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All-inclusive
When the rent includes all utilities and sometimes even internet.
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Bachelor Apartment
A small apartment with one main room that serves as both living room and bedroom, plus a separate bathroom. Also called a studio apartment.
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Bridging Program
A program designed to help internationally trained professionals meet Canadian standards in their field. These programs can include education, training, and work placements.
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Bursary
A type of grant, often given based on financial need rather than academic merit.
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Condo
Short for condominium. It’s an apartment that you can own, in a building with shared common areas.
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Credit History
A record of a person’s ability to repay debts and demonstrated responsibility in repaying debts. A good credit history is important for many aspects of financial life in Canada.
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First and Last
Some landlords ask for the first and last month’s rent when you move in.
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Furnished
An apartment that comes with basic furniture like a bed, couch, and table.
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Grant
Money given that does not need to be repaid. Grants are often based on financial need or merit.
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Hydro
This usually refers to electricity. When a listing says “hydro included,” it means you don’t pay extra for electricity.
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Lease
The legal agreement between you and your landlord. It usually lasts for 12 months.
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Loan
Money borrowed that must be repaid, usually with interest. The terms of repayment can vary widely between different loan programs.
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Protected Person
Someone who has been determined to be in need of protection or a convention refugee by the Immigration and Refugee Board of Canada. They can apply for permanent residence from within Canada.