Source document
Analyse d'impact réglementaire: Règlement modifiant le Règlement sur l'immigration au Québec (modifications aux programmes d'immigration économique...)
Has everything in it been taken?
CompleteReviewed 9 Oct 2026
Reviewed. Everything in it that belongs in the tables has been taken.
What the document holds
MIFI (Quebec) regulatory impact analysis, 8 Sept 2023, 32 pp., of the draft amendment to the Règlement sur l'immigration au Québec: new skilled-worker programme PSTQ, PEQ changes, the three business-immigration programmes (Investor, Entrepreneur, Self-employed) and other changes. Investor Program content taken: 15.5% presence rate (already in), proposed rules (12-month stay, 1 M$ placement + 200,000 $ contribution replacing 1.2 M$, quota system abolished, intermediaries' share of interest revenue 22% to 10%) as one context event (in-force terms already recorded from the 2023 decree), 18 participating intermediaries (3 trust companies, 15 investment dealers; parts sum to total), applications baseline 1,900 and forecast ~165 (165 already in), intermediaries' revenue 2022 10.6 M$ (already in) and forecast 1.8 M$, recurring shortfall 8.8 M$ (repeated in Tableaux 5, 6 and 9; implementation-period cost 0), forecast programme revenue 38 M$ = 18 M$ interest + 20 M$ contributions (adds up), assumption of 100 placements a year at 4% interest (rate kept in notes). Out of scope and not taken: PSTQ/PEQ content and Tableaux 1a/1b (CSQs for skilled workers by occupation 2021-2022), Tableaux 2a/2b (temporary work permit holders), Tableau 7 and Annexe 1 (employer work-permit costs, HR wage rates), Entrepreneur programme (net worth 900,000 $ to 600,000 $/300,000 $, ~40 businesses affected, 2,673 jobs saved by 232 business transfers), Self-employed programme, SME statistics, employment-impact grid (overall impact nil; intermediaries have 1-249 employees). Rules restated from other sources are now recorded from this document too (decision 8).
What it supports
18 rows on this site come from this document. Each one opens with the page and the exact words.
13 numbers1 programme2 rules2 events
Numbers (13)
- Applications received1,900 applicationsto 2023-09 · Québec Immigration Ministry 2023EstimateCanada · Quebec Investor Program
- Applications received165 applications2024 · Québec Immigration Ministry 2023ForecastCanada · Quebec Investor Program
- Estimated impact of a rule change on programme usersCategory: Lost revenue financial intermediariesCAD 8.8 million2023-09-08 · Québec Immigration Ministry 2023ForecastCanada · Quebec Investor Program
- Income of programme intermediariesCAD 1.8 million2023-09-08 · Québec Immigration Ministry 2023ForecastCanada · Quebec Investor Program
- Income of programme intermediariesCAD 10.6 million2022 · Québec Immigration Ministry 2023EstimateCanada · Quebec Investor Program
- Investor residence status retained15.5%2011-2020 · Québec Immigration Ministry 2023Final figureCanada · Quebec Investor Program
- Licensed programme agents18 agents2023-09-08 · Québec Immigration Ministry 2023Final figureCanada · Quebec Investor Program
- Licensed programme agentsCategory: Trust company3 agents2023-09-08 · Québec Immigration Ministry 2023Final figureCanada · Quebec Investor Program
- Licensed programme agentsCategory: Investment dealer15 agents2023-09-08 · Québec Immigration Ministry 2023Final figureCanada · Quebec Investor Program
- Money credited to a CBI-financed account or fundCategory: Programme revenue totalCAD 38 million2023-09-08 · Québec Immigration Ministry 2023ForecastCanada · Quebec Investor Program
- Money credited to a CBI-financed account or fundCategory: Interest on placementsCAD 18 million2023-09-08 · Québec Immigration Ministry 2023ForecastCanada · Quebec Investor Program
- Money credited to a CBI-financed account or fundCategory: Financial contributionsCAD 20 million2023-09-08 · Québec Immigration Ministry 2023ForecastCanada · Quebec Investor Program
- Qualifying investments made (count)100 investments2023-09-08 · Québec Immigration Ministry 2023ForecastCanada · Quebec Investor Program
Programmes (1)
Rules and prices (2)
- Loan to the governmentmain applicant with spouse; net worth of at least C$2,000,000 of lawful origin; management experienceCAD 1,200,000Date not stated · Québec Immigration Ministry 2023Canada · Quebec Investor Program
- Intermediaries' share of interest revenuefinancial intermediaries' share of the interest revenue generated by investor placements22%Date not stated · Québec Immigration Ministry 2023Canada · Quebec Investor Program
About the document
What it covers Regulatory impact analysis of the 2023 overhaul of the Quebec Investor Program: share of investor immigrants admitted 2011-2020 still present in Quebec in January 2022 (15.5%), the change from a 1.2 M$ guaranteed placement to a 1 M$ placement plus 200,000 $ contribution, expected fall in applications from 1,900 to about 165, intermediaries' revenue in 2022.
Notes Filed with the cabinet submission 2023-2159; 32 pages.
Source id can-mifi-air-riq-2023 · accessed 2 Oct 2026