New Brunswick’s Business Immigration Stream now recognizes only two accounting firms for mandatory net worth verification: Doane Grant Thornton LLP and MNP LLP. MDD Forensic Accountants has stopped accepting new clients for this service. Entrepreneur applicants must book their financial review with one of the two remaining designated firms before their New Brunswick Provincial Nominee Program file can move forward.
Why Net Worth Verification Still Trips Up Entrepreneur Applicants
Every business owner who applies through the New Brunswick Provincial Nominee Program’s Business Immigration Stream must prove their net worth through an independent, third-party review. It sounds simple. It rarely is. Founders juggle multiple companies, joint assets, foreign property, and family trusts. A designated accountant has to untangle all of it into one clean figure that immigration officers accept without question.
At ImmigCanada, we walk clients through this step long before their file reaches an accountant’s desk. A messy net worth package is one of the most common reasons a strong entrepreneur candidate stalls mid-process. Getting the paperwork organized early saves weeks later.
Which Accounting Firms Can You Use in 2026?
As of this update, New Brunswick recognizes two designated providers for net worth verification under the Business Immigration Stream.
- Doane Grant Thornton LLP
- MNP LLP
MDD Forensic Accountants, previously a third designated option, is no longer accepting new engagements for this service. If your application strategy assumed MDD as your provider, you will need to redirect your request now, not after your Invitation to Apply lands in your inbox.
What Happens If You Use the Wrong Firm or Miss a Deadline?
Two rules catch applicants off guard every intake cycle. First, timing: your net worth verification report must be completed and submitted within 90 days of receiving your Invitation to Apply. Second, conflict of interest: you cannot use the same designated firm for both your business plan development and your net worth verification. Doing so is treated as a conflict and can result in an outright refusal, regardless of how strong the rest of your file looks.
Once issued, a verification report stays valid for 12 months. That window matters if your provincial nomination timeline stretches longer than expected, since a lapsed report means starting the financial review over again.
How Does This Fit Into the Bigger New Brunswick Business Immigration Picture?
Net worth verification is only one checkpoint in a longer sequence that includes minimum net worth and investment thresholds, a points-based assessment, a business plan, and a formal interview with provincial officials. Entrepreneurs who treat the accounting review as an isolated task, rather than one piece of a coordinated strategy, tend to lose momentum between steps. The applicants who move fastest are the ones who line up their accountant, their business plan writer, and their immigration consultant at the same time, so nothing sits idle waiting on someone else’s calendar.
A Composite Case From Our Files
The scenario below is an illustrative composite drawn from the pattern of cases ImmigCanada’s team regularly supports. It is not a description of one specific, identifiable client.
A restaurant group owner from the Philippines approached ImmigCanada with roughly CAD 700,000 in combined personal and business assets spread across two countries. Under the guidance of RCIC Eivy Joy Quito, the applicant restructured supporting documents before engaging a designated accounting firm, which shortened the verification timeline considerably compared to applicants who arrive with unsorted records. The file cleared net worth verification well inside the 90 day window and moved on to the interview stage without a single request for additional documents.
Frequently Asked Questions
No. MDD Forensic Accountants is no longer accepting new clients for New Brunswick net worth verification. Use Doane Grant Thornton LLP or MNP LLP instead.
You have 90 days from the date you receive your Invitation to Apply to complete and submit the report.
The report remains valid for 12 months from its issue date.
No. Using the same designated firm for both services is treated as a conflict of interest and can lead to refusal.
No. Net worth verification only confirms your overall financial standing. Investment and net worth thresholds are assessed separately as part of your eligibility review.
This is common and manageable, but it takes more preparation. A consultant can help you organize supporting documents before your accountant review begins.
Planning a New Brunswick Business Immigration application? Our team, led by RCIC Eivy Joy Quito, can help you sequence your accountant, business plan, and provincial file correctly the first time. Book consultation with ImmigCanada!