Your Settlement Funds Table for Express Entry Might Already Be Out of Date
“A friend who moved four years ago just told me you need a specific savings figure” is the kind of sentence that starts a lot of nervous budget spreadsheets, and it’s a good example of the express entry settlement funds table out of date problem in action. The number itself might once have been right. It just isn’t necessarily right now, and the table it came from updates on its own schedule.
The table, as it stood on 2 August 2026
| Family members | Funds required (CAD) |
|---|---|
| 1 | $15,263 |
| 2 | $19,001 |
| 3 | $23,360 |
| 4 | $28,362 |
| 5 | $32,168 |
| 6 | $36,280 |
| 7 | $40,392 |
| Each additional member | +$4,112 |
Why this table has a use-by date, even though nothing on the page says so
IRCC states plainly that it updates these figures every year, based on 50% of the low income cut-off totals. As read directly from canada.ca on 2 August 2026, though, the live table still carried an “Updated July 7, 2025” stamp — and the 2025 refresh itself had landed in early July. A year on, a fresh update looks due, which is exactly how often does IRCC update settlement funds tends to play out: on an annual cycle that can land at almost any point in the summer.
The settlement funds refresh deadline that matters if you’re already in the pool
When IRCC does refresh the table, candidates who submitted their profile before the change aren’t simply left holding the old numbers forever. They’re given a deadline to update their proof of funds and stay eligible — in 2025, that deadline fell on 28 July. Updating your figures to match a new table doesn’t reset your place in line either; your profile keeps its original received date for ranking purposes, only the funds documentation itself gets refreshed.
Who doesn’t need to worry about the table at all
Two groups are exempt from showing settlement funds altogether: anyone invited under the Canadian Experience Class, and anyone who is authorised to work in Canada and holds a valid job offer. Even then, IRCC currently asks every applicant for a proof-of-funds document regardless of programme — an exempt candidate satisfies it with a letter explaining the CEC invitation or the job offer and work authorisation, rather than a bank statement.
What to actually do with the table above
Treat every number here as a snapshot dated 2 August 2026, not a permanent fact — proof of funds table changes yearly, and screenshots age the moment it does. Before you build a budget, a savings target, or an application timeline around any of these figures, remember the numbers above could already be superseded by several months, and re-check the live table on canada.ca for its current “Updated” date. A licensed RCIC can also help you work out exactly which category — funded applicant or exempt — actually applies to your situation.
Cape2Canada’s cost-of-moving guide gets refreshed whenever IRCC updates a headline figure like this one, worth bookmarking instead of a screenshot.