Apart from the GIC amount, do we need to show the college tuition fees amount in our bank account for visa purposes?

Yes, in addition to the GIC (Guaranteed Investment Certificate) amount, you must also show proof of payment or sufficient funds for your college tuition fees when applying for a Canadian student visa.

The GIC covers your living expenses, but you need to separately demonstrate that you can pay your tuition - either by providing a payment receipt or by showing enough funds in your bank account to cover the fees. This combined financial proof is required to meet visa requirements.