When innovative Canadian firms act as anchors in their communities, they foster entrepreneurship, build networks, create jobs and are catalysts to economic development. That’s why the Government of Canada has launched the Global Hypergrowth Project (GHP), a new scale-up service that will help companies rooted in Canada go further, faster.
This project brings together the combined strength of its government partners to help tailor support to each participating company's specific needs, offering solutions that are as unique as the companies themselves.
The Minister of IRCC has designated the work performed by foreign nationals who are or will be employed in high-skilled occupations at a Global Hypergrowth Project (GHP) employer as necessary for public policy reasons related to the competitiveness of Canada’s academic institutions or economy
GHP: First group of selected Canadian Employers:
High-skilled occupations are those in the National Occupational Classification (NOC) Training, Education, Experience and Responsibilities (TEER) categories 0, 1, 2 or 3.
This authorizes the issuance of an employer-specific work permit for up to 5 years to eligible foreign nationals under the Innovation Stream.
The Innovation Stream will be in place for 2 years, until March 22, 2026, unless otherwise extended.
Source: IRCC Temp.Resident Op’s Bulletin