Yes, you need to show IRCC you have enough funds to support yourself and your family (if applicable) upon completing your permanent residence landing in Canada. However, this requirement is waived if you are legally able to work in Canada and have an eligible job offer. Once the individual enters the pool by having created an Express Entry profile, he or she becomes a candidate and is ranked along with other candidates. The Express Entry pool is a competitive environment, with a points-based ranking system where candidates are awarded up to 1,200 points under the Comprehensive Ranking System (CRS). The government conducts periodic draws, in which the top-ranked candidates are issued an Invitation to Apply (ITA) for permanent residence.