The Ontario Entrepreneur Stream is a component of an existing immigration program that was created through an agreement between the Government of Canada and the Province of Ontario.
The purpose of this program is to attract business owners and senior managers who are able and willing to make a capital contribution and be active in a new or existing business in the Province of Ontario.
In order to be eligible under the Ontario Entrepreneur Stream, the Applicant must
a) Have legally accumulated net-worth exceeding C $ 400,000 (Net-worth means everything applicant and spouse own, such as properties, business, bank deposits, stock and shares anywhere in the world).If the proposed business is located outside of Greater Toronto Area.
b) Have at minimum of two years of management experience within the last five years either running your own business or managing an enterprise at the executive level.
c) Make minimum Invest of C$ 200,000 in a new or existing business in the province of Ontario outside Greater Toronto Area.
In case the proposed business is located within the Greater Toronto Area, the net-worth requirement is C$ 800,000 and minimum investment needed is C$ 600,000.
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