-ve income

[elbob]

Hi,

If a sponsor worked 6 month in a year in a decent paying job but lost a lot of money in the Canadian stock exchange and overall end of year income is -ve.
Is it wise to apply for sponsorship now or what next year.

P.S: Don't get not intend to get social or benefits or any of that, even child benefits.

Thanks

 

[steaky]

The loss in stock exchange is a capital loss - it does not affect your income. You can continue applying your relative.

 

[elbob]

The loss in stock exchange is a capital loss - it does not affect your income. You can continue applying your relative.

Thanks for the update. Was worried about this.