What investment, capital, income, revenue, funding or viability evidence is central to this pathway?
A minimum investment of CAD 300,000 is required and must go into eligible tangible assets as defined by the MPNP; investment into a farm business run mainly for passive investment income or for speculation is not eligible. A farm business plan is an integral part of the application, the farm business must be in active primary agriculture production and economically viable, and the applicant must have a minimum net worth of CAD 500,000.
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- chars 2997-4419
Farm Business Investment
You must invest a minimum of $300,000 CAD. You are expected to establish a farming business in rural Manitoba.
Farm business investments must be in eligible tangible assets as defined by the MPNP.
A farm business plan is required and is an integral part of the application.
Investments into a farm business operated primarily for the purposes of deriving passive investment income or speculative purposes are not eligible.
Farm Business Research Visit
You must conduct a farm business research visit to Manitoba.
Farm Business Activities
A farm business entity should have ongoing and recurring business activities in rural Manitoba.
You are required to live on the farm and actively participate in the management of the farm business on an ongoing basis from within Manitoba.
The farm business must be in active primary agriculture production and economically viable.
The MPNP requires you to conduct value-added farm business activities in Manitoba. Purely speculative activities or the use of third-party farm managers are not eligible under the MPNP.
Economic Establishment Adaptability
You must demonstrate adaptability, specifically relating to practical farming skills, technical knowledge and experience in technological based farming practices that will transfer directly to Manitoba’s current primary farm production industry.
Net Worth
You must have a minimum net worth of $500,000 CAD.