LABOUR MARKET IMPACT ASSESSMENT
This program applies to individuals who are starting a new business in Canada or purchasing an existing business. The business must be incorporated in Canada, with candidates having a controlling interest through ownership of over 50% of the company.
The individual must work in the business, as well as create or retain jobs for Canadian citizens or Permanent Residents and transfer skills or knowledge to Canadians.
Suitable candidates can convert their Labour Market Impact Assessment (LMIA) for up to 200 additional points towards Permanent Residency through the Express Entry program.