CANAM ENTERPRISES, LLC
Overview
CanAm Enterprises, LLC (CanAm), an affiliate of CanAm GP, LLC, is a financial advisor that has been actively involved in structuring, promoting and administering private and government syndicates pursuant to the Canadian Business Immigrant Investor Program (BIIP) since 1987. Similar to the U.S. immigrant investor program, the BIIP facilitated permanent residency status in Canada for applicants who invested in qualifying projects or funds.
CanAm Enterprises, LLC no longer promotes the BIIP because the Canadian government nationalized the immigrant investor program.
CanAm has raised approximately CDN$270 million (US$192 million) from over 1,400 qualified subscribers under the BIIP. During CanAm’s fifteen-year history, it has represented the Provinces of Prince Edward Island and New Brunswick in connection with BIIP funds operated by these provinces.
CanAm Enterprises, LLC also promotes the PIDC Regional Center, which was designated in 2003 for the City of Philadelphia, the Hawaii Regional Center designated in 2008 for the State Department of Business, Economic Development & Tourism (DBEDT) for the State of Hawaii, and the Los Angeles County Regional Center in 2008 for Los Angeles County, California.
