The current living-expense amount
For applications from 1 September 2026, the outside-Quebec first-year living allowance is CAD 23,448 for one person, CAD 29,192 for two and CAD 35,888 for three. Tuition and transportation are additional. Quebec has its own financial requirements; these figures are not a Quebec tariff.
Prove availability and source
IRCC asks for first-year resources and a plan for later years. Its banking examples include six months of statements, including the submission month or preceding month, with evidence of income sources. Loans, scholarships and documented support are also examples; a GIC is an example rather than the whole funding requirement.
Build a budget you can explain
Use the institution’s actual invoice, then record living expenses, travel, insurance and a contingency separately. Keep the currency and conversion date visible. Do not turn an estimated rupee total into a legal minimum, or rely on money you expect to earn after arrival. Ask your funding provider for readable evidence and explain unusual transfers.
Match the rest of the application
A financial file is only one part of an application. Check the school’s admission documents and whether you need a provincial or territorial attestation. If claiming an exception, provide its evidence. Preserve the checklist and application date beside your financial records.
Questions before acting
Is this a complete moving budget?
No. Put tuition and travel beside the living-expense provision and obtain actual quotes.
Can I apply the same figure to Quebec?
Use Quebec’s own requirements for that destination.
Corrections in this revision
The previous version included statements without sufficient direct support. This revision removes or corrects:
- Obsolete CAD 20,635 amount and obsolete household additions described as current 2026 rules
- Unsupported INR totals, tuition averages and cross-country financial tables
- Four-month statement guidance superseded by the current six-month example
- Unsupported acceptance ratings for named banks and informal loans
Review scope: legal and financial statements in this revised article. Recheck on a provider, professional, immigration or tax-rule change; reuse of dated figures requires a new check.
See recorded sources
- IRCC: study financial support — Canada. Modified 28 August 2026; separate Quebec rules
- IRCC: PAL/TAL requirements — Canada. Current official checklist read 26 September 2026
These primary references have the jurisdiction, product and scope stated above. A source link is not proof of personalised eligibility.
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About the author
António Mira is the founder of whereTOemigrate. For over a decade he has worked at the intersection of Portuguese real estate and overseas business, helping international clients navigate the cross-border decisions that come with relocating. He sits on the board of CCIAP (Portuguese-Arab Chamber of Commerce), the Portuguese-Saudi Business Council, and the Portugal-Hong Kong Business Association — always with one focus: enabling overseas business and human mobility into and out of Portugal.
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