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Not $10,000, Canada To Demand Proof Of Funds For $20,635 From International Students
Canada study permit: Canada's Immigration Minister Marc Miller announced a significant hike in financial requirements for study permit applicants. He unveiled plans to double the financial criteria for prospective international students to $20,635, up from the existing $10,000 mark.
Updated Dec 8, 2023 , 02:21 PM IST
Canada's Immigration Minister Marc Miller announced plans to double the financial criteria for prospective international students to 20,635.
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Canada study permit: In a decisive move to tighten regulations around international student programs, Canada's Immigration Minister Marc Miller announced a significant hike in financial requirements for study permit applicants, ANI reported, citing CBC.
Addressing a news conference, Miller unveiled plans to double the financial criteria for prospective international students to $20,635, up from the existing $10,000 mark. This measure, which will be annually adjusted in line with Statistics Canada's living cost benchmarks, aims to ensure students can comfortably cover their living, travel, and tuition expenses.
The minister also extended the temporary suspension of the 20-hour work limit for international students until April 30, 2024. This extension is part of a broader strategy to protect students from exploitation and ensure they have adequate financial resources.
Miller highlighted instances of educational institutions functioning as "diploma mills," churning out qualifications without providing a legitimate learning experience. He warned of stricter visa regulations if provinces and educational establishments do not address these concerns before the fall term.
"We could potentially miss the mark. Provinces have a number of tools at their disposal, namely the regulation of the designated learning institutions, that in some cases just need to be shut down," Miller stated, emphasising the need for responsible management of international student admissions, particularly in the context of housing availability.
Further, Miller stressed the need for collaborative action with provincial governments, noting that the federal government is prepared to take unilateral steps if necessary. "Enough is enough. If provinces and territories cannot do this, we will do it for them, and they will not like the bluntness of the instruments that we use," he remarked.
The move comes amid concerns over international students struggling to find suitable housing and being vulnerable to exploitative employment situations. Miller underscored the government's dedication to safeguarding these students from such vulnerabilities. Discussions with provinces are ongoing to explore regulatory measures, including the potential closure of non-compliant educational institutions.
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