Thanks Jaxon911...
I agree, we do have to carry funds to support ourselves but does it mean they will not allow Indian bank statements/ATM (Debit) cards issues by Indian banks. In the same website they say These funds could be in the form of:
1. cash,
2. securities in bearer form (for example, stocks, bonds, debentures, treasury bills), or
3. bankers' drafts, cheques, travellers' cheques or money orders.
can't we use the funds in our Indian bank and withdraw them when ever requested in Canada? These are my funds and I have complete right to withdraw them (No Loan from anywhere).
I reason I would like to leave them in Indian bank is that the interest rate that we get in Indian banks is higher than that we get in Canada. My money will be growing in a faster.