Canadian visa resources
Proof of funds for a Canada application
How proof of funds works for a Canadian visa or permit.
Important
The proof of funds you must show depends on the visa or permit route and your circumstances. The official sources below set out the current requirements.
What proof of funds means
Proof of funds is evidence that you can pay your tuition and support yourself (and any family with you) while studying in Canada. It reassures the officer that you will not need to work unlawfully or rely on public funds. The exact amount depends on your programme and where you will live.
Accepted evidence
Commonly accepted evidence includes recent bank statements, a Guaranteed Investment Certificate (GIC), proof of a student or education loan, or a scholarship/funding letter. Documents should be recent, in your name, and clearly show the funds have been available for a reasonable period.
Common mistakes
Frequent problems include funds deposited too recently, money held only in someone else's name without a sponsorship letter, or statements that do not cover the full required amount. Give yourself time to prepare consistent, well-documented evidence before you apply.
Next steps
Official sources
For the most accurate and up-to-date information, always refer to the official government sources.
Verified against official sources · last reviewed 2026-08-09. Information only — not legal advice.