W
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WENDY MCLEOD
CIPS CERTIFIED INTERNATIONAL PROPERTY SPECIALIST
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FOREIGN BUYER BAN EXTENDED

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FOREIGN BUYER BAN EXTENDED

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.

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