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Under the Skilled Worker category of Immigration, the Canada Immigration Officer assessing an application must be satisfied that the applicant has enough funds for settlement in Canada.

You must prove that you have enough money to support yourself and your dependants after you arrive in Canada. You must be able to use this money to support the costs of living for your family.

The required settlement funds must be equal to or greater than the sums listed below for each family size.

Number of family membersFunds required
110,833
213,486
316,580
420,130
522,831
625,749
7 or more28,668

You do not have to show that you have these funds if you have arranged employment in Canada.

Disclosure of funds

  • If you are carrying more than C$10,000, tell a Canadian official when you arrive in Canada. If you do not tell an official, you may be fined or put in prison. These funds could be in the form of:
  • cash
  • securities in bearer form (for example, stocks, bonds, debentures, treasury bills) or
  • negotiable instruments in bearer form (for example, bankers’ drafts, cheques, travellers’ cheques or money orders).
 
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