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Canada Raises Cost-Of-Living Requirement For International Students - Education - Nairaland

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Canada Raises Cost-Of-Living Requirement For International Students by Supremos: 8:19am On Dec 08, 2023

https://www.youtube.com/watch?v=_0qnix9FPX8

Canada will more than double the cost-of-living financial requirement for incoming international students on Jan. 1, Minister of Immigration, Refugees and Citizenship Marc Miller announced today.

Under the current requirement, which has been in place since the early 2000s, study permit applicants need to show they have $10,000 saved to cover their tuition and the cost of living in Canada.

However, Miller said the financial requirement hasn’t kept up with the cost of living over time, resulting in students arriving in Canada only to learn that their funds aren’t adequate.

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"Moving to a more accurate cost of living level that helps international students arrive with necessary resources to live and study in Canada, future increases will be tied to the low-income cut-off Statistics Canada announces every year," he said.

For 2024, a single applicant will need to show they have $20,635, representing 75 per cent of low-income cut-off (LICO), in addition to their first year of tuition and travel costs. The change will apply to new study permit applications received on or after Jan.1, 2024.

The threshold will then be adjusted each year when Statistics Canada updates the LICO. The LICO represents the minimum income necessary to ensure that an individual does not have to spend a greater than average portion of income on necessities.


Miller announced a handful of other updates to the international student program, including that the waiver on the 20-hour-per week off-campus work limit(opens in a new tab) will be extended to April 30, 2024 for current international students. Moreover, Miller said the government is considering expanding the off-campus work hours for international students to 30 hours per week while class is in session.

"Our data shows us that 80 per cent of international students work more than 20 hours per week," he said.

The federal government launched the pilot project that removed the cap on the number of off-campus hours international students can work in November 2022, and it was set to expire at the end of this month.

Miller also announced the extension of a distance learning measure that allowed students to count time spent studying online toward the length of a future post-graduation work permit, as long as it constitutes less than 50 per cent of the program of study. The measure will stay in place for students who begin a study program before Sept. 1, 2024, but not for students who begin study on or after that date.

Meanwhile, the government will wind down a temporary policy to allow international graduates with expired or soon-to-be-expiring work permits to apply for an 18-month permit extension. Foreign nationals with a post-graduation work permit expiring up to Dec. 31, 2023 are still eligible to apply, but anyone whose permit is set to expire after that date is not.

The changes come as Miller said the federal government plans to "significantly" limit the number of visas issued to international students "to ensure that designated learning institutions provide adequate and sufficient student supports as part of the academic experience."

Last month, in response to growing concerns about the rising cost of living and widespread affordable housing shortages in Canada, the ministry announced a new framework to recognize learning institutions that provide international students with high-quality services and support, including housing.

"It would be a mistake to blame international students for the housing crisis but it would also be a mistake to invite them to come to Canada with no support including how to put a roof over their heads," Miller said on Thursday.

"That's why we expect learning institutions to only accept the number of students that they're able to provide for, able to house or assist in finding off-campus housing."

https://www.ctvnews.ca/canada/canada-doubling-cost-of-living-requirement-for-international-students-1.6677987

7 Likes 1 Share

Re: Canada Raises Cost-Of-Living Requirement For International Students by Supremos: 8:20am On Dec 08, 2023
More photos.

Cc OAM4J Nlfpmod Dominique Mynd44 Puskin FOD Mukina

E don red for average Nigerians wishing to Japa to Canada via study route.

$20,000 Canadian is roughly $16000 USD, and that's about #20,000,000 million Naira that's supposed to be in your Proof of fund, that's aside your tuition, travel itinerary and flight ticket. So you are looking at roughly #30,000,000


Dear Nigerian youths, if you have such amount of money, invest in agriculture and agro allied businesses.

Groom and grow your business for another 3-4years and I can assure you, you can go on vacation to Canada, US or UK now as a big boy

Strictly My opinion though.

74 Likes 6 Shares

Re: Canada Raises Cost-Of-Living Requirement For International Students by Supremos: 8:20am On Dec 08, 2023
UK and Canada is tightening their immigration loose ends apparently because they have figured more Nigerians are willing to sell everything and Japa.

What % of Nigerian has such amount of money for traveling?. And if you have such amount, what are you traveling out for?.

I now understand what Peter Obi meant by governance is all about giving hope to the citizens.

Nigerians has totally lost hope in the entity called Nigeria.

Even Jj Omojuwa ran away to UK.

108 Likes 9 Shares

Re: Canada Raises Cost-Of-Living Requirement For International Students by money121(m): 10:07am On Dec 08, 2023
Wahala
Re: Canada Raises Cost-Of-Living Requirement For International Students by BlueStripper: 10:07am On Dec 08, 2023
At the end of the day, the world will feel the impact of their evil deeds in Africa.

You sanction African countries and impose economic embargos, yet expect them to remain in the land? That's thinking like a typical western bigot.

You spearhead warfare in Sahel Africa for arms export and exploitation of natural resources thereby causing unrest and economic instability. Still in your crazy minds, you expect the people to remain?

Someday, you will see mass migration from all corners. Africans will develop helium balloons just to fly and land in your backyards.

Someday, what you thought was an UFO will be a shipload of Africans coming over to wreck your "Beautiful Homes" .

Your Refugee camps will be overcrowded. Your law enforcement will be overwhelmed.

29 Likes

Re: Canada Raises Cost-Of-Living Requirement For International Students by DevilishMan: 10:08am On Dec 08, 2023
No more escape from marriage pressure for pocohantas.

12 Likes

Re: Canada Raises Cost-Of-Living Requirement For International Students by SayNo2SmallPrik: 10:09am On Dec 08, 2023
Congratulations
Re: Canada Raises Cost-Of-Living Requirement For International Students by kelvindj98: 10:09am On Dec 08, 2023
Canada and UK chopping student visa application money without remorse.

25 Likes 4 Shares

Re: Canada Raises Cost-Of-Living Requirement For International Students by yesloaded: 10:09am On Dec 08, 2023
Ok
Re: Canada Raises Cost-Of-Living Requirement For International Students by Kemadealadire(f): 10:10am On Dec 08, 2023
Hmmn.
Re: Canada Raises Cost-Of-Living Requirement For International Students by sukkot: 10:12am On Dec 08, 2023
shocked
Re: Canada Raises Cost-Of-Living Requirement For International Students by Beuberry(f): 10:12am On Dec 08, 2023
Kukunkillua
Re: Canada Raises Cost-Of-Living Requirement For International Students by AbuTwins: 10:13am On Dec 08, 2023
Raise your hustle here too or change your destination!

As for me na Nigeria I go make my millions without stealing or corruption!

52 Likes 5 Shares

Re: Canada Raises Cost-Of-Living Requirement For International Students by StudentsNG: 10:13am On Dec 08, 2023
Saw this coming. The $10k threshold in place is obviously insufficient considering the current economic realities in Canada today.

12 Likes 2 Shares

Re: Canada Raises Cost-Of-Living Requirement For International Students by Yugoslavia247(m): 10:14am On Dec 08, 2023
BlueStripper:
At the end of the day, the world will feel the impact of their evil deeds in Africa.

You sanction African countries and impose economic embargos, yet expect them to remain in the land? That's thinking like a typical western bigot.

You spearhead warfare in Sahel Africa for arms export and exploitation of natural resources thereby causing unrest and economic instability. Still in your crazy minds, you expect the people to remain?

Someday, you will see mass migration from all corners. Africans will develop lithium balloons just to fly and land in your backyards.

Someday, what you thought was an UFO will be a shipload of Africans coming over to wreck your "Beautiful Homes" .

Your Refugee camps will be overcrowded. Your law enforcement will be overwhelmed.

Stfu
This victim mentality for the past 60 years.
What has it brought you.
All the people who were saying the same thing have all cash out
Burna boy no dey sing am again
Kuti family
Oshiomole.

You have been in charge of your lives for 60 years.
It appears the white man leadership is far better despite the whole victim mentality.

Abeg rest.
Na politicians dey thief us
Keep the crap for your family and yourself

33 Likes 3 Shares

Re: Canada Raises Cost-Of-Living Requirement For International Students by Acidosis(m): 10:14am On Dec 08, 2023
Supremos:
More photos.


$20,000 Canadian is roughly $16000 USD, and that's about #20,000,000 million Naira that's supposed to be in your Proof of fund, that's aside your tuition, tracel itinerary and flight ticket. So you are looking at roughly #30,000,000

Hmmnn

3 Likes

Re: Canada Raises Cost-Of-Living Requirement For International Students by TGM2015: 10:14am On Dec 08, 2023
For 2024, a single applicant will need to show they have $20,635, representing 75 per cent of low-income cut-off (LICO), in addition to their first year of tuition and travel costs. The change will apply to new study permit applications received on or after Jan.1, 2024.


How much is $20,635 (Canadian Dollars) when converted to naira?

Based on the screenshot and the quote above, the Canadian government is saying one needs about $20,635 (N11.9m) representing 75% or about N16m to have a decent living above poverty line in Canada for 6 months right? They have move the LICO estimate from $13,757 (2023) to $20,635 (2024).

Please, how much do I need to live a semi-rich lifestyle in Nigeria for six months? I believed in measuring the strength of a currency against it purchasing power in it local country than it exchange rate against other currencies.

4 Likes

Re: Canada Raises Cost-Of-Living Requirement For International Students by BabaAgba79(m): 10:15am On Dec 08, 2023
Supremos:

https://www.youtube.com/watch?v=_0qnix9FPX8



https://www.ctvnews.ca/canada/canada-doubling-cost-of-living-requirement-for-international-students-1.6677987

It is red for every country of the world honestly! All around the world, countries and nations are not smiling! We are still enjoying in Nigeria honestly! No thanks to Bandits and terrorists who are chasing people out of their farm! If we are free of banditry, terrorism and kidnapping, Nigeria will be a safe haven! Everything is in Nigeria!

17 Likes 1 Share

Re: Canada Raises Cost-Of-Living Requirement For International Students by BigDawsNet: 10:17am On Dec 08, 2023
He don be...

But wa ri ti e se loruko jesu!

6 Likes

Re: Canada Raises Cost-Of-Living Requirement For International Students by AbuTwins: 10:18am On Dec 08, 2023
Supremos:
More photos.

Cc OAM4J Nlfpmod Dominique Mynd44 Puskin FOD Mukina

E don red for average Nigerians wishing to Japa to Canada via study route.

$20,000 Canadian is roughly $16000 USD, and that's about #20,000,000 million Naira that's supposed to be in your Proof of fund, that's aside your tuition, tracel itinerary and flight ticket. So you are looking at roughly #30,000,000


Dear Nigerian youths, if you have such amount of money, invest in agriculture and afro allied businesses.

Groom and grow your business for another 3-4years and I can assure you, you can go on vacation to Canada, US or UK now as a big boy

Strictly My opinion though.

You make sense!

5 Likes 1 Share

Re: Canada Raises Cost-Of-Living Requirement For International Students by PropertyScout(m): 10:18am On Dec 08, 2023
When these countries want immigrants, they set favourable laws. When they no longer need immigrants, they apply new laws.

There's no country like your own.

9 Likes

Re: Canada Raises Cost-Of-Living Requirement For International Students by Johnbullirabor7(m): 10:19am On Dec 08, 2023
While UK government will be sending asylum seekers to Rwanda it's well
Re: Canada Raises Cost-Of-Living Requirement For International Students by spiSeyi: 10:19am On Dec 08, 2023
The West keeps milking Africans I can't fathom how people who are well to sell their property to jakpa when most can't even boast of 15M savings within 2-3yrs of jakpa grin

5 Likes

Re: Canada Raises Cost-Of-Living Requirement For International Students by Focusmind: 10:19am On Dec 08, 2023
The main worry is that cap on extension of PGWP. What happens after the Post Graduate Work Permit has expired and the international student has not been lucky with PR application. Na to return back to his or her country. There are piles and piles of PR application waiting to be attended to, and some international students, even with the Canadian work experience and Canadian education have not been able to make the cut for PR.

6 Likes

Re: Canada Raises Cost-Of-Living Requirement For International Students by Emma09(m): 10:19am On Dec 08, 2023
Make I just get 20 to 30 Million first. Y I go JAPA when I get such amount? JAPA to where? Na to buy land, build and invest some in business that will grow. We die here!

6 Likes

Re: Canada Raises Cost-Of-Living Requirement For International Students by Coronavirus1: 10:20am On Dec 08, 2023
Supremos:
More photos.

Cc OAM4J Nlfpmod Dominique Mynd44 Puskin FOD Mukina

E don red for average Nigerians wishing to Japa to Canada via study route.

$20,000 Canadian is roughly $16000 USD, and that's about #20,000,000 million Naira that's supposed to be in your Proof of fund, that's aside your tuition,
tracel itinerary and flight ticket. So you are looking at roughly #30,000,000


Dear Nigerian youths, if you have such amount of money, invest in agriculture and afro allied businesses.

Groom and grow your business for another 3-4years and I can assure you, you can go on vacation to Canada, US or UK now as a big boy

Strictly My opinion though.
You are right.But you forget the herdsmen who will enter your farm and destroy them in few seconds

11 Likes

Re: Canada Raises Cost-Of-Living Requirement For International Students by BabaAgba79(m): 10:21am On Dec 08, 2023
Emma09:
Make I just get 20 to 30 Million first. Y I go JAPA when I get such amount? JAPA to where? Na to buy land, build and invest some in business that will grow. We die here!

You see, you are right, but #30 million is nothing if you are married! If you have such money, get a student visa to USA, Canada, UK or Australia. It will pay off later. All the people that surround me that travelled to Australia, USA, UK and Canada are very ok than they were in Nigeria! I am telling the truth! Go and open a foreign account there, and be making ur money in hard currency! Later, u go dey come Naija come relax and flex. Na my plan be this! It pays off!

20 Likes

Re: Canada Raises Cost-Of-Living Requirement For International Students by easyfem(m): 10:22am On Dec 08, 2023
African , most especially nigerian most learn in hard way , so dont play ........
Re: Canada Raises Cost-Of-Living Requirement For International Students by kokakola: 10:22am On Dec 08, 2023
These people really know how to do good business with the little that they have. Whereas, the ones here are wasteful of their endowed resources.

1 Like

Re: Canada Raises Cost-Of-Living Requirement For International Students by Evolutionism: 10:23am On Dec 08, 2023
Everything needed to be done to Depopulate the massive population of Earth is a welcome development🙏

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