Ottawa is starting consultations with industry groups and immigrant settlement organizations across the country to develop a new “startup-visa program” to fast track immigration of entrepreneurs.
“Canada cannot afford to lose out in the competition for foreign entrepreneurs among immigrant-receiving countries,” Immigration Minister Jason Kenney said.
This is an interesting article. As I was reading it I had the following thoughts:
1. I pity the entrepreneurs who go to the U.S. without knowledge that they are entering a massive “shake down” for keeping bank accounts at home, etc.
2. Because immigrating to the U.S. is a dangerous thing to do (unless it is corrected) this presents a wonderful opportunity for Canada to attract some of the best and brightest.
3. Makes me think of moving to New Zealand
It is essential that the Government of Canada understand how allowing U.S. citizens to immigrate to Canada can hurt Canada, including the comment that:
A recent post appeared at the Isaac Brock Society which described how Alberta is seeking U.S. workers. It noted that:
“Alberta is launching a new recruitment drive to get skilled US workers to move to Canada. At a purely economic level it makes a lot of sense for Alberta is they have an unemployment rate that is starting to drift toward 4% at which point labor shortages start to occur. However, I can’t help but notice no mention is being made by the Alberta government of the US tax and filing requirements that these prospective US Citizen migrants to Canada are subject to.”
A comment to the post, questioned whether Alberta knew what it was getting into. Is it a good idea to accept U.S. citizens as immigrants? The comment stated:
“This is a big mistake on the part of Alberta. U.S. citizens are economic threats to the stability of the Canadian economy and the Constitutional integrity of Canadian life.”
We have had ample discussion of how the FBAR rules, etc. have the potential to hurt Canada (and any other countries that U.S. citizens move to). Might be worth adding to the comments on this or any similar article.