Recently, renowned Hollywood director James Cameron and his wife Suzy Cameron announced their investment in a pea processing plant located in Saskatchewan, Canada.
The Oscar-winning director appeared on Monday in the small town of Scoot, southwest of Saskatoon, Canada, claiming that he and his wife will establish Verdient Foods to develop the pea processing plant. The completed plant is expected to process 160,000 tons of organic peas. He stated that once operational, this factory will become North America's largest organic pea processing base.
Even a top Hollywood director like James Cameron, who has filmed blockbusters such as Titanic and Avatar, is investing in Saskatchewan, Canada. What is the charm of this remarkable province? Let's explore together.
Abundant Land
Saskatchewan is one of Canada's three prairie provinces, boasting vast and fertile land. Except for the large northern Arctic forests, most areas consist of fertile farmland. Nearly half of Canada's arable land is located in this province, making Saskatchewan a true agricultural powerhouse, known as the "Land of Plenty" and also referred to as Canada's "Breadbasket." Currently, Saskatchewan's agriculture is attracting significant attention from many Chinese immigrants, with numerous new immigrants investing in large tracts of farmland to become farmers.
Unlimited Future Economic Development Prospects
Saskatchewan is located in the fastest-growing economic region of Canada, with its GDP growth rate consistently exceeding the national average for over a decade. In the past three years, its annual GDP growth rate has ranked second and third among Canada's ten provinces. Unlike its wealthy neighbor Alberta, which relies solely on its oil economy, Saskatchewan's economy is supported by a robust structure comprising mining, energy, agriculture, technology, and forestry. Saskatchewan is also one of the regions in Canada with the highest concentration of high-tech industries. The city of Saskatoon is hailed as Canada's "Science City" and "Biotechnology Capital," with the power of technology providing continuous momentum for Saskatchewan's future economic development.
Low Consumption, Affordable Housing, and Low Business Costs
Saskatchewan is one of the cheapest places to live in Canada, with housing prices over 30% lower than in Toronto. Additionally, car insurance, medical insurance (free), and university tuition fees in Saskatchewan are the lowest in Canada.
A world-renowned accounting and consulting firm released an WorldWay cost guide, ranking Saskatoon and Regina as the 21st and 28th lowest cost cities among 98 surveyed cities in North America. This survey examined various factors related to investment, including labor, taxes, transportation, and interest costs.
Robust Public Healthcare and Education System
It is well-known that a sound healthcare and education system has always been one of the key reasons Canada attracts talent from around the world. As the birthplace of Canada's public healthcare system, Saskatchewan offers the highest coverage for public healthcare among its residents.
The University of Saskatchewan, located in the largest city of Saskatchewan, Saskatoon, is one of Canada's top ten universities and is the alma mater of two Nobel Prize winners and a former Canadian Prime Minister and Governor General. The University of Regina, located in the provincial capital of Regina, is also one of Canada's well-known comprehensive universities.
Welcoming New Immigrants from Around the World
Due to strong economic growth over the past decade, Saskatchewan's population growth has not kept pace with economic expansion. With the support of the Canadian federal government, Saskatchewan is attracting global investors through its investment immigration program. The advantages of the Saskatchewan investment immigration program, such as low investment amounts, low thresholds, significantly reduced EOI scores, and high application success rates, have attracted a large number of immigrant investors, making it one of the hottest immigration programs in Canada.
As one of the few convenient pathways to immigrate to Canada, the Saskatchewan investment immigration program has seen a significant decrease in the EOI selection system scores this year. After two consecutive reductions, the minimum EOI score has dropped from a previous peak of 120 points to 80 points. Consequently, the number of applicants has surged dramatically, with the number of selections increasing tenfold from 14 to 142 by May. In the latest EOI selection in July, the minimum score remained at 80 points, with an average score of 100 points. (See the chart below)
Historical Score Summary
(Important Note: The dates for the next two EOI selections have been set for October 18, 2017, and January 17, 2018. Interested clients should contact WorldWay Immigration as soon as possible to assist with visa applications to visit Saskatchewan.)
WorldWay Immigration experts indicate that the threshold for Saskatchewan investment immigration is continuously lowering, with decreasing educational and language requirements for investors. This has extended an olive branch to more investors, especially for small and medium-sized entrepreneurs, making it an excellent time to apply for Saskatchewan investment immigration to Canada.
As one of the top 500 immigration institutions in Asia, WorldWay Immigration Group has focused on overseas investment for 20 years, pioneering multiple industry-leading initiatives. WorldWay adheres to the philosophy of "service first, integrity in business," carefully selecting projects and providing professional services to clients, with successful cases spanning the globe.
In addition to the low-threshold and quick-access Saskatchewan investment immigration program, WorldWay Immigration Group has also launched high-quality projects such as Quebec investment immigration, Manitoba investment immigration, New Brunswick investment immigration, and Prince Edward Island investment immigration, assisting investors in successfully immigrating to Canada! For more details, please consult: 400-138-2929.