The federal and provincial governments have been underfunding universities for decades. Recently, universities were able to start recruiting foreign students to make up for the shortfall, but it looks like that money tap will be turned down. It doesn't look like there's a plan to make up for it.
At the same time, the feds want to
recruit more than 1,000 top international researchers to Canada, with the budget injecting up to $1.7-billion into a suite of recruitment measures.
That'll be tough if universities see their income crater.
How much do they charge in your province? Tuition is very affordable here in Quebec
The absolute cost of tuition doesn't speak to whether the school is "gouging," which would imply excessive profit-taking with funds moving to private investors -- WHO DON'T EVEN EXIST IN THIS SCENARIO.
No school's tuition covers the actual cost for Canadian citizens. Every tuition is highly subsidized. If anything, we're gouging the schools, because they are not allowed to raise tuitions but their costs are going up while their revenue is dropping.
Ontario is just over $6K for most programs, $9K for engineering and B.Comm coops.
US, many times that.
That tracks, its a bit less here being ~5k for most programs
Unless its more than free that’s not affordable to most
It actually can be for many due to bursaries and very very easy to pay off loans. Few locals graduate with debt.
[citation required]
https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=3710003601&pickMembers%5B0%5D=1.6&pickMembers%5B1%5D=3.1&cubeTimeFrame.startYear=2000&cubeTimeFrame.endYear=2020&referencePeriods=20000101%2C20200101
The amounts are more than I expected but it doesn't breakdown by if the student is local, national, or international which matters. Figures however are not very high in terms of overall debt burden compared to the US and they are lower than the national figures
I don't know anyone who graduated without debt and I know several people struggling to deal with their student loans, which don't even go away with bankruptcy.
Are you here in Québec?