Amid financial challenges faced by post-secondary schools due to a decline in international student numbers, the provincial government in British Columbia is taking proactive steps to address the situation. The Ministry of Post-Secondary Education and Future Skills in B.C. has initiated an independent review of the public post-secondary education system to ensure its accessibility, affordability, and sustainability.
The review aims to identify strategies to effectively manage both short-term and long-term financial hurdles within existing budgets. The decrease in international students, largely due to a federal-imposed cap, has significantly impacted the revenue streams of institutions, leading to layoffs and cost-cutting measures at schools like SFU, KPU, Langara College, and Vancouver Community College (VCC).
Minister Jessie Sunner highlighted the importance of stability and predictability in decisions regarding student visas and immigration, emphasizing the need for B.C.’s involvement in such dialogues. With the number of international study permits declining, post-secondary institutions are experiencing financial strain and depletion of resources. The reduced influx of international students, coupled with the federal government’s target to limit temporary residents, further compounds the financial challenges faced by schools.
VCC’s president, Frank Cosco, expressed concerns about the survival of institutions without additional support from the government. The review, spearheaded by former B.C. deputy minister Don Avison, aims to provide insights into addressing the financial woes plaguing the post-secondary education system. The report on the review outcomes is expected in March 2026.