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Global Education Communities Corp T.GEC

Alternate Symbol(s):  GECSF

Global Education Communities Corp. is a Canada-based education and student housing investment company. The Company is focused on the domestic and global education market. The Company operates business and language colleges, student-centric rental apartments, recruitment centers and corporate offices at 41 locations in Canada and abroad. Its education subsidiaries include Sprott Shaw College Corp., Sprott Shaw Language College, Vancouver International College Career Campus, and CIBT School of Business & Technology Corp. It offers over 150 educational programs in healthcare, business management, e-commerce, cyber-security, hotel management, emergency paramedic, and language training through these schools. It owns Global Education City Holdings Inc., an investment holding, and development company focused on education-related real estate. It also owns Global Education Alliance Inc. and Irix Design Group Inc. It serviced over 14,277 domestic and international students.


TSX:GEC - Post by User

Post by Dibah420on Mar 27, 2021 10:34am
197 Views
Post# 32892675

From The Star (Toronto)

From The Star (Toronto)

7:01 a.m.: Many international students have postponed or cancelled their plans to study in Canada since Ottawa decided last month to limit entry options to the country to just four airports and require international travellers to pay for a mandatory hotel quarantine.

Denise Amyot, the chief executive officer of Colleges and Institutes Canada, said a $2,000 hotel bill is the cost of half of a semester for many students.

“(They) don’t have that kind of means,” she said.

If a group of international students are heading to New Brunswick, for example, Amyot said they might arrive in Toronto, where they would go to a hotel for three days as part of a 14-day quarantine.

Then, because they will be moving to another province with its own rules, they will have to quarantine again for 14 days when they arrive in New Brunswick.

“This is nonsense. It just doesn’t make sense,” she said. “It means that for the spring and summer, we have a large number of deferrals.”

Amyot said the number of international students at Canadian colleges has declined by 20 to 30 per cent in the 2020-21 academic year compared to 2019-20.

“It has varied across the country, and we had larger declines in smaller cities and rural and remote areas.”

 
 
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