Sunday, October 17, 2010

Government of Ontario to organize Business Immigration Seminar

India Infoline News Service / 09:49 , Oct 17, 2010

The seminar series is being organized to showcase Ontario as part of the MEDT’s strategy to encourage greater participation by Indian businesses and to encourage Indian companies and entrepreneurs to set up global offices in the state.

The Government of Ontario, Canada, in association with FIEO is organizing business immigration seminars in Mumbai and New Delhi, Oct 18 and 21st October 2010 respectively.
The Business Immigration Section of the Ministry of Economic Development and Trade (MEDT), Government of Ontario, Canada, provides a variety of services and support to business immigrants during the planning stages of immigration and after arriving in Ontario.
The seminar series is being organized to showcase Ontario as part of the MEDT’s strategy to encourage greater participation by Indian businesses and to encourage Indian companies and entrepreneurs to set up global offices in the state.  Ontario has been ranked as the no. 1 province in Canada by Site Selection Magazine in their annual Canadian Competitiveness Rankings. By way of background, Site Selection is a U.S. based bi-monthly print magazine which provides CEOs, development planners and corporate executives’ news and information on all aspects of the business location/relocation process.
There are about half a million people of Indian descent living in Ontario which makes the province an attractive destination for Indian Companies and entrepreneurs. Many Indian Companies like Essar, Piramal, ICICI Bank, Bombay Chamber of Commerce have operations in Ontario. Similarly, Ontario companies Sun Life, Bank of Nova Scotia, and Celestica have operations in India.
The seminars aim to educate and help businesses understand the conducive policies and effective programs adopted by the government of Ontario to encourage business immigration. To be addressed by Immigration Specialist from the Business Immigration Unit at Ontario’s Ministry of Economic Development and Trade and by Royal Bank of Canada, which is a facilitator for the Federal Investor Program, the seminars will provide the attendees a complete picture of the advantages that are available to people seeking to immigrate under Ontario’s immigrations programs.
Ontario has a Provincial Nominee Program (PNP), an immigration program through which Ontario nominates individuals and their families for permanent resident status based on a pre-approved job offer in the province. Employers can attract individuals from abroad; individuals in Canada on a work permit or international student graduates from a publicly-funded Canadian college or university. It also has an Immigrant Investor Program (IIP) which allows prospective immigrants to make a passive investment in a government fund and become a landed immigrant.
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