Students Seeking Advanced Education in Vancouver

Canada is a destination of choice for students across the globe, and Vancouver and Toronto are where they want to be. Recent reports show Western education is in hot demand as developing countries strive for economic growth. While these countries benefit from receiving modern Western skills and academic training, the benefit for Canada is tremendous.

They’re coming from many countries:

Billions of Dollars in Direct Spending

Incoming students not only spend on tuition, accommodation and personal needs, they sometimes bring their families requiring further education services in Canadian schools. From buying cars to taking public transportation to buying clothing and computers, our foreign visitors are creating a good chunk of our national GDP. This benefits our real estate industry, goods production, tourism, and educational services sectors.  It may be yet another driver of the hot Vancouver real estate market.

The benefit many don’t speak of is the stronger business relations that will occur between their home country and ours. These students will act as business facilitators and cheerleaders for doing trade with Canadian companies. By educating them in our language and systems, we’re creating a stronger link between ourselves and the developing world. That’s important for our economic future.

A Study commissioned by Citizenship and Immigration Canada revealed some impressive financial details about foreign students coming to Canada for Western education training.

Here are some highlights of the research:

International student spending in 2010

  • • surpassed $7.7 billion,
  • • generated $445 million in government tax revenue
  • • created more than 80,000 jobs
  • • brought in $145 million from China and 214 million from South Korea

Find out more about training in Canada and a new development in Richmond, BC called the Global Education City.  Ask Joyce about this new real estate investment opportunity.

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CIBT Announcement

March 12th, 2013: CIBT Education Group Inc. (NYSE MKT: MBA and TSX: MBA) (“CIBT Group”) is pleased to announce that its newly formed division, Global Education Alliance (“GEA”), has entered into an agreement with Academy of Holy Angels (“AHA”)……GEC