The owner-operator policy is not a formal immigration program. Rather, it is a work permit issued under the federal Temporary Foreign Worker Program (TFWP). The Owner-Operator Program attractive to foreign investors to buy a business in Canada and come to Canada for temporary foreign work permit. The work permit can issue if:
1. The foreign investor identifies a Canadian business to purchase.
2. A Labour Market Impact Assessment (LMIA) is submitted along with a suitable business plan.
3. Apply for work permit with positive LMIA letter
4. Receive 12- 24 months work permit to contribute in her/his business