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Canada bans foreigners from buying homes

As of January 1st, Canada enacted a wide-ranging ban on the purchase of residential property by non-Canadians for two years. It’s all with a view to tackling surging house prices in the country, but what does this policy hope to achieve? And how...

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17.55 4 Jan 2023


Canada bans foreigners from buying homes


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Share this article

17.55 4 Jan 2023


As of January 1st, Canada enacted a wide-ranging ban on the purchase of residential property by non-Canadians for two years. It’s all with a view to tackling surging house prices in the country, but what does this policy hope to achieve? And how exactly does it work?

Kieran was joined by May Warren, Housing Reporter with The Toronto Star to discuss…


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