Canada Express Entry: Fund Updates

Immigration, Refugees and Citizenship Canada (IRCC) recently updated their required funds list for certain express entry streams. If you are an express entry candidate, you must update your proof of funds by July 28, 2025, at the absolute latest, to ensure that you remain eligible for permanent residency (PR).

Who Does This Apply To?

This requirement applies only to applicants under the Federal Skilled Worker Program (FSWP) and the Federal Skilled Trades Program (FSTP). It does not apply to applicants under the Canadian Experience Class (CEC) stream of Express Entry.

If you do not update your proof of funds by the deadline which is July 28, 2025, your profile will be removed from the pool of candidates and you will not be eligible to receive an invitation to apply (ITA) for PR.

What Is the Updated Proof of Fund Requirements?

As listed on the government website, as of July 7, 2025, for a family of 1 the required amount of funds is $14,690, for a family of 2 it’s $18,288, for a family of 3 it’s $22,483, and for any additional family member after 7 family members, it’s $3,958 for each additional family member. You can find the full list of funds relevant to the number of family members here.

Documents and Forms

Immigration forms can understandably be confusing for most people. If you are confused or not sure how to fill them out thoroughly and correctly, it is best to avoid complications and highly recommended to seek help from an immigration lawyer. Providing false information or missing important details can lead to delays, refusal, or even a 5-year ban from applying to come to Canada.

How Do You Improve your CRS score

There are many ways you can increase your CRS score which will helps decide if you will be invited to apply for permanent residence. You can increase your score by getting a valid, getting nominated for a Provincial Nominee Program, improving your language score and your education, as well as gaining more skilled work experience. By increasing your score, you will increase your chances at securing Canadian permanent residency.

Is Your Work Permit About to Expire?

If your work permit is about to expire, or if you need to make any changes at any point, you must apply for an extension at least 30 days before the expiry date. Delaying your renewal could affect your ability to stay and work legally in Canada.

It is important to note that updating your Express Entry profile will not change the original date and time you submitted it. This means your position in the candidate pool remains the same, which is important in case of a tie-breaker situation. You can rest assured that is you are a client at Canadim, we have already updated all the settlement funds for all our clients at Canadim.

Contact Us

With the updated proof of funds requirements now in effect, it’s important to review your profile and make the necessary updates by July 28, 2025, deadline to maintain eligibility. Contact us at Canadian to make sure your documentation is accurate, your timeline is on track, and to ensure the best chances of success.