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Author Topic: Are required funds the same for Recent Graduates as for general Skilled Worker  (Read 410 times)
GO83
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« on: October 19, 2009, 06:38:35 pm »

I'm confused if I need to have $10,000 in savings to apply for the Canadian Experience Class?


On the application it states you do, as far as I can see but then I see this now and again too on info sites:

Financial requirements (available funds) of Federal Skilled Workers should not apply to CEC as the program is limited to ready-to-work skilled persons who will have been in Canada for at least two to three years.

I am currently working for a non profit in Vancouver, it counts as a skilled labor job but it pays *censored word*. I have to coordinate getting funds transferred from the USA to cover this requirement but as my parents have been laid off I don't want to burden them with this if I don't need to. Can someone please clarify?

Thanks
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jes_ON
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« Reply #1 on: October 20, 2009, 01:49:02 pm »

For CEC, the funds requirement does not apply.  If you see the "funds" item on the application form, you have the wrong form for CEC.

IMM 0008 SCHEDULE 3 - is for the FEDERAL SKILLED WORKER class - it asks for funds under item 10:
http://www.cic.gc.ca/english/pdf/kits/forms/imm0008_3e.pdf

IMM 0008 SCHEDULE 8 - is for the CEC Class.
http://www.cic.gc.ca/english/information/applications/cec.asp
http://www.cic.gc.ca/english/pdf/kits/forms/imm0008_8e.pdf
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GO83
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« Reply #2 on: October 20, 2009, 02:10:14 pm »

Thanks for the clarification that I don't need to have $10,000. FEW. Do I need to show available funds at all?
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Leon
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« Reply #3 on: October 20, 2009, 02:15:18 pm »

If you have a job already, you don't have to show funds at all, not even for skilled worker.
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PR=Permanent resident - TFW=temporary foreign worker
FSW=federal skilled worker - QSW=Quebec skilled worker
AEO=arranged employment offer - LMO=labour market opinion
CEC=Canadian experience class - PNP=provincial nominee program
jes_ON
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« Reply #4 on: October 21, 2009, 01:19:44 pm »

Just a clarification to what Leon said - it is true that if you qualify for CEC you also qualify under Federal Skilled Worker (FSW) class.  It's not just as simple as "having a job" tho, to qualify as FSW Category 2, "arranged employment" (funds requirement waived).  To qualify as "arranged employment" the job has to meet the CIC's definition of "permanent" ... 

I have a job too but it does not qualify as "arranged employment" because it is a contract position - fixed term, renewable, but not "permanent".  I would only qualify under FSW Category 3, where proof of funds are required for some inexplicable reason.  Since that was not possible for me, I had to withdraw my FSW application and I will apply under the CEC in a couple of  months...

...and since you, GO83, also work for a non-profit, it is likely that you are also on a fixed term contract...


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GO83
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« Reply #5 on: October 21, 2009, 01:47:27 pm »

Oh man. Confused. I have a job. I've worked at it for a year and a month. I don't have a contract of time I need to be hired for or work for. Just a general employment contact (there is no end date). They asked me to please consider staying for two years or more from when I started.

Would that cancel me out of having to show funds?

Thanks for any responses.
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Leon
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« Reply #6 on: October 21, 2009, 02:45:59 pm »

If you have a job offer for a permanent job (no end date) and a letter saying they will keep you after you get your PR, then you wont have to show funds.
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PR=Permanent resident - TFW=temporary foreign worker
FSW=federal skilled worker - QSW=Quebec skilled worker
AEO=arranged employment offer - LMO=labour market opinion
CEC=Canadian experience class - PNP=provincial nominee program
jes_ON
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« Reply #7 on: October 22, 2009, 03:32:01 pm »

Then it sounds like you have "permanent" employment, congratulations. 

But now I am confused.  You posted in the "Canadian Experience Class" (CEC) forum.  Are you actually wanting to apply under the FSW Program?  If so, you should be posting in the "Skilled Worker / Professional Immigration" forum.  If you're not sure what the difference is, you could spend a little more time on the CIC website :)

If you've only worked for one year, you are not yet eligible under the CEC class.  (Unless you also got some education/degree in Canada?)

You are (probably) eligible under the FSW Program Category 2, and do not need to show proof of funds - on the FSW application form, you can write "N/A" where it asks about funds (you have to use the IMM 0008 SCHEDULE 3 above for that class).
« Last Edit: October 22, 2009, 03:34:21 pm by jes_ON » Logged
GO83
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« Reply #8 on: October 22, 2009, 03:42:37 pm »

Hi,

I'm applying under the CEC program because I completed a Canadian Degree at a University. To my knowledge I can apply after 1 year of skilled labor. I just hop ethey accept it as skilled labor!

- Gretch

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jes_ON
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« Reply #9 on: October 23, 2009, 01:55:56 pm »

If you are applying under CEC, then rules about arranged employment are irrelevant - different program!

You are concerned about your 1 year employment being accepted as skilled labor - ?  Why?  What is your NOC? 
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GO83
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« Reply #10 on: October 23, 2009, 03:21:32 pm »

Well I'm an Administrator at a non profit (122 i guess) not an Administrative Assistant (144 Administrative Support). But with the NOC they can accept a title as being NOC but then sometimes it sounds like the job description is what decides things.
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jes_ON
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« Reply #11 on: October 23, 2009, 04:40:44 pm »

well, yes, the job description and qualifications (not the title) is what counts for the NOC.  So... which one matches?
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canadiancoops
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« Reply #12 on: October 26, 2009, 05:17:44 pm »

What is the NOC on your work permit? or do you have an open one?
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GO83
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« Reply #13 on: October 26, 2009, 05:55:46 pm »

its open
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