Immigration, Refugees and Citizenship Canada has released provincial and territorial allocations for 2026 under the international student cap, setting a national target of 408,000 study permits—down 7% from 2025. The cap, which has successfully reduced the number of study permit holders from over 1 million to approximately 725,000 since its 2024 introduction, aims to lower Canada's temporary population to below 5% by 2027. As announced before, master's and doctoral students