LMIA by low profit making or loss making company

[abbsha]

Can a Canadian company having turnover in the range of 5 million dollar and making very little profit file for LMIA? Does immigration takes into account the profitability of a company while filing for a LMIA where the company is going to hire a resource with a salary of $100,000 per annum.

 

[canvis2006]

They will have to show their financial docs to ServiceCanada in order to get a LMIA

 

[abbsha]

Agreed ! But are there any concerns to issue LMIA to a low profit making company? The company's net profit is less than the salary they are giving to me.

Also, can you help me to understand the difference between LMIA for work permit and LMIA for PR?