News Source:
http://www.cic.gc.ca/english/immigrate/IIP-EN.asp
On June 19 2014, Bill C-31 became law, and applications still in the backlog of the federal Immigrant Investor Program and Entrepreneur Program were terminated.
If a selection decision was made on your application before February 11, 2014
Your application is not affected and will continue to be processed.
Even if you have not yet completed the required investment or submitted the results of your immigration medical exam, your application is not affected by this legislation.
See What is a selection decision?
If a selection decision was not made on your application before February 11, 2014
Your application has been terminated. CIC will contact you, directly or through your immigration representative, to provide information on how your fees will be returned.
All fees you paid to CIC will be returned without interest.
If you applied under the federal Immigrant Investor Program and already made your investment, you will get your investment back, without interest.
We will not reimburse other application costs such as language tests, financial audits, bank charges or representative fees.
Note: There are a small number of cases where a selection decision was made on or after February 11, 2014, and the application was processed to completion, and a final decision was made before Bill C-31 became law. Those applications are not affected by the legislation.
How to get your fees return
Please see the source link.