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>Canada’s Business Immigration Program, specifically the investor stream, is a primary cause of the housing crisis, according to Gordon. This “cash for citizens

>Canada’s Business Immigration Program, specifically the investor stream, is a primary cause of the housing crisis, according to Gordon. This “cash for citizenship” program has allowed wealthy individuals (net worth $1.6 million or higher) to come to Canada. https://the-peak.ca/2016/05/vancouvers-housing-crisis-caused-by-foreign-money-and-government-report-says/ https://the-peak.ca/2016/05/vancouvers-housing-crisis-caused...

judge2020 5y ago
My comment is just about how 'unknown' the funds are. I think https://news.ycombinator.com/item?id=28004444 https://news.ycombinator.com/item?id=28004444 is a better comment thread for criticizing this practice.
pstrateman 5y ago
That program hasn't existed in years.
- redstripe 5y ago
  Doesn't it still exist in Quebec?
  - soperj 5y ago
    no
forkLding 5y ago
Don't think this program exists anymore, searching around found Business Immigration Program but its for people who want to start startups but they also have to have like a designated VC fund or designated angel investor group or designated incubator. Source: https://www.canada.ca/en/immigration-refugees-citizenship/services/application/application-forms-guides/guide-5759-application-permanent-residence-business-immigration-program-start-business-class.html https://www.canada.ca/en/immigration-refugees-citizenship/se...