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Last verified: March 2026 · Source: justice.gc.ca← Back to Law Explorer
IRPRPART 20 Transitional ProvisionsDIVISION 11 Economic Classes
r.361

Equivalent assessment

🍁 In Simple Terms

Foreign nationals who were already assessed under the old system and received the required number of units before the new Act came into force are treated as having met the new system's points threshold. The equivalent class under the new Act depends on which category they were assessed under — skilled worker, investor, entrepreneur, or self-employed.

Affects: Foreign nationals and permanent residents in Canada
Legal Text — IRPR Regulation 361

(5)(5) Beginning on December 1, 2003, a foreign national who is an immigrant who made an application under the former Regulations before January 1, 2002 for an immigrant visa as an investor and whose application is still pending on December 1, 2003 and who has not, before that day, been awarded units of assessment under those Regulations must, in order to become a permanent resident as a member of the investor class,

(5.1)(5.1) Beginning on December 1, 2003, a foreign national who is an immigrant who made an application under the former Regulations before January 1, 2002 for an immigrant visa as an entrepreneur and whose application is still pending on December 1, 2003 and who has not, before that day, been awarded units of assessment under those Regulations must, in order to become a permanent resident as a member of the entrepreneur class,

(5.2)(5.2) Beginning on December 1, 2003, a foreign national who is an immigrant who made an application under the former Regulations before January 1, 2002 for an immigrant visa as a self-employed person and whose application is still pending on December 1, 2003 and who has not, before that day, been awarded units of assessment under those Regulations must, in order to become a permanent resident as a member of the self-employed persons class,

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