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Douglas Todd: Ottawa insider warns about immigrant-investor schemes

“The strange story of Vancouver” is the name of an internal immigration department memo that reveals the many things wrong with Canada’s earlier business-investor programs. That hasn’t stopped Ottawa from expanding a related scheme.

An adviser within Canada’s immigration department is warning about the dangers of entry programs that favour entrepreneurs, given the failure of earlier initiatives.

The internal cautions come at the same time the immigration department, which has been under fire from top bank economists for damaging the economy by bringing in a record 1.25 million permanent and temporary residents in a year, is expanding another program that gives preference to would-be entrepreneurs.

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