'We could lose $40 million in revenue'
to international students in 2024—a 35 per cent reduction from 2023. The move is part of a two-year intake cap designed to stabilize the rapidly growing number of international students in the country. In response, leaders from many post-secondary institutions have warned that the Canadian economy depends on skilled international students for continued growth.
It wasn’t a surprise. In the months prior, he’d made several public statements outlining concerns about rising student numbers, as well as fraud within the system. I knew that, soon, fewer international students would enrol at Fleming College. The biggest question was how the changes would be rolled out..
Now, once a student has an offer and pays their tuition, the school must request an attestation letter from their province or territory. In our case, OCAS Application Services Inc., which manages attestation letters in Ontario, collects our requests and sends a list to Ontario’s Ministry of Colleges and Universities, which then approves or denies each request. Once that step is complete, OCAS generates attestation letters. Fleming then notifies students that they have been approved.
. Last year, Fleming held a big summit where community leaders discussed ways to revitalize the Peterborough region. Some international students who were in attendance shared that they wanted to build a life here to help create a flourishing community. There was a lot of excitement in the air. Now, international students aren’t confident that they have a future in Canada at all. Some are telling us that they.
To optimize higher education, the government should think along similar lines. Do all colleges need to provide business courses? Do we all need to provide communications courses? Probably not. If we take a serious look at our program offerings, maybe we can create a better balance between delivering the local community’s educational needs and creating institutions with in-demand specialties that will attract talent from across the world.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Millennium Trader Scored $40 Million Windfall in Egypt FX PlungeMillennium Management, one of the world’s biggest hedge funds, made tens of millions of dollars when Egypt allowed its currency to weaken after a successful bet by one of its senior traders, people familiar with the matter said.
Read more »
European Firms Worth $40 Billion Ready IPOs as Spring ApproachesAs European stocks notch up new records, companies worth a combined $40 billion are dusting off their listing plans in the hopes of tapping the markets as soon as the second quarter.
Read more »
Canada to give more than $40-million to help buy artillery shells for UkraineAmmunition supplies have become a critical issue for Ukraine in its third year of fighting against Russia’s invasion, descending into grinding artillery battles
Read more »
Aman New York Condo With Central Park View Listed at $40 MillionA condo at the swanky Aman New York is getting a public listing at $40 million — a 16% markup from its 2022 purchase price — testing buyers’ willingness to pay a premium for Central Park vistas and hotel-style perks.
Read more »
The $40 Billion Fund That’s Gambling With Europe’s Climate Goal(Bloomberg) -- A solar panel manufacturer that’s laying off workers. A battery maker that spurned Europe for American subsidies. A green hydrogen project...
Read more »
The $40 Billion Fund That’s Gambling With Europe’s Climate GoalThrough its Innovation Fund, the EU backs carbon-cutting projects it hopes to scale. At stake is whether the bloc can lower industrial emissions quickly without losing critical enterprises.
Read more »