Revive millionaire migration to cure Canada’s coronavirus economic woes, say advocates

Advocates of millionaire migration in Canada are citing the economic impact of Covid-19 as they push to revive the controversial Federal Immigrant Investor Programme.But the scheme, once dominated by immigrants from Hong Kong and then mainland China, has been linked by critics to housing unaffordability, low tax revenue, fraud and other failings.In a recent letter to finance minister Bill Morneau, the Investment Industry Association of Canada said it recommended that the federal government …

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