Canada updates Express Entry proof of funds for 2021

The announcement suggests an all-program Express Entry draw is imminent for Federal Skilled Worker Program and Federal Skilled Trades Program candidates.

Canada has updated the amount of funds Express Entry candidates need to immigrate.
The changes apply to Express Entry candidates in the Federal Skilled Worker Program (FSWP) and the Federal Skilled Trades Program (FSTP). It does not apply to candidates from these programs who have a valid job offer in Canada.
FSWP and FSTP candidates who do not have Canadian job offers will need the following amounts to remain eligible for immigration:

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If your proof of funds documents shows less than these amounts, you will have to update your Express Entry profile no later than July 15, 2021.
The announcement suggests IRCC is planning to hold an Express Entry draw for FSWP and FSTP candidates for the first time in 2021.
Based on this precedent, and the updated proof-of-funds, this year is not ending without an all-program Express Entry draw.

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