Hey buddies,
I ve a query..... i jus came to know that Child Tax Benefit (CTB) might be affected if one carry plenty of fund/ hard cash/ draft/ tc at the time of arrival in Canada.
Like, for 3 family member including applicant, suppose min. fund requirement of CIC is $ 11,700.00 but the applicant is carrying $50,000.00 and declare it accordingly at the time of landing, then there is a chance, that the Govt. might reduce the monthly CTB in future, as the Govt. has information that the applicant has enough cash in hand and at Bank.
What do u think? Do you have any idea/ information regarding above?
Sabbir