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Renseignements en Français

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Entrepreneur Good Faith Deposit Application Process


Good Faith Deposits have been transferred from the Bank of Nova Scotia (Scotiabank) to the Royal Bank of Canada. If you have not received notification of this change, please contact the SINP to provide updated contact information. Please send by email to or you can call 1-833-613-0485.

Please note that the process below only applies to entrepreneurs who applied to the SINP prior to March 23, 2015.

See Apply as an Entrepreneur to apply to the current SINP Entrepreneur Category.

If you have any questions about applications under this particular program, please email

Landing Meeting

Candidates nominated under the Entrepreneur or Farm categories should contact the SINP to set up a meeting within thirty days of:

  • Landing in Saskatchewan as a permanent resident; or
  • Arriving on a Temporary Work Permit.

Please contact the SINP office by email at, with your subject line as "Landed Meeting Request."

The Good Faith Deposit

The Good Faith Deposit is a refundable amount of money candidates pay after they have been approved by the SINP for nomination for permanent residency to IRCC. (This only applies to candidates who applied to the SINP in this program before March 23, 2015.)

Once the SINP has approved the candidate's file for nomination, the SINP Entrepreneur Unit will provide instructions on how to submit the deposit.

Candidates who made the deposit can apply for it to be returned:

  • Within two years of landing in Saskatchewan.
  • When you've satisfied the terms of the Performance Agreement by starting or obtaining a business in Saskatchewan. You'll need to have invested the minimum amount in the Performance Agreement and be involved in the daily management of your business.
  • When you can show at least six months of active investment in the relevant business.

If you meet the conditions above:

  • Submit a Deposit Return Request to the SINP, and required documents to apply for your deposit to be returned.
  • If we find you've met all conditions, we'll instruct Royal Bank to return your deposit and any interest that has accumulated.
  • If we find that the conditions haven't been met, we'll let you know what else needs to be done before the deposit can be returned.

Candidates will forfeit the total $75,000 (CAD) deposit and any interest earned if:

  • The SINP finds that they or their representative submitted an application that constitutes misrepresentation or fraud on any required SINP or IRCC form or supporting document.
  • Their application for permanent residency is denied by IRCC for fraud or misrepresentation and you are unable to land in Canada and meet the commitments of your Performance Agreement.
  • The applicants, through their own fault, don't complete the process to become permanent residents in Canada, land in Saskatchewan and meet the conditions of the Performance Agreement.

Application Guides and Forms

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