Industry News

CIC conducting stakeholder consultations

CIC conducting stakeholder consultations

Citizenship and Immigration Canada (CIC) is conducting a consultation on the Immigrant Investment Program (IIP) until September 4, 2012.

The Economic Action Plan 2012 announced that business immigration programs will be reformed to target more active investment for Canadian growth companies.

Additionally, in April 2012, the Honourable Jason Kenney, Minister of Citizenship, Immigration and Multiculturalism, announced that Citizenship and Immigration (CIC) is considering whether it should use its authority under the amended Immigration and Refugee Protection Act (IRPA) to create small short-term programs that can have a greater impact on Canada’s economy.

CIC is now inviting online submissions from stakeholders and the public on how the Department can:

  • Increase the economic benefit that immigrant investment capital brings to Canada;
  • Attract experienced, international investors with the skills and resources needed to ensure they integrate into Canada’s economy; and
  • Develop efficient and cost-effective ways of delivering an investment program.

To find out more, please visit CIC website.


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