'40% decline in Canadian Study Permits': Factors that are leading to reverse migration in Punjab  upgarde

Apart from the diplomatic row, other domestic factors are contributing to a sharp decline in Indian Students opting to go to Trudeau-led countries and fulfill their Canadian Dream.

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Over the past many years, Punjab has become a hub where youths and students migrate to Canada in search of better education, jobs, lifestyle, and even higher pay. However, Canada has witnessed a massive decline in applications from India for Canada study permits ever since New Delhi & Ottawa have come at loggerheads over Hardeep Singh Nijjar's killing & so-called interference in Western Contry's election. Apart from the diplomatic row, other domestic factors are contributing to a sharp decline in Indian Students opting to go to Trudeau-led countries and fulfill their Canadian Dream. The waning Canadian dream has started reverse migration which means Indians especially Punjabis are opting to come back to their hometown and lead a much cheaper but quality life & peaceful life. Below are a few factors that are weakening the Canadian Dream of Indians especially Punjabis- 

 

1) Housing inflation in Canada

 

Among the top reasons why Canada is witnessing reverse migration is housing inflation. As per a Canadian media report, housing costs, which include mortgage interest and rent, are going to be the single biggest driver of inflation for the foreseeable future. Even the Canadia central bank acknowledged as much in its recent monetary policy report, saying "Shelter price inflation is high and is expected to put upward pressure on inflation for some time." There are a plethora of videos available on YouTube and social media websites where Punjabi students and youths can be seen addressing the issue and complaining that this was not the 'dreamy Canada' that they thought. 

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