For those of you living in and around Toronto, you are in luck. There is a way that you can get to Europe for under $350 round trip. As a added bonus you can even get to check out a pretty cool and exotic destination on the way. To get this pricing you need 3 things: be creative, be adventurous, and not mind flying low cost airlines. SATA airline which is the flagship airline of the Azores Islands currently has flights from Toronto to Ponta Delgada for $255 round trip. Piece that together with a flight on Ryan Air for $67 round trip to Lisbon or Porto, Portugal or a $130 flight to London Stansted and you have yourself a deal. Of course, you need to be flexible and creative with your dates to find a combo of flights that will work at that price.
SATA also has good deals from Boston to Ponta Delgada as well.