Canada Extends Foreign Home Buyer Ban Until 2027
Thursday Feb 22nd, 2024
ShareIn a continued effort to keep Canadian homes in the hands of Canadians and our families, the government has extended the Prohibition on the Purchase of Residential Property by Non-Canadians Act until January 1st, 2027. The policy, which was initially instituted to increase the number of housing units available to Canadians for purchase, will now be in place for an additional two years. Initially, the home buyer ban was set to expire at the start of 2025. Under this extended... [read more]