I'm familiar with the situation. It's part of what our business is about. Canada has been saying it was going to cease this program a while ago. One Chinese lady we know who helps the Chinese to move to North America blogged that Canada is now refusing to admit Chinese nationals. We forced her to to delete her lies. She has moved to the US and is now trying to persuade her clients to go there instead. We still work with her. Funny; the Chinese rep is in the US, and the Canadian rep is in China.
Quebec still has a
similar program. Unfortunately (for the Chinese), speaking French is mandatory.
What I try to tell the groups that my g/f and I present to, is that Canada doesn't need millionaires as much as we need skilled workers. The jobs are there, but everybody wants to be management. (I think we lead the world in white collar services oriented jobs).
Personally, I'm glad for the cancelation. It basically was selling a Canadian Citizenship to the wealthy. I prefer somebody who will mesh with the fabric of our society, buy, sell, live, raise a family, all in our borders. Not someone who bought a passport and can now travel and enjoy the benefits of Canada without contributing.