New Ban for Foreign Owners on Canadian Residential Properties

In the Federal budget on April 7, 2022, they announced a new ban on the purchase of any residential property by non-Canadians (Bill C-19), that should come in effect on January 1, 2023. This ban is for a duration of two calendar years and should end on December 31, 2024, with possibility of renewal. The […]

New Measure to Cool Real Estate Market

In the 2021 federal budget, the Minister of Finance announced a new tax law will be coming in effect on January 1, 2022, regarding vacant residential properties owned by foreigners.

How to Invest in a Canadian Property as a Non-Resident?

Are you a non-resident thinking of buying a Canadian property to either use it personally or to rent out and eventually sell at a profit? Know before you buy, rent or sell, to avoid surprises and maximize your investment.