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💰 Proof of Funds Calculator

How much money you need to show IRCC for your application

Application Type

Include yourself, spouse, and dependent children — even if they're not immigrating.

1
person

Required for FSW and FST. CEC applicants do not need to show proof of funds. Funds must be available, accessible, and not borrowed.

Show amount in

Required for 1 person

$14,690CAD
1 person
$14.7K
2 people
$18.3K
3 people
$22.5K
4 people
$27.3K
5 people
$30.7K
6 people
$34.9K

📄 What Documents Are Accepted as Proof of Funds?

🏦

Bank statements

Last 6 months showing consistent balance — readily available, not borrowed

📄

GIC (Study only)

Guaranteed Investment Certificate from a participating Canadian bank — required for the SDS stream

💰

Letter of employment + pay stubs

Proof of regular income to sustain funds

📊

Investment / mutual fund statements

Stocks, bonds, fixed deposits — must show holder's name & balance

🏠

Property valuation (rare)

Real estate is generally NOT accepted by IRCC for proof of funds

ℹ️

Last verified: May 8, 2026 · IRCC updates this annually

IRCC publishes a new table each June. Always confirm the current amount on canada.ca before submitting your application.

Verify on canada.ca · Proof of funds