Under the Comprehensive Economic and Trade Agreement (CETA), eligible investors may stay in Canada for one year without a Labour Market Impact Assessment (LMIA) needing to be issued.
The investor provisions of CETA apply to applicants who:
- will establish, develop, or administer the operation of an investment in a capacity that is supervisory or executive;
- are the investor; and
- are employed by an enterprise that has committed or is in the process of committing a substantial amount of capital.
The investor provisions listed under the key personnel category of CETA are similar to the provisions found in the North American Free Trade Agreement (NAFTA).
Length of stay: One year, with possible extensions at the officer’s discretion, if the applicant is able to provide documentation that satisfies the processing officer of their need to have the stay extended.
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