IRCC Update - Increased GIC requirement for Study Visa Applications

Students applying for their study permits on or after 1st January 2024 are required to purchase a Guaranteed Investment Certificate (GIC) of CAD 20,635 instead of CAD 10,000.

For more details, refer - https://www.canada.ca/en/immigration-refugees-citizenship/news/2023/12/revised-requirements-to-better-protect-international-students.html