Citizenship and Immigration committee  Yes.

Citizenship and Immigration committee  No, it's afterward.

Citizenship and Immigration committee  No, it goes to the Receiver General for Canada. After that, they will go back to CIC and they will split the money among the different participating provinces. We actually now have six provinces participating in the program, and they share the $400,000 for five years. Each provin

Citizenship and Immigration committee  There are two parts to your question. In fact, unlike the other provinces with the Provincial Nominee Program, Quebec has a system with a good level of due diligence. I think that Quebec is doing an excellent job of selecting candidates. There are specialized business people, th

Citizenship and Immigration committee  It is a little difficult to speed up the process. In fact, we must ensure fairness for all immigrant classes in relation to security. That is important. However, overall, immigrant investors are typically about 50 years old; they are not 30-year-old millionaires. As I mentioned

Citizenship and Immigration committee  There are several factors for this, the first perhaps being the global economic situation. Unfortunately, for some investors, one of the criteria is proving a minimum net worth of $800,000. And some investors have seen the value of their assets drop below the $800,000 mark. This

Citizenship and Immigration committee  If you wish, I could add to that. With regard to the wait times in Quebec compared to those at the federal level, it is important to understand that the two systems differ. In Quebec, a process was established under the Canada-Quebec Accord: the provincial government pre-selects

Citizenship and Immigration committee  That depends on the mission and the candidates. However, in general, we tell our candidates around the world not to call us for two years for their permanent residence visa. Otherwise, we would be giving them false hope.

Citizenship and Immigration committee  The CSQ can be issued. This is one of our recommendations, that when a candidate has been selected, the federal government be responsible only for the medical exam and the security check. This process could be expedited, which would promote investments and encourage people to com

Citizenship and Immigration committee  There are two tables at the top.

Citizenship and Immigration committee  In the top right corner, it says “Federal”?

Citizenship and Immigration committee  Thank you, Mr. Chair. My name is Marc Audet, and I have been vice-chair of the Investor Immigrant Program at Desjardins Trust since 1995. I have a team of 30 people who work on this program, and this team is in direct contact with clients from 70 different countries. I thank you

Citizenship and Immigration committee  Very well. On the first table, you will find an overview of the Investor Immigrant Program since 2006. In the last few years, for Quebec and federal cases combined, there have been between 9,000 and 10,000 applications from investor immigrants per year from all over the world. T

Citizenship and Immigration committee  It's still on the first table.

Citizenship and Immigration committee  I can certainly come and help you individually later on. I would like to echo what Imran mentioned earlier: the federal government does indeed make 2,000 decisions per year. That is somewhat comical. In other words, with the federal program's annual goal of 2,000, the higher the