| Province |
Minimum personal net worth |
Minimum investment required |
Business plan & management experience required? |
Government deposit required? |
Performance agreement required? |
Exploratory visit required? |
Additional selection criteria? |
| Manitoba |
$350,000 |
$150,000 |
Yes: Previous business ownership or a minimum of 3 years of senior management experience |
$75,000 refundable deposit |
Participate in day-to-day management of business |
Yes, for a minimum of 7 days |
Yes |
| Saskatchewan |
$300,000 |
$150,000 and ownership of at least 1/3 of an eligible business |
Yes: minimum of 3 years of business management experience |
$75,000 refundable deposit |
Participate in day-to-day management of business & create at least 3 new jobs for Canadians or permanent residents |
No, but recommended |
Yes |
| British Columbia: Vancouver & Victoria |
$800,000 |
$400,000 and ownership of at least 1/3 of an eligible business |
Yes |
Optional Fast Track Option: $125,000 refundable deposit |
Yes, in order to obtain a work permit |
Strongly recommended |
Yes |
| British Columbia: outside Vancouver & Victoria |
$400,000 |
$200,000 and ownership of at least 1/3 of an eligible business |
Yes |
Optional Fast Track Option: $125,000 refundable deposit |
Yes, in order to obtain a work permit |
Strongly recommended |
Yes |
| New Brunswick |
$300,000 |
$125,000 |
Yes: previous business ownership or senior management experience |
$75,000 refundable deposit |
Participate in day-to-day management of business |
Yes, for a minimum of 5 days |
Yes - basic proficiency in one of Canada's official languages |
| Quebec |
$300,000 |
$100,000 - representing at least 25% of capital equity |
Yes: minimum of 2 years of business management experience in the last 5 years |
No |
Participate in day-to-day management of business |
Strongly recommended |
Yes |
| Prince Edward Island |
$400,000 |
$200,000 |
Yes: previous business ownership or senior management experience |
$125,000 refundable deposit** |
Participate in day-to-day management of business |
No |
Yes |
| Ontario |
- |
$1,000,000 and ownership of at least 1/3 of a business |
Yes |
No |
Participate in day-to-day management of business & create at least 5 new jobs for Canadians or permanent residents |
No |
Yes |
| Northwest Territories |
$500,000 (if buying a business in the city of Yellowknife) |
$300,000 in a business in the city of Yellowknife |
Yes |
$75,000 refundable deposit |
Yes, in order to obtain a work permit |
No, but recommended |
Yes |
| Yukon |
$250,000 (including $150,000 in liquid assets) |
$150,000 and ownership of at least 1/3 of a business |
Yes: minimum of 5 years of business management experience |
$75,000 refundable deposit |
Yes, in order to obtain a work permit |
Yes |
Yes - basic proficiency in one of Canada's official languages |
| **additional deposit of $20,000 if the interview cannot be conducted in English or French |
Time
in Vancouver, Canada:
