Extension of the Foreign Buyer’s Ban

The Government of Canada has announced a two-year extension to an existing ban on foreign ownership of Canadian housing. The Prohibition on the Purchase of Residential Property by Non-Canadians Act (the Act) was set to expire at the end of 2024, it will now be extended to January 1, 2027.

For further information read here  https://www.jdsupra.com/legalnews/canada-extends-ban-on-foreign-home-7301260/

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