The Government of Ontario recently announced that applications under the Ontario Immigrant Nominee Program’s (OINP) Investor Component will no longer be accepted. All Investor Component applications received on or before October 29, 2015 will be accepted, however any applications after that date will be returned. This affects all applicants who were pursuing an OINP Investor Component.
The Government of Ontario is still accepting applications that fall under the under the Ontario Express Entry Streams, specifically the Human Capital Priorities and Ontario French Speaking Skilled Workers Stream.
Redesigned Business Streams
OINP is introducing two redesigned business streams specifically the Corporate and Entrepreneur streams. The exact dates for these programs to go live have not been issued yet, however once they are a further update will be provided.
Corporate Stream – This stream helps and supports established international corporations looking to expand into Ontario or buy an existing business.
Entrepreneur Stream – This stream supports individuals from outside of Canada who are looking to implement a new business initiative or buy an existing business in Ontario.