Immigration, Refugees and Citizenship Canada (IRCC) has confirmed that financial requirements for international students remain in force for the 2026 study intake, with no relaxation announced as of 3 January 2026.
According to IRCC’s latest official instructions, international students applying for a Canada study permit outside Québec must continue to demonstrate sufficient funds to cover living expenses, tuition fees, and travel costs.
Key Financial Figures (Official)
- Guaranteed Investment Certificate (GIC): CAD 22,895
- Effective: From 1 January (current applicable cycle)
- Applies to: Single applicants under the Student Direct Stream (SDS)
- Tuition fees: Must be shown separately as per the offer letter
IRCC has not issued any notification indicating a reduction or waiver of these financial thresholds for the January, May, or September 2026 intakes.
The department has reiterated that insufficient or poorly documented funds remain a valid ground for refusal, and applicants are advised to rely only on official IRCC publications for accurate figures.
Ethicaledu News Analysis
This confirmation indicates policy continuity, not a change. Despite speculation circulating online, IRCC’s position as of early January 2026 remains unchanged, with the CAD 22,895 GIC benchmark continuing to apply.
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