On November 27 and 28, 2018, The Conference Board of Canada hosted its second Entrepreneur & Investor Immigration Summit in Ottawa. The 260 delegates at the Summit explored how business immigration can better support economic development in Canada. The impetus for the event was that while Canada has welcomed business immigrants since 1978, it continues to experience a myriad of challenges that are limiting its ability to spur economic development and job creation.
Given that more High Net Worth Individuals (HNWIs) are on the move, Canada’s immigrant intake is rising, and HNWIs and other entrepreneur candidates are interested in moving to Canada, it is incumbent upon the federal and provincial governments to assess how they can better harness the qualities of such candidates to help grow the country’s economy. Turning the Corner: Improving Canadian Business Immigration summarizes the challenges and the suggestions for improvement provided by delegates at the Summit.