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International education boosts the economic growth of Manitoba

Manitoba economy

The international education sector is giving a major boost to Manitoba economy. The contribution of international education to Manitoba’s economy witnessed a 30 percent increase between 2015 and 2016, according to a report by the Manitoba Council for International Education. In 2016, the sector contributed $374 million to the economy of Manitoba.

The international student population of Manitoba constitutes 2.7 percent of the total international student population of Canada. During a span of eight years, the international student population of Manitoba grew from 4,873 in 2008 to 14,298 in 2016, meaning an increase of 300 percent.

International education’s contribution to Manitoba economy

The international students in Manitoba, who are 14,298 in number, spent around $375m in tuition, living expenses and tourism, meaning visiting friends and family, in 2016. International education also generates tax revenue for the government of Manitoba. In 2016, the Government of Manitoba received $69m in tax revenue from international education sector. In the same year, international education contributed $306,300,000 to Manitoba’s GDP. The amount has witnessed a six-fold increase compared to the year 2010.

The report suggests that by increasing the number of international students from 2.7% of the total in Canada to Manitoba’s proportionate share of 3.3%, the contribution to the economy from the sector can be increased to $458m, and tax revenues to $84m.

Immigration pathways for international students

Manitoba has launched two fast-track immigration pathways for international graduates from the post-secondary institutions in the province.  The International Student Entrepreneur Pathway and Graduate Internship Pathway under the International Education Stream of Manitoba give a golden opportunity to international students to settle in the province.

Are you interested in Canada education? We are here to help you choose the best study program and facilitate speediest student visa procedure. Get in touch with us for more information.

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