Maple News reports that immigrants who become permanent residents through the Provincial Nominee Program (PNP) and the Canadian Experience Class (CEC) tend to achieve better outcomes in Canada’s labour market compared to those who enter via the Federal Skilled Worker Program (FSWP) or the Quebec Skilled Worker Program (QSWP). This […]
Starting a Small Business in Canada: A Practical Guide for Newcomers
- Maple News
- September 11, 2025
- 0
Launching a business in a new country can be both exciting and challenging. For newcomers to Canada, understanding the local business landscape is key to a successful start. From legal requirements to accessing financing, taking a strategic approach can help pave the way for entrepreneurial success. Maple News offers a practical guide for immigrants who are considering small business ownership in Canada. One of the first steps is confirming your eligibility to operate a business. Depending on your immigration status, specific permissions or licenses may be required. Some professions are regulated at the provincial level and may require additional certification. It's crucial to verify your work authorization and consult government resources to ensure compliance. Next, start with a detailed business plan. This document should define your goals, financial projections, and business structure—be it a sole proprietorship, partnership, or incorporated entity. Market research is also important: understanding customer demand, local competition, and industry trends can help assess your business idea’s viability. If you're aiming to grow a scalable, innovation-driven company, consider exploring the federal Start-Up Visa Program. This initiative connects immigrant entrepreneurs with designated organizations such as venture capital firms and incubators. With their support, and if approved, newcomers can access guidance and potential investment. Once your business plan is in place, it's time to take care of registrations and legal compliance. This includes obtaining a business number and registering federally or provincially. Depending on your industry and location, you may also need specific licenses or permits. Seeking legal advice early…
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