Hi
@legalfalcon
You are a gem and, although I know you are being bombarded by questions (you're some kind of saint), hopefully you'll have a chance to attend to mine.
I've asked this question in other threads, but I'm still looking for a more 'satisfying' response. Posters in this forum keep stating that investments, such as stocks, bonds, mutual funds, etc. cannot count as Settlement Funds for purposes of satisfying requirements under the Federal Skilled Workers programme, because they are tied to the market and are too 'volatile' in value.
However, I have yet to find anything from IRCC specifically stating this. All I can find is that 'statements from investment accounts' is one of the supporting documents for proof of funds on CIC's website, and I've seen persons post email responses from IRCC where they state that 'cashable investments' are valid, but nothing specifies what types of Investments.
Persons on this forum have also been stating that holdings in real estate can be used as POF, even though I'm fairly certain that I saw on the CIC website that real estate couldn't be used.
Can you provide a ruling on this matter, or direct me to something from IRCC specifically that outlines if investments can or cannot be used as POF?