However, if you are carrying more than 10.000$ you have to declare them, don't worry you don't have to pay any taxes on them (if you are doing a landing of course)
Bumped to link with this post:
http://www.canadavisa.com/canada-immigration-discussion-board/index.php?action=post;topic=50403.0;num_replies=1
So many conflicting posts... Which one needs the answer now?
CIC suggests bring as much money as possible to make moving and finding a home in Canada easier.There isn't any maximum limit.
NOTE: If you have Arranged Employment Offer then you dont need to show these funds.
But at the same time find out how much it costs to live where you are planning to settle in Canada.
The Government of Canada does not provide financial support to new skilled worker immigrants.
Disclosure of funds
If you are carrying more than C$10,000, tell a Canadian official when you arrive in Canada. If you do not tell an official, you may be fined or put in prison.
These funds could be in the form of:
cash securities in bearer form (for example, stocks, bonds, debentures, treasury bills) or negotiable instruments in bearer form (for example, bankers’ drafts, cheques, travellers’ cheques or money orders).
what if some one arrange or open bank account in canada bank before arriving in canada , like opening account in scotiabank canada while being in dubai. Does it also required to mention at the time of landing regarding the opened account ?