Business leaders in B.C.香蕉视频直播檚 capital city say the new cap on international student visas requires a serious rethink.

The federal government香蕉视频直播檚 recent decision to temporarily slash visas by more than one-third came amid concerns a stark rise in international student numbers is putting pressure on Canada香蕉视频直播檚 housing system.

But Greater Victoria Chamber of Commerce CEO Bruce Williams argues there are other ways to deal with the housing crisis that don香蕉视频直播檛 include a cap.

香蕉视频直播淲e think that the better solution is to build more housing on campus,香蕉视频直播� Williams said in an interview.

He pointed to Camosun College having no student housing while the University of Victoria has a multitude of residence options.

香蕉视频直播淯niversities are allowed to carry debt and incur debt for things like housing, but community colleges are not,香蕉视频直播� Williams said. 香蕉视频直播淪o that needs to be examined.香蕉视频直播�

The chamber said in January it was following up on concerns expressed by local post-secondary schools facing a serious and unanticipated financial burden from the international student program cap.

The University of Victoria is planning budget cuts for the 2024/2025 school year and it cited the decreasing international student enrolment as the primary cause. Four per cent of the university香蕉视频直播檚 operating budget could be axed, which amounts to about $13 million.

Although the budget has been announced, UVic said 香蕉视频直播渋t is too early香蕉视频直播� to determine what areas will be impacted by the cuts.

Ultimately, Williams香蕉视频直播� biggest concern is the long-term impact on Canada香蕉视频直播檚 economy.

香蕉视频直播淭he problem with this is that we need to create a workforce and post secondaries create the skills to create a workforce,香蕉视频直播� he said. 香蕉视频直播淲e have a huge demand for workers right now and immigrants, which includes international students, (the feds have) taken that all away.香蕉视频直播�

The federal cap also aims to crack down on post-secondary intuitions that collect high fees from international students and offer a poor education in return. Those schools garnered harsh words from federal Immigration Minister Marc Miller during his January announcement.

香蕉视频直播淚t is not the intention of this program to have sham commerce degrees or business degrees that are sitting on top of a massage parlour that someone doesn香蕉视频直播檛 even go to and then they come into the province and drive an Uber,香蕉视频直播� Miller said.

The cap is also being allocated based on each province香蕉视频直播檚 population. That provision strives to make it so jurisdictions like B.C. and Ontario don香蕉视频直播檛 get to accept more students than they can handle while smaller provinces end up with enrolment shortages.

Williams suggested that intuitions should be audited to keep them in check.

香蕉视频直播淭here are colleges in Canada that have an inordinate number of international students, which is a major source of revenue for them, which also means that these visas are going to them and they香蕉视频直播檙e now being evenly distributed across the country.香蕉视频直播�

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