Canada’s Start-Up Visa program hits a record high

Start Up Business of Creative People Concept - Modern graphic interface showing symbol of entrepreneurship, fund, and project plan to start a new small business by smart group of entrepreneur.

Canada’s Start-Up Visa (SUV) Program achieved unprecedented success in 2024, welcoming 5,595 new permanent residents – a dramatic increase from previous years. Ontario led the surge with 2,800 admissions, followed by British Columbia with 2,150 newcomers, demonstrating the program’s growing appeal among global entrepreneurs. However, the future of this successful initiative faces uncertainty as Canada’s 2025-2027 Immigration Levels Plan aims to reduce permanent resident admissions, with the federal business allocation dropping significantly in the coming years. Despite these planned reductions, industry experts remain optimistic about the program’s long-term viability, citing its crucial role in attracting innovative talent and fostering economic growth.

#start_up_visa, #business_immigration, #entrepreneurs, #permanent_residency, #tech_startups, #ontario_immigration, #bc_immigration

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