Canada Plans To Curb Housing Crisis With Cap On International Students: What It Means
The housing crisis, fueled by an influx of migrants and international students, has led to increased demand for homes amid slowed construction due to inflation.
Canada is considering imposing restrictions on the number of international students allowed to reside in the country, according to Immigration Minister Marc Miller in response to a CTV report.
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Housing crisis and the solution
The government is facing criticism over a housing affordability crisis, with Miller suggesting a potential cap on international students in the first and second quarters of this year.
The housing crisis, fueled by an influx of migrants and international students, has led to increased demand for homes amid slowed construction due to inflation.
Miller voiced concerns about the rising number of international students, describing the current system as "out of control." While the exact extent of the reduction is not specified, Miller intends to discuss the issue with provincial counterparts.
Canada popular destination for international students
Canada, relying on immigration to boost its economy and support an aging population, has become a popular destination for international students due to its relatively accessible work permit process.
The Liberal government had previously floated the idea of capping foreign student visas in August, pending a final decision. These discussions come amid declining popularity for Trudeau's Liberals, facing criticism for inadequate management of the housing problem, with opposition Conservatives led by Pierre Poilievre gaining ground in polls.
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The numbers
Official figures indicate that there were over 8,00,000 foreign students in Canada with active visas in 2022, a significant increase from 2,75,000 in 2012.
Recent revelations from The Canadian Press, based on internal documents obtained through an access to information request, reveal that public servants warned the federal government two years ago about the potential impact of ambitious immigration goals on housing affordability.
The Liberals have set targets to welcome 4,85,000 immigrants this year and aim for 5,00,000 in both 2025 and 2026.
The influx of temporary residents, primarily international students and migrant workers, has further contributed to the housing situation, with over 3,00,000 arriving in Canada during the third quarter of the previous year.
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