In one of our articles from a couple of months ago, we had predicted that Canada would be one of the countries that will recover the fastest both from an economic standpoint as well as from a COVID standpoint. Study in Canada for Fall 2021 a good option? Yes, Read till end to find out why
Similar to our prediction of Germany’s recovery coming true as outlined in our last article, we are happy to report that Canada has also recovered strongly as we had predicted.
3 reasons why we believe that Canada is a great choice for Fall 2021 aspirants :
1. 86% reduction in daily new cases from the peak in May 2020
In a little over a month, Canada has shown an 86% drop in daily new cases from 2777 daily new cases on May 3rd, 2020 to around 376 daily new cases by June 11th, 2020. That is a significant drop in cases in a little over a month which is a really good sign of them being able to control the COVID spread.
They have been able to do this by significantly ramping up their testing infrastructure. They have conducted almost 2,113,924 tests and have been actively been practicing social distancing and quarantining.
Why is this important for Fall 2021 aspirants?
With still 14 months to go for Fall 2021, the significant progress made by Canada works very well for Fall 2021 aspirants. With daily new cases being less than 500 cases a day, coupled with a significant ramp-up of testing infrastructure, we expect them to be in a really good position by the time Fall 2021 starts.
2. Huge stimulus of $82 billion to stimulate the economy
Canada has announced a huge stimulus of $82 billion (almost 3.5 percent) of GDP to stimulate the economy. For a country with a much lesser population than India, this is a really large stimulus. They have also committed to put in more capital if required to stimulate the economy. They also announced this measure early (in March 2020) to get money into the hands of people and businesses early.
Why is this important for Fall 2021 aspirants?
Creating a large economic stimulus is the only way to kickstart the economy. Canada has taken that action early by making sure money reaches the hands of the people and businesses early. Their ability to significantly control daily new cases of COVID 19 plus a large economic stimulus is great for Fall 2021 students as they could expect the economy to be in full swing by the time they graduate from their program.
3. Toronto and Vancouver are fast becoming technology hubs with easy immigration policies
Canada has been successful in attracting good tech talent and companies in recent years largely driven by more stringent immigration norms in the US. While the US continues to have the largest number of technology jobs, the below are some positive trends that are happening in Canada :
- Toronto saw the biggest growth in technology jobs among North American cities in the last 5 years. While one cannot look at only the growth rate as Toronto has a smaller baseline in terms of the number of jobs compared to regions like the Bay area and New York City, the fast growth rate is definitely a positive indicator.
- A number of technology companies like Microsoft, Amazon, Salesforce, Oracle, and SAP have invested heavily in Vancouver as it is only a 3-4 hours drive from Seattle. We expect that this trend will continue to increase over the years.
Toronto and Vancouver are fast becoming the start-up hubs with increased investment funds and start-ups operating out of both these cities. 60 miles from Toronto is the University of Waterloo which is one of the top universities for technology graduates in Canada (often referred to as Canada’s MIT). Vancouver similarly boasts of several successful start-ups like Hootsuite (valued at over $1 billion), Slack (which started it’s IPO at a $23 billion valuation), and PlentyOfFish which was purchased for $575 Million.
Why is this important for Fall 2021 aspirants?
As a lot of prospects usually apply for STEM programs, the growth in technology jobs in Canada is a significant positive trend for Fall 2021 applicants. Keep in mind that the US still has the largest number of technology jobs available compared to any other country as it is the largest economy in the world.
Wondering which Canadian universities would be your best options? Find out now - at no charge!
Talk to a Counselor!Expect Increased competition and Start Early
Universities in Canada offering graduate degrees are 91% lesser in than the number of Universities offering graduate degrees in the US
If you are serious about applying to Canada for Fall 2021, we have a couple of words for you “Start now with your applications and do not waste time delaying your process. You need to differentiate yourself in your documentation (SOP etc) as competition will be more. Here a couple of statistics that will give you an idea of why competition will be more :
- As per Education USA, there are over 1000 universities in the USA that offer graduate degrees. As per QS ranking, there are around 90 universities in Canada that offer graduate degrees. So the number of universities in Canada offering graduate degrees is around 9% of the total number of universities in the US.
- But international applications are increasing in Canada! 3 years ago, universities like Waterloo saw an increase of 41% in the number of international applicants for graduate studies. University of Toronto similarly saw an increase of 20%. We again expect to see a big increase in applications for Fall 2021.
Fewer universities + Increased Applications = Greater competition
Canada is a great location for Fall 2021 aspirants but competition will be increasing. So, we highly recommend that you start working on your applications especially the documentation (Statement Of Purpose, etc) from now itself. Canada is a great location for Fall 2021 aspirants but competition will be increasing. Delaying starting your application work until you get your IELTS test scores is not a good idea. Start now and you will definitely reap the benefits.
Our Approach at Galvanize Test Prep
As mentioned, we had already predicted that Canada will be one of the countries that rebounds early from the COVID crisis. We also anticipated that there will be increased competition as international applications will increase.
At Galvanize Test Prep, we have already started working with our students who are interested in applying to Canada for Fall 2021 on various aspects of their application from shortlisting to documentation. For those who have not taken their IELTS as yet, we have started working on their documentation early to give them an edge over applicants.
If you are interested in applying to Canada for Fall 2021 and would like guidance on starting your process, reach out to us on WhatsApp for the quickest responses.
What will it take for you to get admits to the best universities in Canada? Find out now + get your very own action plan!
Talk to a Counselor!Other Useful Links:
- [Fall 2021] Why students worldwide are starting to prepare for the upcoming admission cycle NOW!
- [Winter 2021] 3 Reasons why Germany is a good destination for Winter 2021
- Complete COVID 19 Resource Page : Check it out now
- [Vocab App] Staying home? Good. Stay safe and continue learning for your ‘study-abroad’ tests with the free Galvanize Vocabulary Builder App!
- [GRE App] There’s a reason why we have over 100K+ downloads in our GRE preparation App! Check it out now
