Ottawa: The growing tensions and the major imbroglio between India and Canada have raised concerns amongst Indian students who are currently investing heavily on education in Canada.
As per industry estimates, this investment amounts to a staggering Rs 68,000 crore each year from Punjab only. Out of a total of 226,450 visas approved by Canada last year under the Refugees and Citizenship Canada (IRCC), approximately 1.36 lakh students hailed from Punjab. These students pursue different courses with an average duration of two to three years.
As per current data, around 3.4 lakh Punjab students are studying in various educational institutions across Canada. Based on the figures available, nearly 60% of Indians migrating to Canada are Punjabi, accounting for an estimated 1.36 lakh students who went last year. On average, each student pays approximately 17,000 Canadian dollars in annual fees, in addition to depositing 10,200 Canadian dollars as Guaranteed Investment Certificate (GIC) funds.
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