Canada Has Temporarily Banned Foreigners From Buying Residential Properties to Keep Houses Affordable for Canadians
Canada Has Temporarily Banned Foreigners From Buying Residential Properties to Keep Houses Affordable for Canadians The Prohibition on the Purchase of Residential Property by Non-Canadians Act now prevents foreigners from buying residential property in Canada for two years. The ban went into effect on New Year’s Day after being approved by Parliament on June 23….