Ontario to accept 100 entrepreneurial immigrants after each invests $200,000 in local companies

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Ontario’s new initiative to accept 100 immigrants after each invests $200,000 in local companies will cost the government $6 million, but it will be recovered through fees paid by immigrants

Ontario is planning to accept 100 immigrants in the next two years under a program allowing foreign entrepreneurs to apply for immigration to the province after they invest a minimum of $200,000 in its economy.

He says these entrepreneurs will be nominated for immigration under the province’s economic immigration program after they start a new business or purchase an existing one in Ontario. He says the province is expecting at a minimum $20 million in business investment generated through this immigration stream.

 

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That should fix Ontario. 🥴

Local companies? Not Canadian companies… Will they be paying in cash?

$200,000 doesn’t get squat. It’s essentially a $200k insurance passport

Remember how the Entrepreneurial Skill we kept hearing about boiled down to the ability to buy up property?

Oh yes because this worked out so well when Quebec was running their money for passport scheme! What a clown show. B.C. is littered with failed businesses bought under one or another of these stupid schemes. And $200,000? Get real, it’s 2021 you fools. 2 million at minimum.

Flipping houses “entrepreneurial”. What a joke this program is

Lol. Constitutional rights are granted freely at the nominal cost of 200K. Inflation hedged.

Only 200,000?

The Immigrant Investment Program was shut down for a reason lol

We have come to this now? World full of surprises, sorry Ontario.

this didn't work last time...but sure try it again

Rich people who come here think they are entitled, have no loyalty, and try to change us. We are built on poor immigrants and refugees desperate to come here for the chance of a better life for their children. They build Canada, they are thankful to be here and their pride shows

Buy your way in

'Going out of business sale' for Canadian passports. What a scam

Yes first kill all our small business and invite immigrants to invest. Let me guess where you are finding these immigrants!

So we are taking bribes now? 🤦

So their home country produces a whole bunch of wealth for them then they leave with it and dump it into Canada. Sounds like colonialism with extra steps.

It’s called a ‘Head Tax’, similar to the one on Chinese immigrants in 1885.

Good!

$200,000 each in druggie fraud's pocket. There is no bottom is there?

You can immigrate but only if you can afford $200k?

Good it’s about time

sounds like Dougie is bribing them

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