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Published 16 July 2024
According to new figures released by the Canadian government, international students contributed $30.9 billion to Canada's GDP in 2022.
2022 saw the highest number of long-term international students in Canada, following a decline in 2020 and 2021 due to COVID-19 travel restrictions. The report notes that the economic contributions of international students are on the rise, with overall spending doubling from $15.5 billion in 2016 to $37.3 billion in 2022—a 15.7% annual increase.
Ontario hosted the largest number of international students, with 432,272, making up over 51% of the total. British Columbia followed with 186,886 students. Conversely, with just 4,491 students, Prince Edward Island recorded the highest percentage increase in study permit holders since 2000.
India remains the top source of international students, with 319,130 study permits in 2022, a 47% increase from the previous year.
If you are interested in studying in Canada, arrange a free consultation with SI-Global today. Our friendly team will discuss your available study options and explore courses and institutions that benefit your career aspirations.
SI-Canada specializes in selecting the right Canadian university or college for international students by reviewing your academic background, discussing your career goals and helping you apply. Our application services can help you achieve your dream of studying in Canada.
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