The Northwest Territories, located in Canada’s northern region, holds a unique and enticing appeal for immigrants looking for a distinctive experience. This vast territory is renowned for its pristine wilderness, stunning landscapes, and rich Indigenous cultures. The Northwest Territories offers a serene and peaceful environment, allowing residents to connect with nature and enjoy outdoor activities such as hiking, fishing, and wildlife viewing. The region’s strong sense of community fosters a welcoming and inclusive atmosphere, making it an attractive destination for those seeking a close-knit and supportive environment. Moreover, the Northwest Territories presents numerous employment opportunities in sectors such as mining, tourism, renewable energy, and government services.

Business Stream

The Business Stream is for individuals who want to start a business in the Northwest Territories

Eligibility

  • Must commit to investing a minimum of CAD $300,000 to start or buy a business within Yellowknife, Northwest Territories;
    Or must commit to investing CAD $150,000 to start or buy a business outside of Yellowknife, Northwest Territories

  • Must own at least 33.3% of the business if you don’t have CAD $1,000,000.

  • Must have personal Proof of Fund of at least CAD $500,000 if starting or buying a business within Yellowknife, Northwest Territories;
    or must have personal Proof of Fund at least CAD $250,000 if starting or buying a business outside of Yellowknife, Northwest Territories

Language

  • CLB level 4 / IELTS- GT: Reading 3.5, Writing 4, Listening 4.5, Speaking 4

Education

  • ANY level of education to successfully run a business.