Thank you for the supplementary question, Mr. Vice-Chair, Madam Chair.
What I'm proposing is actually not a new idea. This is a proven business model that has been working and functioning in Quebec since 2015.
It all depends on how we coordinate this operation. This is not simply issuing visas for immigrant entrepreneurs to come in and settle. There's an existing entity in Quebec, which was put in place by the Quebec government in 2015, and this organization is a non-profit organization called
CTEQ, which stands for Centre de transfert d'entreprise du Québec.
Basically what they do is business matchmaking. From the initial source country all the way to the destination of the rural region in Canada, in Quebec, what they do is actually identify the investor. They identify the company that needs to be transferred, and all along the course of the operation, they do coordination. The people are certified before they come. The matchmaking is done. The financial aspects.... Everything has been studied prior to their arrival. What we need is a similar entity in Canada.
There should be a “CTEC”, which would stand for Centre de transfert d'entreprise du Canada.
This could be done along the line with existing organizations like the Canadian Federation of Independent Business, community shares and the BDC. We don't need to reinvent a new entity; we can integrate this successful business model into any existing federal organization.