Province says new report shows international students contribute $795 million to Atlantic economy
Government says international students studying at Atlantic universities and community colleges contribute $795 million per year to the Atlantic economy, according to a new report.
The report, the Economic Impact of Post-Secondary International Students in Atlantic Canada 2018, was prepared by Gardner-Pinfold for the Council of Atlantic Ministers of Education and Training.
It offers an update to a similar study conducted in 2010.
A news release from the province says during this time, international students in the region increased significantly, from 7,388 to 13,968, which is a 78 per cent increase, while the total economic impact also increased from $565 million to the $795 million per year.
The release says the program of study, the Canadian reputation, and the cost of education were major factors motivating international students to study in Atlantic Canada.