Although Canada closed its Start-Up Visa (SUV) Program on January 1, 2026, immigrant entrepreneurs seeking permanent residence (PR) are not out of options.
While foreign nationals await the launch of the new targeted pilot intended to replace the SUV, they can explore alternative business immigration pathways, such as certain Provincial Nominee Program (PNP) streams or an entrepreneur-focused TR to PR pathway.
This article will cover:
- Entrepreneur-focused PNP stream;
- Quebec’s business programs; and
- The C-11 entrepreneur work permit.
Immigrate through an entrepreneur-focused PNP stream
Pursuing PR through a PNP stream specifically designed for entrepreneurs is likely the best bet for international entrepreneurs following the SUV’s closure.
Currently, there are nine PNPs with entrepreneur, business, or investor streams that will be accepting applications in 2026.
Foreign nationals should be aware that some entrepreneurial PNP streams are more active than others. British Columbia, for example, held 16 entrepreneur-focused draws in 2025, and has already conducted one in 2026 on January 13.
General note for all streams: Typically, PNPs require candidates to establish and/or run their business for a set number of months on a work permit prior to getting a provincial nomination—which they will only receive if they fulfill specific business development commitments as agreed to in the business agreement signed with the province.
Entrepreneurs also generally enter into a business performance plan (varying by province), which requires them to meet certain benchmarks. If your business fails after getting a nomination but before obtaining PR, the nomination may be revoked.
Alberta (four streams)
Graduate Entrepreneur Stream: International student graduates (from qualifying in-province post-secondary institutions) wanting to start a new business or purchase an existing business in the province (34% ownership).
Foreign Graduate Entrepreneur Stream: Experienced foreign student graduates from out-of-Canada institutions seeking to launch a start-up enterprise or business in Alberta, willing to invest at least $50,000 or $100,000 depending on location of the business.


