Thanks for the quick reply Kanamen.. i have seen the link you have provided but it does not specifically answer my query.
Would be glad if you can provide a little detailed info.
11.
SETTLEMENT FUNDS
Refer to the "Proof of Funds" section of our Web site for exact figures and instructions.
Provide proof of unencumbered and readily transferable funds in a convertible currency available for settlement in Canada (for you and your family members):
•current bank certification letter; or
•evidence of savings balance; or
•fixed or time deposit statements