You will be subject to tax on your worldwide income for the period in a year when you are resident in Canada. Any income earned or savings you have accumulated before that period will not be subject to Canadian tax. You will be subject to Canadian tax from income earned on those amounts once you have become a Canadian resident.In order to prove that the savings arose before you entered Canada, it is advisable to obtain statements/written documentation of any investments/funds held immediately before you become a Canadian resident.
Disclaimer
The nature of this facility is to provide a general response to a general question. Under no circumstances should anyone act on this information without obtaining analysis and counsel from a qualified advisor with respect to the specific situation.
Phillip Nadler, CA
Richter Usher & Vineberg
http://www.richter.ca
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