In this program, there are number of provinces which have their own business immigration programs. And each province has its own requirements and selection criteria. However, in general there are two step process that leads to permanent residency. First, is to get nominated by the province and then apply to citizenship and immigration Canada for permanent residency. As it was mentioned, the requirements can be different from one province to another.
Each of the programs can lead to Permanent Residency.
A chart showing the entrepreneur conditions of each province is given in this page.
Parsis International Inc