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Immigration Announcement

New Brunswick Changes Net Worth Verification Options for Business Immigration Applicants

Austin Campbell

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New Brunswick Changes Net Worth Verification

Entrepreneurs applying through New Brunswick Business Immigration should pay close attention to a recent change involving mandatory net worth verification.

Immigration New Brunswick has confirmed that MDD Forensic Accountants is no longer accepting new clients for net worth verification services under the New Brunswick Provincial Nominee Program Business Immigration stream. Applicants who require this assessment are being directed to two other designated providers: Doane Grant Thornton LLP and MNP LLP.

The change does not remove the net worth verification requirement. Instead, it changes where eligible applicants can obtain the required third-party financial assessment.

What Has Changed for New Brunswick Business Immigration Applicants?

The net worth verification process remains an important part of the New Brunswick Business Immigration stream.

Under the current program, entrepreneurs are expected to demonstrate their personal net worth and provide evidence supporting the legal accumulation of their funds. New Brunswick’s program is designed for entrepreneurs who want to establish or purchase a business and actively participate in its daily management.

The immediate change is therefore operational:

Previous provider situationCurrent position
MDD Forensic AccountantsNo longer accepting new clients
Doane Grant Thornton LLPAvailable designated provider
MNP LLPAvailable designated provider

Applicants who need a new net worth verification should contact one of the currently approved providers rather than attempting to initiate a new assessment with MDD.

Why Net Worth Verification Matters

For business immigration applicants, proving that funds are genuinely available is not simply a formality.

New Brunswick’s Business Immigration stream currently requires eligible applicants to demonstrate a personal net worth of at least $500,000, or $300,000 for applicants investing in the agriculture sector, along with other eligibility requirements.

The financial assessment is intended to establish that the applicant has the financial capacity required under the program and that the funds have been accumulated legally.

This makes documentation particularly important for entrepreneurs whose assets are spread across multiple countries or include business ownership, investments, real estate or other complex holdings.

What Should Applicants Do Now?

Applicants who have received an invitation or are preparing their business immigration application should first confirm the latest requirements and designated provider list.

A practical approach is to:

  1. Review the current New Brunswick Business Immigration requirements.
  2. Confirm whether a net worth verification report is required at the relevant stage.
  3. Contact Doane Grant Thornton LLP or MNP LLP for the verification service.
  4. Prepare financial records and supporting documentation in advance.
  5. Ensure that information provided to the verifier is consistent with the provincial application.
  6. Keep copies of all financial documents and reports submitted.
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Applicants should not assume that a report prepared by an accounting firm that is not on the designated list will be accepted.

New Brunswick’s program guide has previously stated that applicants must use a designated personal net worth verifier and that the verification report has a defined validity period.

New Brunswick Business Immigration Has Other Important Restrictions

The net worth verification update comes at a time when New Brunswick is also operating several immigration restrictions and targeted selection measures.

For example, new invitations under the New Brunswick Experience pathway of the Skilled Worker stream have been limited to healthcare, education and construction since May 4, 2026, until further notice.

The province has also introduced restrictions affecting certain occupations and sectors under its Skilled Worker and Express Entry streams.

This means entrepreneurs and skilled workers should not assume that meeting the general requirements of a New Brunswick program automatically means they will receive an invitation or nomination.

What Entrepreneurs Need to Know About the Business Immigration Stream

The New Brunswick Business Immigration stream is aimed at entrepreneurs who want to start or purchase a business in the province.

The entrepreneur must be actively involved in operating the business rather than simply making a passive investment.

Current eligibility requirements include age, language proficiency, education, qualifying business or management experience and the required personal net worth.

The province also expects successful applicants to establish themselves in New Brunswick and meet the requirements associated with their business establishment period.

For applicants considering this pathway, the financial verification stage should therefore be treated as part of a broader business immigration process rather than as an isolated document requirement.

Work Authorization Still Needs to Be Maintained

Immigration New Brunswick also reminds applicants that it cannot guarantee that an application will be processed or approved before an existing work permit expires.

Applicants are responsible for maintaining their authorization to work throughout the immigration process.

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This is particularly important for candidates already in Canada who are relying on a provincial immigration pathway to support their longer-term plans.

A pending provincial immigration application does not, by itself, mean that a person can continue working after their existing authorization expires.

What This Means for Prospective Entrepreneurs

The provider change is relatively narrow, but it can have practical consequences.

A delayed financial verification can affect the timing of a nomination application, particularly if an applicant has already received an invitation and has deadlines to meet.

Entrepreneurs should therefore avoid leaving the net worth verification step until the last minute.

They should also ensure that their financial records clearly explain the origin and ownership of their assets. Where funds have been accumulated through business activity, property transactions, investments or transfers between countries, supporting documentation may be especially important.

The latest New Brunswick Business Immigration update does not eliminate the net worth verification requirement. Instead, it changes the available designated providers for new applicants.

MDD Forensic Accountants is no longer accepting new clients, while Doane Grant Thornton LLP and MNP LLP remain the providers identified by Immigration New Brunswick for candidates requiring the service.

Entrepreneurs should verify the latest provincial instructions before arranging their assessment and should ensure that their financial documentation is complete and consistent with their nomination application.

Frequently Asked Questions

1. What changed in New Brunswick Business Immigration?

MDD Forensic Accountants is no longer accepting new clients for net worth verification services under the Business Immigration stream. Applicants can contact Doane Grant Thornton LLP or MNP LLP.

2. Is net worth verification still required?

The provider change does not remove the financial verification requirement. Applicants should follow the current New Brunswick application instructions.

3. How much personal net worth does the New Brunswick Business Immigration stream require?

The current program lists a minimum personal net worth of $500,000, or $300,000 for applicants investing in agriculture, subject to the full eligibility requirements.

4. Can entrepreneurs use any accounting firm for verification?

Applicants should use a provider designated by Immigration New Brunswick. The province’s program guidance specifies the use of designated personal net worth verifiers.

5. Can a pending New Brunswick immigration application extend a work permit automatically?

No. Applicants remain responsible for maintaining valid authorization to work throughout the immigration process.

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