whereTOemigrate
Get your free results
CA country scene

Yukon Nominee Program - Business Nominee Program

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?

The Yukon Business Nominee Program is the route for immigrating to the Yukon as an entrepreneur, as distinct from the Yukon Nominee Program route for workers. The applicant starts a new business or buys an existing Yukon business, must manage it and must hold a National Occupational Classification (NOC) TEER 0 or 1 position within it.

See recorded sources
Limits of the record
  • the citation identifies the programme as the entrepreneur route and nothing more: it does not say whether it is for founders, buyers of an existing business, self-employed people or company owners
  • the two entries are links; the Yukon Business Nominee Program's own pages, including its eligibility requirements, are not in the capture set
  • chars 134-520
    Learn about immigrating to the Yukon as: - a worker under the [Yukon Nominee Program](https://yukon.ca/en/yukon-nominee-program) (YNP); or - an entrepreneur under the [Yukon Business Nominee Program](https://yukon.ca/en/immigration/yukon-business-nominee-program/apply-run-your-own-business-yukon-foreign-entrepreneurs "Apply to run your own business in Yukon (foreign entrepreneurs)")
  • chars 2528-3319
    ### Your proposed business must: - be a new business or a purchase of an existing Yukon business; - be managed by you; - not be a passive investment; and - belong to any of the following strategic sectors: - Information technology - Manufacturing - Value-added processing - Forestry - Tourism product, attraction, service and facility - Energy - Mining or mineral development - Agriculture - Cultural industry - Film and video production ### Your proposed business must not belong to any of the following ineligible sectors and activities: - Passive investments - Retail, wholesale operation, distribution operation - Restaurant - Financial service - Business, consultation and personal service - Most professional service - Real estate - Holding company - Gas station
  • chars 1685-2060
    - Hold a position within your business of [National Occupational Classification (NOC)](https://www.canada.ca/en/immigration-refugees-citizenship/services/immigrate-canada/express-entry/eligibility/find-national-occupation-code-2021.html#wb-auto-4) TEER 0 or 1; - Have not yet purchased or started your business in the Yukon at the time of your application to the program; and
  • chars 604-890
    - Have at least a high school diploma. If your business requires more education, you must also provide proof of these credentials. - Have at least 3 years of entrepreneurial or business management experience; - Have at least 5 years of work experience that is relevant to your business;
  • chars 631-925
    Applications that meet the eligibility requirements and have a minimum score of 65 points enter a pool of potential candidates for 6 months if your business concept is approved. Meeting the eligibility requirements and the minimum score, however, does not guarantee acceptance into the program.
  • chars 2560-2726
    We'll invite only candidates selected from the pool to submit documents to verify the information contained in the original application and assess your business plan.

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

The proposed business must be a new business or the purchase of an existing Yukon business, must be managed by the applicant and must not be a passive investment, and it must belong to one of ten listed strategic sectors: information technology; manufacturing; value-added processing; forestry; tourism product, attraction, service and facility; energy; mining or mineral development; agriculture; cultural industry; and film and video production. The listed ineligible sectors and activities are passive investments; retail, wholesale or distribution operations; restaurants; financial services; business, consultation and personal services; most professional services; real estate; holding companies; and gas stations. The applicant must hold a National Occupational Classification (NOC) TEER 0 or 1 position within the business and must not yet have purchased or started the business in Yukon at the time of application, and must have at least a high school diploma (with proof of further credentials if the business requires more education), at least 3 years of entrepreneurial or business management experience and at least 5 years of work experience relevant to the business. Entry to the candidate pool requires the business concept to be approved, and the business plan itself is assessed only after a candidate is selected from that pool.

See recorded sources
Limits of the record
  • Yukon says the business plan is assessed after selection from the pool, but neither captured page states what that plan must contain.
  • Neither captured page states any job-creation, employment or revenue obligation for the business.
  • Both pages defer fuller detail to the Yukon Business Nominee Program Policy, which is not among the captures.
  • chars 2528-3319
    ### Your proposed business must: - be a new business or a purchase of an existing Yukon business; - be managed by you; - not be a passive investment; and - belong to any of the following strategic sectors: - Information technology - Manufacturing - Value-added processing - Forestry - Tourism product, attraction, service and facility - Energy - Mining or mineral development - Agriculture - Cultural industry - Film and video production ### Your proposed business must not belong to any of the following ineligible sectors and activities: - Passive investments - Retail, wholesale operation, distribution operation - Restaurant - Financial service - Business, consultation and personal service - Most professional service - Real estate - Holding company - Gas station
  • chars 1685-2060
    - Hold a position within your business of [National Occupational Classification (NOC)](https://www.canada.ca/en/immigration-refugees-citizenship/services/immigrate-canada/express-entry/eligibility/find-national-occupation-code-2021.html#wb-auto-4) TEER 0 or 1; - Have not yet purchased or started your business in the Yukon at the time of your application to the program; and
  • chars 604-890
    - Have at least a high school diploma. If your business requires more education, you must also provide proof of these credentials. - Have at least 3 years of entrepreneurial or business management experience; - Have at least 5 years of work experience that is relevant to your business;
  • chars 631-925
    Applications that meet the eligibility requirements and have a minimum score of 65 points enter a pool of potential candidates for 6 months if your business concept is approved. Meeting the eligibility requirements and the minimum score, however, does not guarantee acceptance into the program.
  • chars 2560-2726
    We'll invite only candidates selected from the pool to submit documents to verify the information contained in the original application and assess your business plan.

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

The applicant must have a net worth of at least CAD 500,000 and a minimum of CAD 300,000 in liquid assets, which includes cash, bonds and cash derivatives; for both, the applicant must have documentation and verification by a Yukon accounting firm that the money was obtained through legal means. The applicant must also show how at least CAD 300,000 will be invested in capital investments for the business in the first 2 years. Capital investments made before acceptance into the Yukon Business Nominee Program do not count. Capital investments include purchases such as property or equipment, and exclude purchases such as a house, vehicles that are only partially for the business, and operational or maintenance expenses.

See recorded sources
  • chars 1139-1520
    - Have a net worth of at least CAD $500,000. You must also have documentation and verification by a Yukon accounting firm that you obtained it through legal means; - Have a minimum of CAD $300,000 in liquid assets. This includes cash, bonds and cash derivatives. You must also have documentation and verification by a Yukon accounting firm that you obtained it through legal means;
  • chars 2061-2501
    - Show how you will invest at least CAD $300,000 in capital investments for the business in the first 2 years. - This does not include any capital investments made before your acceptance into the Yukon Business Nominee Program. - Capital investments include purchases such as property or equipment. It does not include purchases such as a house, vehicles that are only partially for the business and operational or maintenance expenses.

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

The holder manages and invests in their own business in Yukon and must hold a National Occupational Classification (NOC) TEER 0 or 1 position within it; the business must not be a passive investment and must belong to one of the listed strategic sectors, and passive investments, retail, wholesale and distribution operations, restaurants, financial services, business, consultation and personal services, most professional services, real estate, holding companies and gas stations are ineligible. The applicant must agree to live in Yukon with dependents, if applicable, and during the 2-year work permit Yukon expects the applicant to establish themselves, their family and the business there.

See recorded sources
Limits of the record
  • The captures require the applicant to live in Yukon with dependents and say Yukon expects the family to be established there, but never state what status, permit or work rights accompanying family members receive.
  • No capture states whether the holder may carry out any work or activity outside their own business.
  • chars 2528-3319
    ### Your proposed business must: - be a new business or a purchase of an existing Yukon business; - be managed by you; - not be a passive investment; and - belong to any of the following strategic sectors: - Information technology - Manufacturing - Value-added processing - Forestry - Tourism product, attraction, service and facility - Energy - Mining or mineral development - Agriculture - Cultural industry - Film and video production ### Your proposed business must not belong to any of the following ineligible sectors and activities: - Passive investments - Retail, wholesale operation, distribution operation - Restaurant - Financial service - Business, consultation and personal service - Most professional service - Real estate - Holding company - Gas station
  • chars 1521-2060
    - Intend to permanently live in Yukon; - Agree to live in the Yukon with dependents, if applicable, while managing and investing in your own business in the Yukon; - Hold a position within your business of [National Occupational Classification (NOC)](https://www.canada.ca/en/immigration-refugees-citizenship/services/immigrate-canada/express-entry/eligibility/find-national-occupation-code-2021.html#wb-auto-4) TEER 0 or 1; - Have not yet purchased or started your business in the Yukon at the time of your application to the program; and
  • chars 2844-3130
    If we approve your application after the interview, we'll support you in getting a 2-year work permit from the federal government. This will help you start your new business in the Yukon. During this time, we expect you to establish yourself, your family and your business in the Yukon.

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 applicant submits a complete, original signed application in person in Whitehorse or by mail to Government of Yukon, Economic Development; Yukon reports the decision within 12 to 14 weeks, and processing times increase with the volume of applications received. Applications that meet the eligibility requirements, have a minimum score of 65 points and an approved business concept enter a pool of potential candidates for 6 months, which does not guarantee acceptance into the programme. Only candidates selected from the pool are invited to submit documents verifying the original application and to have the business plan assessed; those who meet the requirements are invited to an exploratory trip and an in-person interview in Yukon. If approved after the interview, Yukon supports the applicant in getting a 2-year work permit from the federal government, and at the end of that period supports the applicant's permanent residency application to the federal government if the requirements are met. The official source does not state how the work permit is renewed.

See recorded sources
Limits of the record
  • The captures never state how the 2-year work permit is renewed or extended, or what happens if the business is not established within it.
  • The captures do not say what happens when the 6-month pool period lapses without an invitation.
  • chars 1681-2398
    ## How to apply 1. Complete the [application](https://yukon.ca/en/yukon-business-nominee-program-application-form). 2. Complete the [Use of a Representative form](https://www.canada.ca/en/immigration-refugees-citizenship/services/application/application-forms-guides/use-representative.html) (IMM 5676) if you're representing a client. 3. Submit the complete and original signed application. In person: 303 Alexander Street, 1st floor in Whitehorse, Yukon. Mail: Government of Yukon Economic Development (F-1) Box 2703 Whitehorse, Yukon Y1A 2C6 4. We'll contact you within 12 to 14 weeks with the decision of your application. Processing times increase depending on the volume of the applications we receive.
  • chars 631-925
    Applications that meet the eligibility requirements and have a minimum score of 65 points enter a pool of potential candidates for 6 months if your business concept is approved. Meeting the eligibility requirements and the minimum score, however, does not guarantee acceptance into the program.
  • chars 2400-3284
    ## Next steps 1. Applications that meet the program's requirements and have a minimum score of 65 points enter a pool of potential candidates for 6 months. 2. We'll invite only candidates selected from the pool to submit documents to verify the information contained in the original application and assess your business plan. 3. We'll invite you for an exploratory trip and an in-person interview in the Yukon if you meet the requirements. 4. If we approve your application after the interview, we'll support you in getting a 2-year work permit from the federal government. This will help you start your new business in the Yukon. During this time, we expect you to establish yourself, your family and your business in the Yukon. 5. We'll support your permanent residency application to the federal government at the end of the 2-year work permit period if you meet the requirements.

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