What are the main differences between the federal and Quebec investor programs?
In terms of the investment, in case of the federal investor program, CIC will take the investment money and distribute it among different provinces and territories that participate in the program. After the five year period, the provinces and territories will return the investment money to CIC who will in turn repay the money back to the investor. With the Quebec investor program the investment money has to be deposited into a Quebec approved trust company authorized by the Quebec government to participate in the Quebec investor program. Applicants with management experience can qualify under either the federal investor or the Quebec investor program, however, the Quebec investor program also accepts management experience in government organizations.
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- What are the main differences between the federal and Quebec investor programs?
