Before the reopening of the Quebec channel, Canada's Minister of Citizenship and Immigration Chris Alexander stated in a previous interview that the price of the federal channel is adjusted according to the application situation. A price adjustment has already been completed, increasing from CAD 400,000 to CAD 800,000. However, this amount is not considered a high threshold compared to other countries. More importantly, the investment thresholds set by other countries are not only high but also do not guarantee the return of the investment, or only grant temporary residency after the applicant invests the funds.
In anticipation of this, the application conditions for reopening next year may be significantly increased—household net worth requirements may rise from CAD 1.6 million to CAD 4 million, and the investment amount may increase from CAD 800,000 to CAD 2 million. In response, Chris stated that there will definitely be quotas released for investment immigration categories when the federal application channel reopens next year. Specific policies will be decided after the immigration bureau's meeting on November 1.
In addition to federal investment immigration and Quebec investment immigration, Canadian investment immigration channels also include the "Provincial Nominee" program. Its investment threshold is slightly lower than that of the federal and Quebec programs, but there are management and language requirements. Currently, with both the federal and Quebec channels closed, the advantages of the "Provincial Nominee" program are evident. Two key factors affecting the speed and success rate of "Provincial Nominee" applications are inventory and quotas. Therefore, timing is a critical factor when applying for the "Provincial Nominee" program. Currently, the nominations for Prince Edward Island and New Brunswick have closed due to a surge in applications influenced by the policies of Quebec and the federal government, making British Columbia the only available investment immigration project, which is the best choice for investors to catch the last train of the 2013 Canadian immigration policy.