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How Canada's cap on foreign students costs colleges Rs 8,000 cr loss

Business Standard LogoBusiness Standard7h ago

How Canada's cap on foreign students costs colleges Rs 8,000 cr loss - Business Standard

Quick Summary:

This policy change has drastically impacted Canadian colleges and universities, many of which have become heavily reliant on international students, particularly from India.

The Canadian federal government announced in September 2024 a reduction in international study permits by 10 per cent, setting a target of 437,000 permits for 2025 and 2026, down from 485,000 in 2024.

Estimated Total Loss: $998 million (approximately Rs 8,000 crore) to Canadian colleges and universities, excluding additional losses in provinces like British Columbia and other institutions not covered by Business Standard.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-24 @ 13:34:41 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1246 words

Reading Time: 7 minutes read

Sentences: 54 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25395436

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 291 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "How Canada's cap on foreign students costs colleges Rs 8,000 cr loss" was covered 7 hours ago by Business Standard, a news publisher based in India.

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  • URL: https://chronographically.beamstart.com/news/how-canadas-cap-on-foreign-17377063874989

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