Immigration, Refugees and Citizenship Canada formally implemented stringent new financial threshold regulations and enhanced document verification scrutiny on Tuesday for all foreign nationals seeking international student study permits for the 2026 academic year.
Under the revised statutory guidelines announced by Immigration Minister Marc Miller, the baseline cost-of-living financial requirement for a single student applicant was elevated to twenty-five thousand Canadian dollars, excluding first-year tuition costs and travel allowances. The federal department introduced automated real-time banking verification tools to intercept forged bank balance letters and fraudulent tuition transfer receipts, which had proliferated across unauthorized overseas immigration consultancies.
The policy overhaul forms part of a broader federal strategy to curb runaway international student enrollment, alleviate severe rental housing pressures in metropolitan centers, and protect scholars from deceptive private career colleges. Educational institutions must now issue verified provincial attestation letters confirming guaranteed student residential accommodation before visa applications can be processed.
International educational consultancies in India, which represents Canada’s largest source country for foreign scholars, warned that elevated financial thresholds will deter qualified middle-class applicants. Canadian university administrators, however, supported the measures as essential steps to restore program integrity and prevent student exploitation.
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https://www.jagranjosh.com/articles/school-assembly-news-headlines-september-8-2026-cbse-rti-answer-sheet-order-pm-modi-gujarat-visit-delhi-building-collapse-other-news-1800016285-1