On April 15, 2024, Immigration, Refugees and Citizenship Canada (IRCC) designated the work performed by foreign nationals in high-skilled roles at Global Hypergrowth Project (GHP) employers as crucial for public policy. This is in relation to the competitiveness of Canada's academic institutions and economy, as stated under subparagraph 205(c)(ii) of the Immigration and Refugee Protection Regulations (IRPR). This designation authorizes the issuance of a specific work permit for up to 5 years for eligible foreign nationals under the Innovation Stream pilot.
