Proof of funds: 6-month balance and ending balance difference

[CADparity]

What difference between the 6-month balance and the ending balance on the proof of funds would be deemed too big?

My 6-month balance is about 9,000 CAD and my ending balance is a little above 12,000 CAD, so a difference of about 3,000 CAD. Should I write an explanation of this difference?

Can anybody also share their experience with CIC regarding this?

 

[sam_172452]

What difference between the 6-month balance and the ending balance on the proof of funds would be deemed too big?

My 6-month balance is about 9,000 CAD and my ending balance is a little above 12,000 CAD, so a difference of about 3,000 CAD. Should I write an explanation of this difference?

Can anybody also share their experience with CIC regarding this?

What's the major deposit you made the past six months?

 

[chaitanyaprsd1]

CIC will not question you as long as the funds you show belong to you i.e., you have not borrowed from someone to patch up the deficit amount.

 

[CADparity]

What's the major deposit you made the past six months?

There's no single major deposit. I draw some funds from my small business account into my POF account monthly - these range from 2,000 to 4,000 CAD a month. I use my POF account to pay for some monthly expenses as well as to pay taxes and health insurance.