SMU, Acadia anticipate decreased revenue due to international student permit changes


Saint Mary’s University and Acadia University anticipate that the changes made to international student permits will substantially decrease their revenue in the future. CBC reports that SMU’s applicant pool has been depleted and that it expects a decline in revenue of between $5M and $6M. Acadia VP of Student Experience Scott Duguay said that the changes will cost Acadia between $3M and $6M in its first year alone, adding that a decrease in enrolment has a four-year impact. CBC says that the Atlantic School of Theology, Dalhousie University, Mount Saint Vincent University, Nova Scotia Community College, St Francis Xavier University, and the University of King’s College have indicated that they were not anticipating as much of a financial impact.