The price of a U.S. Green Card held steady for the past 27 years at $500,000 USD, under an investment immigration program known as EB-5. That will almost certainly change this year, when the U.S. Congress votes on raising the investor's Green Card minimum to $1.3 million. So what is a millionaire to do when the U.S. tells them to take their money elsewhere?
Armchair economists from Toronto to Vancouver are debating the existence of a housing bubble, and I'm not taking sides. Maybe there is a bubble and maybe there isn't. But if you've been thinking about your worst-case scenario, you're in good company.
Canada's temporary foreign worker policy is at odds with Canadian values, and frankly, this is getting a bit awkward. If you're like me, you're beginning to want to apologize to the people who serve us fast food. And maybe we should apologize, though it's not our fault. If I could send a message to the Minister of Immigration I would tell him to be more pragmatic about the foreign worker problem. Not only is this easy to fix, it's imperative. It can make you look good, it's good for Canada, and you can turn this problem into a lot of new Canadian voters who'll love you.
While you were hard at work last semester studying and preparing for exams, the Government of Canada was busy, aggressively trying to attract foreign youth to Canada to work this summer. In the next two months a small army of ambitious youth from all the world will arrive in our airports. They will be issued an open work permit, and they will immediately begin to apply for the jobs you may have wanted this summer.