How Much Money Do You Need to Go to Canada
Canada has become one of the most tempting destinations for nationals of different countries. So, if you are one of them, you should take note of how much money you need to save for your journey.
This article has made it easier for you to do so.
How Much Money You Need to Go to Canada
The amount of money that you need to go to Canada depends on several factors like flight fee, accommodation, feeding and many others that would be discussed in this article.
So let’s get started to see how much you need below;
- Procedures Before the Trip
An electronic travel authorization (eTA) is required to give access to those travelling by air. This document is valid for 5 years and allows you to enter the country several times.
The cost is CAD 7 (Canadian dollars), which you need to pay through a credit or debit card.
To apply, you must go to the Canadian government website and have your valid passport, an email and your card at hand. The portal will show you the boxes that you must fill in with your data, making the process easier.
In the end, you must print your receipt immediately since you will not be able to do it later or get a copy.
Keep in mind that registration and payment are individual, so if you plan to travel with someone else, even your family member, you must complete the application for each person.
Finally, wait a few minutes to receive your eTA via email, although there may be cases where it lasts a few days and you are asked for extra documentation.
Either way, it is best to do this whole process as the first step before buying your travel tickets.
- Transport
The most effective way to reach the northern giant is by plane. As we know, Canada is a country with a generally cold climate, so the season from July to August is the warmest and also the one with the highest tourist attendance.
On the other hand, the months from April to June and the period from mid-September to mid-October can be taken advantage of because demand decreases and prices are more accessible.
This is particularly reflected in the plane ticket. In the low season, the cost of the round trip to Canada is lower.
During the summer, the same flight increases.
Note that the price of the ticket depends on the country you are travelling from.
If you have a US visa, you can take advantage and make a stopover in the neighbouring country, a situation that allows you to find routes at a lower cost which saves about 50% compared to direct trips.
Within Canada, the cheapest way to travel is by bus.
The routes between the main cities have a variety of schedules due to high demand. Therefore, the total price of a one-way transfer between Toronto, Niagara Falls, Ottawa, Montreal and Quebec is around 150 CAD.
- Lodging
Hotels in Canada are quite expensive including the ones with shared rooms. The ones located in cities range between 70 and 80 Canadian dollars (CAD), while in tourist places, it reaches 100 CAD per night.
- Food
The average price of an established restaurant is 15 CAD, but the truth is that you can also find dishes from 7 CAD.
But if you walk around Toronto, you can take advantage of the diversity of cultures (and foods) that you can find there.
- Leisure
If you go on vacation you will want to know more than natural attractions such as Niagara. So it is convenient that you make a plan that includes tickets and tours.
The Toronto CityPASS is a great option to see the five best attractions in the city: CN Tower, Casa Loma, Royal Ontario Museum, Ripley’s Aquarium of Canada, Ontario Science Center or the Toronto Zoo.
The CityPASS is a great investment because it saves you money and time by avoiding long lines. You can buy the pass online.
If you also want to take a boat trip to Niagara Falls it will cost CAD 22.50. Do not forget that this budget does not include international traveller insurance or your plane tickets.
Conclusion
I believe that this article has given you an idea of how much you need to go to Canada. You should therefore share this article with your colleagues who might be interested.
You can also share your thoughts in the comment section below.
FAQs
What is the minimum amount of money required to move to Canada?
The amount of money you need depends on your immigration pathway and personal circumstances. For example, if you are applying through Express Entry, the Canadian government requires proof of settlement funds, which is usually around CAD 13,000 for a single applicant and increases with family size. Students and workers may need different amounts depending on tuition, job offers, and living arrangements.
How much money do international students need to study in Canada?
International students typically need funds to cover tuition fees and living expenses. Tuition can range from CAD 15,000 to CAD 35,000 per year depending on the program and school, while living costs may require at least CAD 10,000–CAD 15,000 annually for accommodation, food, transport, and personal expenses.
Do you need proof of funds when applying for a Canadian visa?
Yes, most Canadian visa categories require proof of funds to show that you can support yourself without relying on public assistance. This includes bank statements, sponsorship letters, scholarship documents, or financial guarantees, depending on the type of visa you are applying for.
How much money is needed for living expenses after arriving in Canada?
Living expenses vary by city and lifestyle, but on average, a single person may spend between CAD 1,200 and CAD 2,500 per month on rent, food, transportation, and utilities. Cities like Toronto and Vancouver are more expensive, while smaller cities and provinces tend to be more affordable.
Also Read: Duration it Takes For Canada Visa To Be Approved?
