Canada’s approval rate for new study permits has fallen significantly, risking the country’s ability to meet its reduced 2024 target. The decline, driven by policy changes and a sharp drop in Indian student applications, has seen approval rates fall to 50%.
Between January and April, over 152,000 permits were processed, with only 76,000 approved. New requirements, such as provincial attestation letters and increased proof-of-finances, have contributed to this decline. Processing times have also increased, causing backlogs.
ApplyBoard CEO Meti Basiri warns that without dramatic changes, Canada will likely miss its target by 10-15%. The economic impact could be severe, as international students contributed $30.9 billion to Canada’s GDP in 2022. Changes to post-graduation work permit rules are being considered to better align with labor market needs, but concerns for 2025 enrolment remain high.