By
Pace Law

Canada Must Continue to Invest in Investor Class Immigration

May 28, 2013

Al Pace – Pace Law Firm:
My firm does extensive immigration work. As part of that work, I have
the opportunity to travel widely and experience immigration matters from
many different perspectives. I’m troubled by what I sense to be perhaps
an increasing general resistance to the acceptance of immigrants into
our country, based on a sentiment in some circles that immigrants bring
little to, yet create a significant burden on, our societal resources.

My
parents were immigrants. I know how grateful they were to be accepted
into this country, and how aware they were of the magnificent
opportunities it provides. They became proud citizens and productive
members of the societal fabric. The overwhelming majority of current
immigrants are exactly the same.

Beyond any sense of sheer
altruism or charity, immigration to Canada is a demographic and
economic imperative; our country cannot compete, grow and develop
without a healthy infusion of immigrants. To believe otherwise is to
ignore economic and demographic realities.

I have met many, many potential investor class immigrants to Canada.
There is not one I would not be proud to have as a neighbor and fellow
citizen.

One aspect of the Canadian
immigration climate that has had considerable attention lately is the
case of the ‘investor class’ immigrant. A principal objection to this
category of applicant appears to be that financial wherewithal allows
one to “jump the queue”, suggesting a form of economic opportunism and
an untoward favoritism. Federal politicians and immigration officials
seem to be increasingly reluctant to maintain programs and avenues for
this class of immigrant.

In virtually the rest of the
world, investor immigrants are highly regarded, sought and courted
because they are perceived to, and do, bring significant benefits to the
countries they select as end destinations: investment, jobs, expanded
trade opportunities and new business perspectives. Their presence
enhances not only the present, but also the future.

I have
met many, many potential investor class immigrants to Canada. There is
not one I would not be proud to have as a neighbor and fellow citizen.
Not only do they bring enormous potential economic gains; their values
and aspirations complement the highest ideals that Canadians hold dear.

In
a challenging and turbulent world economy, we cannot afford to turn
away the very sorts of people who would serve to maintain and build our
country’s competitiveness and productivity and contribute to our growth,
based purely on blinkered parochialism.

Al Pace is the founder of Pace Law Firm.

Share This Post
Email
Facebook
LinkedIn
Twitter
Trending Posts
Read More Insights
Events
By
Pace Law
Pace Law Firm is always looking to expand our business and elevate it to the next level. On Thursday November 24th, Pace Law Firm attended the Canadian Mortgage Summit (CMS) to hear from the industry’s top mortgage brokers, lenders and solution providers.
Firm News
By
Pace Law
We are proud to announce that Pace Law has become a multi-service firm and is launching a new website to accommodate our growth in different areas of law!
Events
By
Pace Law
The National Day for Truth and Reconciliation takes place on September 30th for the second consecutive year. Each year, September 30th marks both Orange Shirt Day and National Day for Truth and Reconciliation.
Real Estate Law
By
Pace Law
In key Canadian cities, the housing inventory may reach a crisis stage, according to a recent analysis from RE/MAX Canada. The analysis confirms that governments must take quick action to address the critically low supply of available homes.
Personal Injury
By
Pace Law
As the winter months get closer, it is critical to plan ahead and take precautions as needed to reduce the likelihood of mishaps. Nearly 30% of all motor vehicle incidents, according to recent RCMP data, happened on slick, snowy, or icy roadways.
Real Estate Law
By
Pace Law
Two weeks after the provincial administration submitted Bill 109, the More Homes for Everyone Act, 2022, on March 30, 2022, it obtained royal assent on April 14. The last step needed for a legislative measure to become law is royal assent.

Get in Touch

Call us now or fill out the form to discuss your case with an experienced legal professional.

Our Locations

Office Location

191 The West Mall, Suite 1100
Toronto, ON M9C 5K8
Phone: 1-877-236-3060
Fax: 416-236-1809

Office Location

191 The West Mall, Suite 1100
Toronto, ON M9C 5K8
Phone: 1-877-236-3060
Fax: 416-236-1809

Scroll to Top