Gross Or Net Income Considered For The PGP Sponsorships

[Sukhbir Singh]

I am planning to sponsor my grandparents to Canada permanently. I am a truck owner operator. I have a registered a limited company in Ontario. My wife works in a factory. Would immigration officer look at my gross or net income?

[Rajpal (Admin)]

If you are planning to sponsor your grandparents to Canada for permanent residence, the officer will look at your personal income (you can call it net income but it may not be same as net income of business) which will be reported to CRA on line 150 of your notice of assessment. You can combine income of your wife reported at line 150 of her notice of assessment. This income will be specified in the MNI chart which is 30% more than the LICO chart prepared by Statistics Canada and used by IRCC.