About Canada
Canada is a country with abundant natural resources. It is occupying roughly the upper half of North America, extending from the Atlantic Ocean in the east to the Pacific Ocean in the west and northward into the Arctic Ocean. It is the world's second largest country by total area and shares the world's longest common border with the United States to the south and northwest. Canada has a population of 32,550,000. Among them, 59% of which is English, 24% French and the rest 17% are mostly immigrants from different part of the world. The population is mainly concentrated on the south, east and west. The province of Ontario and Quebec had already absorbed 62.4% of the whole population leaving a vast area in the north that is yet to be developed. As Canada is a multi-cultural nation, quite a significant number of immigrants moved in from Asia, The Middle East and India to settle here. The official languages are English and French. Chinese has become the third mostly spoken language other then the official languages; 3% of the total population is Chinese speaking.
Canada is an ethnically diverse country with a mature social security system. Its people, regardless of races, settled harmoniously with each other. Support for religious pluralism is an important part of Canada's culture. Major religious groups are Catholic (43.6%), Protestant (29.2%) and Muslim (1.9%). The government pours in a lot of resources into their education system to ensure a high quality of national education. Among OECD and the 7 prominent industrial countries in the world, Canada puts in the most resources in education as per citizen.
Canada comprises of 10 provinces and 3 territories with Ottawa as the capitol and administrative center. The region also attracts high-tech industries. Quite a variety of high-tech companies has already come in and settle here. It is highly possible that the region will become the next Silicon Valley in the north. Other than the capitol itself, respective provinces also encourage industrial/commercial development in their region. These include Toronto, Montreal, Halifax, Winnipeg, Vancouver, Regina, Calgary and Edmonton. Other than the 3 territories which are far away and sparsely populated, the 10 provinces welcome overseas industrial/ commercial entities to participate in their economic development and thus creating employment opportunities.
Economic Overview
Gross domestic product: US $ 1.1296 trillion (2005)
Average per capita income: US $ 27,242 (2005)
Wholesale price index inflation rate: 2.6% (2005)
Consumer price index inflation rate: 2.2% (2005)
Economic growth rate: 2.9% (2005)
Industrial growth rate: 2.0% (2005)
Unemployment rate: 6.1% (2006.5)
The central bank discount rate: 3.75% (2006.3)
Exchange rate: US $ 1 = C $ 1.1216 (2005 annual average)
Foreign exchange reserves: US $ 32,136 million (2006.3)
The 10 most valued investment projects are
- Aviation
- Agriculture
- Automobile
- Biological Science
- Chemistry
- Communication
- Medical Appliances
- Petroleum and natural gas
- Medical
- Plastic
Immigration Categories
Business Immigration
1.Investment
‧Under this category, an investor makes investment in Canada but would not be engaged in the running of any business here. The Investor must have experience in the management of a business (a sole proprietorship, a partnership or joint venture or a corporation)
‧Have a legally obtained net worth of at least CAN $800,000
‧Your investment is managed by Citizenship and Immigration Canada (CIC) and is guaranteed by the Canadian provinces that use it to create jobs and help their economies grow
‧Not subject to program conditions and with higher flexibility
2.Entrepreneur
‧This category is for the business persons who have the intention and ability to own and actively manage businesses in Canada
‧The entrepreneur must own and actively manage a qualifying Canadian business for two year after becoming a permanent resident
‧The business must have created the equivalent of at least one full-time job for a Canadian citizen or permanent resident
‧The entrepreneur and his/her family members are subject to program conditions
3.Self-employed
‧This category is for applicants who have the intention and ability to become self-employed in Canada.
‧Self-employed persons are required to have relevant experience that will make a significant contribution to the cultural life of Canada
‧Do not required to create job opportunities for the local market
‧Not subject to program conditions
4. Provincial nominees
‧Applicants must be nominated by a Canadian province or territory and have the skills, education and work experience needed to make an immediate economic contribution to the province or territory that nominates them.
Skilled workers
‧This category is for skilled worker or professional who has experience in the specific skill types on the Canadian National Occupational Classification list
‧The eligibility to apply as a skilled worker will be assessed on six selection factors and a point system based on the applicant’s education, ability in English and/or French, experience, age, arranged employment in Canada and adaptability.
‧The pass mark of the point system is 67. 5 point will be gain if you have a relative who is residing in Canada and is a Canadian citizen or permanent resident
Family class
‧A Canadian citizen or a permanent resident of Canada can sponsor his/her spouse, common-law partner, conjugal partner, dependent child (including adopted child) or other eligible relative (such as a parent or grandparent) to become a permanent resident.
‧The sponsorship application must be sent by the sponsor resides in Canada
‧The application and supporting document of the sponsored family members can be prepared outside Canada
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