Housing Minister Sean Fraser says post-secondary institutions will be able to apply for low-interest loans to build student housing starting this fall.
Public universities in Canada are nonprofit institutions and they don’t extort anyone for profit. Typically when you see them making money off housing or foreign students, it’s to cover budget shortfalls from stagnant or reduced government funding. That’s required to keep the legislated domestic fees low. The solution to these externalities begins with increasing government funding.
Public universities in Canada are nonprofit institutions and they don’t extort anyone for profit. Typically when you see them making money off housing or foreign students, it’s to cover budget shortfalls from stagnant or reduced government funding. That’s required to keep the legislated domestic fees low. The solution to these externalities begins with increasing government funding.