International students are increasingly setting their sights on Canada. The number of international students enrolled in postsecondary studies in Canada has surged in the past decade. It hit nearly 415K in 2016, up from 350K a year earlier and more than double the 180K recorded in 2007. Canada still absorbs a relatively small amount of global post-secondary students compared to the US, the UK and Australia. But the growth in international student enrollment in the country now outpaces that of other countries.
The influx of students from emerging-market economies suggests that the dividends from the government’s International Education Strategy are beginning to meaningfully materialize. With a goal of doubling the size of the international student base in Canada to more than 450K by 2022, the federal government’s plan has been an important driver behind the influx of foreign students. But it hasn’t been the only factor. A rising middle class in emerging markets, the prestige of Canadian education, the relative affordability of Canadian post-secondary education and stronger recruitment efforts abroad have all contributed to the influx of international students.
Over the long term, the key will be the country’s ability to retain talent, both international and domestic. Tapping into the talent produced by our institutions will be an important part of securing current and future prosperity.