I am going to Lakehead University next month to study MSc Management.
In terms of ranking, it's one of the above average universities, i.e. it's not mediocre by any standards but it's not world class either.
In terms of tuition fees, it's one of the cheapest in Ontario and even Canada. My course is 12 months and fees is just $17k. whereas most 8 months diploma courses cost u $12-14k easily.
In terms of location, it's situated in thunder bay which is a small town. But, if money isn't an issue for u then please choose a university situated in either Vancouver or Toronto, its not advisable for an international student to go to a small city to study.