
We'll be away for a week due to our Vitamin D-deprived lives. Cuba beckoned. The price was right. See you soon.
Reflections, Observations, and Analyses Pertaining to the Canadian Political Scene
The Canadian government is poised to relaunch a program that grants permanent residency to foreign millionaires but a veteran immigration lawyer says he fears Ottawa is still underpricing what amounts to a path to citizenship.The language of the article suggests that the commodification, unfairness and debasement of which Sandel writes is rife in the government's approach:
Ottawa announced in February it would end the decades-old Immigrant Investor Program, saying the $800,000 investment required of newcomers, as well as other conditions, “significantly undervalued Canadian permanent residence.”
Richard Kurland, a Vancouver-based lawyer with decades of experience in the field, said he expects an announcement from Immigration Minister Chris Alexander within two weeks and predicts the minimum investment required under the revamped program will be about $1.5-million.Sadly, this mentality is not confined to Conservatives:
He suggests Canada aim much higher, starting at the $2-million level. From there, he recommends Ottawa experiment with trying to raise the required cash outlay to even greater heights.
“One-and-a-half million dollars? What is that? A condo and a half in Shanghai?” Mr. Kurland said. “Ratchet it up to $2.5-million to $3-million for investment and wait to see if over a five-month period, six-month period, there are still some empty spaces on the board.”
Former immigration minister Sergio Marchi said he thinks Canada should set the required investment at $1.5-million, and not higher, to remain competitive with the roughly 20 other countries that offer similar programs in exchange for permanent residency or citizenship.Citizenship as competition, eh? Doesn't sound very Canadian to me.