On December 16, 2014, Citizenship and Immigration Minister Chris Alexander (the "Minister") announced that Canada will unveil its Immigrant Investor Venture Capital Pilot Program (the "IIVC") at the end of January 2015. The IIVC is designed to attract experienced business immigrants who will actively invest in the Canadian economy and will be available to approximately 50 investors and their families (presumably each year). Although full details of the IIVC have not been announced yet, what is known so far is summarized below.
