Canada has stopped taking new applications for its federal Start Up Visa program and says it will launch a new, more targeted entrepreneur pathway in 2026. Immigration, Refugees and Citizenship Canada confirmed that intake under the scheme will close at 11.59 p.m. on December 31, 2025, after years of mounting backlogs and long processing times.
IRCC already halted applications for the optional Start Up Visa work permit on December 19, ending the route that allowed many founders to move to Canada while they waited for permanent residence decisions. Only entrepreneurs already in Canada on a valid SUV related permit can still apply for extensions.
Officials say the pause will help clear existing cases and prepare for a new pilot program for immigrant entrepreneurs that is expected to start in 2026. The government says the replacement will focus on quality over quantity, prioritising founders already in Canada whose businesses show clear, immediate economic impact.
Under the transition rules, entrepreneurs who obtain a commitment certificate from a designated organisation before the end of 2025 but have not yet applied will still be able to submit a Start Up Visa application. They must file a complete permanent residence application by June 30, 2026, to benefit from this narrow window.
Sources quoted in specialist immigration reports say the new pilot is likely to include higher job creation requirements, staged investment and an annual cap of about 2,000 principal applicants. The tighter intake is meant to ease pressure on housing and healthcare while still attracting high growth firms in areas such as clean tech, artificial intelligence and other priority sectors.
Canada’s Start Up Visa had come under criticism in 2025 after tools published by IRCC showed some applicants facing waits of up to 10 years for permanent residence. The government argues that redesigned rules should deliver faster decisions once the backlog is under control.
Officials emphasise that Canada is not closing the door to business immigrants altogether. Alternative routes remain open, including Provincial Nominee Program entrepreneur streams, intra company transfer work permits, other employer linked permits and study pathways that can later lead to permanent residency.