Michel is interested in applying to Quebec under their Self-Employed Program. He has a net worth of $125,000 Canadian.

Is this sufficient to meet the net worth criterion for this program?

Select one:

a. Yes, as the applicant must have a minimum of $100,000 in transferable assets in order to meet this criterion.

b. No, as the applicant must have a minimum of $1,600,000 in transferable assets in order to meet this criterion.

c. Yes, as the applicant must have a minimum of $50,000 in transferable assets in order to meet this criterion.

d. No, as the applicant must have a minimum of $300,000 in transferable assets in order to meet this criterion.