Long story short, I am a master's graduate it statistics, and I recently applied to enrol in a local two-year college program to land a job in my rural hometown (I prefer to have a career in my rural town than in a bigger city, due to personal health and other circumstances). The admission secretary at the local two-year college saw my educational credentials and forwarded my transcripts to the dean of the two-year college's university transfer program. The dean called me on my cell and wanted to interview me for a part-time instructor position. I passed the interview and I will be start teaching introductory university math/stat courses at the two-year college in near future.
As a person who is just starting out in the two-year college teaching career, I am wondering whether the fact that I only have a master's degree in statistics and not Ph.D. would later prevent me from becoming a permanent full-time faculty at this two-year college. The dean of the university transfer program has a Ph.D. in medicine, and I see some other faculty members who have Ph.D. in their teaching disciplines. Primarily, this college offers two-year programs in trades, social work, and nursing, and this college does not offer any bachelor's degree program (although they do offer a transfer program to 4-year university).
Do two-year rural colleges like this promote instructors with a master's degree to a permanent full-time faculty if they teach well? or does such a promotion typically only restricted to instructors with Ph.D.? I am located in Canada.