Not only is the quality of Canadian education amongst the best in the world, it is also one of the most cost-effective. The tuition fees, as well as the overall costs of living, are generally lower in Canada than in the United States, United Kingdom, and Australia.
According to a 2014 HSBC report, The Value of Education: Springboard for Success, the average cost (tuition and living expenses) of a university undergraduate education for an international student in Canada is approximately $30,000 USD per year. By comparison, the United States ($36,564 USD), Australia ($42,093 USD) and the United Kingdom ($35,045 USD) are all considerably higher.