Canada will increase the amount of money international students must show for living expenses when applying for a study permit from September 1, 2026.
Immigration, Refugees and Citizenship Canada in a post on X on Friday said a single student applying from outside Quebec will be required to demonstrate access to C$23,448 for living expenses, up from C$22,895 under the current requirement.
The new figure represents an increase of C$553, or about 2.4 per cent.
The financial requirement is separate from tuition fees and transportation costs.
Applicants must also demonstrate that they have enough money to cover these expenses for themselves and any family members accompanying them to Canada.
