Canada’s Top 10 Most Affordable Places To Live

Canada’s Top 10 Most Affordable Places To Live

Small cities in Quebec and New Brunswick are stealing the spotlight as Canada's most affordable places to live in 2024. According to the University Magazine, six communities in Quebec and four in New Brunswick have earned the title of "The Best Canadian Cities for Affordable Housing."

🌍 Diverse Destinations for International Students
These affordable communities cater to international students, with New Brunswick and Quebec boasting campuses of New Brunswick Community College and Collège Communautaire du Nouveau-Brunswick. The proximity to educational institutions adds a layer of convenience for those pursuing studies in Canada.

🏡 Charming Thetford Mines Takes the Lead
Thetford Mines, Quebec, tops the list, offering a blend of historical charm and natural beauty along the Becancour River. The average home price is a modest $172,189, reflecting the affordability these communities promise.

💼 Canada: A Top Work Destination
In addition to being a student paradise, Canada shines as a top work destination globally. Givetastic reports that Canada's robust job market, excellent healthcare, and top-notch education system make it the most popular country to emigrate to for work, surpassing even the United States.

📈 Canada's Global Appeal for International Students
Canada's popularity as a destination for international study continues to soar. ApplyBoard's report highlights a staggering increase in student visa applications, reaching almost 740,000 in 2022. Immigration Minister Marc Miller emphasizes Canada's commitment to enhancing programs for international students, ensuring a positive and enriching experience.

🌐 Two-Tier Immigration System Opens Doors
Canada's two-tier immigration system, including the Express Entry system and Provincial Nominee Programs, facilitates the journey to permanent residency. The Comprehensive Ranking System (CRS) sorts candidates, providing a pathway for skilled workers to contribute to local economies and become valued members of the Canadian community.

As Canada beckons with affordable living, quality education, and promising career prospects, it solidifies its position as a compassionate and inclusive haven for students and professionals alike.

TRENDING NEWS

• Canada Will Hit Recession if Temporary Resident Admissions Are Stopped A Desjardins Securities Inc. analysis warns that halting admissions of temporary residents, including students and foreign workers, could deepen Canada's projected recession in 2024. Population growth, driven by immigration, has boosted the economy, but adjusting policies may impact GDP. The report suggests caution, stating that a sharp drop in newcomers could worsen the recession, emphasizing the challenge of balancing economic concerns with housing affordability and provincial finances. The study proposes that maintaining or increasing temporary resident admissions may mitigate economic slowdown and housing issues. Read More

• Canada is introducing initiatives to boost Francophone immigration outside Quebec. Immigration Minister Marc Miller announced a new policy promoting economic development in French-speaking minority communities. Renewed funding for the Welcoming Francophone Communities initiative and a dedicated support program aim to facilitate integration. With a $137 million investment, the measures underpin Ottawa's commitment to the vitality of these communities, exceeding the 2023 target with 4.7% French-speaking resident admissions. The ambitious goals for 2024 (6%), 2025 (7%), and 2026 (8%) highlight Canada's dedication to Francophone immigration growth. Read more

• Canada Welcomes Thousands Through Parents And Grandparents Program. In November, the Parents and Grandparents Program (PGP) in Canada saw a 32% decrease in arrivals, welcoming 1,720 new permanent residents compared to October's 2,530. Despite the dip, PGP remains resilient, having welcomed 26,600 new residents in the first 11 months of 2023. The program is on track to surpass last year's numbers, potentially reaching 29,018 new permanent residents by year-end, a 6.4% increase. Despite fluctuations, Canada continues to embrace families through the PGP, fostering a welcoming environment for immigration. Read more

• Most Canadians Support Temporary Foreign Workers. In a recent poll by Nanos Research, most Canadians express strong support for temporary foreign workers, recognizing their importance to the economy. The survey, conducted from December 17 to 29, 2029, reveals that 48% believe they are crucial, with 56% of those 55-plus agreeing. The study also shows widespread backing (79%) for employers hiring foreign workers to fill job gaps, particularly in the Atlantic region (61%) and Quebec (57%). Additionally, over two-thirds of Canadians endorse temporary workers becoming citizens or permanent residents, demonstrating a compassionate outlook. Read more

POLL OF THE WEEK

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NUMBERS TO KNOW

• Ontario Express Entry Draw: Province Issues 2,552 Skilled Trades Invitations Targeting 49 Jobs Read more

• Manitoba PNP Draw: Province Issues 423 Canada Immigration Invitations Read more

• British Columbia Issues At Least 194 Canada Immigration Invitations In New PNP Draw

FEATURED PODCAST

In today's episode of “My Great Canada”, we dive into the latest buzz in Canadian immigration. First up, Canadian immigration is considering placing a cap on international students which is stirring conversation amidst housing affordability concerns. Plus, we'll explore the economic forecast, dissecting how provinces are navigating unexpected challenges.

FEATURED VIDEO