     |
For Federal filing under Skilled Worker Program: 2012
The Government of Canada does not provide financial support to new skilled worker immigrants.
You must show that you have enough money to support yourself and your dependants after you arrive in Canada. You cannot borrow this money from another person. You must be able to use this money to support the costs of living for your family.
You will need to provide proof of your funds to the Canadian visa office in your home country when you submit your application for immigration.
The amount of money you need to support your family is determined by the size of your family. These amounts are updated every year.
TABLE FOR CALCULATING THE MINIMUM AMOUNT REQUIRED FOR THE ESSENTIAL NEEDS OF PRINCIPAL FAMILY UNITS FOR THE THREE-MONTH PERIOD FOLLOWING ARRIVAL IN CANADA (AMOUNTS IN EFFECT FROM JANUARY 1 TO DECEMBER 31, 2012)
| Number of Family Members | Family Sponsor | Skilled Worker | ||
|---|---|---|---|---|
| CAD | USD* | CAD | USD* | |
| 1 | $22,637 | $22,339 | $11,115 | $10,969 |
| 2 | $28,182 | $27,810 | $13,837 | $13,655 |
| 3 | $34,646 | $34,189 | $17,011 | $16,787 |
| 4 | $42,065 | $41,510 | $20,654 | $20,382 |
| 5 | $47,710 | $47,080 | $23,425 | $23,116 |
| 6 | $53,808 | $53,098 | $26,419 | $26,071 |
| 7 | $59,907 | $59,116 | $29,414 | $29,026 |
*Exchange rate of 1 CAD : 0.98680 USD created as of 20-January-2012.
You do not have to show that you have these funds if you have arranged employment in Canada
Date Last Modified by Canada Immigration: 15-December-2010
Settlement Funds - Federal | Canadian Immigration
Canada immigration services. Settlement Funds - Federal. Marc Laforce, Certified Canadian Immigration Consultant.