Quebec published a draft regulation of the entrepreneur stream


On December 9, 2020, the government of Quebec announced the publication of a draft regulation amending the rules of immigration to Quebec for foreign entrepreneurs. The proposed amendment will change the rules for Stream 2 of the Quebec Entrepreneur Stream for foreign businessmen wishing to establish, acquire and manage companies in Quebec. These changes aim to eliminate the requirement for a start-up deposit and security deposit for applications already received by the Ministry of Immigration, Francization and Integration (MIFI). The acceptance of new applications under Quebec Entrepreneur Program Stream 2 has been suspended until November 1, 2021. The public discussions of the new amendment will continue until January 23, 2021.