Financial Requirements for Canadian Immigration
A comprehensive overview of financial thresholds for major Canadian immigration programs. Use these tables to understand the proof of funds you need for your application.
Last Updated: October 2026
Super Visa income rules changed on March 31, 2026
Since March 31, 2026, the host can meet the minimum income in either of the 2 tax years before the application. If the host's income in the year before applying was at least 75% of the minimum, the visiting parent's or grandparent's own income can be added to make up the rest. The income amounts themselves did not change.
Student Proof of Funds
Minimum funds for one year of living expenses for study permit applications (excluding tuition and travel)
| People (including the student) | Outside Quebec | Quebec |
|---|---|---|
| 1 person | $23,448 | $24,617 |
| 2 persons | $29,192 | $34,814 |
| 3 persons | $35,888 | $42,638 |
| 4 persons | $43,572 | $49,234 |
| 5 persons | $49,419 | $55,045 |
| 6 persons | $55,736 | $60,299 |
| 7 persons | $62,054 | $65,553 |
| Each additional person | +$6,318 | +$5,254 |
- Outside Quebec: IRCC amounts for one year, for applications made on or after September 1, 2026. Source: IRCC
- Quebec: Quebec's (MIFI) amounts for one year, for applications made from January 1, 2026. They include housing set-up and health insurance costs. You also need a Quebec Acceptance Certificate (CAQ). Source: Québec.ca
Note: These amounts are in addition to your first year of tuition and travel costs. Amounts are usually updated each year.
Parents & Grandparents Sponsorship (PGP) - Income Requirements
Minimum Necessary Income (MNI), LICO + 30%, required for 3 consecutive tax years (2024 tax year shown). New PGP applications have been paused since July 15, 2026.
| Family Size | Minimum Necessary Income (CAD) |
|---|---|
| 2 persons | $47,549 |
| 3 persons | $58,456 |
| 4 persons | $70,972 |
| 5 persons | $80,496 |
| 6 persons | $90,784 |
| 7 persons | $101,075 |
| Each additional person | +$10,291 |
Note: Family size includes the sponsor, their dependants and the persons being sponsored. Income must be shown for each of the 3 tax years before applying (the table above is the 2024 tax year). For each additional person beyond 7, add $10,291. IRCC paused new PGP applications on July 15, 2026; existing applications continue to be processed. Source: IRCC
Super Visa Income Thresholds
Host's minimum income: the low income cut-off (LICO). Since March 31, 2026, the income of either of the two tax years before applying can be used.
| Family Size | Minimum Income (CAD) |
|---|---|
| 1 person | $30,526 |
| 2 persons | $38,002 |
| 3 persons | $46,720 |
| 4 persons | $56,724 |
| 5 persons | $64,336 |
| 6 persons | $72,560 |
| 7 persons | $80,784 |
| Each additional person | +$8,224 |
Note: Since March 31, 2026, the host (with a co-signer, if any) can qualify using the income of either of the two tax years before applying. The visiting parent's or grandparent's income can be added only if the host meets at least 75% of the requirement. Family size includes the host, their dependants and the person(s) being invited. The Super Visa also requires at least one year of medical insurance with $100,000 or more of coverage from a Canadian insurer or an approved foreign insurer, paid in full or by instalments with a deposit. Source: IRCC
Express Entry Proof of Funds
Required for the Federal Skilled Worker and Federal Skilled Trades programs (not the Canadian Experience Class)
| Family Members | Required Funds (CAD) |
|---|---|
| 1 person | $15,263 |
| 2 persons | $19,001 |
| 3 persons | $23,360 |
| 4 persons | $28,362 |
| 5 persons | $32,168 |
| 6 persons | $36,280 |
| 7 persons | $40,392 |
| Each additional person | +$4,112 |
Note: Canadian Experience Class applicants do not need proof of funds. Federal Skilled Worker and Federal Skilled Trades applicants are exempt only if they are authorized to work in Canada and have a valid job offer. Funds must be your own (not borrowed), available and transferable, usually shown with recent bank statements. For each additional family member beyond 7, add $4,112. Amounts in effect since July 7, 2025. Source: IRCC
Need Help Understanding Your Financial Requirements?
Financial thresholds can change and vary by program. Book a consultation to get personalized guidance on the funds you need for your immigration application.