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Help Needed In Regards to "Proof of Financial Support"

triggerhappyy

Newbie
Jun 12, 2020
5
0
Hello!
I'm an international student in the process of applying for a study permit in Canada.

On Canada's application portal ways of showing financial support as follows,
  • your bank statements for the past four months
  • a bank draft in convertible currency
  • pay stubs
  • an employment letter
  • proof of assets or business
  • ...
My father is the owner of a small independent business,I was wondering since most of his transactions are under the account of company,is it acceptable for me to show the money and the bank statements for the past four months under the company's account?
(provided that I provide paperwork that my father is, in fact, the owner of the aforementioned business)

Extra question : How does one show "proof of assets or business"? I thought real estate and property wasn't an acceptable way of showing financial "prowess" since it's not instantly liquefiable.

Thanks a lot in advance!
 

Shazd85

Hero Member
Oct 28, 2019
334
86
Hello!
I'm an international student in the process of applying for a study permit in Canada.

On Canada's application portal ways of showing financial support as follows,
  • your bank statements for the past four months
  • a bank draft in convertible currency
  • pay stubs
  • an employment letter
  • proof of assets or business
  • ...
My father is the owner of a small independent business,I was wondering since most of his transactions are under the account of company,is it acceptable for me to show the money and the bank statements for the past four months under the company's account?
(provided that I provide paperwork that my father is, in fact, the owner of the aforementioned business)

Extra question : How does one show "proof of assets or business"? I thought real estate and property wasn't an acceptable way of showing financial "prowess" since it's not instantly liquefiable.

Thanks a lot in advance!
Proof of assets includes anything under your name such as, property ownership, land, car, investment certificates, saving account, business ownership etc.
 
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triggerhappyy

Newbie
Jun 12, 2020
5
0
Proof of assets includes anything under your name such as, property ownership, land, car, investment certificates, saving account, business ownership etc.
I see,would you happen to know if it is acceptable to show the bank statements for the past 4 months of a business that you own instead of a personal account? thanks for responding btw