{"id":2839,"date":"2025-07-22T14:48:19","date_gmt":"2025-07-22T14:48:19","guid":{"rendered":"https:\/\/pilkingtonimmigration.com\/north-bay-on\/?p=2839"},"modified":"2025-10-22T14:49:12","modified_gmt":"2025-10-22T14:49:12","slug":"canadian-express-entry-cost-increased-for-some-applicants-whos-affected-and-what-to-do-next","status":"publish","type":"post","link":"https:\/\/pilkingtonimmigration.com\/north-bay-on\/canadian-express-entry-cost-increased-for-some-applicants-whos-affected-and-what-to-do-next\/","title":{"rendered":"Canadian Express Entry Cost Increased for Some Applicants: Who\u2019s Affected and What to Do Next"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"701\" src=\"https:\/\/pilkingtonimmigration.com\/north-bay-on\/wp-content\/uploads\/sites\/28\/2025\/07\/Express-entry-1024x701.jpg\" alt=\"\" class=\"wp-image-2842\" srcset=\"https:\/\/pilkingtonimmigration.com\/north-bay-on\/wp-content\/uploads\/sites\/28\/2025\/07\/Express-entry-980x671.jpg 980w, https:\/\/pilkingtonimmigration.com\/north-bay-on\/wp-content\/uploads\/sites\/28\/2025\/07\/Express-entry-480x329.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/figure>\n\n\n<p>If you\u2019re planning to immigrate to Canada through the Express Entry system, it\u2019s important to be aware of a recent update that affects your eligibility. On July 7, 2025, Immigration, Refugees and Citizenship Canada (IRCC) raised the minimum funds required to apply under the Federal Skilled Worker Program and the Federal Skilled Trades Program. This change increases the overall Canadian Express Entry cost and could impact your ability to qualify unless your proof of funds is updated in time.<\/p>\n<h2 class=\"wp-block-heading\">What Has Changed, and Why?<\/h2>\n<p>Each year, IRCC reviews the minimum fund requirements to reflect cost-of-living changes. The 2025 update has increased the amount of settlement funds applicants must show when submitting or updating their Express Entry profile. This change ensures newcomers have enough financial resources to support themselves and their families after arriving in Canada.<\/p>\n<p>Applicants are now required to show several hundred dollars more than in previous years, depending on the number of family members included in their application. These funds must be available and unencumbered, meaning they cannot be borrowed or tied up in assets like real estate.<\/p>\n<h2 class=\"wp-block-heading\">Who Needs to Meet the Updated Fund Requirement?<\/h2>\n<p>This update applies to candidates applying through the Federal Skilled Worker Program or the Federal Skilled Trades Program. However, those with a valid job offer in Canada or who are applying under the Canadian Experience Class do not need to meet the settlement fund requirement. That said, even exempt applicants are required to include a letter in their application confirming the exemption applies to them.<\/p>\n<h2 class=\"wp-block-heading\">What Counts as Proof of Funds?<\/h2>\n<p>To meet the Canadian Express Entry cost requirement, applicants must submit official letters from their financial institutions. These letters must include details such as the type of accounts, current balances, average balances over the past six months, and any outstanding debts. The funds must be available at the time of application and must still be available when a permanent residence visa is issued.<\/p>\n<h2 class=\"wp-block-heading\">Update Your Profile by the Deadline<\/h2>\n<p>If your Express Entry profile was submitted before the July 7 update, you must log in and update your proof of funds before July 28, 2025. Failing to update your profile could result in being removed from the Express Entry pool.<\/p>\n<h2 class=\"wp-block-heading\">Let Pilkington Immigration Help<\/h2>\n<p>With the rising\u00a0<a title=\"\" href=\"https:\/\/pilkingtonimmigration.com\/canadian-immigration\/\">Canadian Express Entry cost<\/a>\u00a0and the strict documentation requirements, having professional guidance can make all the difference. Pilkington Immigration can help you review your proof of funds, update your profile, and ensure you meet every requirement. Contact us today to get expert support and move forward with confidence.<\/p>\n<h3><strong>Schedule a consultation with our team today by visiting our Contact Us page: <a href=\"https:\/\/pilkingtonimmigration.com\/contact-us\/\">HERE<\/a><\/strong><\/h3>","protected":false},"excerpt":{"rendered":"<p>If you\u2019re planning to immigrate to Canada through the Express Entry system, it\u2019s important to be aware of a recent update that affects your eligibility. On July 7, 2025, Immigration, Refugees and Citizenship Canada (IRCC) raised the minimum funds required to apply under the Federal Skilled Worker Program and the Federal Skilled Trades Program. This [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"<img class=\"size-full wp-image-1677\" src=\"https:\/\/pilkingtonimmigration.com\/wp-content\/uploads\/sites\/28\/2023\/04\/PGWP-300x251-1.jpg\" alt=\"\" width=\"300\" height=\"251\" \/>\n\nAs of April 6, 2023, those who are currently or formerly on a Post- Graduation Work Permit (PGWP) could be eligible for an 18 month Open Work Permit. Those who wish to apply will have until December 31, 2023.\n\nThe benefit for this Open Work Permit is that it grants the individual the ability to work any job and for any employer in Canada for up to 18 additional months.\n\nAs per IRCC, eligible candidates will be able to:\n<ul>\n \t<li>opt into a simplified process to extend their work permit, or<\/li>\n \t<li>apply to extend their work permit, or<\/li>\n \t<li>apply to restore their status and get a new work permit<\/li>\n<\/ul>\nEven if a candidate is not eligible to opt in, they can still apply for a work permit.\n\nSee <a href=\"https:\/\/t.sidekickopen60.com\/s3t\/c\/5\/f18dQhb0V1-gmb8cp8kBW25MZTD59hl3kW7_k2841CX6NGW35QNyY2PynM_W7vZ0Py8kpgz-f197v5Y04?te=W3R5hFj4cm2zwW4mKLS-3F4FzJW3H34sw3yML2qW1Lyz5B3S-qPyW4fJg0T1GHbGRW4hFZJc4cfK-XW4fJg-S41Y76NW45lYRp49SzG1W3K96C743WgprW3F4FzJ3H34yvW3K8Qz94ff6B5W4cQ9YB49HRfrW3zhs7S41p1cXW49MW8W3K8Qz9W4fdgXX3ZTPLWw4cg7Ws9x12&amp;si=8000000016645336&amp;pi=1b369650-4437-45f0-83d7-642df18d96a2\">IRCC website<\/a> for more information on this opportunity.\n\nIRCC has emailed those who may be eligible for the process to extend their work permit. The message comes from an email that ends in @cic.gc.ca or @notifications.canada.ca. IRCC notes that such individuals must take action before May 20, 2023 and apply before their work permit expires.\n\nTo be eligible for the simplified process, you must:\n\n1)\u00a0Reside in Canada\n\n2)\u00a0Log into your\u00a0<a href=\"https:\/\/t.sidekickopen60.com\/s3t\/c\/5\/f18dQhb0V1-gmb8cp8kBW25MZTD59hl3kW7_k2841CX6NGW35QNyY2PynM_W7vZ0Py8kpgz-f197v5Y04?te=W3R5hFj4cm2zwW4mKLS-3F4FzJW3H34sw3yML2qW1Lyz5B3S-qPyW4fJg0T1GHbGRW4hFZJc4cfK-XW4fJg-S41Y76NW45lYRp49SzG1W3K96BL45S_3cW3F4G5h43TwfrW3F5tD341Yswq4S6TW1&amp;si=8000000016645336&amp;pi=1b369650-4437-45f0-83d7-642df18d96a2\">IRCC Secure Account<\/a>\u00a0to:\n<ul>\n \t<li>ensure that your mailing address is up to date<\/li>\n \t<li>confirm your passport information is up to date and has an expiration date of June 2025 or later, and<\/li>\n \t<li>opt in for up to an additional 18 months<\/li>\n<\/ul>\nIf you do not have an account, you will need to register for an IRCC Secure Account and link your most recent PGWP application to your account before May 20, 2023.\n\nAbout the Open Work Permit extension:\n\nRecently, Canada\u2019s Immigration Minister, Sean Fraser announced that the IRCC would enable those who are eligible as former or current PGWP holders access to a new Open Work Permit.\n\nTypically a PGWP is non-renewable, and those with an expiring PGWP would have to find another way to remain in the country or leave. However, Fraser indicated the purpose of this initiative will help employers in Canada address their labour shortages and provide PGWP holders time to potentially consider permanent residency. PGWPs allow eligible international graduates to work for up to 3 years after they complete their studies in the country. The ultimate length of the PGWP depends on the length of the completed program of study. \u00a0PGWPs are of high interest as they allow graduates to build their eligibility for permanent residency.\n\nMajority of Canada\u2019s economic class immigration programs reward candidates who have Canadian work experience since Stats Canada shows the experience supports the labour market integration upon gaining permanent residence. This shows why Express Entry, Provincial Nominee Program, and other economic class pathways provide more points and or dedicated streams to those with experience in Canada. In 2022, Canada hosted a record 800,000 international students. Nearly 98,000 PGWP holders transitioned to permanent residence last year, accounting for over 80% of all temporary residents who transitioned to PR.\n\nWhen this announcement was made, IRCC suggested there were over 286,000 PGWP holders in Canada at the end of 2022. The department estimates nearly 127,000 PGWPs will expire in 2023. However approximately 67,000 PGWP holders have already applied for PR, and would not need to apply for a new Open Work Permit.","_et_gb_content_width":"","footnotes":""},"categories":[13],"tags":[],"class_list":["post-2839","post","type-post","status-publish","format-standard","hentry","category-news-events"],"aioseo_notices":[],"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"Staff","author_link":"https:\/\/pilkingtonimmigration.com\/north-bay-on\/author\/brian\/"},"_links":{"self":[{"href":"https:\/\/pilkingtonimmigration.com\/north-bay-on\/wp-json\/wp\/v2\/posts\/2839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pilkingtonimmigration.com\/north-bay-on\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pilkingtonimmigration.com\/north-bay-on\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pilkingtonimmigration.com\/north-bay-on\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/pilkingtonimmigration.com\/north-bay-on\/wp-json\/wp\/v2\/comments?post=2839"}],"version-history":[{"count":2,"href":"https:\/\/pilkingtonimmigration.com\/north-bay-on\/wp-json\/wp\/v2\/posts\/2839\/revisions"}],"predecessor-version":[{"id":2843,"href":"https:\/\/pilkingtonimmigration.com\/north-bay-on\/wp-json\/wp\/v2\/posts\/2839\/revisions\/2843"}],"wp:attachment":[{"href":"https:\/\/pilkingtonimmigration.com\/north-bay-on\/wp-json\/wp\/v2\/media?parent=2839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pilkingtonimmigration.com\/north-bay-on\/wp-json\/wp\/v2\/categories?post=2839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pilkingtonimmigration.com\/north-bay-on\/wp-json\/wp\/v2\/tags?post=2839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}