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Can a 40% foreign shareholder of a Canadian Company inter-transfer its manager?

Anne Sun

Newbie
Jan 22, 2016
2
0
Can a foreign shareholder who own 40% shares of a Canadian Company in Alberta inter-transfer its manager to this company under the International Mobility Program and ask for LMIA exception?
The main purpose to send this manager is to join the Canadian company's daily operation management and report to the foreign shareholder and expand the shareholder's Canadian market.

Many thanks in advance!
 

ducnx

Newbie
Mar 30, 2016
7
0
No, with 40% ownership , it can not consider as an subsidiary company.
However, there is stream called " "variations to minimum advertising requirements" for owner/operator. Just google " "variations to minimum advertising requirements" you will find more detail.
 

ifeedly

Hero Member
Oct 23, 2015
208
12
Job Offer........
Pre-Assessed..
Are you referring to NAFTA? what country is the company located(primary company).
Can the shares be redistributed and a new operational structure be established?