Why You Need a GIC for Your Canada Study Permit as an International Student
A GIC (Guaranteed Investment Certificate) is a secure, government-backed financial requirement for international students applying for a Canadian study permit. It proves you have enough funds, minimum CAD $22,895, to support yourself during your first year in Canada. Through Periculum’s partnership with TD Bank, students can open a GIC account fully online, verify identity digitally, fund the account, and receive an official GIC certificate to include in their Canadian study permit application. Even scholarship recipients or those funded by parents need a GIC to cover living expenses. Periculum Connect simplifies this critical process, offering a fast, trusted, and fully digital end-to-end service for students worldwide.
