Originally Posted by christmasoompa

It's a heck of a lot cheaper than that, but sponsoring your parents to move to Canada would take much longer. You need to have at least 3 years worth of income from Canadian sources before you can apply to sponsor them, then add on the processing times for parental sponsorship, currently at 49 months for sponsor assessment and then add on the processing time for your visa office as well - Processing Times: Family Sponsorship

So just a heads up that if you want to sponsor your parents for PR, they won't be moving for at least a decade going on current processing times. They could look at a Supervisa as mentioned above, that would give them up to 2 years as temporary residents, or they would need to look at other routes to PR if they wanted to move sooner to see if they could apply independently.

HTH, good luck.

Originally Posted by Tirytory

That's what I was getting at but didn't know the specifics. Op would be at least 4 years before even being able to start to sponsor parents whereas at least in Australia you must be good to sponsor now I assume anyway..