– Qualifying Canadian business –

Qualifying Canadian business is a business operated in Canada in any year within the three-year period after arrival as a permanent resident for which the entrepreneur can provide documented proof of any of the following:
  1. 1. the percentage of equity multiplied by the number of full-time job equivalents is equal to or greater than two-full-time job equivalents per year
  2. 2. the percentage of equity multiplied by the total annual sales is equal to or greater than $250,000 CDN
  3. 3. the percentage of equity multiplied by the net income in the year is equal to or greater than $25,000 CDN
  4. 4. the percentage of equity multiplied by the net assets at the end of the year is equal to or greater than $125,000 CDN