38 Canadian investors. 36 approvals. Every decision below is a documented outcome from a real case decided between January 2025 and September 2026. Compiled by Patrick Findaro, Founding Partner at Visa Franchise · Last updated: September 2026
Canadian E-2 visa cases managed by Visa Franchise, January 2025 to September 2026. Most recent first.
| Decision | Industry | Approach | Investment | Processing time | Outcome |
|---|
These clients are part of the dataset above. Each one approved. Click any tab to open their case file.
"91% of our sales came from the US. You have to go where your customer is."
Canadian E-2 visa outcomes by month: 36 approvals and 2 denials across 16 active months from January 2025 through September 2026. Peak activity was March 2026 with 6 approvals, followed by September 2026 with 4. Denials occurred in January 2026 and February 2026, one each.
The Franchise Visa Program™ reached 100% approval across 15 cases. Both denials came from different paths, confirming that no single approach carries more inherent risk. Investment level, preparation, and fit matter more than which program you choose. Not sure which path fits your situation? Take the eligibility check to find out.
Six of eight industries approved every application. The two exceptions are an IT consulting case denied for undercapitalization, and a Cabinet & Vanity manufacturing Employee Visa Program™ case denied on second attempt.
Industry is not a primary approval factor. The business plan, investment amount, and source of funds carry more weight in consular decisions. Industry categories are assigned based on each business's primary activity; some businesses span more than one category.
The investment fell well below what consular officers treat as substantial for a service business. At $22,831, the application could not clear the proportionality test.
E-2 Employee petitions require the sponsoring E-2 business to demonstrate that the position requires specialized expertise and that the employee will meaningfully direct or develop the enterprise. A second attempt that does not address the original weakness will face the same result.
Neither denial represents a flaw in the E-2 process. Both were specific, addressable problems. If you are concerned about your investment level or business model, run a free eligibility check before filing.
How the 38 cases were selected, measured, and categorized.
Every E-2 decision for Canadian citizens handled by Visa Franchise between January 2025 and September 2026, drawn from our internal client management system. Includes approvals, denials, first attempts, and second attempts.
A case is counted only when the consulate or USCIS issued a formal approval or denial. Pending applications and cases still in process at the data cutoff are excluded.
Total capital placed at risk by the applicant, as recorded at filing, rounded to the nearest thousand. Two cases with no investment amount on record show as n/a and are excluded from investment calculations. One Employee Visa Program™ case reflects employer-funded investment.
Calendar days from petition filing to the approval or denial decision, as recorded in our client management system.
Assigned by Visa Franchise based on each business's primary activity. Some businesses span more than one category and may appear under multiple groupings in the summary table.
Visa Franchise is a business consulting firm, not a law firm, and does not provide legal advice. Immigration legal services are provided by independent, licensed immigration attorneys whom clients engage directly. Nothing here is legal advice or a guarantee of any immigration outcome. Eligibility and results depend on the specifics of each case and are assessed by the attorney.
Expert perspective from Patrick Findaro
“Of the 36 approvals in this dataset, 35 went through on the first attempt. That tells you something about preparation. The consular officers at Toronto are experienced with E-2 filings. What they want to see is genuine capital at a level that is substantial relative to the cost of the enterprise, and a credible plan showing you will actively manage it. When you get those two things right, a 94.7 percent approval rate is not a surprise.”
Patrick FindaroFounding Partner, Visa Franchise
Answered using real data from 38 decided cases.
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