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.
I watched my local college lose all its credibility as a result of running borderline scams for foreign students. My old university otoh has been rather smart about not becoming too dependent on foriegn student tuition. I love immigration, and especially think exporting our education is a good thing, but the way these programs have been run in recent years is a cancer on these institutions and pure short term thinking. I'd rather see reform, but this is almost as good.