Canadian study abroad boom

According to a research report released by the Canadian Bureau of Education, the total number of Canadian students studying abroad has reached 494,525 by the end of 2017, an increase of 20% over 2016. Compared to ten years ago, that is an increase of nearly two times. Due to the tightening of immigration and student policies in the United States and other countries, the number of Chinese students going to Canada has continued to increase, from 43,000 in 2007 to 141,000 in 2017. Among them, the proportion of international students who intend to stay in Canada for employment is as high as 70%, of which 49% hope to work in Canada permanently, and the other 21% hope to be able to work in Canada for at least 3 years before returning to their country.

Rising living expense costs

Along with the boom in studying abroad in Canada, the cost of studying abroad is also increasing. From 2017-18, the average undergraduate tuition for Canadian international students rose by 6.3%, and the tuition for graduate students rose by 5.4%. Popular tuition and science fees for business and engineering have increased by as much as 20%. International students studying at the University of British Columbia (UBC) need to pay nearly $140,000 Canadian dollars in tuition, to complete an undergraduate degree at Queen's University, they need to pay nearly $160,000 tuition, to complete an undergraduate course at the University of Toronto, they need to pay $22 hundred thousand Canadian dollars in tuition. Due to the surge in new immigrants and international students, Canada's overall housing rent has risen sharply. Take the city of Toronto as an example. The average apartment rent is as high as RMB 13,000, an increase of 13.5% compared to the same period last year.