Ontario colleges and universities have been hit with more than $4.6 billion in lost revenues amid the drastic cuts to international students, new post-secondary figures obtained by the Star show.
And with Ottawa just announcing even fewer foreign students for 2026, for universities alone the impact is expected to increase from the $2.1 billion blow they are already dealing with.
The new numbers have the province’s universities now warning they “cannot cut their way out of these growing fiscal challenges.”
Boo Hoo. The bill for greed and incompetence has come due.
