Economic Immigration Canada

Annalena is a business analyst from Liechtenstein. She holds a bachelor’s degree. Annalena has been working for a business consulting firm for the past ten years. She is 32 years old. Annalena speaks German, English, and French languages fluently.  Her net worth is $600,000. Annalena is wondering if she could move to Canada permanently. She has heard about economic immigration to Canada but has no idea what this phrase means.

You may like to know, Canada offers three routes for immigration, namely:

  • Family reunification for people who are sponsored by their family members to Canada (practitioners see subsection 12(1) of IRPA)
  • Economic immigration for applicants who may economically establish themselves in Canada without the use of social assistance program (practitioners see subsection 12(2) of IRPA)
  • Refugees for convention refugees and those who need protection (practitioners see subsection 12(3) of IRPA)

The majority of immigrants move to Canada under economic immigration programs. We may divide these immigrants into the following major groups.

  • Federal Economic Immigrants
  • Quebec-selected Skilled Workers and Business
  • Provincial/Territorial Nominees

Federal Economic Immigrants

Federal options are for those who intend to settle anywhere in Canada but Quebec. The subcategories of federal economic immigration methods include:

  • Express Entry – This is an online system of applying for immigration to Canada that covers three streams of immigration:
  • Federal Self-employed Class – Despite its generic name, this method is limited to self-employed people under the following categories only.
  • Start-up Visa – If you have an innovative idea and receive support from certain organizations in Canada, you may immigrate to Canada under this program.
  • Atlantic Immigration Pilot – If you receive a valid job offer from an employer located in New Brunswick, Nova Scotia, Prince Endward Island, or Newfoundland and Labrador, you may immigrate to Canada. Since this is a pilot program, the government may stop it at any time.
  • Caregivers – If you have worked as a caregiver for minor children or people with high medical needs, you may later apply for permanent residency under this program. The applicants usually work for two years or more with a valid work permit and eventually file for permanent residency.

You may like to know, IRCC regularly reviews these options, and they may add more options, remove some of the existing ones, or make changes to them.

Quebec-selected Skilled Workers and Business

Quebec has a broad agreement with the federal government of Canada. Under this agreement, also known as Canada–Québec Accord, Quebec’s government has a high level of freedom regarding immigration to their province. Quebec is mostly interested in the immigration of Francophone (French-speaking) individuals.

Provincial/Territorial Nominees

Under section 95 of the Canadian Constitution Act 1867, provinces may pass and implement laws to control immigrants’ influx to their province. All Canadian provinces and territories except for Nunavut have special programs for immigration to their province. A typical Provincial Nominee Program (PNP) consists of two stages.

  • Selection by the province or territory and receiving a Certificate of Nomination
  • Approval by the federal government and securing the permanent residency

The federal government looks into two significant areas before issuing the permanent residency: The applicant’s ability to establish themselves in Canada economically and their admissibility to our country.  If you want to know more about PNP programs, read the following article:

 

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Al Parsai, MA, DTM, RCIC
Regulated Canadian Immigration Consultant
Ashton College Instructor – Immigration Consulting
Author – 88 Tips on Immigration to Canada

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Al Parsai

This article has been expertly crafted by Al Parsai, a distinguished Regulated Canadian Immigration Consultant (L3 RCIC-IRB – Unrestricted Practice) hailing from vibrant Toronto, Canada. Al's academic achievements include an esteemed role as an adjunct professor at prestigious Queen's University Law School and Ashton College, as well as a Master of Laws (LLM) degree from York University. A respected member of CICC and CAPIC organizations, Al's insights are further enriched by his experience as the dynamic CEO of Parsai Immigration Services. Guiding thousands of applicants from over 55 countries through the immigration process since 2011, Al's articles offer a wealth of invaluable knowledge for readers.