A definitions entry for the business immigration division, and largely a record of what has gone. The subsections that powered the old federal investor and entrepreneur programs were repealed. What remains defines the terms the surviving business classes turn on, above all who counts as a self-employed person and what experience is relevant for that class.
(1)The definitions in this subsection apply in this Division. agent[Repealed, SOR/2016-316, s. 4] allocation period[Repealed, SOR/2016-316, s. 4] approved fund[Repealed, SOR/2016-316, s. 4] business experience[Repealed, SOR/2016-316, s. 4] debt obligation[Repealed, SOR/2016-316, s. 4] entrepreneur[Repealed, SOR/2016-316, s. 4] entrepreneur selected by a province[Repealed, SOR/2016-316, s. 4] former Regulations has the same meaning as in subsection 316(1). (ancient règlement) full-time job equivalent[Repealed, SOR/2016-316, s. 4] fund[Repealed, SOR/2016-316, s. 4] investment[Repealed, SOR/2016-316, s. 4] investor[Repealed, SOR/2016-316, s. 4] investor selected by a province[Repealed, SOR/2016-316, s. 4] language skill area means speaking, oral comprehension, reading or writing. (habileté langagière) minimum net worth[Repealed, SOR/2016-316, s. 4] net assets[Repealed, SOR/2016-316, s. 4] net income[Repealed, SOR/2016-316, s. 4] net worth[Repealed, SOR/2016-316, s. 4] percentage of equity[Repealed, SOR/2016-316, s. 4] provincial allocation[Repealed, SOR/2016-316, s. 4] qualifying business[Repealed, SOR/2016-316, s. 4] qualifying Canadian business[Repealed, SOR/2016-316, s. 4] relevant experience, in respect of (a)a self-employed person, other than a self-employed person selected by a province, means a minimum of two years of experience, during the period beginning five years before the date of application for a permanent resident visa and ending on the day a determination is made in respect of the application, consisting of(i)in respect of cultural activities,(A)two one-year periods of experience in self-employment in cultural activities,(B)two one-year periods of experience in participation at a world class level in cultural activities, or(C)a combination of a one-year period of experience described in clause (A) and a one-year period of experience described in clause (B),(ii)in respect of athletics,(A)two one-year periods of experience in self-employment in athletics,(B)two one-year periods of experience in participation at a world class level in athletics, or(C)a combination of a one-year period of experience described in clause (A) and a one-year period of experience described in clause (B), and(iii)in respect of the purchase and management of a farm, two one-year periods of experience in the management of a farm; and (b)a self-employed person selected by a province, has the meaning provided by the laws of the province. (expérience utile) self-employed person means a foreign national who has relevant experience and has the intention and ability to be self-employed in Canada and to make a significant contribution to specified economic activities in Canada. (travailleur autonome) self-employed person selected by a province[Repealed, SOR/2016-316, s. 4] specified economic activities, in respect of (a)a self-employed person, other than a self-employed person selected by a province, means cultural activities, athletics or the purchase and management of a farm; and (b)a self-employed person selected by a province, has the meaning provided by the laws of the province. (activités économiques déterminées)
(2) and (3)[Repealed, SOR/2016-316, s. 4]