Just spoke to someone at Ontario Immigration. They are pretty helpful and seem knowledgeable as well. They have a handbook with all the relevant information which she read out to me.
Regarding proof of funds:
1) According to the agent, if you are in Ontario and fall under CEC, you do not need to show any proof of funds.
2) If you are on implied status while the application is being processed on their end, you need to send proof of being on implied status, and also, they will not finalize your application until you show them proof that you are no longer on implied status. I asked her this because I will be applying for an LMIA based work permit soon and will be on implied status after my current PGWP expires in a few days. My company's application for the LMIA will also be sent concurrently. What I basically came to understand is that there is no point in applying for the OOPNP for me since if the LMIA gets rejected and so, my work permit gets rejected, I won't get my application for OOPNP finalized, and if I get the LMIA approved, I will have no reason to apply for the OOPNP since I will get 600 points from the LMIA.
3) I also asked about how many slots they have currently left out of the 2700. She said that they don't have an exact number but since the program just started last week she would not worry about it. And even if the cap is filled this year, you will be counted for the next year instead (if approved) - meaning they won't just take your $1500 fee for nothing.
Regarding proof of funds:
1) According to the agent, if you are in Ontario and fall under CEC, you do not need to show any proof of funds.
2) If you are on implied status while the application is being processed on their end, you need to send proof of being on implied status, and also, they will not finalize your application until you show them proof that you are no longer on implied status. I asked her this because I will be applying for an LMIA based work permit soon and will be on implied status after my current PGWP expires in a few days. My company's application for the LMIA will also be sent concurrently. What I basically came to understand is that there is no point in applying for the OOPNP for me since if the LMIA gets rejected and so, my work permit gets rejected, I won't get my application for OOPNP finalized, and if I get the LMIA approved, I will have no reason to apply for the OOPNP since I will get 600 points from the LMIA.
3) I also asked about how many slots they have currently left out of the 2700. She said that they don't have an exact number but since the program just started last week she would not worry about it. And even if the cap is filled this year, you will be counted for the next year instead (if approved) - meaning they won't just take your $1500 fee for nothing.