Newspunjab
2 September,2026
Important news for Indian students dreaming of studying in Canada. The Canadian government has increased the minimum funds limit that students can show for a study permit. After the new rules come into effect from September 1, 2026, a student in Canada, except Quebec, will have to show 24,001 Canadian dollars for living expenses, which was 23,448 dollars earlier. In addition, the student will also have to provide proof of sufficient funds for the first year’s tuition fees and travel expenses to and from Canada. This increase by the government has been made keeping in mind the rising cost of living and food in Canada. Under the new rules, the source of funds will also be scrutinized more closely, so it will be important for students not only to show the amount, but also to prove where the money came from.
