Canada is an excellent place to retire, being ranked as the twenty-second best country in the world for those seeking a good life. The nation’s open immigration policies were identified as one of its greatest strengths; however, Canada has relatively high costs regarding eating out and housing – making this a potential pitfall. Those looking to Canada as a potential retirement location and with children or grandchildren who are already Canadian citizens should take special note of the Parents and Grandparents Program (PGP), which allows them to sponsor their loved ones for permanent residence.