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HomeHigher EducationWorldwide college students enhance Canadian economic system by $31bn

Worldwide college students enhance Canadian economic system by $31bn


This equated to 1.2% of the nation’s GDP for the 12 months, in accordance with an replace on the financial impression of worldwide schooling in Canada over 2022 – launched by the Canadian authorities final week.

It’s estimated that worldwide college students spent roughly $37.3bn on “tuition, lodging, and discretionary gadgets”, the replace stated – even when accounting for Canadian scholarships and bursaries.

This spending supported the equal of 246,310 jobs in Canada, and in addition contributed a whopping $7.4bn price of tax income in 2022, the report by Roslyn Kunin and Associates confirmed.

The report, which covers long-term college students at faculties, faculties and universities and in addition short-term college students, notes that worldwide schooling “performs an essential function within the globalisation of [the Canadian] economic system permitting it to thrive in a fast-changing and aggressive surroundings”.

It reveals the variety of worldwide college students in Canada surged by a large 61% between 2016 – when there have been 523,971 worldwide college students – and 2022, when there have been 844,444.

Our evaluation clearly signifies that the contributions that worldwide college students make to Canada’s economic system are persevering with to develop

Roslyn Kunin and Associates

“The 12 months 2022 noticed the best ever variety of long-term college students in Canada, after a dip in 2020 and 2021 as a consequence of journey restrictions introduced on by the Covid-19 pandemic,” the report stated.

It continued: “Our evaluation clearly signifies that the contributions that worldwide college students make to Canada’s economic system are persevering with to develop. In keeping with an growing variety of worldwide college students, general spending greater than doubled between 2016 and 2022, from $15.5 billion to $37.3 billion, representing a rise of 15.7% per 12 months.”

Hottest examine locations

Canada was house to a complete of 844,444 worldwide college students in 2022, with the overwhelming majority of these (769,515) classed as long-term college students.

The variety of abroad college students within the nation has grown steadily, the report famous, with earlier iterations revealed in 2008, 2010, 2014, 2015 and 2016 all monitoring constant will increase.

Ontario housed by far the best variety of worldwide college students – 432,272, equating to over half (51%) of the whole variety of worldwide college students in Canada on the time.

This space of Canada was adopted by British Colombia, with a complete of 186,886 college students – making up 22% of the worldwide pupil inhabitants in 2022.

However whereas Prince Edward Island solely had 4,491 worldwide college students in 2022, the report famous that the world “recorded the best proportion enhance within the variety of examine allow holders – from 2000 to 2022, the proportion enhance has been over 1,800%”.

In the meantime, Nunavut and the Northwestern Territories have been the least well-liked locations for worldwide college students in 2022, counting 5 and 35 college students respectively.

What’s driving this?

In response to the report, India is Canada’s high sending nation, with 319,130 examine allow holders in 2022 – up a formidable 47% 12 months on 12 months.

India was adopted by the Philippines, with 32,455 examine allow holders, marking an enormous 112% enhance between 2021 and 2022.

Subsequent got here Hong Kong, Nigeria and Colombia, up 73%, 60% and 54% on examine allow holders 12 months on 12 months respectively.

Nonetheless, these figures might be set to alter, with a sharp drop in examine permits famous in March 2024 simply months after Canada imposed a examine allow cap on worldwide college students.

In the meantime, new information confirmed that African college students are “persistently” displaying as much less more likely to have their visas authorised than their international friends.

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