Foreign Buyer Ban
Authors: Nolan Degiacomo, Marc Laatu Date: August 13, 2024 INTRODUCTION The purchase of Canadian property by non-residents has become more complicated with the Prohibition on the Purchase of Residential Property by Non-Canadians Act (the “Act”), which came in force January 1, 2023. This bulletin summarizes some of the key issues facing Non-Canadians when purchasing Residential […]