New proof-of-funds amounts for Canadian Express Entry effective soon

Immigration, Refugees, and Citizenship Canada (IRCC) has updated the amounts of proof of funds required in the Express Entry system. The new funds need to be updated in the profiles no later than June 8, 2022.

The settlement funds are mandatory for candidates interested in Canadian permanent residence and applying through the Federal Skilled Worker or Federal Skill Trades program under Express Entry.

The breakdown of adjusted proof-of-funds amounts is as follows.

(Source: IRCC)

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