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masud2002 said:
I am the principal applicant in this case can my wife sponsor my sister
Probably not. Please check here -> http://www.cic.gc.ca/english/immigrate/eligibility.asp

Update :
I have just read the rest of your posts on this subject.
The answer to all of the "can I sponsor" / "can my wife sponsor" questions is "NO". You can sponsor your parents only.