Canada and Australia race to the bottom for international students

Advertisement

Before COVID hit, Australia had by far the highest concentration of international students in the world at around 3 times the concentration as the United Kingdom’s and Canada’s, and six times the United Sates’:

Top 10 destinations for international students

Canada significantly increased its permanent migration intake through the pandemic to provide greater certainty to temporary migrants already onshore and send strong signals to prospective future migrants offshore:

Canada immigration
Advertisement

A significant share of these places are to be filled by international students, where Canada has loosened eligibility requirements to gain permanent residency:

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.