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2 years out of last 5 years stay - When does the 5 year ticker clock start?
With regards to citizenship, please note that you do need to meet the physical presence conditions to apply for citizenship. As stated at http://services3.cic.gc.ca/rescalc/resCalcStartNew.do?&lang=en:

“absences from Canada may have an impact on your residence. Only a citizenship judge can determine if you meet the residence requirements with fewer than 1,095 days of physical presence.”

So, while you may be able to maintain PR while outside of Canada, you should be careful with regards to applying for citizenship without required physical presence.

Also, with regards to Canadian company:

“Exclusion
(2) For greater certainty, a Canadian business does not include a business that serves primarily to allow a permanent resident to comply with their residency obligation while residing outside Canada.”

So if you are thinking of starting a company in Canada and hiring yourself to a US company, you will not maintain your PR status.

Ray
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