New study permit cap a game changer for international students

How Canada's New Study Permit Cap is Changing the Game for International Students

📈 Rising Importance of Smaller Countries
This year, Canada set a limit on study permit applications. As a result, countries like Colombia, South Korea, Vietnam, Ghana, and Nepal have become more prominent sources of international students.

🥇Top Contributors Remain Strong
India, China, Nigeria, and the Philippines still lead as the main contributors. India is at the top, with 278,335 new permits issued last year.

📊 Changes in the Top 10
Countries like Iran, Vietnam, and South Korea have moved up in rankings. However, Mexico dropped out of the top 10, replaced by Colombia.

📉 Impact of Study Permit Cap
Canada's new limit on study permits aims to reduce housing pressure. This cap has decreased the number of new international students by 2.4% in the first five months of this year.

TRENDING NEWS

• In 2022, international students in Canada contributed $30.9 billion to the GDP, with their spending on tuition and living expenses making up 1.2% of the GDP. Canada plans to stabilize this growth by capping new study permits to maintain the integrity of the international student system. Read more

• Canada welcomed 210,865 new permanent residents by May 2024, aiming for 485,000 newcomers this year. The top sources are India (64,730), Philippines (14,360), and China (13,100). Many immigrants come through family sponsorship, skilled worker programs, and humanitarian efforts, contributing significantly to Canada’s diversity and growth. Read more

• Immigration lawyers and consultants in Alberta are worried about scammers targeting temporary foreign workers. These fraudsters pose as employers and charge unauthorized fees for Labour Market Impact Assessments (LMIA), which should be free for job applicants. The government and advocacy groups are working to combat this ongoing issue. Read more

• New immigrants in Canada are 39% more likely to consider moving to another province or leaving the country due to high housing costs, compared to 28% of other Canadians. Many newcomers, especially in big cities like Toronto and Vancouver, struggle with housing affordability and seek more affordable options elsewhere. Read more

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