Investor road to Canada hits a dead end with immigrant program’s closing

The Globe and Mail

"...the [immigrant investor program] will be replaced by two pilot projects: an immigrant investor venture capital fund and a business skills program. "

Ottawa has officially announced it is scrapping the investor immigrant program, even though it has already postponed many applications as of 2012. What impact does this have on your real estate property and what can you do about it? Was this program effective to begin with and will the changes be prominent enough to affect our market?

Food for thought to take you beyond homes...