British Columbia Issues At Least 9 Invitations In New Entrepreneur Draw

Colin Singer
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British Columbia Issues At Least 9 Invitations In New Entrepreneur Draw

British Columbia immigration has conducted a new Entrepreneur Immigration draw, issuing at least 9 invitations.

The November 11 British Columbia Provincial Nominee Program draw featured invites through the general and regional pilot category of the province’s Entrepreneur stream.

For the general category, 8 invites were issued with a minimum score of 120 points.

Through the regional pilot, ‘less than 5’ invitations were issued with a minimum score of 114 points. The number of invites was listed as ‘less than 5’ to protect the identity of those invited.

A further draw took place on October 4 through the general category. It saw 5 invitations issued and a minimum score of116. 

Requirements for the Canada immigration stream are below.

What Was the Minimum Score For The Latest B.C. Entrepreneur Draw?

Date Category Minimum Score Invites Issued
08-11-22 Entrepreneur Immigration General Category 120 8
Entrepreneur Immigration Regional Pilot 114 <5
04-10-22 Entrepreneur Immigration General Category 116 5

Source: https://welcomebc.ca

Read More Canada Immigration News

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What Are The Requirements For The B.C. Entrepreneur Category?

Business candidates in this British Columbia immigration category must meet the following minimum criteria:

Eligibility Requirements

  • Personal net worth of minimum $600,000, legally obtained.
  • Invest minimum $200,000 in an eligible new business or to purchase and improve an existing business in BC.
  • Create at least one new full-time job in your business for a Canadian citizen or a permanent resident.
  • Canadian Language Benchmark Level 4 In English or French in each of the four competencies: listening, speaking, reading and writing, BY THE TIME OF NOMINATION.
  • Suitable business and/or management experience.
  • Have, or be eligible for, legal temporary immigration status in Canada.
  • Have been lawfully admitted to the country where you currently reside.

British Columbia Entrepreneur Immigration – Regional Pilot

The Entrepreneur Regional Pilot aims to attract motivated and experienced entrepreneurs to open a business in smaller communities of British Columbia and contribute to their specific labour needs.

The Eligibility Requirements for Candidates

  • Net worth of minimum $300,000.
  • Minimum of $100,000 in eligible business investments.
  • Minimum of 51% ownership in the new business.
  • Canadian Language Benchmark Level 4 In English or French in each of the four competencies: listening, speaking, reading and writing.
  • Create at least one new full-time job for a Canadian citizen or permanent resident.
  • Conduct an exploratory visit in the target community

Targeted Skilled Worker Draws For Express Entry Draws To Start Next Year

Colin Singer
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Targeted Skilled Worker Draws For Express Entry Draws To Start Next Year

Immigration Minister Sean Fraser says Canada is ready to start targeted Express Entry draws for skilled workers starting next year in a bid to deal with massive labour shortages.

In an interview with the Reuters global news agency, Immigration Minister Sean Fraser pledged to work with provinces that make it easier to recognize the foreign credentials of doctors and nurses with a specific, skilled worker program targeting in-demand occupations.

Read More Canada Immigration News

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“We can do a targeted draw beginning in 2023,” the federal immigration minister reportedly said. “That will allow us to select workers by the sector that they work in and the part of Canada that they are going to.

“This means we will be able to bring a greater focus to welcome more healthcare workers … in jurisdictions that will allow them to practice.”

Job Vacancies In Canada Stood At 958,000 In August

Canada is facing a massive labour shortage.

In its Payroll Employment, Earnings And Hours, And Job Vacancies, August 2022 report released this week, Statistics Canada reveals there were 958,000 jobs going begging in Canada in August.

Ottawa’s response has been to raise Canada’s level of immigration to record-breaking levels.

In its 2023-2025 Immigration Levels Plan, the federal government is targeting 465,000 new permanent residents in 2023, 485,000 in 2024 and 500,000 in 2025.

That’s a total of 1.45 million immigrants to Canada over the coming three years.

But many employers think Canada needs to do much more to attract skilled workers to the country under economic immigration programs.

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“Unfortunately, economic-class permanent residents represent only 58.5 per cent of total admissions in the plan announced (by the immigration minister last week),” said Goldy Hyder, the Business Council of Canada’s president and CEO, in a statement.

“This is far fewer than the number needed to support Canadians’ high standard of living.”

Immigration, Refugees and Citizenship Canada (IRCC) data for the first eight months of this year reveal the country welcomed 186,195 new permanent residents through economic immigration programs during that period.

Those who came to Canada through those economic immigration programs in the first eight months of this year comprised 60.2 per cent of the total 309,240 new permanent residents to the country during that period.

Economic Class On Track To Be More Than 60% Of All Canada Immigration This Year

Based on that trend, Canada is already on track to welcome 279,292 new permanent residents under economic programs this year, roughly 2.6 per cent or 7,267 new permanent residents more under those programs than Ottawa is targeting for next year under the new immigration levels plan.

Adopting the Business Council of Canada’s target of 65 per cent for economic immigration, the country would see 302,250 new permanent residents under economic immigration programs out of the total 465,000 next year.

The Business Council of Canada maintains economic immigration is critical to growing the Canadian economy.

“Every job that is not filled represents one less person contributing to Canada’s economic growth and one less person paying taxes to support Canada’s social infrastructure,” said Hyder.

Canadian employers can recruit and hire foreign nationals through the Temporary Foreign Worker Program (TFWP) and the International Mobility Program (IMP).

The Global Talent Stream (GTS), a part of the TFWP, can under normal processing situations lead to the granting of Canadian work permits and processing of visa applications within two weeks.

Employers can also bring in foreign nationals to fill available positions through the Express Entry system, which receives immigration applications online.

It powers the Federal Skilled Worker Program (FSW), Federal Skilled Trades Program (FST), and Canada Experience Class Program (CEC) which all draw from the Express Entry pool of candidates. Those with the required Comprehensive Ranking System (CRS) scores are then sent Invitations to Apply (ITAs) in regular draws.

Saskatchewan Invites 55 Canada Immigration Candidates In New Entrepreneur Draw

Colin Singer
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Saskatchewan Invites 55 Canada Immigration Candidates In New Entrepreneur Draw

Saskatchewan immigration issued 55 invitations in a new Entrepreneur stream draw through the Saskatchewan Immigrant Nominee Program (SINP).

The November 3 draw required a minimum score of 85 and an average score of 100 points.

Saskatchewan Entrepreneur Stream 2022 Draws

Date Lowest score Average score Highest score Number of invitations
03-Nov-22 85 100 120 55
01-Sept-22 75 95 130 43
07-July-22 80 95 130 64
05-May-22 90 110 130 54
03-Mar-22 80 90 135 58
06-Jan-22 90 105 140 51

Source: https://www.saskatchewan.ca

Saskatchewan prioritizes three selection factors to separate candidates with the same score on the Entrepreneur stream points grid.

The three factors, in order of priority, are:

  1. Official language ability.
  2. Those with businesses planned for a key economic sector.
  3. Completion of an exploratory visit.

Read More Canada Immigration News

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The Saskatchewan immigration Entrepreneur stream is a three-stage process:

  1. Expression of interest
  2. Invitation to submit application
  3. Nomination

The expression of interest must meet the following minimum entry requirements:

  • Minimum net worth of $500,000 legally acquired.
  • Minimum of three years of entrepreneurial or relevant management experience.
  • Investment of at least $300,000 in Regina or Saskatoon, or $200,000 in any other Saskatchewan area.

Candidates enter a pool where they receive a score. The top scoring candidates are invited to submit an application.

Applications must include:

  • Business Establishment Plan confirming figures in expression of interest, and including at least one third ownership of a company in Saskatchewan, unless investment is $1 million or higher.
  • Commitment to be active in day-to-day management of business.
  • Creation of two or more jobs for Canadian citizens or permanent residents if the business is located in Regina or Saskatoon.

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