First, your child will become a Canadian. Pay attention to your medical bill though. You have to pay about $2,500 per day for hospitalization. Make sure you have enough money if you have complications and must be hospitalized for a few days. Your child cannot sponsor you for immigration status before he or she turns 19 years of age and meet all conditions including income. We are talking about twenty something years later. You can check out www.cic.gc.ca or browse my responses in the past to learn more about various methods of applying for landed status in Canada. Currently, for skilled labour, it takes about 5 years to complete, though last week, CIC announced they will put in more resources to cut down the process time to 3 years. Investment takes shorter, about 18 to 24 months. The fast is reunion of husband and wife, about 6 to 12 months.