I've been reading this forum for quite a while and it has been very helpful. I would appreciate advice regarding my situation.

I graduated with a master's degree on April 27, 2007. My study permit/visa expires on August 10, 2007. I haven't found a job yet. I have two questions:

1. If if find a job towards the end of my 90-day period (for eg. July 20, 2007) and then apply for a work permit, what if my study permit expires while I'm still waiting to receive my work permit? Am I allowed to stay in Canada beyond August 10 in this scenario?

2. If I don't find a job within the 90-day period or before my study permit expires, what are my options other than packing my bags and leaving the country?

I would greatly appreciate any advice in this regard. Thank you.