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Updates to Business-Driven Stream Guidelines
There are updates to the Business-Driven Stream guidelines of which potential applicants should be aware.
Changes to this set of Guidelines deal with investment made prior to entering into a Business Performance Agreement with the Nominee Program. The Guidelines now read:
"The Nominee Program discourages Applicants from making any investment or financial commitment prior to entering into a Business Performance Agreement with the Nominee Program. Any investment made prior to signing a Business Performance Agreement and obtaining a valid work permit will not be recognized towards the required investment of a minimum of $300,000 CDN equity into starting or buying a business within the corporate boundaries of Yellowknife, Northwest Territories; or a minimum of $150,000 CDN equity into starting or buying a business outside of the corporate boundaries of Yellowknife, Northwest Territories."
For more information please contact:
Business Programs Officer
Department of Industry, Tourism and Investment
Government of the Northwest Territories
Toll Free: 1-855-440-5450