You must show that you have enough money to settle in Canada to meet the minimum requirements of:
•the Federal Skilled Worker Program or
•the Federal Skilled Trades Program

You can’t borrow this money from another person. You must be able to use this money to pay the costs of living for your family (even if they aren’t coming with you).

If your spouse is coming with you, you can count money you have together in a joint account. You may be able to count money in an account under their name only, but you must prove you have access to the money.

Number of
Family Members

Funds Required
(in Canadian dollars)

1
$12,475

2
$15,531

3
$19,093

4
$23,181

5
$26,292

6
$29,652

7
$33,014

For each additional family member
$3,361