1) New regulations are implemented for SUVs in the federal venture capital immigration program
2) Suspension of federal self-employed immigration
3) Provincial nominee co-administration in Saskatchewan
1. New regulations are implemented for SUVs in federal venture capital immigration projects
Immigration Canada will implement new rules for the federal Start-up visa program from April 30, IRCC will encourage designated venture capital firms, angel investment groups and business incubators to focus on the most promising proposals, and the number of such immigration applications accepted by IRCC each year will be further reduced.
Specific reforms include:
1. Limit the number of permanent residency applications, and the Department of Immigration will process no more than 10 start-ups per designated organization per year;
2. Priority will be given to start-ups supported by Canadian Capital or Canadian Technology Network member business incubators, including already submitted applications and newly submitted applications.
In order to be eligible to apply for the SUV program, a foreign entrepreneur must be supported by a commitment from a designated venture capital fund ($200,000 investment), an angel investment group ($75,000 investment), or a business incubator (accepting their incubation program). All immigration applications in the Venture Capital and Angel Investor subcategories will be prioritized, as will any applications supported by business incubators with an investment of at least $75,000.
2. Suspend federal self-employed immigration
Immigration Canada also announced a complete suspension of applications from the federal self-employed from April 30, 2024, focusing on processing inventory applications. Federal self-employed immigrants are a way to provide Canadian permanent residence status to people with extensive experience in the arts, culture, recreation, or athletics. Due to the high number of applications submitted for the project, the processing time has been extended to more than four years, so during the suspension period, IRCC will continue to complete the backlog of applications while also making evaluation reforms for the project.
Immigration Canada said it is suspending federal self-employed immigration applications until the end of 2026. IRCC will be able to reduce backlogs and shorten wait times while continuing to welcome the talented, innovative and entrepreneurial newcomers that Canada needs to drive economic growth.
Both SUV projects and federal self-employment fall under the "Federal Business" category. "Expedited processing of applications is critical to the success of entrepreneurs coming to Canada through the Federal Business Plan," said the Minister of Immigration. These necessary new regulations will result in faster processing times, and we look forward to further reforms to make these programs more sustainable and effective in the long run. ”
3. Provincial nominee change in Saskatchewan
Recently, the Canadian province of Saskatchewan has changed its government again, this time targeting the most extensive employer-sponsored "Job Offer Categories" skilled immigration program - not only excluding the sponsorship qualifications of three types of companies, but also making strict restrictions on the application qualifications of more than a dozen other types of occupations.
According to information published by Saskatchewan, there are 3 types of companies that are no longer eligible for a Job Approval Letter (JAL) through the SINP, i.e. they can no longer sponsor employees for immigration:
● Places of worship or religious organizations;
● Licensed recruiters or immigration consultants;
● Massage service companies.
In addition, Saskatchewan has listed more than a dozen occupations that no longer meet the requirements for a Provincial Nominee Employer Sponsorship application – or can only be granted a job approval letter from an employer to enter the SINP route if additional conditions are met.
1. Determine the positions that are no longer met
● 41302 Religious leaders;
● 42204 Religious workers;
● 41402 Business Development Officers and Market Researchers, Analysts;
● 33109 Other ancillary occupations supporting health services.
2. Occupations that can be applied for if they meet the additional conditions
(1) Additional conditions: hold a valid work visa (valid LMIA work permit, Canada-Ukraine emergency travel authorization CUAET work permit, PGWP for limited related industries), and currently work in Saskatchewan;
● 10022 Advertising, Marketing and Public Relations Manager;
● 11202 Advertising, Marketing, and Public Relations Professionals;
● 12200 Accounting Technicians and Bookkeepers;
● 32200 TCM/Acupuncturist;
● 32201 Massage therapists, including massage service practitioners;
● 32209 Other Naturopathic Practitioners.
(2) For some of the following occupations, in addition to a valid LMIA work permit/CUAET work permit/PGWP work permit in a restricted related industry, and currently working in Saskatchewan, a license issued by the Saskatchewan Apprenticeship and Trade Accreditation Council (SATCC) is required.
● 63210 Hairstylists and barbers;
● 63211 Estheticians, electrotherapists and related occupations.
(3) For some of the following occupations, in addition to holding a valid LMIA work permit/CUAET work permit/PGWP work permit for a limited related industry, it is also necessary to be employed by a government unit or financial institution at all levels and be working in Saskatchewan.
● 43200 Sheriffs and bailiffs;
● 43201 Correctional Services Officers;
● 43202 Law Enforcement and Other Regulatory Personnel.
The content of the reference is from the Internet, if there is any infringement, please contact the editor to delete.
Statement: Any content published on this number that does not indicate the words "original" and other words is reprinted from the Internet in good faith, and the copyright belongs to the original author. Welcome to follow, like, comment, favorite, and forward