Canada’s Start-Up Visa (SUV) program is undergoing significant transformations as it reaches its peak performance, with 5,595 applicants and dependents admitted in 2024. However, the program faces new challenges as the federal government announces dramatic reductions in business immigration quotas. Starting in 2025, admissions will be limited to 2,000 permanent residents, further decreasing to 1,000 in both 2026 and 2027. This strategic shift comes as the program grapples with a substantial backlog of 38,000 applications, prompting discussions about its long-term sustainability and effectiveness in attracting innovative entrepreneurs to Canada.
Canada’s Start-Up Visa program faces major changes amid record applications
