Canada increases the “proof of funds” amount required from international students applying for a study permit. The higher financial requirement takes effect on September 1, 2026, meaning applicants must demonstrate that they have more money available to cover their stay in Canada.
Both outlets report that the change applies to Nigerians and other foreign students, without narrowing the policy to a specific nationality. The reports describe it as an increase in the amount applicants must show as part of the study-permit process. They do not provide detailed figures in the excerpts provided, nor do they describe whether the adjustment affects all students equally or only new applicants.
Overall, the coverage focuses on the effective date and the general increase in the proof-of-funds threshold for international students. No major differences in interpretation or emphasis are apparent between the two sources beyond their wording.
