Quotes

“International students provide significant cultural, social and economic benefits to their communities, but they have also faced challenges navigating life in Canada. We are revising the cost-of-living threshold so that international students understand the true cost of living here. This measure is key to their success in Canada. We are also exploring options to ensure that students find adequate housing. These long-overdue changes will protect international students from financially vulnerable situations and exploitation.”

– The Honourable Marc Miller, Minister of Immigration, Refugees and Citizenship

Quick facts

  • International education accounts for more than $22 billion in economic activity annually, greater than Canada’s exports of auto parts, lumber or aircraft, and supports more than 200,000 jobs in Canada.
  • Quebec establishes its own cost-of-living threshold for international students destined for Quebec’s learning institutions and has continued to raise this threshold periodically.
  • The new financial guidelines are also being applied to the Student Direct Stream, a special study permit application process available to residents of 14 countries that requires additional up-front information from the applicant and provides priority processing.