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international-students-are-leaving-canada

International Students Are Leaving Canada: An Economic Challenge Hovering Over the Country

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October 10, 2023

  • The unstable political situation and economic slowdown are concerning issues for the Canadian government.
  • International students are facing unemployment in Canada.
  • The housing crisis is raising the pain of accommodating new immigrants.

Canada was a peaceful and highly recommended country in terms of living index and migration. However, the scenarios are changing in Maple Country, where the government is lacking in several key points. Catering to potentially skilled individuals is getting tough for Canada since it accused the Indian government of the assassination of a Khalistani separatist leader. This sparked a rage of a diplomatic stretch between the two nations that triggered tension. Further, the Indian government took strict action by suspending visa approval for any Canadian citizen. Even the Indian government issued an advisory note for Indian citizens and students living in or willing to visit Canada.

Why International Students are Leaving Canada?

Canada is opening its doors to a whopping 750,000 international students this year, and more than half of them are coming from India. This is a big deal for Canada because it’s a nearly CAD$30 billion business.

But here’s the catch: this large number of students is causing some problems. People are saying that it is making things too expensive, and there is not enough housing to accommodate them. It is getting tough for regular folks to afford homes, and it is making Canada’s money situation more complicated.

As Canada tries to deal with rising prices by making loans more expensive, there is also a growing issue with unemployment because of all the new people coming in. It’s not just international students; it’s also hundreds of thousands of new permanent residents and folks with temporary visas.

Experts are saying that if Canada doesn’t slow down on letting so many people in, the support for immigration in the country might start to waver. A report from TD Economics warns that “continuing with a high-growth immigration strategy could widen the housing crisis by about half a million units within just two years.”

Unemployment Is Hitting Hard

The once-promising dream of studying in Canada for international students has taken an unexpected turn as they grapple with a scarcity of job opportunities and financial hardships. As a result, a growing number of international students are bidding farewell to the country, leaving behind a negative impression on the international stage.

For years, Canada has been a preferred destination for international students due to its reputation for providing high-quality education and the prospect of working part-time to support their studies. However, the reality for many of these students has transformed into a daunting nightmare.

In recent times, the issue of international students struggling to secure full-time employment has gained prominence. More alarmingly, even part-time job opportunities have become increasingly elusive for these students, making it challenging for them to cover their regular expenses.

The international community is taking notice of the difficulties faced by students who had once chosen Canada as their educational and career pathway. This unfavorable situation has prompted many international students to reconsider their future in Canada.

Conclusion

The rising cost of living in Canada has become a growing concern, with Federal Housing Minister Sean Fraser pointing to the influx of international students as a contributing factor.

Finance Minister Chrystia Freeland has warned that “an affordable housing crisis that is hurting the Canadian government’s popularity will take years to resolve, even if construction hits an 80-year high.”

These statements from the current Canadian government clearly highlight how tough the situation is. Hence, international students are leaving Canada.

ALSO READ: 10 Soft Skills for Students for Personal and Professional Growth (First one is very important!)

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