Category: Immigration

Business Travel to Canada: Navigating the Requirements for a Business Visa

Do you wish to fly to Canada for business purposes or establish a business in Canada? You’re in the perfect place! You can make it possible by applying for a Canadian business visa. But first, read on to know more about it! 

What is a Canadian business visa?

A Canadian Business Visa is a temporary visa that allows business people to visit Canada for business-related activities. The purpose of this business visa for Canada is to facilitate temporary business visits for individuals seeking to explore business opportunities in Canada.

It also includes investing in a business, expanding business ties, offering or receiving training, and engaging in international business ventures without being employed in Canada.

Canadian Business Visa Programs

Canada currently offers multiple provincial business visa programs in addition to the three federal programs mentioned below.

Intra-Company Transfer Visa

The Intra-Company Transfer Visa is an immigration program that provides overseas business entrepreneurs with the opportunity to transfer to Canada and set up their business there. It also offers permanent residency for overseas entrepreneurs and self-employed individuals. 

Start-Up Visa

Entrepreneurs can immigrate to Canada under the Start-Up Visa Program (SUV) and establish a new business. This program aims to pull in business owners from all over the world who can innovate, compete worldwide, employ Canadians, and contribute to Canada’s economy.

Entrepreneur (C11) Visa

Through the C11 Entrepreneur Work Permit program, foreign investors and entrepreneurs are allowed to operate as independent contractors in Canada. The program was launched under the International Mobility Program (IMP).

Provincial Nominee Programs

The federal and provincial governments of Canada run the Provincial Nominee Program for Canadian Immigration. There are over 17 business immigration streams available to choose from. This program aims to bring in foreign workers with professional skills that are in demand in Canada. However, PNP is not suitable for business immigrants. By using one of the previously mentioned federal programs, you might be able to obtain a business visa more quickly and easily.

Canadian Business Visa

Benefits of a Canadian Business Visa

Some of the benefits of a Canadian business visa are mentioned below for you.

  1. Your spouse can work in Canada.
  2. Your children can pursue free education. 
  3. You will enjoy the privilege of living a high-quality life.
  4. You get to engage in business activities such as attending meetings, conferences, and workshops.
  5. You can grow your business by expanding your company in different areas. 
  6. You will get access to social benefits such as health care coverage, social care benefits, and free education.
  7. In Canada, well-established business people can open new locations or purchase existing ones.
  8. You can become a Canadian citizen by investing or fulfilling residency requirements.

Operations in a business

When visiting on business, you engage in the following activities:

  1. Buying Canadian goods or services for a foreign business or government
  2. Accepting requests for products or services
  3.  Attending trade fairs, conventions, meetings, and conferences
  4. Providing post-purchase assistance through a sales contract or guarantee
  5. Working for an organization outside of Canada and receiving training from a Canadian parent company.
  6. Providing instruction to staff members of a foreign company’s Canadian branch.
  7. Receiving instructions from a Canadian company that has supplied you with tools or services.

Eligibility Criteria for Canadian business visa

To obtain a business visitation visa, you need to fulfil a few eligibility requirements, which are listed below:

  1. You must have a passport with a minimum validity of 6 months or more.
  2. You should have no criminal record or commit any immigration-related offenses.
  3. Illustrate to the immigration officer that you have ties to your home country.
  4. State your intentions of leaving Canada once the purpose of your visit is over to the immigration officer.
  5.  You should be financially sufficient during your stay in Canada.
  6. The purpose of your visit, the length of your stay, whether you will be staying in a hotel or with friends or family, and other factors will all affect how much money you will need.

How do I apply?

You can begin the application process for a Canada Business Visa as soon as you meet the eligibility requirements listed above. There are a few steps that you need to follow:

  1. Verify your eligibility for a Canadian business visa.
  2. Gather the application forms and required supporting documents.
  3. Submit your application for a business visa.
  4. Wait for processing and respond to further information requests.
  5. Forward your passport to be stamped. 

You can move forward with your application and pay the visa application fees after you have submitted all the necessary documents.


The Canadian business visa can take 1 to 8 months to be approved, depending on your business immigration program. While provincial programs typically take eight months, some federal programs can take as long as three months on average. Please be aware that this processing time relates to the time it takes to process your work permit so you can work for your Canadian employer.

To ensure your move to Canada goes smoothly, it is best to work with a reputable immigration consultant. Don’t hesitate to reach out to one for assistance. CanApprove ensures to assist you right from filling out your application until you become a permanent resident of Canada. If you’d like to know more, talk to our experts at CanApprove; we’d love to hear from you! 


      1.How much money is required for a business visa in Canada?

If the funding comes from a reputable Canadian venture capital fund, you must secure a minimum investment of $200,000. If the investment comes from a designated Canadian angel investor group, you must secure a minimum investment of $75,000. It is not necessary to obtain funding from a business incubator.

       2.Can I start a business in Canada without PR?

To register your business in Canada, you do not need to be a citizen or permanent resident of Canada. But if you do not have a valid work permit, you cannot work for your business.

       3.How long can you stay in Canada with a business visa?

The maximum validity period for the temporary Canada Business Visa is six months. Even if your stay is shorter than six months, it is still advised that you stay for the duration you indicated in your application.

Exploring Canada as a Tourist: Must-Visit Destinations and Attractions

Excited about your trip to Canada? Take a glimpse of these best destinations that you “must” visit Canada as a tourist! We’re sure you’ll have an amazing lifetime experience! Here you go!

Canada Tourist Destinations and Attractions!

1. Notre-Dame Basilica (Montreal)

One of the oldest basilicas in history, the Notre Dame Cathedral is built with awe-striking French Gothic architecture. Beginning in the middle of the 12th century, it took two centuries to build. Notre Dame is most famous for its amazing artwork. The flying buttresses, ribbed vaults, sculptures with stunning naturalistic details, and three magnificent rose windows.

With such a huge history, tourists from all over the world flock to see this masterpiece. If you’re a lover of visiting ancient treasures like these, don’t forget to visit the Notre Dame Cathedral in Canada!

2. Old Québec City

Old Quebec City exudes European beauty while embracing the legacy of Quebecois culture, with cute shops, lip-smacking eateries, and aesthetic outdoor cafés lining every block. While taking in the allure of Old Québec’s contemporary charm, the 400 years’ history flabbergasts the visitors.

You can take a tour of one of the world’s most beautiful Vicorin libraries and walk around the colourful streets under napalm skies in old Quebec City. It’s a great experience you wouldn’t want to miss!

3. Visit Canada ‘s Niagara Falls

The Niagara Falls date back approximately 12,000 years. In Niagara, there are two waterfalls: Horseshoe Falls in Canada and American Falls. Water painting artists from all over the world embrace the natural beauties of this city as a source of creative inspiration; hundreds of these early impressions exist today.

As a tourist, you’ll get a chance to discover a world-class natural wonder, wander miles of perfect hiking paths and magnificent scenery, engage in outdoor activities, and savor the natural joys of orchards and wineries that have won medals.

4. Northern Lights

One of the best things to do in Canada is to see the Northern Lights! These dreamy, surreal skies are situated in Churchill, Manitoba. It is one of the best places in Canada to see the Northern Lights. Night-time scenes in the northern skies occasionally display these phosphorescent green, yellow, and pink lights.

The Northern Lights have been a fascination for travellers and tourists from all over the world for centuries. The best time to view the Northern Lights is during the winter, from November to March, in several locations across Canada.

5. Lake Louise

Lake Louise leaves you “awestruck” by its striking beauty. With Mount Victoria and a hanging glacier as its backdrops, this alpine lake in Banff National Park has a vibrant turquoise blue colour that is created by glacier melt. Millions of tourists visit this magical place every year.

It provides an abundance of top-notch summer trails suitable for both beginners and pros. Riding a horse or mountain bike on some of these trails is permitted; kayaking, canoeing, and rock climbing are some of the activities you can do on the nearby mountain faces.

6. The Canadian Rockies

The Canadian Rockies are one of Alberta’s most famous landscapes. They are home to towering peaks, glistening glaciers, turquoise lakes, endless forests, and an abundance of wildlife. You can enjoy spending time looking at this natural wonder. It is also interesting to explore the raging rivers, waterfalls, and canyons along the well-known Icefields Parkway.

The glacial lakes and rivers of the Canadian Rockies have an eye-catching turquoise colour, reminiscent of Slovenia’s Soca River. The Rockies have something to offer everyone who wants to explore them.

7. Victoria

Victoria is a truly unique destination for tourists. water surrounds the vibrant city that while the powerful rainforests of Vancouver Island and the serene waters of the Salish Sea nestles it. Owing to the growing climate, the city is known as Canada’s Garden City. Since 1970s, the city holds the annual flower count. In 2022, the count of the blooms were 27,875,292,158 in total!

One of the largest and most significant collections of Asian art in Canada can be seen at the Art Gallery of Greater Victoria. You can experience world-class attractions, boutique hotels fit for a queen, and freshly prepared farm-to-table cuisine that is measured in meters rather than miles.


Canada offers clean, safe, friendly, multicultural, cosmopolitan cities. It is one of the most livable nations in the world. You can take time and discover charming small towns, breath-taking landscapes, imposing mountains, and other locations. You can explore many amazing locations, such as the Royal Ontario Museum and the Butchart Garden if you have a lot of time exploring Canada.

If you’re wondering about how to fly to Canada! You know who to call! CanApprove is right here to make your dreams of flying to Canada come true! Talk to our experts for a smoother and hassle-free visit to Canada! We’d love to hear from you!


1. What are the top Canada Tourist Destinations and Attractions?

Millions of tourists visit Canada’s most well-known natural landmark, Niagara Falls, each year. Located near the American border, these enormous falls drop about 57 meters; it takes just over an hour to get there from Toronto.

2. What are the most famous Canada Tourist Destinations and Attractions?

Canada is renowned for its breath-taking natural beauty and is home to many amazing outdoor wonders. One reason for its exceptional natural beauty is the diversity of its coastlines. Canada has the longest coastline in the world, 202,080 km long, spanning the Pacific and the Atlantic.

3. How is life in Canada?

Canada is the world’s second-biggest nation. In Canada, over two-thirds of the population resides within 100 kilometres of the southern border, and over 80% of people live in cities. Among the happiest people on Earth, Canadians enjoy one of the greatest standards of living and ranking them top 10 in the world!

Canadian Experience Class: Your Path to Permanent Residency

What is a Canadian Experience Class Program?

Immigration, Refugees, and Citizenship Canada (IRCC) launched the Canadian Experience Class (CEC) in 2008. It offers temporary foreign-skilled workers in Canada a pathway to permanent residency. Governments across Canada, communities, employers, and immigration candidates themselves consider the Canadian Experience Class to be one of the most successful immigration routes.

Benefits of the CEC Program

More international students and temporary foreign skilled workers are choosing to establish themselves in Canada. Thanks to the CEC program. Here are some benefits you can enjoy in Canada as an international student and skilled professional through the CEC program.

1. You have the privilege of enjoying the benefits of the Canadian government just as other permanent residents and citizens of Canada do, including healthcare and other services.
2. You can sponsor your spouse and other family members to work in Canada legally.
3. As an international student, you can choose to study at the best Canadian universities.
4. You can apply for Canadian citizenship after residing in Canada for 3 years and obtaining a Canadian passport.
5. You can reside and work anywhere in Canada.

Requirements for the Canadian Experience Class Program

Before applying for the Canadian Experience Class program, you must meet certain eligibility criteria. Some of them are mentioned for you.

1. You must possess at least a year of professional, skilled, or technical employment experience within 36 months of the application date.
2. If you intend to live and work outside of Quebec, you can apply to the Quebec Experience Class if you have work experience there and plan to stay there.
3. You must have a Canadian Language Benchmark of 5 (initial intermediate) for NOC B jobs or CLB 7 (adequate intermediate proficiency) for jobs considered to be NOC skill level 0 to A jobs.

You can stay in Canada for the duration of the application process. If you apply for the Canadian Experience Class within three years of quitting your Canadian job and do not reside there,  you are still eligible to enroll.


Canadian Experience Class

Eligibility for Canadian Experience Class as an international student

The following is the most common path for an international student using the CEC to become a permanent resident of Canada:

1. Complete your course of study at a Designated Learning Institution (DLI) in Canada.
2. Apply for a Post-Graduation Work Permit through the IRCC portal online.
3. Obtain at least 1,560 hours of work experience in Canada under NOC TEER categories 0, 1, 2, or 3 using your PGWP.
4. Take up a language test, English or French, with a minimum CLB of 7 for NOC category 0 with one year of work experience and a minimum CLB of 5 for NOC category 2 with at least 3 years of work experience.
5. Enter the Express Entry pool. The IRCC will attempt to process your application for permanent residence within 6 months if you receive an invitation to apply.

Eligibility for Canadian Experience Class as a temporary foreign worker

The following is the most common path for a temporary foreign worker  using the CEC to become a permanent resident of Canada:

1. Obtain a Canadian work permit.
2. Obtain at least 1,560 hours of work experience in Canada under NOC TEER categories 0, 1, 2, or 3.
3. Take up a language test, English or French, with a minimum CLB of 7 for NOC category 0 with one year of work experience and a minimum CLB of 5 for NOC category 2 with at least 3 years of work experience.
4. Enter the Express Entry pool while the IRCC will attempt to process your application for permanent residence within 6 months if you receive an invitation to apply.

How do I apply for Canadian Experience Class?

Here’s the process of transitioning from a temporary foreign worker in Canada to a Canadian permanent resident.

1. Get a Canadian work permit

If you’re among those who are eligible under the International Experience Class (IEC) program or a partner of an international student or worker in Canada, then an open work permit could be an option for you. 

2. Complete at least a year of employment in Canada

To be eligible for the Canadian Experience Class program, you must have at least one full year of employment in Canada.

3. Make sure you fulfill the requirements

Here’s a little “tip tip”: Take up a legit language test, such as the IELTS or CELPIP. You will receive extra credit for proficiency in your second language if you demonstrate some proficiency in both French and English.

4. Create an Express Entry profile

Complete an Express Entry profile on the IRCC website. You must provide personal information along with supporting documents as proof. 

5. Enhance your CRS profile and ranking

If you have obtained an Educational Credential Assessment (ECA) and completed your studies outside of Canada then you are eligible to receive these points. To increase the chance that you will be invited to apply for permanent residence, you should obtain an ECA or upload documentation of your Canadian educational credentials. 

6. Obtain an invitation to apply

You have 60 days to send in a final application. When the IRCC draws from the Express Entry pool, ITAs are distributed.

7. Complete a medical examination, provide background checks for security, and submit an online application

Every applicant for the Canadian Experience Class is examined for possible criminal and medical limitations. You must include proof supporting your application stating the completion of a medical examination by a panel physician recognized by the IRCC.

8. Your online application will be reviewed

The Immigration Officer of Canada will review your online application and inform you if there’s anything else to add to it.

9. Confirm your status as a permanent resident and complete the landing

80 percent of Canadian Experience Class applications are completed in less than six months. A confirmation of permanent residence (COPR) will be given to you if your application is approved.

10. Receive your PR card

After obtaining your status confirmation, you can proceed with applying for your PR card. You can use this card as proof of your Canadian status if you travel outside of the country.


One of the three programs guided by Canada’s Express Entry system is the CEC and If you’re looking for more insights, our team of dedicated immigration experts is here to give you all the information you need about the Canadian Experience Class program. Looking for ways to enrol? Connect with CanApprove, we’d love to hear from you!


1. What is the minimum score for CEC?

The Canadian Experience Class program was an exceptional draw that invited candidates with the lowest score of 75 points.

2. How long does it take to process the Canadian Experience Class?

The processing time for the Canadian Experience Class usually takes 6 months. 

3. Do I need LMIA for a Canadian Experience Class?

If you are invited to the Canadian Experience Class, you don’t need an LMIA to meet the program requirements. 

Sponsor your family members to immigrate to Canada!

Living far away from family and loved ones is challenging and could also leave you overwhelmed. Some countries find ways to encourage family reunification. Canada is one of the countries that provides a family sponsorship program that makes families come together and become permanent residents in Canada.

If you’re in Canada, looking for ways to bring your daily members, or the one who wants to go to Canada and live with your loved ones, this blog has it all! Read on and know more about family sponsorship.

What is a Canadian Immigration Family Sponsorship?

A Canadian citizen or permanent resident can sponsor their family member to immigrate to Canada permanently through the Canadian Immigration Family Sponsorship Program. Under this program, the sponsored family member can reside, work, or pursue their education in Canada while they are looking to reside in Canada permanently. After economic immigration, family sponsorship is the second-largest category of immigration to Canada.

Who can I sponsor for Canadian Immigration?

The family sponsorship program is the second-largest category of immigration after the economic immigration program. Once you are a citizen or permanent resident in Canada, you will be able to sponsor family members’ immigration to Canada.

The following members are eligible to be sponsored under the family sponsorship program:

  • Spouse or Common-law Partner
  • Dependent Child
  • Parents or Grandparents

family sponsorship program

Sponsor your Spouse or Common-law Partner

Spousal sponsorship in Canada is when a Canadian citizen or a permanent resident of Canada sponsors their spouse to come to Canada and live there permanently. In Canada, applications for spouse sponsorship are given high priority. Processing a sponsorship application from beginning to end takes about a year.

Usually, they take a year or more to process, though this can vary based on the particulars of your case. To sponsor your spouse, common-law partner, or conjugal partner to immigrate to Canada, you will not require a job. Spousal sponsorship does not have an income minimum, in contrast to other sponsorship programs.

Sponsor your Dependent Child for Canadian Immigration

Children of the sponsor must meet the criteria of a dependent child to be eligible for this sponsorship. To be eligible for sponsorship, children must meet the definition of a dependent child. A child who is under 22 years old and not married or in a common-law relationship is considered a dependent, no matter whether they are their parent’s biological or adopted child and a Canadian citizen or permanent resident.

If a child over the age of 22 has a physical or mental illness that keeps them from being able to support themselves, they will be considered dependent.

Sponsor your Parents and Grandparents

Canadian citizens and permanent residents are the sponsors of parents and grandparents to immigrate to Canada, just like other sponsorships. Parents and grandparents who are accepted under this program are granted permanent residence in Canada and may eventually be eligible to petition for citizenship.

The deadline for submitting a completed PGP sponsorship application is 60 days from the date of the invitation. The invitation to apply letter that you received from IRCC will specify when you must submit your application.

Eligibility Criteria

To be eligible to sponsor any of your  family members, you must meet the following common criteria:

  1. You must be a Canadian citizen or a permanent resident of Canada.
  2. if you’re a Canadian citizen residing outside Canada, you should state your plan of living in Canada when your sponsored relative becomes a permanent resident.
  3. You must be at least 18 years of age.
  4. You must be financially sufficient to provide for your family.
  5. Provide proof of your true relationship with the sponsored person through supporting documentation.


When you’re sponsoring your family members, make sure they possess valid passports and travel documents while they are traveling.  You should renew any documents that are about to expire. The person you are sponsoring must send copies of the new passport or travel document to the office for the application process.

The application process might sound a little challenging. Don’t worry! CanApprove is here to guide you in every step of the process. We have a team of the best immigration and overseas education consultants in Canada who ensure a flawless application and impeccable documentation process.

We will guide you through the whole process, right from filling out your application until you settle in Canada. Planning to apply for a temporary resident visa? Talk to our experts at CanApprove, we’d love to hear from you!


1. Can I sponsor my whole family to Canada?

You can bring family members to Canada if they have been approved for permanent residence as your dependents. This will include your spouse or common-law partner and your dependent child.

2. How long does family sponsorship take in Canada?

 Applications for sponsorship typically take about 10 months from the time you begin the process until you receive a response from Immigration, Refugees, and Citizenship Canada (IRCC).

3. What is the easiest way to immigrate to Canada?

Family sponsorship is the simplest route for you to live in Canada if you have an eligible family member who is a citizen or permanent resident of the country.

What is a Schengen visa? Detailed guide on visa for Europe

Schengen Visa ~ The most common term floating in the air if you are a person who is very observant about the immigration culture.

✔️What is it? 🤔

✔️What does it offer? 🤔

✔️Why it is so special? 🤔

✔️Can I apply for one? 🤔

These are some common questions that the European Immigration aspirants have. Let’s break ‘em all down!

In this piece of content, we are going to have a detailed view of what a Schengen Visa is and the ins and outs of the same!

What is a Schengen Visa? – Wait!!

Before, discussing about Schengen Visa, we need to know what Schengen countries are. Some of the European countries are clubbed together as Schengen countries and they share some common immigration protocols. Those countries include,

1. Austria, Belgium, Croatia, Czechia, Denmark

2. Estonia, Finland, France, Germany, Greece

3. Hungary, Iceland, Italy, Latvia, Liechtenstein

4. Lithuania, Luxembourg, Malta, The Netherlands, Norway

5. Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, Switzerland

These countries have abolished passports and other border controls on their mutual terms. People travelling through these countries can move freely from one country to another without the need of separate visas and passport checks at the borders.

All the above listed countries are operating upon the Schengen agreement which allow seamless movement of people to and fro. What’s to be noted is some of the non-EU countries like Iceland, Switzerland, and Norway are a part of the Schengen area while some of the EU countries like Ireland and the UK are independent and have not adopted the Schengen policies.

Schengen Visa

Schengen Visa permits the nationals of non-EU countries to travel to the Schengen countries in Europe for up to 90 days within a period of 6 months. Whether the purpose of visit be visiting family, friends or tourism, this visa is your golden ticket to the Europe (and some non-EU Schengen countries too).

Key points

1. Schengen visa permits you to stay for up to 90 days and travel throughout the Schengen countries.

2. You should apply for a visa to the Schengen country where you are going to visit first or where you will be staying for a longer period of time.

3. Usually, it takes 2 weeks or lesser to apply for a European visa, however, it depends upon the embassy’s discretion.

4. There will not be any hurdles that you’d potentially face while applying for a Schengen visa.

How is it different from a student visa?

As the name implies, a student visa a dedicated visa allowing international students to study in a designated European Country. While Schengen Visa is a temporary visa used for transitory purposes. But, if you are planning to undertake a 3 month fast-track program, you can do it with a Schengen visa itself in the Schengen area.

But if the program is for more than 3 months, a long-stay student visa in the country of your study should be obtained.

Know your purpose!

While applying for a Schengen visa, you should have your purpose and privileges known. Schengen visa is only a temporary visit visa used for transitory purposes and it will not permit you to work or live permanently in the Schengen countries. It is a multiple entry visa with which you can stay in a Schengen country for 90 days within a period of 6 months.

The visa validity can vary depending on the Schengen country you are applying the visa to as each Schengen member state may have their own protocols for issuing the Schengen visas.

How to apply for a Schengen visa?

Determine the Schengen country to apply to: You should apply to the Schengen country that is your main destination or the first country you will visit. If you plan to visit multiple Schengen countries with no clear main destination, you should apply to the country where you will spend the most time.

Check the visa requirements: Visit the official website of the consulate or embassy of the Schengen country you plan to apply to. They will provide information on the specific visa requirements, application forms, and fees. Each country may have slightly different requirements.

You will typically need the following documents:

1. Completed visa application form.

2. Valid passport with at least two blank pages and six months validity beyond your intended departure date.

3. Recent passport-sized photos.

4. Travel itinerary, including flight reservations and accommodation bookings.

5. Travel insurance with a minimum coverage of €30,000.

6. Proof of financial means to cover your expenses during your stay.

7. Proof of the purpose of your trip (e.g., invitation letter for business or hotel reservations for tourism).

8. Depending on your circumstances, you might need additional documents such as a no-objection letter from your employer or proof of ties to your home country.

Schedule an appointment: You will need to schedule an appointment with the consulate or visa application centre in your country. Be prepared to provide biometric data (fingerprint scans and photographs) during your appointment.

Attend the appointment: On the scheduled date, submit your application and all required documents at the consulate or visa application centre. Be prepared for an interview and additional questions about your trip.

Pay the visa fee: You will typically need to pay a non-refundable visa application fee. The fee amount may vary depending on your nationality and the type of visa you’re applying for.

Wait for a decision: The processing time for a visa can vary from a few days to several weeks, so apply well in advance.

Collect your visa: If your application is approved, you’ll be issued a Schengen visa in your passport. Check the visa to ensure it matches your intended travel dates and purpose.

Book an appointment now!

Wrapping up…

CanApprove is an immigration and overseas education service providing firm that’s been providing exceptional visa assistance to abroad aspirants since 1998. If you ever want a consulate’s assistance to apply for your Schengen visa, Canada visa or Australia visa, then you can bet on CanApprove! Connect with our immigration coordinator right away!

Thanks for reading 😊

Proof of Funds – All you need to know about funding your studies in Canada!

Proof of Funds – Overview

Is your intuition driving you to study abroad?
Canada! Canada undoubtedly is an appropriate place for you to study. The welcoming nature of the country, renowned institutions, globally acknowledged degrees, affordable tuition cost, and enjoyable livelihood. All these aspects make Canada a melting pot for international students to plan their higher education there.

But before planning, every student will look for the requirements that one is obliged to meet to study in Canada. One of the important requirements is the funding part. Be it any overseas education destination, financial capability is the first requirement to plan for international education.

Getting admission from a college or a university in Canada is not a hard nut to crack but filing for a visa and getting an approval have a whole lot of processes that must be immaculately carried out. Visa filing is the crucial part where the discretion of your approval lies in, and this is the phase where one’s financial capability is evaluated.

Documents for Proof of Fund

Let’s delve a bit into the funding part…

To prove your financial sufficiency for your Canadian education, you need to submit your proof of funds. This explains about your financial stature to realize your study in Canada.

What is Proof of Funds?

To make your academic visit to Canada hassle-free, you need to prep yourself financially. You must prove to the Canada immigration high commission that you are financially sound. This can be done by enclosing some of the important funding documents that are considered Proof of Funds.  This document explains you are financially sufficient and will not be facing any hurdles throughout your stay in Canada.

And Canada is very particular because immigrants and international students should be the form of sources that contribute to the economy of the country and should not become an economic burden instead.

Hence, an individual proven to have financial back up that suffices his or her stay in Canada including tuition fee, living cost and every other expense incurring in the country will be considered an eligible person and will get a blue tick by the Canadian immigration council.

Proof of Funds for my possession?

You may wonder ‘how much amount am I supposed to arrange for my Canada education?

  1. Students coming to Canada should have secured CAD 10,000, deposited it in a Canadian Bank like CIBC Bank, Scotia Bank or ICICI Bank and should have got a GIC (Guaranteed Investment Certificate) against the amount.
  2. If the student is accompanied by a family member, an additional CAD 4,000 should be included along with CAD 10,000
  3. For each additional family member, CAD 3,000 will be included.
Funds Required (in CAD) Belongs to
10,000 The primary applicant (Student)
4,000 1 accompanying family member
3,000 each additional member included

Note: All the particulars mentioned above are projected excluding the tuition fee. Tuition fee is subject to the discretion of the institution that admits you.

The proof of funds that can be enclosed along with the visa application include,

🍁Canadian Bank account and GIC certificate (as mentioned above)

🍁Proof of education loan (if availed)

🍁Bank Statements of last 6 months and then Bank Balance Statement

🍁Proof of Payment towards your Tuition Fee and Housing Rent

🍁Scholarship funds paid inside Canada or Funding documents of Canadian-funded educational program (if applicable)

🍁And any other funding documents applicable to substantiate your financial credibility

Accepted Documents for Proof of Funds

canada education

Some of the financial proofs accepted by the IRCC for Canada student visa application are as follows!

Bank Statement

The easiest way to provide proof of finances or financial support is through bank statements. Your local visa office may ask you to submit bank account statements. This could be done for a specified number of months prior to your application, either of your own bank account or those of your financial sponsor. Make sure the account is in your name if you plan to give bank account statements.

This evidence demonstrates that you have the resources necessary to cover your living and educational costs in Canada. As an alternative, it shows that someone is able to pay for your education and stay in Canada.

These statements may be scanned copies of the bank’s stamped and signed original statements. The original statement must include the duration required by the university of the visa consulate and be printed on the bank’s official letterhead.

Net Worth Certificate

Another important document to increase the financial credibility of your profile is your net worth certificate which substantiates the value of assets and properties you and your family own. This is obtained by approaching a Chartered Accountant who will value the worth of your movable assets and immovable assets and provide a consolidated certificate for your net worth. This can be enclosed along with other supporting documents in your visa application.

Loan Approval Letters

If a student needs money and has access to a bank loan, they must present a legitimate loan approval letter. This can be obtained from the bank that provided you with the loan. This letter, however, must state that the bank loaned you the stated sum in order for you to pursue further education in Canada.

This approval letter, like the bank statements stated before. It must be signed, stamped, and contain the bank’s official letterhead. The exact money to be disbursed should be listed in this letter, along with a commitment to do so.

Payment Receipts

Tuition fee payment receipts and housing bill payment receipts can be enclosed while filing for the visa. Those are the funding proof that will explain the immigration high commission that you are financially prepared for your Canada education.

Scholarship Letters

Students who might be eligible for scholarships from the education institution where they will be enrolled must submit a legitimate scholarship letter. This letter is available from the college or donor organization providing the scholarship. As evidence of their financial support, students who have received a Governmental Grant or Scholarship must present a copy of this as evidence of financial support.

Loan Capability Letters

Loan approval letters should not be confused with loan capability letters. These are given to students by banks and other financial institutions if they agree to lend them money as long as they are admitted to a foreign university.

Consider that you are submitting a loan capability certificate as evidence of your ability to support yourself financially in order to obtain a student visa for Canada. In that scenario, you must make sure it precisely specifies your name, your qualification for the loan, and the financial institution’s conditional pledge to extend the credit. This certificate must be stamped and signed on the business letterhead of the financial institution, much like other bank documents.

What not to do?

1. Not maintaining insufficient funds
Giving proof of funds that are less than the amount that approximates to CAD 40000 including tuition provides the idea that you will not be able to support yourself until finishing your study in Canada. Make sure to meet all funding requirements before filing for the visa!

2. Bulk Deposits
If you plan to deposit a sizable sum into your account and present it as evidence of your ability to support yourself financially when applying for a student visa in Canada, make sure the transfer has been finished at least couple of months beforehand.

3. Withdrawing the amount after obtaining the certificates
Don’t withdraw the funds just after obtaining necessary certificates like bank transaction statement and bank balance certificates. Your bank account might be cross verified and when it is found to have fallen short of funds, your application will be rejected as the visa officer clearly knows you have deposited the funds for the sake of records and certificates.

I hope this blog will be useful to you in a way or the other if you are planning for overseas education in Canada. For more valuable information, stay connected for our blog and newsletters.

We can make you realize your overseas education aspirations in Canada. Our 25 years of expertise in immigration and overseas education services has been helping thousands abroad aspirants study and relocate abroad. Get in touch with our immigration and overseas education counsellors who are just a click away!

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A Guide to Immigrating to Canada as a Skilled Trades Worker

Canada is soon expected to hold new category-wise Express Entry draws. Here, IRCC will invite the highest-ranking candidates who have work experience in any of the following areas:

1. Healthcare

2. Science, technology, engineering, and mathematics (STEM) professions

3. Trades, such as carpenters, plumbers, and contractors

4. Transport

5. Agriculture and agri-food

We have already covered various Canadian immigration options for STEM and Healthcare occupations in our first two editions of the occupation-specific blog series. Continue further to learn about available options for skilled trades workers looking to immigrate to Canada.

What is Skilled Trade in Canada?

Skilled Trade

A skilled trade in Canada is a trade that requires specialized knowledge, skills, and training to perform. There are over 300 designated skilled trades in Canada, and they are divided into two categories:

1. Red Seal trades: These are the highest level of skilled trades in Canada. Red Seal trades people have met the highest standards of training and skills, and their qualifications are recognized across Canada.

2. Non-Red Seal trades: These are skilled trades that do not yet have a Red Seal designation. However, they are still in high demand, and there are many opportunities for skilled trade professionals to find good-paying jobs in these trades.

Who are Skilled Trade Workers in Canada?

Skilled Trade Workers

Some of the most common skilled trades in Canada include:

1. The services sector is a major industry in the Canadian economy and includes cooks, bakers, hair stylists, landscape horticulturists, and more.

2. Healthcare: Medical laboratory technologists, Dental hygienists, and other healthcare workers are always in demand.

3. Education: Instructors, teachers, and other social workers are also in high demand.

4. Construction: Carpenters, electricians, plumbers, welders, and heavy-duty equipment operators are all in high demand in the construction industry.

5. Manufacturing: Machinists, tool and die makers, and industrial electricians are all in demand in the manufacturing industry.

6. Transportation: Truck drivers, mechanics, and heavy-duty equipment operators are all in demand in the transportation industry.

7. Information and Digital Technology skills that are central to many trades including instrumentation and control technicians, machinists, and crane operators.

Is your occupation not listed? Get in touch with our expert counselors to learn more.

Average Salary of Skilled Trade Professionals in Canada

The average salary of skilled trade occupations in Canada varies depending on the trade, the level of experience, and the location.

According to a recent survey by the Canadian Apprenticeship Forum, the average salary for skilled trade occupations in Canada is $65,000 per year. However, the salary range is quite wide, with some occupations earning as little as $35,000 per year and others earning as much as $100,000 per year.

How to Immigrate to Canada as a Skilled Trade Professional

Where can you Settle in Canada?

If you are a provincial nominee, you must settle only in the province or territory that nominated you. Further, you cannot settle in Quebec unless you apply separately for it.

Otherwise, you can plan to live in any other province which has a greater potential for skilled trade work per your expertise. You can refer to the below in-demand skilled trade occupations in Canada.

Region-Wise In-Demand Trade Skills in Canada

Over 256,000 new apprentices are needed over the next 5 years till 2026 to meet demand in Canada. Here are some of the most in-demand skilled trades in Canada by region:

Canadian Province Skilled Trade
  • Automotive Service Technician
  • Carpenter
  • Cook
  • Industrial Mechanic (Millwright)
  • Painter and Decorator
  • Welder
Atlantic Canada (New Brunswick, Newfoundland and Labrador, Nova Scotia, and Prince Edward Island)
  • Carpenter
  • Cook
  • Hairstylist
  • Heavy Duty Equipment Technician
  • Industrial Electrician
  • Welder
British Columbia
  • Hairstylist
  • Industrial Electrician
  • Painter and Decorator
  • Steamfitter/Pipefitter
  • Welder
  • Cook
  • Industrial Electrician
  • Industrial Mechanic (Millwright)
  • Painter and Decorator
  • Welder
  • Cook
  • Heavy Duty Equipment Technician
  • Industrial Electrician
  • Painter and Decorator
  • Welder
  • Carpenter
  • Construction Electrician
  • Cook
  • Refrigeration and Air Conditioning Mechanic
  • Sheet Metal Worker
  • Steamfitter/Pipefitter
  • Welder
Yukon, Northern Territories, and Nunavut
  • Heavy Duty Equipment Technician
  • Heavy Equipment Operator
  • Electrician
  • Welder
  • Hairstylist
  • Heavy Duty Equipment Technician
  • Industrial Mechanic (Millwright)
  • Plumber

If you are looking for a rewarding and challenging career, becoming a skilled trade professional in Canada is a great option.

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Best Time For Foreign-Trained Healthcare Workers Immigrate To Canada

Canada relies heavily on immigration to fill the vacancies in the healthcare system. A recent census on the immigration population in Canada noted that a quarter of registered nurses and 36% of physicians in Canada were foreign-born.

To further augment the immigration of foreign-trained healthcare workers, Canada will now hold category-wise Express Entry draws. Here, IRCC will invite the highest-ranking candidates who have a high proficiency in French, or who have work experience in any of the following areas:

1. Healthcare
2. Science, technology, engineering, and mathematics (STEM) professions
3. Trades, such as carpenters, plumbers, and contractors
4. Transport
5. Agriculture and agri-food

We have already covered the available Canadian immigration options for the in-demand field: STEM here. Continue further to learn about available options for healthcare workers looking to immigrate to Canada.

Top Healthcare Occupations for Immigrants in Canada 

Healthcare Occupations

Here are some of the many healthcare occupations that are in demand in Canada. If you are a qualified healthcare worker, you may be able to immigrate to Canada and find a rewarding career in healthcare.

1. Registered Nurse (RN): RNs are responsible for providing direct patient care, such as administering medications, monitoring vital signs, and providing wound care. They work in a variety of settings, including hospitals, clinics, and long-term care facilities.

2. Licensed Practical Nurse (LPN): LPNs provide similar care to RNs, but they have less training. They work under the supervision of RNs and doctors.

3. Physician: Physicians are responsible for diagnosing and treating patients. They work in hospitals, clinics, and private practices.

4. Dentist: Dentists provide preventive and restorative dental care. They work in private practices and dental clinics.

5. Pharmacist: Pharmacists dispense medications and provide medication advice to patients. They work in pharmacies, hospitals, and clinics.

6. Occupational therapist (OT): OTs help patients recover from injuries or illnesses by helping them develop and maintain the skills they need to participate in everyday activities. They work in hospitals, clinics, and community settings.

7. Physical therapist (PT): PTs help patients recover from injuries or illnesses by helping them improve their strength, range of motion, and flexibility. They work in hospitals, clinics, and community settings.

8. Social worker: Social workers help patients and families cope with the emotional and social aspects of illness or disability. They work in hospitals, clinics, and community settings.

Job vacancies in the Healthcare and Social Assistance category

Canada is experiencing high job vacancies in the Healthcare and Social Assistance category. The stats from the fourth quarter (Q4) of 2022 noted 143,695 job vacancies in the Healthcare and Social Assistance category. The job vacancies per province were:

Ontario: 55,250

Quebec: 40, 105

British Columbia: 17,705

Alberta: 9,770

Saskatchewan: 2,955

Manitoba: 6,790

Newfoundland: 2,250

Nova Scotia: 4,780

New Brunswick: 2,630

PEI: 685

Northwest Territories: 565

Salary of Immigrants Working as Healthcare Professionals in Canada

Salary of Immigrants Working

Healthcare Profession Average Yearly Salary
Registered Nurse (RN) $83,000
Licensed Practical Nurse (LPN) $55,000
Physician $200,000
Dentist $150,00
Pharmacist $100,000
Occupational therapist (OT) $80,000
Physical therapist (PT) $75,000
Social Worker $50,000

In addition to a good salary, healthcare workers in Canada also enjoy a number of other benefits, such as:

1. Free healthcare: All Canadian citizens and permanent residents are eligible for free healthcare.

2. Paid vacation and sick leave: Healthcare workers in Canada are entitled to paid vacation and sick leave.

3. Pension plan: Healthcare workers in Canada are eligible to participate in a government-sponsored pension plan.

4. Job security: The healthcare sector is a growing sector in Canada, so there is good job security for healthcare workers.

Canadian Immigration Programs for Healthcare Workers

Healthcare Workers

There are a number of Canadian immigration programs that are available to foreign-trained healthcare workers. Some of the most popular programs include:

1. Express Entry: Express Entry is a points-based system that allows skilled workers to apply for permanent residency in Canada. Healthcare workers who meet the requirements can earn points for their education, work experience, language skills, and other factors.

2. Further, the inclusion of self-employed physicians holding temporary residency in Canada to qualify under Express Entry can be explored.

3. Provincial Nominee Programs (PNPs): Many provinces have their own immigration programs that allow them to nominate skilled workers for permanent residency. Healthcare workers who are interested in living and working in a particular province may be eligible to apply for a PNP.

4. The Canadian Experience Class (CEC): The CEC is a program that allows temporary foreign workers who have gained Canadian work experience to apply for permanent residency. Healthcare workers who have worked in Canada for at least one year may be eligible to apply for the CEC.

5. To be eligible for any of these programs, you must meet certain requirements, such as having a valid job offer in Canada, a certain level of education and language proficiency, and a clean criminal record. 

6. You can find more information about the requirements for each program by consulting our immigration counselors. They can help you assess your eligibility for the various immigration programs and guide you through the application process.

Here are some additional tips for immigrating to Canada as a healthcare worker:

1. Get your credentials assessed: Your foreign credentials will need to be assessed by a Canadian professional organization to ensure that they are equivalent to Canadian standards.

2. Get certified: In some cases, you may also need to get certified by a provincial or territorial regulatory body.

3. Network: Networking with other healthcare professionals in Canada can help you find a job and get settled in your new country.

4. Be patient: The immigration process can be long and complex, so it’s important to be patient and persistent.

Opportunities for International Graduates Studying Healthcare Programs in Canada

Healthcare Programs in Canada

Studying healthcare in Canada can be a great way to start your career in the healthcare industry. 

1. First, you need to make sure that your education is equivalent to Canadian standards. You can do this by having your credentials assessed by a Canadian professional organization.

2. Second, you need to learn English or French. Both languages are spoken in Canada and are required for most healthcare jobs.

3. Third, you need to get a Canadian work permit. You can apply for a work permit after you have been accepted to a Canadian university or college.

Here are some of the opportunities available to international graduates studying healthcare programs in Canada:

1. Work in a hospital: Hospitals are always looking for qualified healthcare professionals. International graduates can find jobs in a variety of departments, such as nursing, medicine, and surgery.

2. Work in private practice: Private practices are owned and operated by individual healthcare professionals. International graduates can find jobs as doctors, dentists, or pharmacists.

3. Work in long-term care: Long-term care facilities provide care for elderly or disabled people. International graduates can find jobs as nurses, personal support workers, or recreation therapists.

4. Paid internships: Many hospitals and clinics offer paid internships to international graduates. Internships are a great way to gain experience and network with potential employers.

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Moving to Canada to work in healthcare can be a challenging but rewarding experience. Here are some of the challenges you may face:

1. Language barrier: If you do not speak English or French, you may have difficulty finding a job in healthcare. Most healthcare jobs in Canada require fluency in either English or French.

2. Credential assessment: Your foreign credentials may not be recognized in Canada. You may need to have your credentials assessed by a Canadian professional organization to ensure that they are equivalent to Canadian standards.

3. Licensure: In order to work in healthcare in Canada, you may need to be licensed by a provincial or territorial regulatory body. The requirements for licensure vary from province to province and territory to territory.

4. Compensation: Healthcare professionals in Canada are typically compensated less than healthcare professionals in other developed countries.

5. Work-life balance: Healthcare professionals in Canada often work long hours and have to deal with a lot of stress.

6. Culture shock: Moving to a new country can be a challenging experience, and it may take some time to adjust to the Canadian culture.

7. Family separation: If you have family members who are not Canadian citizens, they may not be able to join you in Canada.

Despite these challenges, there are many benefits to working in healthcare in Canada. Canada has a strong healthcare system and is constantly looking for qualified healthcare professionals. 

Even though the immigration process can be long and frustrating, it’s important to be patient and persistent. Getting help from RICC-certified immigration consultants like CanApprove can help you navigate the immigration process and ensure that you meet all of the requirements.

Immigrating To Canada With A STEM Degree And Prior Work Experience

Canada is a land of opportunity for STEM professionals. The country has a strong economy and a growing demand for skilled workers in science, technology, engineering, and mathematics (STEM) fields. The recent announcement from IRCC to favor more Express Entry profiles having work experience in STEM occupations validates their growing demand. 

As a result, Canada is actively seeking to attract STEM immigrants, and here’s all you need to know about immigrating to Canada with a STEM degree or prior work experience in it.

STEM Professionals

Top STEM Occupations for Immigrants in Canada

Statistics Canada in the 2016 Census noted even though immigrants represent 24% of the national workforce but account for 

  • Computer programmers: 39%
  • Physicists and astronomers: 41%
  • Engineers: 41%
  • Software engineers and designers: 51%
  • Chemists: 54%

Furthermore, the following statistics are more than sufficient to suggest why immigrants with STEM degrees in Canada are in huge demand. 

  • 34% of people working in scientific research and development services across Canada are foreign-born.
  • Nearly 500,000 immigrants working in Canada are trained in science, technology, engineering, and mathematics (STEM) fields.
  • International students represent 12% of students in the country’s post-secondary education system but account for 27% of all students enrolled in mathematics, computer, and information sciences programs and 19% of all students in architecture, engineering, and related programs.

Canadian Immigration Programs for STEM Professionals

Canadian Immigration Programs for STEM Professionals


There are a number of ways for STEM professionals to migrate to Canada, including:

  • The Federal Skilled Worker Program (FSW): The FSW is a points-based immigration program that assesses applicants on factors such as their education, work experience, language skills, and age. STEM professionals with a high level of education and experience are likely to qualify for the FSW.


  • The Provincial Nominee Programs (PNPs): The PNPs are a group of immigration programs that are run by the provinces and territories of Canada. Each province has its own set of PNPs, and the requirements vary from province to province. However, STEM professionals are in high demand in all provinces, and many PNPs have specific streams for STEM workers. Get a free consultation from our expert consultants to learn more about your eligibility. 


  • The Canadian Experience Class (CEC): The CEC is a subcategory of the FSW that is designed for foreign nationals who have already worked in Canada for at least one year. STEM professionals who have worked in Canada in a skilled occupation are likely to qualify for the CEC.

Eventually, applications under FSWP & CEC and some linked-PNP programs are processed under the Express Entry System. Applicants who are eligible for the Express Entry System are placed in a pool, and they are then ranked based on their points. The highest-ranked applicants are invited to apply for permanent residence.


Opportunities for International Graduates Studying STEM programs in Canada

STEM programs

Studying STEM programs in Canada can be a great way to start your career. It is expected that many international students enrolled in STEM fields will stay and build their careers in Canada. 

Here are some of the best universities in Canada for STEM programs:

  • University of Toronto: The University of Toronto is a world-renowned university with a strong reputation for STEM programs.
  • University of British Columbia: The University of British Columbia is another top university in Canada with a strong focus on STEM.
  • McGill University: McGill University is a leading university in Canada with a long history of excellence in STEM.
  • University of Alberta: The University of Alberta is a large research university with a strong focus on STEM.
  • University of Waterloo: The University of Waterloo is a leading university in Canada for computer science and engineering.

Soon after graduating with a STEM degree, international students can qualify for Post-Graduation Work Permit (PGWP). 

After graduation, international graduates are eligible to apply for a work permit that allows them to stay in Canada and work for up to three years. This gives them the opportunity to gain valuable work experience, make connections in the Canadian job market and qualify under CEC to obtain Canada PR. 

Salary of Immigrants Working as STEM Professionals in Canada


Here are some of the highest-paying STEM jobs in Canada:

  • Software Engineer: $110,000
  • Data Scientist: $100,000
  • Engineer: $90,000
  • Scientist: $85,000
  • Technologist: $80,000

According to a study by Statistics Canada, the median salary for STEM immigrants in Canada was $85,000 in 2019. This is compared to a median salary of $75,000 for Canadian-born workers with a university degree.

The study also found that STEM immigrants with doctoral degree earned a median salary of $100,000 in 2019. This is compared to a median salary of $85,000 for Canadian-born workers with a doctoral degree.

The study also found that STEM immigrants in Canada are more likely to be employed in high-paying occupations than Canadian-born workers. For example, 30% of STEM immigrants in Canada were employed in occupations that paid more than $100,000 in 2019. This is compared to 20% of Canadian-born workers.

The high salaries of STEM immigrants in Canada are due to a number of factors:

  1. Canada has a strong demand for skilled workers in STEM fields. 
  2. STEM immigrants typically have high levels of education and experience. 
  3. STEM immigrants are more likely to be employed in high-paying occupations.

The salary of STEM immigrant professionals in Canada varies depending on their field of study, level of education, and experience. However, in general, STEM immigrants in Canada earn higher salaries than their Canadian-born counterparts.

The Challenges of Migrating to Canada as a STEM Professional

While there are many benefits to migrating to Canada as a STEM professional, there are also some challenges. Some of the challenges include:

  • The cost of living: The cost of living in Canada can be high, especially in major cities like Toronto and Vancouver. This means that STEM professionals who migrate to Canada may need to adjust their budget to accommodate the higher cost of living.
  • The language barrier: English is the official language of Canada, and French is the official language in some provinces. This means that STEM professionals who do not speak English or French may have difficulty qualifying. 
  • The immigration process: The immigration process can be complex and time-consuming. This means that STEM professionals who are planning to migrate to Canada should be prepared to invest time and effort into the process.

Here are some additional tips for STEM professionals who are considering migrating to Canada:

  • Research the different immigration programs and find one that is right for you.
  • Make sure that you meet the requirements for the program that you are interested in.
  • Gather the necessary documentation, such as your education transcripts, work experience certificates, and language test results.
  • Prepare a strong application that highlights your skills and experience.
  • Get help from a qualified & RICC-certified immigration consultant like CanApprove.

With careful planning and preparation, you can successfully immigrate to Canada and start a new chapter in your life. Start with claiming your free consultation with CanApprove today!

Canada Updates Express Entry Proof of Funds Criteria For FSWP & CEC Draws

Immigration, Refugees, and Citizenship Canada (IRCC) announced its yearly update on the revised Express Entry proof of fund requirement which became effective from April 25, 2023. 

Any immigrant willing to enter the federal Express Entry pool must disclose the proof of settlement funds to apply for Canadian permanent residency under the Express Entry system. 

Canada Pnp-finder

The announcement also made it clear for the existing applicants in the federal pool to update their proof of funds documents with the latest amounts.   

Typically candidates with no Canadian job offer are subjected to furnish the details of the below-tabulated amounts to qualify for an invitation to apply for permanent residency. 

Total Number of Family Members  Minimum Funds Required in CAD – PREVIOUS Minimum Funds Required in CAD – CURRENT
One $13,310 $13,757
Two  $16,570 $17,127
Three $20,371 $21,055
Four $24,733 $25,564
Five $28,052 $28,994
Six $31,638 $32,700
Seven $35,224 $36,407
Each additional family member $3,586 $3,706

Express Entry proof of funds is only applicable to candidates without a job offer in Canada and qualifying for two out of three immigration programs under Express Entry: the Federal Skilled Worker Program (FSWP) and the Federal Skilled Trades Program (FSTP). Those with a job offer in Canada or qualifying under Canada Experience Class (CEC) are not required to disclose settlement funds. 

In case of applicability of tie-break rules, updating Express Entry profiles will not change the date and time of when Immigration, Refugees, and Citizenship Canada (IRCC) received the profile. Applicants will keep their previous rank.

What is Express Entry Proof of Funds?

Written proof of settlement funds will have to submit to IRCC after receiving an invitation to apply for permanent residency.

According to the official page, the most important Express Entry proof of funds is an official letter from your bank or financial institution. The letter must typically contain the following:

  • be printed on the financial institution’s letterhead;
  • include the institution’s address, phone number, and email;
  • include your name;
  • list outstanding debts such as credit card debts and loans; and
  • include, for each bank and investment account, the actual numbers, the date each account was opened, the current balance of each account, and the average balance for the past six months.

Also, ensure that disclosed funds are readily available at the time of applying for Canadian permanent residence and above the minimum requirement. The disclosed amount cannot be in the form of borrowed funds or equity. In case of being accompanied by your spouse, money could be in a joint account.

Get in touch with our expert consultants to discuss further technicalities unique to your profile.

Express Entry Draws in 2023

In-house immigration consultants at CanApprove see the latest announcement to revise the minimum proof of fund as a build-up to holding the all-program Express Entry draw since 2020.

Canada has held six all-program Express Entry and five program-specific draw so far in 2023. The 2023-2025 annual targets for Express Entry landings (principal applicants, spouses, and dependents) are projected at

  • 82,880 ITAs in 2023
  • 109,020 ITAs in 2024
  • 114,000 ITAs in 2025

To assist PGWP holders, immigration minister Sean Fraser recently announced an 18-month open work permit extension. In this context, the recent extension to Post-Graduation Work Permits (PGWPs), and the regularity of all program draws will benefit candidates in the Canada Experience Class (CEC).

Take this free Express Entry assessment to determine your eligibility.

You can also contact CanApprove to know more about Canadian immigration and eligible immigration programs suited to your work & academic profile.