Target: Immigrant Investor Program

immigrant investor program: When Ottawa cancelled a 28-year-old immigrant investor program this week, its target was clear: China. Of a backlog of 65,000 applicants, more than three-quarters were Chinese, all millionaires vying for a chance to get into Canada by lending Ottawa $800,000 in exchange for visas and a shot at citizenship. The money was returned, too, five years later although without interest. (www.immigrantscanada.com). As reported in the news.