Proof of funds if applying for a study permit inside Canada?

[patelmr3]

What amount do I need as a proof of funds to apply for a study permit inside Canada? Is the GIC bank account compulsory?

 

[scylla]

First year tuition + $10K in living expenses.

 

[patelmr3]

First year tuition + $10K in living expenses.

Hi Scylla, thanks for your response.
If I already have an account in a Canadian bank, do I still need to open a GIC account?