Ottawa seeks to attract foreign talent by making Start-up Visa Program permanent
The federal government is moving to entrench an immigration pilot project known as the Start-up Visa Program, which offers permanent residency to foreign entrepreneurs who agree to bring their companies to Canada.
"Our government's innovation and skills plan has identified the nurturing of entrepreneurship and the growth of startups as vitally important to Canada's economy, making the Start-up Visa Program permanent supports this very agenda," said Ahmed Hussen, Minister of Immigration, Refugees and Citizenship, during the announcement Friday at a small event at Ryerson University's DMZ in Toronto, a startup business hub.
Started in 2013 under the Harper government, the Start-up Visa Program was set to expire in 2018, but will now remain a part of Immigration, Refugees and Citizenship Canada (IRCC) policy. Full story.
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