Source: Conference Board of Canada via Academica
Canada must encourage more international students to stay and work in the country if it wants to make the most of their economic potential, according to a new report from the Conference Board of Canada. The report highlights how international students generate up to $10B annually in economic activity and account for 11% of total postsecondary enrolments in Canada. The report argues that Canada would benefit economically by changing immigration policy to help more international students work in the country after graduation. “International students generate billions of dollars of economic activity at Canadian Post-Secondary institutions and in the surrounding communities. They also provide considerable social and cultural value to Canada,” said Conference Board Vice-President, Industry and Business Strategy Michael Bloom. “On the other hand, the great majority of international students do not stay in Canada after their studies and hence do not employ their skills and expertise in our economy.”