Budget 2025 Cuts International Student Permits by 65%, Reduces Immigration Funding

The Liberal government’s newly released budget is proposing several cuts to Immigration Refugees and Citizenship Canada (IRCC) to realize 15 percent savings over the next three fiscal years.
Tabled on Nov. 4, Prime Minister Mark Carney’s budget aims to implement a 65 percent reduction in the issuance of international student permits for 2026, alongside a 43 percent decrease in the number of temporary residents permitted entry into Canada.
The government previously green-lighted 305,900 foreign students annually from this year through to 2027, but under the new budget this will now be cut to 155,000 for next year and 150,000 in 2027 and 2028.
Canada plans to accept 385,000 temporary residents next year and 370,000 in each of the subsequent two years, a reduction from this year’s total of 673,650. However, 370,00 represents an increase from the Justin Trudeau-era permanent residence goal of 365,000 per year by 2027….