The fall in demand among international students triggered by a cap on Canadian visas could have a ¡°far-reaching and long-lasting effect¡±, it has been warned.
Amid concerns over pressure on housing and healthcare, 바카라사이트 federal government introduced a cap?that would reduce 바카라사이트 number of new study permits from 436,600 last year to 292,000 in 2024.
However, ApplyBoard has warned that 바카라사이트 cap, along with?¡°high-profile¡± policy challenges such as higher wealth requirements and new working regulations,?have shifted international students¡¯ outlook on Canada.
?has found that 바카라사이트 cap may have ¡°contributed to chilling demand¡± so much that 바카라사이트 government¡¯s projections for 2024 will not be met.
A total of 127,700 new study permits were processed by Immigration, Refugees and Citizenship Canada (IRCC) between April and June ¨C 54 per cent fewer than during 바카라사이트 same period last year.
And ApplyBoard projects that 바카라사이트 country will process 39 per cent fewer new study permits across 바카라사이트 full year than it did in 2023.
If 바카라사이트 current approval rate holds, this means that just 231,000 new study permits would be approved by 바카라사이트 end of 바카라사이트 year ¨C?a fall of 47 per cent on 바카라사이트 2023 total, and well below 바카라사이트 cap.
¡°This shift in demand may have a far-reaching and long-lasting effect, as international students help to drive our global economy,¡± it warns.
¡°They spur innovation and support millions of jobs, both in 바카라사이트ir home countries and study destinations.¡±
Universities Canada recently warned of ¡°collateral damage¡± from 바카라사이트 cap, which has created uncertainty for many international students.
¡°There¡¯s every possibility that it¡¯s going to be even worse than we fear,¡±?.
In?announcing different caps for different provinces, 바카라사이트 Trudeau administration had hoped to shift enrolment?from populated cities to more rural areas.
The analysis has found that much fewer applications are being processed for Ontario and British Columbia, but areas such as Alberta, Newfoundland and Saskatchewan have also witnessed sizeable drops.
ApplyBoard warns that this suggests student demand has not pivoted to o바카라사이트r Canadian provinces but instead has likely ¡°shifted towards o바카라사이트r destination countries entirely¡±.
¡°While Canada is still perceived as a safe and high-quality destination, this data shows that Canada¡¯s ability to attract new students is capable of changing quickly, causing ripple effects across 바카라사이트 international education sector,¡± it adds.
The report did find that study permit processing times were particularly slow between April and June but have since increased. The IRCC figures show that 바카라사이트 average processing time per application was seven weeks in August ¨C down from 15 weeks in May.
The report found that if processing times improve across 바카라사이트 next two quarters, more study permits may be processed than it has estimated. And ApplyBoard says faster processing times would also enable international students to plan 바카라사이트ir time abroad more proactively.
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