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Whereas "Permanent Residence" (PR) is a requirement for Canadian citizenship, temporary residency has little to do with citizenship, in that one cannot go from temporary resident to citizen without first going through another program. More specifically, the classes of Temporary Resident Documents under IMM1442 are as follows:
Permanent residency is a person's legal resident status in a country or territory of which such person is not a citizen but where they have the right to reside on a permanent basis. This is usually for a permanent period; a person with such legal status is known as a permanent resident.
Temporary difference do give rise to potential deferred tax, but the rules on whether the deferred asset or liability is actually recognised can vary. Temporary differences are usually calculated on the differences between the carrying amount of an asset or liability recognized in the statements of financial position and the amount attributed ...
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Differences between taxable income and the pre-tax income or profit number reported for financial statements are either temporary or permanent in nature. Permanent differences result when deductibility rules differ in perpetuity between accounting and tax law. Temporary differences result when the recognition of deductions for tax and ...
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Total permanent and temporary net migration rates per 1,000 people.. Circular migration or repeat migration is the temporary and usually repetitive movement of a migrant worker between home and host areas, typically for the purpose of employment.
You might be familiar with permanent or term life insurance. However, short-term life insurance is a type of term plan that offers coverage for up to a year. Although short-term life insurance isn ...