We (me and my wife) will be landing in Canada in 2011. As per CIC we need to show $13,802 CAD for both of us.
1. The site mentions that we need to declare if we are carrying more than $10,000. So do we have to declare if we are carrying in some form other than cash also - like TCs, cheque, etc?
2. I am currently in US. Can we open a bank account in Canada and transfer some fund there? Is that a possibility?
Pasi (4rum member just landed few weeks ago) brought the funds in cash and travel cheques (total $13k something). So you can bring as much as you can, just remember to declare those money, there won't be any problems. For my personal experience, I tried to open an TD bank in US, and routed money to soon-to-be open account in Can, but it seems not to be reasonable. Let me know if you have any ideas