nomination in order to support the permanent residency of up to five existing top workers. These workers will be responsible for the active management of the British Columbia enterprise.

Company Eligibility Requirements
• Contribute a minimum of $500,000 in equity.
• At least three new employment for Canadian citizens or permanent residents are required for each proposed foreign senior staff member (to a maximum of five key staff).
• Establish or acquire and develop a business in British Columbia.

Which business categories are ineligible•
Under the BC PNP, the following categories of enterprises are ineligible:
• tanning salons pawnbrokers
• DVD rental establishments
• laundries that function on a coin-operated basis
• vehicle wash procedures that are automated
• recycling scrap metal
• firms that deal in used products (excluding businesses that provide value-added services such as repairs, refurbishing or recycling)
• companies engaged in the development/brokerage of real estate, insurance, or business brokerage that are engaged in the production, distribution, or sale of pornography or sexually explicit products or services, or in the provision of sexually oriented services.
• any other company that, by connection, tends to bring the BC PNP or the British Columbia government into discredit

New Brunswick Business Immigration Stream

This category of the New Brunswick Provincial Nominee Program (NBPNP) is designed for qualified foreign entrepreneurs interested in owning and actively managing a firm that contributes to the province's economy.
This stream serves as a mechanism for submitting Expressions of Interest (EOIs). The procedure begins with the submission of an expression of interest to the New Brunswick Department of Post Secondary Education, Training, and Labor.
After reviewing and assessing an application against the eligibility standards, an applicant is awarded a score based on a variety of variables.
The top-ranked candidates are asked to apply for provincial nominations through the NBPNP.

Individuals must meet the following requirements to be eligible for the New Brunswick Business Stream:

• Be between the ages of 21 and 59;
• After high school, get a minimum of a two-year post-secondary education;
• Possess a minimum Canadian Language Benchmark (CLB) 5 proficiency in either English or French;
• Demonstrate a desire to live and work in New Brunswick;
• The candidate must accept daily managerial responsibilities inside the firm.
• Provide a business plan, certified by a government representative in New Brunswick, outlining how the business would benefit the province;
• Possess a personal net worth of at least $600,000 Canadian dollars, $300,000 of which must be free of debts or other liabilities;
• At least three out of every five years of experience managing and operating a firm (at least 33.3 percent), or at least five years in a senior business management function, and responsibility for overseeing at least two workers;
• Desire to reside in New Brunswick permanently while owning and managing a local business;
• Demonstrate a company concept with the potential to provide considerable economic value for the province; and
• Earn a minimum of 65 points on New Brunswick's one-of-a-kind selection grid.



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