Canadian Investor Immigration Class Action Dismissed: What Should Investors Do Next?

Canadian Investor Immigration Class Action Dismissed: What Should Investors Do Next?

Canadian Investor Immigration Class Action Dismissed: What Should Investors Do Next? Find the best immigration news on the Worldway Immigration official website.

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According to the latest news from Worldway Immigration: As reported by the Canadian newspaper Sing Tao Daily, after the Federal Court dismissed the lawsuit filed by 94 applicants whose investor immigration applications were terminated by the "one-size-fits-all" policy last month, their Toronto immigration lawyer stated that he has officially filed an appeal with the Federal Court of Appeal. If successful, the ruling could apply to over 1,400 other investor immigrants who joined the lawsuit earlier, the vast majority of whom are of Chinese descent.
 
The lawyer pointed out three reasons why the case might be appealed to the Supreme Court of Canada: first, the judge's reliance on Section 87.3 of the Immigration and Refugee Protection Act (IRPA) regarding the Parliament's absolute authority to delegate immigration powers may be unconstitutional, as Parliament may not relinquish such power; second, the federal immigration program may provide $1.5 billion annually to Quebec, which could be considered unfair to other provinces, potentially leading other provinces to join the lawsuit; and third, whether the federal government's treatment of foreign nationals violates the Canadian Charter of Rights and Freedoms.
 
Canada's "one-size-fits-all" termination of the investor immigration policy has been difficult for many investors to accept. Some Canadian applicants remain in limbo, waiting for slim chances. Worldway Immigration experts believe that Canada's investor immigration policy is complex and volatile, with a concerning outlook. To achieve their immigration dreams, investors may consider alternative investment immigration programs with higher viability, such as those in Europe or the United States. The United States, as a neighbor to Canada, offers superior advantages in terms of national strength, medical benefits, education quality, investment amounts, and approval rates; currently, half of Canadian investors have shifted to the U.S. EB-5 program. Additionally, European countries are excellent choices for a second home, praised by investors for their beautiful scenery, pleasant climate, EU benefits, short application times, and fast approval speeds. In recent years, Portugal, Cyprus, Greece, and Spain have become popular choices for European investment immigration.
 
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