Canada Immigration Information

CEC: Proof of Means of Financial Support letter template

proof of funds letter for canada immigration

Table of Contents

Being an applicant of Express Entry program, all candidates are requested for Proof of Means of Financial Support (AKA proof of funds letter for Canada Immigration). Proof of funds letter is used to you show IRCC that you have enough money to settle in Canada. If you received an invitation you to apply, you must give written proof that you have this money.

Who needs proof of funds ?

You need proof of funds to meet the minimum requirements of the

  • Federal Skilled Worker Program
  • Federal Skilled Trades Program

What is accepted as proof of funds ?

Per IRCC, for proof, you must get official letters from any banks or financial institutions where you’re keeping money.

Letter(s) must

  • be printed on the financial institution’s letterhead
  • include their contact information (address, telephone number and email address)
  • include your name
  • list outstanding debts such as credit card debts and loans
  • include, for each current bank and investment account, the
    • account numbers
    • date each account was opened
    • current balance of each account
    • average balance for the past 6 months

Who does not need proof of funds ?

You don’t need to show that you have enough money to support yourself and your family if

  • you are applying under the Canadian Experience Class or
  • you’re authorized to work in Canada and you have a valid job offer, even if you apply under the Federal Skilled Worker Program or the Federal Skilled Trades Program

How much money you’ll need

The amount of money you need to support your family depends on the size of your family. To calculate the size of your family you must include

  • yourself
  • your spouse or partner
  • dependent children and
  • your spouse’s dependent children

Include your spouse or dependent children even if they’re

  • permanent residents or Canadian citizens
  • not coming to Canada with you

This table shows the minimum amount you need to immigrate to Canada. If you have more money, you should list the full amount in your profile or application.

Number of
family members
Funds required
(in Canadian dollars)
1$13,213
2$16,449
3$20,222
4$24,553
5$27,847
6$31,407
7$34,967
For each additional family member$3,560

Generic template

As per this link from IRCC “The system currently asks all applicants to provide a proof of funds document. If you don’t need to provide proof of funds, you must upload a letter explaining either that you have been invited to apply under the Canadian Experience Class, or that you have a valid job offer.”

Here is the sample proof of funds letter for Canada immigration in case you need upload if got an invitation under Canadian experience class:

immigrants101 - Proof of funds letter for Canada immigration

You may download it in word format from link below

Avatar

Yadwinder - Immigrants101

About Author

Yadwinder (Inder) is a personal blogger from Canada. Before migrating to Canada, he spent 11 years in New Zealand. Professionally, he is an IT Consultant with Bachelors Degree in Digital Technology. While he is juggling between his day job and blogging, he is the main author on this website. He is passionate about technology and helping new immigrants.

2 Comments

  1. Avatar

    Saleem Khan

    April 9, 2021

    I got invited under cec but when i was creating pool file i filled some amount when it asked but then later on i get cec invitation and my spouse is also included in my file and she is outside canada. Does it make any difference if i fill 0 in that funds question and provide letter of explanation?

    • Avatar

      ysdevgan

      April 9, 2021

      Hi Saleem, thanks for your comment. This article was for information purpose only. As per CIC website, there is no need to show funds. Since your wife is outside Canada, I would recommend raising your question to IRCC using webform query. Good luck with your application!

Comments are closed.

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