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Canada announces proof-of-funds requirement for single PR applicants
['Philip Boateng Kessie']
Yen.com.gh
Canada has set CAD $15,263 as the minimum savings a single applicant must demonstrate to be considered for permanent residency through the Express Entry immigration system in 2026.
Canada updates Express Entry proof of funds for 2026, setting the minimum savings at CAD 15,263 for single applicants.
Photo credit: Getty ImagesSource: Getty ImagesThe Government of Canada last revised the figure on 7 July 2025.
How the proof of funds requirement worksThe minimum savings threshold rises with the size of an applicant's household.
Candidates are ranked using a Comprehensive Ranking System score, with the highest-scoring applicants receiving invitations to apply for permanent residency.