Government extends ban on foreign buying of Canadian housing

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Some foreign nationals will continue to be banned from buying Canadian housing, as the federal government extends the expiration of the program until 2027.

Ban was first put in place in 2022

CBC News · Posted: Feb 04, 2024 11:22 AM EST | Last Updated: 12 minutes ago

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The government is extending an existing ban on foreign home purchasing in Canada, with the measure now set to expire at the beginning of 2027. (Laura Meader/CBC)

The federal government is extending its ban on foreign home purchasing in Canada, Finance Minister Chrystia Freeland announced in a release Sunday.

The rule,

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