Start-Up Visa Archives - Immigration Lawyer Vancouver, Canada | Sas & Ing Immigration Law Centre
 

HomeTagStart-Up Visa Archives - Immigration Lawyer Vancouver, Canada | Sas & Ing Immigration Law Centre

The Canadian immigration world is not that welcoming these days and it hasn’t been for the past couple of years as our many blogs have discussed. Express Entry (EE) scores are higher than most applicants can meet, draws for EE applicants focus only on in Canada applicants, the business immigration programs have been either shut down (until the end of 2026 for self-employed (SE) applicants) or significantly reduced for Start Up Visa (SUV) applicants, and the TFW program and international students have had caps introduced. Overall there is a tightening of the belt in terms of immigration processing and prospective applicants are feeling the pinch. When people can’t get what they want, they turn to other options and the most obvious choice is the Humanitarian and Compassionate (H and C) application. Spoiler Alert: Here’s more bad news - the H and C application is not meant to solve everyone’s problems.

Adam Smith is often considered the father of modern economics and a significant proponent of the law of supply and demand. This economic theory postulates that when supply of a good is in abundance prices will fall and when the supply is diminished that prices will rise. Applying the principles of supply and demand to Canada’s immigration program, the Department of Immigration, Refugees and Citizenship Canada (IRCC) is in the enviable position of being able to “set their price” by being choosy as to who, how and when they will select which applicants to be able to come to Canada. A quick review of a few of our current immigration programs demonstrates this reality.

On January 24, 2013, Minister Kenney awakened the sleeping business immigrant program with the introduction of the New Start-Up Visa, the first of its kind in the world! The Start-Up Visa program seeks to connect immigrant entrepreneurs with private sector organizations who will provide the business and financial support necessary to enhance the chances of success of the new start up business venture.

Sas and Ing Immigration Law Centre LLP

A partnership between Catherine Sas Law Corporation and Victor Ing Law Corporation

Copyright © sasanding 2021