On April 22, Ontario held its latest immigration draw. It invited 26 entrepreneurs who had the skills and experience to meet the province’s labour market and economic needs. The OINP helps in hiring and retaining foreign skilled workers.
In specific, the Entrepreneur Stream selects entrepreneurs who have the skill and intent to buy or run a business in the province. Because these applicants add to the business environment and create new opportunities for the people of the province.
Applicants selected in OINP: ES had submitted their Expression of Interest (EOI) profiles between Nov 22, 2019, and April 17, 2020. Also, these profiles received scores as per the EOI point grid system which includes factors such as:
Earlier in 2019, Ontario issued 66 Invitation to Apply (ITA) to applicants to apply for nomination for permanent residence in Canada. However, so far the province has selected 46 entrepreneurs under this stream.
The April 22 draw is unique as the OINP slashed its minimum eligibility criteria for factors such as:
In conclusion, such changes only hint at the positive trends of Canada immigration. The latest changes in the OINP: ES terms will attract more entrepreneurs from all over the world. As a result, Ontario will continue to be the best destination for moving to Canada.
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Mr. Kalyan Paul, President & CEO is the founder of GVI, an MBA in Finance and also a Chartered Professional Accountant (CPA) and a Certified Management Accountant (CMA) from Canada. Mr. Paul has more than 18 years of experience in immigration consulting that made him one of the preferred & valued immigration consultants in the immigration industry. He is a licensed member of the College of Immigration and Citizenship Consultants (CICC) [Previously known as Immigration Consultants Of Canada Regulatory Council (ICCRC)] (Membership ID: R417119) which is a professional body of licensed immigration consultants recognized by Citizenship and Immigration Canada.
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