Ontario aims to recruit 100 immigrant business owners

[ad_1] Published on December 19th, 2021 at 08:00am EST Tags: Canada immigration news, Canadian immigration news, entrepreneur, Entrepreneur immigration Ontario, Ontario, Ontario Immigrant Nominee Program -- Ontario is seeking 100 immigrant entrepreneurs over the next two years to start or grow a business in regions outside of the Greater Toronto Area. Interested business owners and developers can apply through the existing Entrepreneur Stream of the Ontario Immigrant Nominee Program (OINP). Each entrepreneur who is selected will be required to invest a minimum of $200,000 into their business. Applicants may get a provincial nomination once their business has been operating for 18 to 20 months in Ontario. They can use the nomination to apply to the federal government for Canadian immigration. Discover if You’re Eligible for Canadian Business Immigration The recruitment project is intended to create more local jobs, and support regions that have been hard-hit by pandemic job losses, according to a government media release. It will cost the provincial government and estimated $6 million, which Ontario’s labour minister Monte McNaughton told reporters it will be repaid by immigrants who come to the province to start or buy a... [ad_2] Read more here