Any proof of funds letter must:
- be printed on the financial institution’s letterhead
- include their name and contact information (address, telephone number and email address)
- list any outstanding debts (credit card debts and loans)
- include, for each current bank and investment account, the: account numbers, open date and current balance of each account and average balance for the past 6 months
- only the spouse/partner’s name can be counted as well, assuming the principal applicant can prove they have access to the money.
Number of family members | Funds required in CAD |
1 | $13,310 |
2 | $16,570 |
3 | $20,371 |
4 | $24,733 |
5 | $28,052 |
6 | $31,638 |
7 | $35,224 |
Each additional family member | $3,586 |