January 2023

Canada's Foreign Buyers Ban Comes into Effect

Posted on Jan 04, 2023

Canada has closed its doors to foreign buyers.

The Prohibition on the Purchase of Residential Property by Non-Canadians Act officially came into effect January 1, 2023 and is set to last two years.

The act aims to deter foreign investors and wealthy corporations from purchasing residential properties including detached, semi-detached, town and row ho...

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