Immigrants to Canada: Canada Revenue Agency

Canada Revenue Agency: The PNP fast-tracked immigrants to Canada if they invested $200,000 in a local business, according to CBC. Equity Alliance then transferred the money through a series of wire transfers to Essential Equity Management Company via the Hang Seng Bank in Hong Kong and The Canada Revenue Agency is reviewing an intermediary involved in P.E.I.'s controversial Provincial Nominee program that it says owes millions in upaid taxes. An affidavit filed in federal court by the Canada Revenue Agency, says an audit determined a company called P.E.I. Equity Alliance took in about $10 million in PNP money, between 2006 and 2009. (www.immigrantscanada.com). As reported in the news.