Canada attracts entrepreneurs and innovators from around the world. The Federal and Provincial Governments support entrepreneurs and investors all across Canada. As an advantage to potential candidates, Canada offers one of the best places in the world to start and build a business:
Strong Economic Growth: According to Forbes magazine, Canada ranks as the best country in the G-20 to do business with. Canada has the strongest fiscal position in the G-7 and among the best fiscal prospects in the G-20.
Taxation and Business Costs: Canada offers low-cost/low-tax incentives so your business can be successful. As a comparison, Canada taxation as an overall is less than other G-7 countries when investing in Canada. KPMG ranks Canada as the most tax competitive country in the G-7.
Research & Development (R&D): Canada offers many incentives such as a winning environment for the Research and Development communities including world-best infrastructure and incentives in innovation. Credits to new investors, at a provincial and federal level, combined can result in an average of 30% on their investments.
Top Quality of Life: Added to all the benefits mentioned above, Canada offers a stabled environment where families thrive and businesses succeed.
Under the Business Immigration Program, there are two categories:
This particular program requires unique skills at an international level where relevant experience, education, age, language abilities, and adaptability are essential to meet the criteria. Candidates need to be self-sufficient and capable of self-employment. Examples of self-employment are world-recognized athletes, international music composers, writers, performing artists, authors, sculptors, and other visual artists, etc.
This program is of great interest to the Government of Canada. Companies interested in coming to Canada with an innovative idea, plan, or established business are welcome in this program. Designated organizations such as Capital & Private Equity Association National Angel Capital Organization and Canadian Acceleration and Business Incubation Association can provide the funds necessary to start a business or develop an innovative idea. These organizations approve the idea/business and provide a Support letter to initiate the immigration process.