Bank Statement for Canada PR Application – What IRCC Wants
Canada PR (Express Entry and other economic streams) requires proof of settlement funds in addition to other eligibility criteria. Bank statements must show liquid, available money.
Settlement funds table (2026)
IRCC publishes minimum amounts by family size, updated annually. Check the official settlement funds page for current CAD thresholds before applying. You must meet the threshold at application and often prove availability throughout processing.
What IRCC looks for
- Funds in your name or accessible without restriction
- Official bank letters or statements
- Consistent history — not borrowed money deposited last week
- CAD equivalent clearly stated
Use Canada visa format and our Canada template.
Genuine savings trend
PR officers assess whether balances grew organically. Our Canada template notes savings trend (growing, stable, or declining) on the cover page.
Letter size PDF
Canada template outputs US Letter size with IRCC-ready footer note.
Combining accounts
You may combine chequing, savings, and investments if funds are liquid and documented. One merged chronological export helps reviewers.
FAQ
Is GIC enough for PR?
GIC is for student SDS streams; PR uses settlement funds in accessible accounts.
How old can statements be?
Use recent statements per IRCC document checklist for your stream.
INR to CAD conversion?
Automatic with rate date on PDF.
Student vs PR statements?
Different thresholds — student living costs are CAD $22,895 (outside Quebec, 2026); PR uses the separate settlement funds table.
Conclusion
Prepare bank statement for Canada PR with official documents, CAD equivalents, and clear settlement fund totals. Format for Canada.