Canada’s Minister of International Trade and Minister for the Asia-Pacific Gateway, Ed Fast, released a report showing that international students contributed more than CDN $8 billion to the Canadian economy in 2010, up from $6.5 billion in 2008.“The Harper government is committed to continuing to attract the best and brightest students to Canada,” said Minister Fast. “This study reaffirms our government’s commitment to international education. That is one of the reasons we are committed to refreshing our government’s Global Commerce Strategy and to developing a comprehensive plan to entrench educational links between Canada and international institutions for Canada’s long-term prosperity.”
The report found there were 218,000 full-time international students in Canada in 2010, up from 178,000 in 2008 and more than double the number of students in 1999. It estimated that international students supported 86,000 jobs and contributed $445 million in tax revenue.
“I am delighted that Canada is a destination that is growing in attraction for international students,” said Minister Fast while visiting the University of British Columbia. “The presence of international students and researchers taking advantage of Canada’s world-class facilities creates jobs and economic growth and contributes to our people-to-people ties with other countries,” such as China, France, India, Saudi Arabia, South Korea and the United States.
“Outstanding international students and researchers not only enrich our campuses but make Canada more competitive by sharing knowledge and expertise both during their time at university and afterwards,” said Stephen Toope, President and Vice-Chancellor of the University of British Columbia.
A commitment to refresh Canada’s Global Commerce Strategy was announced in Economic Action Plan 2012. A more powerful international education strategy will help strengthen Canada’s engagement with emerging economies and ensure greater collaboration between Canada and institutions while boosting this country’s economic prosperity.
International news agencies, such as AFP, highlighted one of the recommendations in the report: Canadian post-secondary institutions may want to stop charging foreign students higher tuition fees than Canadians pay.
“Canada’s educational expertise is a valuable export that can be measured in comparison to other goods and service exports,” the report noted. “International students can also become a valuable source of highly skilled labor to our economy at a time when the western world is facing potential labor shortages, especially among top talent.” The authors of the study pointed out that, “given the competition in the global international education market, educational policy makers may need to re-examine the practice of differential tuitions and fees.”
To learn more about these findings, visit Attracting the Best and Brightest Students to Canada on the website of Foreign Affairs and International Trade Canada. An analysis of China as Canada’s strategic educational partner can be found here.