The Tyee: At Risk: BC’s Vital Foreign Student Industry
They spend $500 million a year here. Will they still?
Most of us don’t realize it, but one of B.C.’s most important exports is knowledge.
We don’t load it onto freighters or trucks. We load it into the heads of about 28,000 foreign students every year, who then take it back home to China or Korea or the U.S. Doing so is making us a fortune.
Our export industries are alarmed by the rise of the Canadian dollar. God knows what’s going to happen to the Vancouver film business, now that its members have to be paid in loonies costing more than U.S. greenbacks. American tourists, already discouraged by the need for a passport if they want to get back into the U.S., are likely to stay south of the border.
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