Settlement fund Canada is needed for Skilled Category Applicants. Canadian Govt. require you have enough fund ready to live for first 8-10 month of arrival.
Getting ready your fund:
1. Keep required fund in yours or spouse’s personal account.
2. Fund need to be at-least 3 months old before you apply.
3. Current Account, Saving Account, Bond, Saving Fund under your or spouse name will work.
4. Fund must not move out once you apply until your immigration files completes.
How much Canadian Dollar you should have as fund? Calculate here.