At a press conference in Beijing, Tuesday, March 4, 2014 a group of Chinese millionaires made a plea to the Canadian government to stop its plans to end its backlogged investor immigrant program and eliminate thousands of applications from Chinese nationals.
Photo Credit: Andy Wong/AP

Chinese millionaires angry over cancelled Canadian immigrant program


A group of Chinese millionaires upset by a Canadian government decision to stop an immigrant investor program, have called on Canada to reverse its decision in a press conference in Beijing on Tuesday (March 4).

“The applicants have submitted their applications in good faith and submitted their fees. There is a reasonable expectation that this is a business transaction, and that they will be processed,” said Victor Lum, vice-president at Well Trend United Consulting, according to the Globe and Mail newspaper. The Beijing immigration agency helped to co-ordinate those speaking out against Ottawa’s decision.

In a statement, Citizenship and Immigration Minister Chris Alexander defended the government’s overhaul: “We will not waste taxpayers’ dollars on programs that do not meet their objectives, are vulnerable to abuse, or do not promote Canadian interests.”

Remi Lariviere, a spokesman for Citizenship and Immigration, told Global News that there are other pathways to permanent residence, including the federal skilled worker and federal skilled trades programs.

“We understand that IIP applicants affected by these measures will be disappointed,” he said, adding that Ottawa will return the full amount of fees paid by the Chinese immigration hopefuls. “We feel this is the fair and just thing to do.”

Applicants to the Immigrant Investor Program (IPP) had to have a net worth of 1.6 million Canadian dollars and invest $400,000, or $800,000 if they applied after 2010, which would be returned after about five years without interest.

More information:
Globe and Mail – Rich Chinese angry over cancelled Canadian immigrant program – here
Associated Press – Chinese Plead for Canada to Let Them Immigrate – here
Global News – Chinese millionaires complain after Tory immigration changes – here
RCI – Fast-track entry to Canada for wealthy immigrants scrapped – here
Citizenship and Immigration website – information on programs – here

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Posted in Economy, International, Politics, Society

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9 comments on “Chinese millionaires angry over cancelled Canadian immigrant program
  1. Calgaryrae says:

    As a Canadian I want to offer my observations of the changes people wanting to come, reside or live in Canada face today. It is now easier to become American. It is easier to visit Canada then ever before but forget becoming a citizen unless you meet the criteria and then pass the lottery type stage. Meaning just because you have the points doesn’t mean you will get accepted. There are many ways to come and Canada wants immigrants who grow our economy always have but so many want to come now that the government can pick and choose and they do. Now it is a business and if you don’t appear to be a contribution to the business of government you get deported to the tune of 12 thousand per year now. What you do before you apply and while you reside here are now the most important. Don’t learn the language or get a job, collect welfare or not file taxes and your application isn’t as important as those who do those things. The new laws actually make it an impossibility now to come as an economic migrant unless you speak English or French. No longer will those people be accepted. Only a few war ravaged will be accepted and they will be denied citizenship or decent health care and eventually returned home. The government will happily take your money but believe me when I say the citizens of Canada don’t benefit from that money. We are facing the biggest cuts and recession we have ever seen with over a million unemployed, cuts to health care and Canadian children going hungry in one of the most educated countries on earth. We no longer have a middle class and frankly we cannot support any more poeple as long as those we have go without a job and basics.

  2. PVAND says:

    As these persons already know, once they get citizenship in a second country, they are no longer ‘chinese’ the high price of selling ones birthright…call yourselves something elsse…if there is a word for chinese high treason and abandonment o f mother nation

  3. Santosh Indore says:

    Dear sir,

    I am from India and also victim of Canada Immigration .
    I applied in 2004 and in my file no. document send by CHC is written that it will take 33 months.I paid around 2000$ to Canadian Agent Mr.Satish Nandre( Director of Amey Worldwide Int. Pvt.Ltd).But till date no reply from CHC and suddenly in 2012 they said they will terminated pre 2007 files because of backlog which is funny reason.
    I asked agent he was assuring me that I will get visa any cost .And suddenly he closed down his India Operation without any notice and like a cheater ran back to Canada.
    So I collected around 13 people and lodged FIR at local police .

    Please tell me don’t your government have people to work ?
    Why did they collected Visa Processing fees from me and others is your govt. is need it .And important they return same amount.Don’t your government feel ashamed that they are using and still surviving on my money.
    Is people in Canada are Beggars, If not return my money with compensation.
    You people don’t have guts to find some other good way to earn money .
    Like Govt. is like people
    All the people are giving bad blessing to Canada.
    And I wish the downfall of Canadian Economy and its Status and Culture

    I hope you will published it ………………..

  4. Robert collier says:

    Don’t we have enough Asian & South Asians in Canada?Have the government been in Richmond,BC or Surrey BC…these areas are becoming colonies for Asians.Stop selling our country and stop issuing visas and citizenship to anything.

  5. george jost says:

    I’m confused. These people were investing about one million dollars for 5 years without getting any interest back? How could such a program not benefit Canada? Does that mean, the government doesn’t know how to invest the money in question. I’m further confused about what looks like bad faith trading. Again, you promised somebody something, you took their money and then after already taking their money, you give it back? People with this much money don’t sound likely to become tomorrow’s welfare cheats to me. I’m not saying whether the program was “good” or “bad” but only that the government should deal with people in good faith. If you take somebody’s money under promise, you’ve made a deal. Those people could have invested the money elsewhere. In effect, Canada is stealing from those people.

    • pat says:

      A country is NOT A BUSINESS. If the Canadians do not want these people then they have no right to go.

      • LARY says:

        Canada has no benefits for these people to enter canada – they work under table and makes canada loss billions dollars after – we have enough chinese – no more please.

        • Chinh Nghia says:

          As you know, anywhere and any big cities on this world is full of Chinese people and Chinese town….
          Because China wants to occupy the whole World! That’s China’s Dream.
          Stop! No more Chinese, please!
          -Say NO “MADE IN CHINA”, NO “Made in CN”, NO “Products of China”
          Boycott Chinese goods!
          Boycott Chinese movies!
          Do not travel to #China!