Rural Canada: An Overlooked Entrypoint for Entrepreneurs
Rural regions in Canada, with their expansive spaces and immense resources, present a great opportunity for businesses to set up and scale. Roughly 18% of the country's population live in these underpopulated areas -- around 6.6 million people at last count. These rural communities have distinct economic profiles, welcoming societies, and specific government policies to help businesses flourish. Some selected sectors [...]
Permanent Residency vs Citizenship: What Are The Differences?
International entrepreneurs willing to relocate their businesses to Canada must understand the difference between Canadian Permanent Residency (PR) and Canadian Citizenship. This insight will guide your decision-making and planning processes. Legal Status and Residency Obligations Permanent Residents: Residents may live, work, or visit any part of Canada. However, this status isn't irrevocable, and PR holders must reside in Canada for a [...]
Profit in Entrepreneurship: A Guide for Foreign Entrepreneurs Considering Canada
Boasting a myriad of business opportunities, Canada has positioned itself as a prime location for entrepreneurs looking to start a new business. Besides having a diverse market, Canada also has strong government backing, further supporting entrepreneurs. Business owners from other countries need to understand Canada's available resources and profit potential. Why Canada? Key Numbers and Opportunities Excellent GDP: As of early [...]
Express Entry: What Will Change in 2025
2024 was a year of major decisions that will significantly change economic immigration in 2025. Among these updates, Express Entry is gaining in importance and features some drastic new policies, impacting even applicants already in the Express Entry pool, as part of Government efforts to attract new skilled migrants. Increased Number of Express Entry Targets As a means to fill its [...]
How to Become an Entrepreneur in Canada
Entrepreneurship is a practice that requires a lot of planning, making decisions, and acquiring deep knowledge about the market. Canada has emerged as a world leader in innovation and entrepreneurship, thanks to initiatives such as Global Talent Stream, and the Startup Visa Program. These initiatives are set to attract professionals and entrepreneurs alike to Canada. For instance, the Global Talent Stream [...]
How Much Money Do You Need to Invest as an Entrepreneur Moving to Canada?
Canada’s Start-Up Visa (SUV) Program is a golden opportunity for foreign entrepreneurs looking to establish innovative businesses and gain permanent residency. However, understanding the financial requirements is crucial before making the leap. This article breaks down the investment needed, recent policy changes, and the cost of living in Canada. Key Financial Requirements for the Start-Up Visa Program Minimum Investment from Designated [...]