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I would always go for Affidavit of financial support in lieu of a letter.
If you know the letter of support is equally good enough then please see below for amendments:
1. two corrections in the first line:
I hereby confirm that I will pay the tuition fees for my......
2. Mention the tuition fee that has to be paid per year after the first sentence. So write:
...Vancouver Island...... Her tuition fee per academic year will be of the amount $000007 (give the exact amount that you will have to pay per academic year)
3. Instead of "this also applies" write: We also guarantee to pay her living expenses which will be no less than $000007 per month during her four year stay in Vancouver, BC, Canada.
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