Whichever form you're filling out, always follow the guide accessible through the CIC website: http://www.cic.gc.ca/english/information/applications/guides/EG7TOC.asp#eg74
For schedule 3, question 11 it reads as follows:
a) Assets
Indicate the total amount (in Canadian dollars) of fixed deposits, savings accounts, pensions, etc.
b) Liabilities
Indicate the total amount (in Canadian dollars) of real property mortgages and any other personal debts.
c) Total funds available for settlement in Canada
With consideration to your total assets and liabilities, indicate the total amount (in Canadian dollars) of unencumbered, transferable and available funds that you have for settlement in Canada
You must provide proof of your total funds for settlement; and thus, the settlement funds are determined by what is accepted as proof. The Document Cheklist provides the following as acceptable proof of funds:
• current bank certification letter; or
• evidence of savings balance; or
• fixed or time deposit statements.
