BUSINESS OPPORTUNITIES FOR IMMIGRANTS
Canada continues to show support for its Canadian citizens, permanent residents and small business owners.
Published by Zoom Start-Ups on 22nd September, 2021.
From the very beginning of the pandemic the government implemented relief to aid the business sector. The Prime Minister’s announced his initial $82 Billion Economic Response Plan to the COVID-19 pandemic. $27 billion would be allocated to help ease the financial strain and stress in which Canadian businesses and workers have found themselves.
Then there was the temporary 10% wage subsidy, small businesses eligibility for 75% of employee wages for up to 12 weeks, and the announcement of a 50% rent relief to commercial property owners if they agreed to offer a 75% discount in rent to its small business tenants as well as pledge not to evict any tenants during this 3 month period.
To top things off, small businesses also have access to a variety of interest-free loans, from various financial institutions to the value of $40,000 with up to $10,000 of debt being wiped clean if the loan is repaid by the end of December 2022. To find out if you qualify for any of the relief offered by the government contact our accredited consultant at Zoom Start-Ups.
These are just some of the few ways that Canada is taking care of its citizens and permanent residents. Isn’t this the type of environment that you would want for your new business venture? To find out more about business immigration to Canada and your options, simply contact Zoom Start-ups and speak to our qualified consultant.
Canada celebrates entrepreneurship, allowing start-ups to flourish, particularly immigrant and women-owned businesses, which make up a third of Canada’s small to medium-sized businesses. According to Statistics Canada, immigrant-owned businesses tend to create more jobs in Canada, even more so than businesses owned by Canadian-born owners. That is why at Zoom Start-ups we handle the necessary paperwork while you focus on your new Canadian business venture. Making getting your business ready simple for you!
Although Canada’s wholesale and retail sector declined slightly at the end of 2019, retail increased steadily month after month in 2020. Projections show that once the COVID-19 dust clears, you can expect a huge increase in wholesale and retail areas such as general merchandise, gasoline stations as well as motor vehicle and parts dealerships. There has also been a huge surge in the need for medical supplies as the Coronavirus pandemic continues to increase the demand worldwide.
Construction has been a steady investment for business investors and those considering business immigration to Canada. With new development projects nationwide comes the need for more construction companies to help carry the load and meet certain provincial and territory needs in Canada in both the commercial the residential sector.
At Zoom Start-Ups we take the guess work, stress and hassle out of your business immigration application to Canada. Let our professional consultant give you the peace of mind in knowing your application is done right!
Tags:Business In Canada, StartUps in Canada