Foreign Buyers Ban - What it means n 2024
Posted on Sep 05, 2024
On January 1, 2023, Canada implemented the Prohibition on the Purchase of Residential Property by Non-Canadians Act, commonly referred to as the Foreign Buyers Ban. This legislation is designed to limit the purchase of residential properties by non-Canadian buyers and was to be in place for two years, until 2025. It has now been extended to 2027.De...