Proof of funds Update

Canada has updated the proof of settlement funds requirement for Express Entry candidates.

To stay eligible, you may need to update your settlement fund numbers in your Express Entry profile. The update must be done no later than June 8, 2022.

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

Federal Skilled Worker Program ( FSW)
Federal Skilled Trades Program ( FSTP)

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

you’re applying under the Canadian Experience Class ( CEC)  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

Keep your funds up to date in your profile. The system may find that you’re eligible for more than 1 program. You don’t always know ahead of time which program you’ll be invited under.

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
- your 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 as of June 9, 2022. If you have more money, you should list the full amount in your profile or application.