55 CAD is absolute pittance. You cannot do a direct conversion to INRDude 55k CAD????
Seriously ?? That is 27.5 lakh Rs.
If you have that kind of money then why would you want to go through EE just invest in Canada and get a PR
PS I am assuming you are from India as I can see Delhi in your name and 55k CAD is not a typing error
Once you consider taxes, cost of living etc 55 CAD is barely sufficient.
For a family of 3, you can afford a nominal standard of living that comprises of a small home in a moderately decent neighborhood, 2 cars, occasional outings etc once you hit 100K minimum.
To put it into better perspective 55 CAD is probably more 3-4 lakh INR in a metropolitan city. You can definitely survive but can’t do much outside of it.