Canada's international student cap could cost Ontario universities nearly $1 billion: COU
Federal limits on the number of international students permitted to study in Canada could cost Ontario schools close to $1 billion in lost revenue, the Council of Ontario Universities (COU) says.
In January, Immigration Minister Marc Miller announced Ottawa would reduce the number of international student permits issued in 2024 by 35 per cent as part of a temporary, two year program cap, amid a housing shortage and cost of living crisis.
Months later, in September, Miller said the cap was “here to stay” and would be lowered by another 10 per cent for 2025 and see 437,000 permits granted. The limit was also expanded to include master’s and doctoral students.
In 2022, more than 800,000 international students were issued temporary study visas.
Miller said the initial move would allow the federal government to address institutions and “bad actors” who were charging exorbitantly high tuition fees for international students. He also said that the measure would “maintain a sustainable level of temporary residence in Canada."
In a statement issued Friday, the COU said the cap, not including the recently announced changes in September, will result in financial losses for the 2024-2025 school year to the tune of $300 million. The group, which represents Ontario’s 20 publicly-funded universities, said those losses would double to more than $600 million the following year.
“While we recognize the federal government had to address the bad actors that recklessly increased international student enrolment without the necessary supports, this has resulted in significant collateral damage to universities, which will have untold implications for years to come,” COU President and CEO Steve Orsini wrote, noting that international students made up less than 20 per cent of all students at Ontario’s universities before the January announcement.
“It is critical that measures to reduce overall international student numbers target institutions that have seen irresponsible and unsustainable growth in recent years,” he added.
As such, the COU is calling on the federal government to “rebuild” Canada’s global reputation for attracting top talent and researchers, while also urging the province to prevent further cuts to international students.
“We will continue to work with government, industry and community partners to rebuild Canada’s global reputation to ensure we can attract the best and brightest from around the world to help build our economy,” Orsini said.
CTVNews.ca Top Stories
Cuba's power grid fails, plunging country into darkness
Cuba's national electrical grid shut down on Friday after one of the island's major power plants failed, Cuba's energy ministry said, plunging the entire country into a blackout.
Arrests made after gunshots fired at Toronto Jewish girls' school
A 20-year-old man and a 17-year-old boy are facing multiple charges after allegedly firing gunshots at a Jewish girls' school last weekend.
SaskPower receives largest workplace fine in province's history for 2020 deaths of employees in Weyburn
SaskPower was sentenced Friday morning in a Weyburn courtroom, receiving a record fine, after being found guilty of three workplace-safety related violations when two experienced employees were killed on the job in 2020.
Suspect charged in hand-scooping incident at B.C. frozen yogurt shop
Days after a man was recorded walking behind the counter at a frozen yogurt shop in Richmond, B.C., and scooping product with his hand, a suspect has been criminally charged.
Thousands of hybrid vehicles recalled in Canada over risk of fire
An increased risk of fire has prompted the recall of thousands of Honda hybrid vehicles in Canada.
Cabinet minister who is quitting voices confidence in Trudeau
One of four Canadian cabinet members who are stepping down said on Friday that he has confidence in Liberal Prime Minister Justin Trudeau, and he played down polls predicting the Liberals will badly lose in the next election.
Dog spotted hanging out on top of ancient pyramid in Egypt
While flying over Egypt’s famous Great Pyramids at sunrise earlier this week, US paraglider Marshall Mosher and fellow paragliders spotted the unexpected sight of a stray hound also taking in views around the summit of one of the ancient wonders.
Trump compares jailed U.S. Capitol rioters to Japanese internment during Second World War
Former U.S. president Donald Trump on Friday compared the people jailed on charges that they stormed the U.S. Capitol on Jan. 6, 2021, to the more than 120,000 people of Japanese origin incarcerated on U.S. soil during World War II.
Woman arrested after allegedly throwing a cup of bodily fluids at Saskatoon bus passengers, breaking window
A 29-year-old Saskatoon woman faces assault and mischief charges after allegedly throwing a cup of bodily fluids on two bus passengers and breaking a window on Thursday.