[ramanujam]

The bad part: The investment has to come from a canadian VC or angel firm. It doesn't clearly state if it is a requirement though [1].

The good part: As many have already mentioned, it is a permanent residency status and not just a temporary visa. It comes along with all the health care benefits and social benefits as what Canadian citizens get [2]. So even if your first business fails, you will have the opportunity to start another one or find a job.

[1] http://www.cic.gc.ca/english/helpcentre/answer.asp?q=653&t=6

[2] http://www.cic.gc.ca/english/newcomers/about-pr.asp

[wellboy]

Wouldn't make sense for Canada to give you a visa with an American investor and probably your company registered in the U.S. though, would it?

[dangerboysteve]

Well if it does not the system would be completely raped!

[steveklabnik]

Since I downvoted, I'll tell you why: this comment is factually incorrect. It's not possible to have sexual intercourse with a government program, let alone coercive sexual intercourse.