The increased fees for international students in Canada will have a negative effect on many Indian students who wish to pursue higher education in Canada. According to the news search results from my tool, the minimum income required for study permit applicants will be raised by 100% starting from January 1, 2024. This means that Indian students will have to show proof of funds of about $40,000 CAD per year, which is equivalent to about 2.2 million INR. This is a huge amount for many Indian families, especially considering the exchange rate and the inflation in India.
The increased fees will also affect the quality of education and the opportunities for Indian students in Canada. According to the web search results from my tool, international students pay higher tuition fees than domestic students, and they contributed about 40% of all tuition fees, or $4 billion CAD across Canadian universities in the 2018 academic session. However, many international students feel that they are not getting the same level of support, services, and outcomes as domestic students. They also face challenges such as discrimination, isolation, and mental health issues. The increased fees will only exacerbate these problems and make it harder for Indian students to access and afford a Canadian education.
Therefore, the increased fees for international students in Canada will have a detrimental effect on many Indian students who aspire to study in Canada. They will face more financial barriers, more stress, and less satisfaction with their educational experience. I hope this answers your question.