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Canada revises its financial proof requirement & extends rights!

Know all about Canada’s revised expectations for proof of financial support as required on a student’s study permit application.
Updated Financial Requirements
Canada doubles the financial proof needed for study permits from C$10,000 to C$20,635, matching increased living costs, on January 1, 2024.
Expanded Work Rights
The new policy allows international students to work more hours, offering greater career and financial flexibility.
International Student Enrollment
These changes, especially the financial requirement reduction, could boost international student enrollment in Canadian universities.
Economic Boost
With the revised financial and work rights policies, Canada expects to see an increase in international student contributions to its economy.
Adapting to Global Education Trends
Canada's financial proof hike & other enhancements demonstrate its commitment to international students' living conditions and academic excellence.
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