The Economic Impact of International Education in Canada
There is a growing demand for skilled talent in many career fields across Canada.
Educational institutions play a vital role in the labour supply market and economy.
SELC College is made up of two sectors with a language college and a career college.
The career college aims to build and guide international and domestic students into the workforce. SELC focuses on providing practical skills, knowledge and training that are then utilized in co-op-based situations.
This gives employers the opportunity to evaluate them as future employees. This type of education contributes to the workforce not only in British Columbia, but across Canada.
More and more international students are looking at Canada as a top education destination.
International students contributed about $22 billion to the Canadian economy in 2018. Each student that comes into the country is spending about $32,000 on average towards tuition and living expenses.
Patrick Dang, president of SELC College, says there are many fields that are in demand for these graduates.
Canada is seeing an aging population retire out of the workforce. 73.4% of the current workforce will be retiring in the next five to seven years.
Simultaneously there will be 26.6% of new jobs being created.
This means there are a variety of employment sectors that are crying out for employees and skilled labour.
Some of the in demand jobs and fields include Registered Nurses, Early Childhood Educators, Hospitality Services, Advertising and Marketing and Business Administration.
Dang says the availability of private education is very important because it creates an opportunity for graduates of these schools to contribute directly to the economy.
Check out the full video from CTV Morning Live to learn more.
CTVNews.ca Top Stories
B.C. tenants evicted for landlord's use after refusing large rent increase to take over neighbouring suite
Ashley Dickey and her mother rented part of the same Coquitlam duplex in three different decades under three different landlords.
Mountain guide dies after falling into a crevasse in Banff National Park
A man who fell into a crevasse while leading a backcountry ski group deep in the Canadian Rockies has died.
Expert warns of food consumption habits amid rising prices
A new survey by Dalhousie University's Agri-Food Analytics Lab asked Canadians about their food consumption habits amid rising prices.
MPP Sarah Jama asked to leave Ontario legislature for wearing keffiyeh
MPP Sarah Jama was asked to leave the Legislative Assembly of Ontario by House Speaker Ted Arnott on Thursday for wearing a keffiyeh, a garment which has been banned at Queen’s Park.
Charlie Woods, son of Tiger, shoots 81 in U.S. Open qualifier
Charlie Woods failed to advance in a U.S. Open local qualifying event Thursday, shooting a 9-over 81 at Legacy Golf & Tennis Club.
Ex-tabloid publisher testifies he scooped up possibly damaging tales to shield his old friend Trump
As Donald Trump was running for president in 2016, his old friend at the National Enquirer was scooping up potentially damaging stories about the candidate and paying out tens of thousands of dollars to keep them from the public eye.
Here's why provinces aren't following Saskatchewan's lead on the carbon tax home heating fight
After Prime Minister Justin Trudeau said the federal government would still send Canada Carbon Rebate cheques to Saskatchewan residents, despite Saskatchewan Premier Scott Moe's decision to stop collecting the carbon tax on natural gas or home heating, questions were raised about whether other provinces would follow suit. CTV News reached out across the country and here's what we found out.
Montreal actress calls Weinstein ruling 'discouraging' but not surprising
A Montreal actress, who has previously detailed incidents she had with disgraced Hollywood producer Harvey Weinstein, says a New York Court of Appeals decision overturning his 2020 rape conviction is 'discouraging' but not surprising.
Caleb Williams, Jayden Daniels and Drake Maye make it four NFL drafts with quarterbacks going 1-3
Caleb Williams is heading to the Windy City, aiming to become the franchise quarterback Chicago has sought for decades.