Urgent....Document from Bank for POF

[RockinCanada]

One simple rule about POF is that you should have money in a form that you can use right there and then if needed. If it is source that cannot be redeemed if need (locked in), then I doubt you can use it as POF. In simple words, if you do not get job for a few months, you should have money to cover the costs of living in Canada. Govt of Canada does not help you meet your expenses or provide any financial help to immigrants.

Refer to cic website.
Disclosure of funds

If you are carrying more than C$10,000, tell a Canadian official when you arrive in Canada. If you do not tell an official, you may be fined or put in prison. These funds could be in the form of:
•cash
•securities in bearer form (for example, stocks, bonds, debentures, treasury bills) or
•negotiable instruments in bearer form (for example, bankers' drafts, cheques, travellers' cheques or money orders).

No I am currently in India and planning to land there in next Month for landing formalities.

 

[mshsajib]

Yes, u can show all ur investments which are easily liquidated

Thanks a lot coolguy2010.

 

[csengineer]

I have some investments in stocks that i want to show as POF. A couple of questions:
1. An estatement of the account should suffice showing total holding value. Correct?
2. The address on the statement is an old address of mine. Does it have to match my current address? I mean does it have to be same as the address that I'm going to put in my application?
Please help...

Can someone help me with these questions?

 

[coolguy2010]

Investment in stock market is not valid POF

I have some investments in stocks that i want to show as POF. A couple of questions:
1. An estatement of the account should suffice showing total holding value. Correct?
2. The address on the statement is an old address of mine. Does it have to match my current address? I mean does it have to be same as the address that I'm going to put in my application?
Please help...