Is living in Canada expensive for international students?
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1 Answer
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The cost of living in Canada vary from an individual to individual. There are various factors that will affect the cost of living such as type of accommodation, lifestyle, phone and internet bills etc. Marc Miller, Canada’s immigration minister made an important announcement on Dec 14, 2023. He announced that from Jan 1, 2024, internatioanl studetns will need CAD 20,635 in their bank accoun to be eligible for a study permit to Canada. Since 2000s the funds needed in a bank account to prove financial stability has remained unchanged at CAD 10,000. Recently, the cost of living has increased sharply due to a sharp increase in housin
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