Hey there. You’re visiting our new site. Click here to go back to the previous version of our website.

Business Nominee

The Yukon is seeking individuals with proven entrepreneurial and business skills to operate their own businesses to help bolster the northern territory’s economy. All those applying under the Yukon Business Nominee Program (YBNP) must desire to own and operate a business within Yukon.

Get Started

Applicants who are nominated will receive a letter of support for a two year work permit from Immigration, Refugees and Citizenship Canada (IRCC). While on this work permit, the applicant can establish themselves and their business in the Yukon. Following this two-year period, the applicant will receive support from the territory to apply for permanent residence with IRCC, provided they meet the eligibility requirements.

Program Requirements

Requirement 
Express Entry ProfileNo
Connection to ProvinceNo
Job OfferNo
Language ProficiencyCLB 4
Level of EducationHigh school
Work ExperienceBusiness ownership and/or management
5 years
Investment RequirementInvestment: $300,000 CAD
Personal Net Worth: $500,000 CAD

Language Proficiency

To be eligible for the Yukon Business Nominee stream, candidates must have official language test scores showing proficiency equivalent to the Canadian Language Benchmark (CLB) level 4 or higher.

Work Experience

Since this is a business immigration stream, candidates must demonstrate that they have enough business ownership or management experience to successfully establish and run a business in Yukon. Candidates must have at least three (3) years of entrepreneurial or business management experience, and at least five (5) years of related work experience.

Investment Requirement

Candidates must demonstrate a personal net worth of at least $500,000 CAD. As well, successful applicants must invest a minimum of $300,000 CAD in a Yukon business which they will establish and manage. The candidate must own at least one-third (33.33%) of the Yukon business.

The business must also be in one of the Yukon’s strategic sectors, and must not be in an ineligible industry.

Eligible candidates will be invited to sign a business performance agreement with Yukon that outlines the conditions under which the candidate will receive a provincial nomination.

Points Assessment Grid

Candidates must score at least 65 points on the Yukon Business Nominee points assessment grid.

Application Procedure

The Yukon Business Nominee stream operates on an Expression of Interest (EOI) system. Eligible candidates must register with the Yukon Business Nominee Program (YBNP). This registration includes submitting a business proposal. If the business proposal meets the program criteria, the applicant will join a pool of applicants.

The YBNP selects candidates from this pool and invites them to submit a complete application to the stream. Note that the YBNP does not disclose the criteria they use to select applicants, how many applicants are selected, nor how frequently.

If the complete application is approved, the applicant will then need to attend an in-person interview in Yukon. Following a successful interview, the candidate will be issued a letter of support for a two-year temporary work permit from the YBNP. The applicant will then need to use this letter of support to apply to IRCC for a temporary work permit.

If this application is successful, the applicant must then travel to the Yukon and establish themselves, their family, and their business. If the applicant successfully establishes the business and meets all of the conditions of the performance agreement, Yukon will issue them a nomination for permanent residence.

After receiving a nomination, the applicant has six months to submit a federal application for Canadian permanent residence. Applicants in this program must complete and submit a paper-based application for permanent residence and submit it by mail to the appropriate application centre. Paper-based PNP applications for permanent residence are generally processed within 18 months.

Yukon Business Nominee Assessment Grid

FactorMax Points
Investment Value12
Liquid Assets8
Prior Visits8
Entrepreneurial and/or Management Experience10
Education20
Personal Net Worth8
Age10
Language12
Work Experience10
Location of Proposed Business5
Minimum Pass Score65

Investment Value

Investment ValuePoints
$300,000 to $400,0006
$401,000 to $750,0008
$750,000 +12
Maximum12

Liquid Assets

Liquid AssetsPoints
$300,000 to $450,0006
$451,000 +8
Maximum8

Prior Visits

Prior VisitsPoints
3 to 6 days4
7 to 10 days6
11 days or more8
Maximum8

Entrepreneurial Experience

Years of Entrepreneurial or Management ExperiencePoints
3 to 5 years8
6 years or more10
Maximum10

Education

Level of EducationPoints
High School10
1 year of post-secondary education12
2 years of post-secondary education16
Bachelors Degree18
Masters or Ph.D20
Maximum20

Personal Net Worth

Personal Net WorthPoints
$500,000 to $750,0006
$751,000 +8
Maximum8

Age

AgePoints
21-4910
50-518
52-536
54-554
56+0
Maximum10

Language

Language AbilitiesPoints
Less than IELTS 4 / CELPIP 4 / TEF 30
IELTS 4-6 / CELPIP 4-7 / TEF 3-48
IELTS 7+ / CELPIP 8+ / TEF 5+12
Maximum12

Work Experience

Work ExperiencePoints
5-7 years8
8 + years10
Maximum10

Location of Business

Location of Proposed BusinessPoints
In Whitehorse and surrounding areas0
In a rural community5
Maximum5

Strategic Sectors

Strategic Sectors

Strategic Sectors
Information Technology
Manufacturing
Value-added Processing
Forestry
Tourism Products, Attractions, Services and Facilities
Energy
Mining or Mineral Development
Agriculture
Cultural Industries
Film and Video Production

Conversely, the business must not belong to any of the following sectors:

Ineligible Sectors

Ineligible Sectors
Passive investments
Retail, wholesale, or distribution operations
Restaurants
Financial services
Business, consultation and personal services
Most professional services
Real estate
Holding companies
Gas stations

Ready to
start?

Free Immigration Assessment

Discover your Canadian immigration options! Complete our free assessment today and a member of the Canadim Team will contact you to discuss your immigration to Canada.

Get Started

Related Links

Free assessment

Discover your Canadian immigration options. Get your free assessment now!