Earlier this month, the province of Saskatchewan introduced new procedural guidelines for the Entrepreneur category of the Saskatchewan Immigrant Nominee Program (SINP) that will speed up the processing of applications under this program. In recent years, Saskatchewan has been an attractive destination for immigrants to Canada because of the many employment and investment opportunities it offers.
According to the Canadian Federation of Independent Business ranking of top business-friendly cities, Saskatchewan is home to the most business-friendly cities in Canada. The province is currently experiencing a business boom and its highest population growth since 1952. As the economy grows, the creation of jobs and investment opportunities are increasing.
For this reason, the province has amended its immigration strategy to welcome a greater number of qualified immigrants.
“This new process will make Saskatchewan more competitive in Canada. It will bring talented managers and entrepreneurs to the province, it will spread opportunities for investment to more communities and create jobs,” said Saskatchewan’s Minister Responsible for Immigration Rob Norris.
Under the new process, nominations for the SINP Entrepreneur category are expected to be finalized within six months from the date of application.
In addition, three new streams have been added to this category:
* The Large Scale Investor Stream, for applicants who wish to invest $10-million or more in Saskatchewan;
* The Science and Technology Stream, for applicants who have an innovative idea or plan to partner with an existing Saskatchewan science and technology body; and
* The Young Farmers Stream, for applicants under the age of 40 who have farming experience.
Norris also announced plans to add two new streams to the SINP Entrepreneur category in the future: one for entrepreneurs to partner with First Nations and Métis businesses or communities, and one that will facilitate business succession in the province.
Source: Canada Immigration News