May 7, 2019

Update on Student Direct Stream: Eligible Banks for the GIC Program

There's a recent Program Delivery Update by IRCC concerning the new Student Direct Stream and the Student Guaranteed Investment Certificate (GIC) Program.

As of April 30, 2019, SDS applications are being centralized and processed by the Centralized Network (CN), and the service standard for SDS processing is 20 calendar days and are now processed online. 

They update also provided instructions regarding the GIC. Applicant applying under Student Direct Stream must provide proof of a Guaranteed Investment Certificate (GIC) of CAN $10,000 or more from any bank insured by the Canadian Deposit Insurance Corporation (CDIC) or any bank listed on the IRCC SDS Web page:

 Scotiabank which was the first to offer the GIC Program for applicants from the Philippines. Although listed on the Canadian Deposit Insurance Company Website, it is however, no longer listed in the IRCC SDS Web Page as a bank that meets the criteria for SDS. We've sent an inquiry to clarify this. How about those who purchased GIC before April 30, 2019? The updates provided information concerning transition from paper application to online until May 15, 2019 but was silent about Scotiabank GIC. 

 For the meantime, we suggest that you do the GIC using CIBC or any of those listed banks. 

 Update May 9, 2019: You can still use GIC from Scotiabank as confirmed by Embassy of Canada - Manila via email. 

 Update May 10, 2019: The page was updated and now includes Scotiabank.

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Gateway to Canada  is a consortium of immigration service providers specializing in delivering a comprehensive range of services tailored to address the diverse needs of individuals seeking visa applications for Canada. Our array of services encompasses assistance with visa applications, support for school admissions, landing services, financial planning, provision of insurance, and investment guidance. 


Proactive Immigration Advisers Corp
Proactive Immigration Advisers Corp is a Philippine-based company that offers documentation assistance services, it manages and operates Canadian Immigration Consultancy in Alabang.

RRJ Global Canada Immigration Inc
RRJ Immigration is a licensed Canadian immigration consultancy managed by Rowena Andrade with Regulated Canadian Immigration Consultant (RCIC) License No. R1036485.​ ​Rowena Andrade serves as the Chief Immigration Consultant of the Gateway to Canada consortium. She handles TRV, PR and LMIA Applications

PIACORP Consultancy & Services, Inc.
PIACORP Consultancy & Services, Inc. is a Canadian corporation registered with the Federal Government and with the Provincial Government of Ontario. PIACORP is primarily an International Education Agent connecting learners and learning institutions. ​ Established with a vision to empower individuals and businesses to thrive globally, it offers a comprehensive suite of services that cater to diverse needs. PIACORP is more than just a consultancy firm; it is your strategic partners in navigating the complex landscape of international education, business, and development.

Apuntar Legal Services
Based in Mississauga, Ontario, Apuntar Legal Services was established by Apol Apuntar with a mission: to make quality legal support available to everyone, regardless of their background or financial means. With a strong foundation in Human Rights Law, Employment Law, Immigration Law (IRB), and civil and tribunal matters, Apuntar Legal Services serve a diverse clientele throughout the Greater Toronto Area.

Cachapero Paralegal and Notary Services
Joselo Cachapero is a licensed paralegal and Notary Public with over a decade of experience serving Mississauga and the Greater Toronto Area since 2013. He holds a Bachelor of Laws degree from Saint Louis University. His practice areas include landlord and tenant matters, provincial offences, immigration (IAD), and tribunal proceedings. He is a member in good standing with the Law Society of Ontario.

With an outstanding team of seasoned professionals, Gateway to Canada ensures unwavering support and guidance for our esteemed clients throughout the immigration process and their settlement in Canada. Our mission is to empower individuals with the utmost efficiency and help them achieve their desired goals by providing an unparalleled journey to Canada.