For all international students, you will be required to have student health insurance. Medical insurance may be purchased before you arrive in Canada but is often cheaper when bought apart of your normal health coverage.
Details on accommodations
Cost of living
The cost of living (food, etc) varies wildly depending on the lifestyle of the student. Rock bottom would be about $150/month and the highest would be $1000/month. Average is around $250/month for expenses.
Students live on the airport property and can walk to school. When students need essentials they can rent one of the student cars. Students must demonstrate their driving ability before renting the car.