A UK master’s costs one year of tuition and one year of living expense, then two years on the Graduate Route. A Canadian two-year master’s costs twice the living expense but opens a three-year work permit and a shorter path to permanent residence.
Put the four-year picture side by side: total spend, expected earnings during study, and the value of the post-study window. For students planning to settle, Canada usually wins. For students returning home with a credential, the UK usually wins.
Currency risk matters more than people expect. A ten percent move against your home currency over two years can wipe out the saving from a cheaper tuition fee.
