It’s no secret that going green is the future. Whether it becomes a way of life or a way to conduct business, living a sustainable life is fast becoming a must and it can be as simple as making an informed choice. Although sustainability is not always coupled with affordability there are some businesses in Canada that are doing their utmost to be the change that our planet so desperately needs. In fact, the Canadian government itself is providing options to business immigration to Canada for companies with funding through various programs and initiatives to help spark the green light on implementing more innovative ways to create and maintain sustainable business practices and environments.
In this article, we take a look at Canada’s top business industries that are striving to make Canada green again and how the Canadian government is supporting them. So let's take a closer look at some of the top sustainable Canadian business immigration opportunities and how we can help you immigrate to Canada.
How Going Green Can Boost Your Business Opportunities in Canada
Canada is committed to creating a low-emission economy, by implementing and developing various innovations and clean technology. Canada currently has over 850 clean technology (cleantech) companies, of which 12 Canadian companies currently feature on the Global 100 Cleantech list. Below are some of the top ways that the Canadian government is encouraging business immigration to Canada and promoting the use of green or cleantech initiatives through government funding programs.
What is Cleantech?
Cleantech is any development aimed at decreasing carbon emissions and pollution as well as increasing the efficiency of resources. Canada has various government initiatives designed to promote sustainability in businesses. Here are the top ways that Canada is supporting green initiatives in some of Canada’s top industries.
1. How Renewable Energy is Igniting a Green Spark
Canada is the second-largest producer of hydroelectricity globally, receiving 67% of its electricity and 17.3% of its energy from renewable sources such as hydro, solid biomass and wind. Its natural resource industry has created over 1.7 million jobs in Canada and is continually working toward developing new methods of using these resources in sustainable ways especially in the oil and gas, minerals and metals and forest industries.
Ontario based company, Trojan UV, are leaders in the development of water treatment solutions. British Columbia is a leader in hydrogen and fuel cell technologies, of which 90% is exported. Saskatchewan, Alberta and British Columbia are all leaders in innovation in the natural resource sector. Nova Scotian company, CarbonCure, is also doing its part to minimize waste by recycling carbon dioxide to produce high-quality concrete.
Canada’s Strategic Innovation Fund gives businesses the break that they need to turn their innovative ideas into reality by providing financial support to businesses with large projects (over $10 million) aimed at helping to grow the economy and create jobs in Canada through innovation.
2. How Innovation is Helping Grow Canada’s Agriculture & Agri-Food Sector
Canada is the 7th largest food exporter globally with 6,900 businesses currently operating in the food and beverage sector providing around 2.3 million jobs in Canada. Canada is introducing innovation to farming by using Artificial Intelligence (AI) through facial recognition for livestock as well as AI-powered herbicide distribution systems and anonymous tractors. Popular provinces to set up your business venture in Canada including Ontario, Saskatchewan, Alberta, Manitoba and British Columbia, some of which have their own agricultural categories for business immigration to Canada.
The Canadian government offers support in the way of the NextGen Biofuels Fund(currently closed) and the Seed Fund, which offers to fund of up to $100,000 to cleantech entrepreneurs who are in the early stages of development. Other popular funding initiatives for those in the agricultural sector include:
- Accelerated Investment Incentive - tax write off 100% spent on new clean energy manufacturing and processing equipment.
- Protein Industries Supercluster - sustainable high-quality plant protein and plant-based co-products
- Strategic Innovation Fund - general support innovation and development in technologies used in agriculture and agri-food value chains.
For more information on how to immigrate to Canada through its farming industry visit our blog here.
3. How Technology & Advanced Manufacturing is Changing the Game
Canada is also a leader in technology and advanced manufacturing, with over 41,500 companies creating 919,000 tech and 1.7 million manufacturing jobs in Canada. Toronto, Vancouver, Montreal and Ottawa are all ranked in the top 20 cities for tech talent markets in North America, making Alberta and British Columbia top destinations for business ventures. Canada is currently at the forefront of software development, Artificial Intelligence (AI), system integration, machine vision and automation, 3D printing and cybersecurity. It also has the 12th largest vehicle and 5th largest chemical production in the world. What does this mean for you and your business? The sky’s the limit for business immigration to Canada. Funding is available for your technology or manufacturing business through:
- The Advanced Manufacturing (NGen) Supercluster - fund innovation in cancer and rare disease treatment
- Accelerated Investment Incentive
- The Strategic Innovation Fund.
4. How Canada’s Fashion & Beauty Industry is Setting Sustainability Trends
Canada may not be one of the fashion capitals of the world but it is surely at the forefront of innovation in sustainable fashion and beauty products, not to mention that some of these businesses are either immigrant-owned or are of immigrant descent! Companies such as AI, a sustainable fashion brand curating vegan bags are run by a mother and three daughters of Korean descent out of Toronto. Inuka is founded by a Canadian entrepreneur, Betsy Campos, who is of Brazilian descent and designs swimwear made entirely of recycled nylon yarn produced from industrial waste. Waste not want not we say, and who's to say you can’t look stylish doing it!
For more information on the top 5 business opportunities in Canada for immigrants, be sure to visit our blog here.
What Are My Options for Business Immigration to Canada
There are 2 main business immigration options to bring your sustainable venture to Canada:
1. Start-Up Visa
The most popular pathway to take through business immigration to Canada is the Start-up or Investor Visa Program. This Canadian immigration program aims to increase the number of jobs in Canada as well as find new innovative ways to do so and in turn, help boost the Canadian economy. There are basic business criteria that must be adhered to in order to qualify. This includes:
- A letter of support from your designated organisation
- Meet language requirements
- Have sufficient settlement funds.
2. Provincial Nominee Program - Entrepreneur Streams
If the Start-up Visa option is not right for your sustainable business, you could take a look at some options for business immigration to Canada under specific Provincial Nominee Programs (PNPs). Almost all of Canada’s 11 provinces and territories have at least one or more business or entrepreneur streams. These streams are designed to help address the need for innovation in businesses that can help uplift the Canadian economy and create new jobs in Canada.
Ready to bring your sustainable business venture to Canada? Simply click the link below to start the process.
How We Can Help You Be the Change
Navigating the Canadian immigration system can be a bit tedious, with a copious amount of forms and documents to complete and strict submission dates, we wouldn’t blame you if you felt apathetic about getting started on your application. But that's what we’re here for. At Canadian Visa, we take the stress and hassle out of your business immigration application to Canada. Our accredited RCICs (Regulated Canadian Immigration Consultants) are ready to evaluate your eligibility, review all documentation and submit all documentation on your behalf. Using an RCIC not only gives you the best possible chance of receiving an ITA but will make the entire visa application process to immigrate to Canada simple and stress-free.
We handle the paperwork while you focus on your new Canadian business venture. All you have to do is complete our online form and we’ll take care of the rest. It's just that simple.
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