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New funding rules announced for Canadian immigration program

Canada's Rural Community Immigration Pilot (RCIP) program has made a significant change in the amount of settlement funds required.Skilled workers who want to work and live long-term in some of Canada's more rural and remote communities can apply for the RCIP program, which provides a pathway to permanent residence. The program also helps to fill labour shortages in these areas while supporting businesses in need of workers.In addition to other requirements, applicants must show proof that they can financially support themselves and any accompanying family members. On July 29, Immigration, Refugees and Citizenship Canada (IRCC) updated the amount required, with a roughly 30 per cent increase.Previously, a single person applying for the RCIP had to prove that they had $7,963 in settlement funds, while a family of two had to show funds of $9,692. Now, a single applicant must prove that they have $10,507 in funds, and a family of two must have $13,080.Here's how the require...


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