Why Canada’s PBSA sector is a great opportunity for investors
Canada’s popularity with international students has skyrocketed in recent years, and now it’s time for PBSA investors to enter the market. BONARD research examines data that shows why Canada is one of the most attractive countries to invest in.
When Canada set a goal in its 2014 International Education Strategy to host more than 450,000 international students by 2022, few would have imagined that goal would be surpassed five years early.
However, by the end of 2017 Canada was already hosting almost half a million study permit holders. Since then, its popularity has only continued to rise, with the total number of study permit holders in the country standing at over 800,000 in 2022, according to data from Immigration, Refugees and Citizenship Canada.
But great popularity inevitably brings with it certain logistical problems.
“When a country or a region is way behind in a sector and it starts waking up, there is an opportunity, and it’s not just for growth: it’s an opportunity to create something built on the experience of others, like Europe or Australia. It’s an opportunity to leapfrog ahead."
Full Report -
Key outcomes from the BONARD report - which included inputs from leading industry specialists – are publicly available.