whereTOemigrate
Get your free results
CA country scene

Northwest Territories Nominee Program - Business Stream

CanadaStarting a business

Explore the five recorded questions, answers and sources for this pathway.

Official link

Get your free results Read the five questions ↓

Is this for a founder, startup entrepreneur, self-employed person, freelancer, company owner or another business profile?

To immigrate through the NWT Nominee Program a person must either hold a valid full-time and permanent job offer from an NWT employer or be prepared to open, purchase or invest in a business in the NWT; the programme has three streams — Employer-Driven, Francophone and Business.

See recorded sources
Limits of the record
  • the citation states the programme-level business option (open, purchase or invest in a business); it does not say which business profiles the Business Stream itself accepts, nor whether the owner must manage the business
  • the capture is a news release about the Employer-Driven Stream's new intake, not the Business Stream's own page
  • chars 4048-4319
    To immigrate through the NWT Nominee Program, you must have a valid full-time and permanent job offer from an NWT employer or be prepared to open, purchase, or invest in a business in the NWT.  The program offers three streams: Employer-Driven, Francophone, and Business.

What must actually exist or be demonstrated: business plan, company, innovation, clients, contracts, economic activity, job creation or other substance?

The applicant must show reasonable knowledge and understanding of the Northwest Territories and its economy, reasonable communication skills appropriate to conducting business there and to integrating into the local community, and the experience and education needed to implement the business plan successfully.

See recorded sources
Limits of the record
  • The criteria measure the applicant's capacity to implement a business plan; the page does not say what the plan must contain, and requires no clients, contracts or job creation.
  • The business plan itself is named only as a submission in the How to apply section, which this citation does not carry.
  • chars 3153-3518
    You must demonstrate reasonable knowledge and understanding of the Northwest Territories and its economy You must demonstrate reasonable communication skills appropriate to conduct business in the Northwest Territories and to integrate into the local community; You need to have the necessary experience and education to implement the business plan successfully

What investment, capital, income, revenue, funding or viability evidence is central to this pathway?

A committed equity investment of at least CAD 200,000 to start or buy a business within the corporate boundaries of Yellowknife, or at least CAD 100,000 outside them. The applicant must own at least 33.3% of the business unless the personal equity investment is at least CAD 1,000,000, in which case a smaller share is allowed, and must prove a personal net worth of at least CAD 500,000 inside Yellowknife or at least CAD 250,000 outside it.

See recorded sources
  • chars 1673-2495
    Applicants must commit to investing: A minimum of $200,000 CDN equity* into starting or buying a business within the corporate boundaries of Yellowknife, Northwest Territories; or A minimum of $100,000 CDN equity* into starting or buying a business outside of the corporate boundaries of Yellowknife, Northwest Territories. You must demonstrate you own at least 33.3% of the business, unless your personal equity investment is at least $1,000,000 CDN, in which case you may own less. You must also provide proof that you have a personal net worth of: At least $500,000 CDN if starting or buying a business within the corporate boundaries of Yellowknife, Northwest Territories; or At least $250,000 CDN if starting or buying a business outside the corporate boundaries of Yellowknife, Northwest Territories.

What business/self-employed activity may the holder conduct? Are there important restrictions? What is the family position where clearly stated?

The checked official sources did not provide enough route-specific evidence to confirm the business activity the holder may carry out, its restrictions and the family position.

What approval/application sequence applies, how long is the status granted, how is it renewed, and what longer-term residence direction is officially stated?

The Northwest Territories Nominee Program allows the Government of the Northwest Territories to nominate foreign nationals for permanent residency who intend to live and work in the NWT and meet territorial labour-market needs. The official source does not state the Business Stream's application sequence, the status granted, its duration or renewal.

See recorded sources
Limits of the record
  • the citation is the programme-level 'quick fact'; it does not set out the Business Stream's own application sequence, the status granted, its duration or renewal
  • the release states separately that the Business Stream remains first-come, first-served and outside the Expression of Interest process, but not what happens after an application is approved
  • chars 5468-5660
    The Northwest Territories Nominee Program allows the GNWT to nominate foreign nationals for permanent residency who intend to live and work in the NWT and meet territorial labour-market needs.

These are the answers currently recorded in the catalogue. A missing or partial answer is not an eligibility decision.

Explore more pathways in Canada · All pathways

Your story.
Your next step.

Get your free results