You may submit an application to have your Good Faith Deposit returned:
- Within 2 years of reaching Saskatchewan;
- Once you have established or acquired a business in Saskatchewan, invested the minimum amount as stated in the Performance Agreement, and be involved in the daily management and operation of the business – hence having satisfied the terms of the Performance Agreement;
- When you can show at least 6 months of active investment in such business.
If you find any of these criteria apply to you, then you are to submit a Deposit Return Request and all supporting documentation to the effect that you have met all the terms of your Performance Agreement.
After the SINP finds all the conditions pertaining to deposit return are met, it will further instruct Scotia bank to have your deposit as well as any accumulated interest, returned to you.
In case the SINP determines that you have not met the conditions pertaining to deposit return, you will be accordingly advised of the pending criteria which you will need to meet so as to have your deposit back.