Canada Cancels Investor Immigration Program

Canada Cancels Investor Immigration Program   YouTubeSince the mid-1970s, fewer than one percent of all Canadians have been classified as permanent residents. Under Canadian law, the government only grants permanent resident status for the purposes of reuniting families, furthering economic development and protecting refugees. There have been other recent immigration changes. In April, the government was given powers over temporary foreign workers. In between, the country announced a new visa system to attract foreign entrepreneurs to Canada. However,  just this month the country canceled its immigrant investor program which granted permanent residence to those investing a substantial amount of money in Canada. CCTV’s Kristian Yo reports on the new Canadian immigration policy.

CCTV’s Mike Walter interviews immigration attorney Henry Moyal on the new revised quota system in Canada.

Follow Mike Walter on Twitter: @mikewaltercctv