Completely incorrect - CEC applicants do not require POF - "Note: You do not have to meet the funds requirement if you were invited to apply under the Canadian Experience Class."kallucanada said:You must provide a POE even though you are applying a PR under CEC from Canada or outside. Please read the instructions below for the POE?
Temporary Residents
If you are visiting Canada, you must prove that you can support yourself and the family members who will be with you while you are in Canada. Provide as many of these documents as you can:
your bank statements for the past four months
a bank draft in convertible currency
pay stubs
an employment letter
proof of assets or business
proof of payment of tuition and accommodation fees
tax reports, declarations or statements
proof of a student/education loan from a financial institution
a letter from the person or institution providing you with money
proof of funding paid from within Canada, if you have a scholarship or are in a Canadian-funded educational program
proof of a Canadian bank account in your name if money has been transferred to Canada
Express Entry - Permanent Residents
If you are applying for permanent residence in Canada, you must provide an official letter issued by your financial institution indicating your financial profile. This must:
list of all your bank (chequing and savings) and investment accounts, the account numbers, dates each account was opened and the balance of each account over the past six months,
list all outstanding debts, such as credit cards and loans,
be printed on the letterhead of the financial institution, and include your name and the contact information of the financial institution (address, telephone number and e-mail address).
http://www.cic.gc.ca/ENGLISH/helpcentre/answer.asp?qnum=1145&top=29