Hi Leon,
I am working for last 3 years, I have savings of 20,000 CAD (myself) and 50,000 given by my parents. Plus I have bachelors from Malaysia and a MBA from Bangladesh.
The thing is, I am applying for student visa this june, if I get rejected, then I need to have a backup plan to stay with my girl.
I would really appreciate if you guys tell me a work flow that me and my gf should take, that would at least ensure us to be together, if I dont get student visa.
The sponsor does not need a job or any income to sponsor a spouse, so she can sponsor you while a student. But the visa officer will want to see how you two will support yourselves, so send in proof of any income or savings she has; proof of your education, job, income and savings; also, you said your parents are willing to sponsor her education, so get an affidavit stating that from them, and some proof of their income or savings.
If you apply for a student visa, are rejected, and then immediately marry a Canadian PR and apply through her, it will look suspicious - like you are trying any way possible to get into Canada. Leave some time between the applications.
Also, document your relationship with this girl very well - have phone proof (don't use cards, even though they are cheaper - get some phone method that provides evidence of the numbers called), Skype, emails, letters, proof of visits; etc. When you get married, document the preparations well, and I suggest you have a big, lavish ceremony with all relatives there.