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Greenbank Capital sets up subsidiary to serve Canadian immigrants

Greenbank Capital Inc. established a subsidiary that will provide services to expatriates seeking to settle in Canada.

Expatriate Assistance Services Inc. will provide assistance for clients for an initial fixed fee for 90 days. Clients can then continue to use the services on an "as needed" basis. Services offered include employment and education opportunities, immigration and visa procedures, housing, banking facilities and professional services.

The move follows the Conference Board of Canada's call for an increase in the rate of immigration to the country. Immigration accounts for most of Canada's labor growth and about 30% of GDP growth, the company said.