With the stated goal of targeting institutional “bad actors” — and amid concern about the impact growing numbers of international students are having on the housing market — Immigration Minister Marc Miller announced on Monday that the federal government will cap the number for student visas to be granted over the next two years.
For 2024, the federal government says it will approve 360,000 undergraduate study permits, with the aim of reducing the number by 35 per cent from 2023.
Each province and territory will be allotted a portion of the total, with permits distributed by population. The federal government says this will result