{"id":123816,"date":"2023-07-25T11:22:56","date_gmt":"2023-07-25T15:22:56","guid":{"rendered":"https:\/\/immigration.ca\/canada-start-up-visa-gets-boost-in-number-of-new-permanent-residents\/"},"modified":"2023-08-05T17:28:06","modified_gmt":"2023-08-05T21:28:06","slug":"canada-start-up-visa-gets-boost-in-number-of-new-permanent-residents","status":"publish","type":"post","link":"https:\/\/immigration.ca\/fr\/canada-start-up-visa-gets-boost-in-number-of-new-permanent-residents\/","title":{"rendered":"Canada Start-Up Visa Gets Boost In Number Of New Permanent Residents"},"content":{"rendered":"

The number of new permanent residents to Canada under the\u00a0Start-Up Visa<\/a>\u00a0(SUV) immigration program more than doubled in May from April, reveals the latest data from Immigration, Refugees and Citizenship Canada (IRCC).<\/p>\n

In May, 75 foreign nationals became new permanent residents to Canada under the entrepreneurship program, up 114.3 per cent, or 40 additional new permanent residents, from the 35 during the month of April.\u00a0<\/span><\/p>\n

In the first five months of this year, the\u00a0SUV\u00a0welcomed 250 new permanent residents, or 4.2 per cent more than the 240 during the comparable period last year.<\/p>\n

Canada\u2019s Immigration Levels Plan forecasts new arrivals of 3,500 by the end of this year through the federal business category. The category includes the SUV and the Self-Employed Program.<\/p>\n

It is forecast to grow to 5,000 newcomers in 2024 and 6,000 in 2025.<\/div>\n
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As overall immigration to Canada dipped by 34.6 per cent in April compared to the previous month, so too did the number of new permanent residents arriving through the\u00a0SUV fall that month. In April, the\u00a0SUV\u00a0welcomed 30 per cent fewer new permanent residents to Canada, only 35, compared to the 50 in March.<\/p>\n

But then immigration to Canada roared back to life in May, spiking back up 55.1 per cent to 45,825 new permanent residents, far above the 29,545 new permanent residents to the country in April. And the SUV\u2019s figures followed in tandem.<\/p>\n

Ontario And British Columbia Are SUV Hot Spots<\/h3>\n

The most popular destinations for immigrant entrepreneurs arriving under the\u00a0SUV\u00a0so far this year have been British Columbia and Ontario.<\/p>\n

The West Coast province of British Columbia had welcomed 105 new permanent residents through the\u00a0SUV\u00a0by the end of May while Ontario had received 110 new permanent residents through the program.<\/p>\n

Alberta added 15 new permanent residents through the program during the comparable period this year. Manitoba welcomed 30 immigrant entrepreneurs through the\u00a0SUV\u00a0in the first five months\u00a0this year. Nova Scotia added 10.<\/p>\n

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