The Quebec Provincial Government has announced the suspension of work on the Immigrant Investor Program until July 2020. This suspension is temporary and will likely continue for 8 months before the announcement of the re-introduction of this program.
The government also announced that there are approximately 20,000 investors awaiting Canadian permanent residency through this program, and the Canadian government is expected to take at least 6 years to process and complete these transactions.
However, there are many other options that investors can apply for Canadian residency through, such as programs for the provinces of Ontario, British Columbia and Manitoba, and these provinces offer programs for investors by nominating the province.