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Why is Canada capping foreign students and who will be impacted? Canada on Monday announced a two-year cap on the intake of foreign students after explosive growth in recent years aggravated the country's housing shortage. Last year Canada issued nearly 1 million study permits, about three times that of a decade ago, according to government data. The new proposal will cut the intake by nearly a third. Here is how the new plans will work and what is at stake. read more