Immigrant investors: Quebec will promote the francophone

News 14 March, 2018
  • Photo Simon Clark
    The minister of Immigration of Quebec, David Heurtel, was admitted on Tuesday in Quebec city, it is possible to improve the “retention” of the immigrant investors choosing in priority the French.

    Patrick Bellerose and
    Boris Proulx

    Tuesday, 13 march 2018, 18:18

    Tuesday, 13 march 2018 22:54

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    The government Couillard intends to tackle the problem of the departure of the immigrant investors to other provinces by first selecting the French-speaking candidates. A regulation to this effect will be tabled in the spring.

    • READ ALSO: wealthy immigrants use Quebec to get their passport

    In other words, the records of wealthy francophones who want to take advantage of this program will be found automatically on the top of the stack.

    “We want to ensure more diversity in the people who apply,” says the Immigration minister, David Heurtel.

    The Journal revealed on Tuesday that 90 % of the candidates accepted by the Program quebec immigrant investors are leaving Quebec to settle elsewhere in the country, according to data compiled by Statistics Canada.

    Most of them, mainly of chinese origin, will go to settle in Toronto or Vancouver.


    According to Marc Audet, specialist in the Immigrant Investor Program of Québec in Auray Capital, “Quebec draws its pin from the game” in attracting large portfolios that invest and spend a lot of money, even if they often do not have any employment income.

    “The whole world wants these immigrants here. “

    He acknowledges, however, that Quebec can do a little more to retain them, a conclusion shared by the government Couillard.

    The office of the federal minister of Immigration, Ahmed Hussen, ensures that Ottawa denies the application for permanent residence if it is known that the immigrant investor do not have the intention to reside in Quebec.

    The conservative Party and the NDP say they respect the jurisdiction of Quebec in the matter.

    The program would have generated$ 800 Million since the year 2000, according to Québec, notably through the obligation for these immigrants to pay hundreds of thousands of dollars without interest at Investissement Québec.