Ontario immigration has issued 10 Invitations to Apply in a new draw through the province’s Entrepreneur Stream.

The January 27 draw saw ITAs issued to Ontario Immigrant Nominee Program (OINP) candidates scoring between 137 and 162 points.

Candidates who submitted an Expression of Interest by January 20, 2023 were eligible for consideration.

Read More

Ontario Masters Graduate Draw: Province Issues 692 Canada Immigration Invitations
Ontario Immigration Draws: Province Issues 622 Canada Immigration Invitations
Ontario Targets Primarily Skilled Trades Candidates In First Canada Immigration Draws Of 2023

Ontario Entrepreneur Stream: 2023 Draws

Date Invitations Issued Minimum score range
27-01-2023 10 137-162


Ontario Entrepreneur Stream: Financial Requirements

1) Net Worth

  • Minimum net worth of $800,000 if your proposed business will be in the Greater Toronto Area (GTA). Outside the GTA, minimum net worth is $400,000.
  • Proposed business in either ICT or digital communications, minimum net worth is $400,000 anywhere in province.

2) Investment and Ownership

  • Invest at least $600,000 in an Ontario business and own at least 33 per cent if business is in GTA.
  • Outside GTA, invest at least $200,000 and own at least 33 per cent.
  • Proposed business in either ICT or digital communications, invest at least $200,000 and own at least 33 per cent anywhere in province.

Ontario Entrepreneur Stream: Non-Financial Requirements

  • At least 24 months of full-time business experience in the past 60 months, as an owner or senior manager.
  • Create two full-time jobs for Canadian citizens or permanent residents in the proposed company if located inside the GTA. Business located outside the GTA, or in either ICT or digital communications, must create one full time job.
  • Make exploratory visit to Ontario in the 12 months prior to application. Note: This only applies to those buying an existing business.
  • Minimum CLB 4 in English or French.
  • Physically reside in Ontario for at least 75% of the time you are managing the business.

Products You May Like

Articles You May Like

Prepare to study in Canada
Study permit: Who can apply
British Columbia Issues 88 Canada Immigration Invitations In New PNP Draw
Ontario Immigrant Nominee Program Releases New Employer Form
New Brunswick Schools Say More Needs to be Done On International Students
Immigrant Children See Success in Higher Education and Beyond
How Many Study Permits Will Be Issued By Canadian Provinces In 2024?