by Jordana Springgay | Mar 2, 2023 | News
Canada’s foreign homebuyer ban may have unintended consequences that could harm the real estate market and beyond, warns Benjamin Tal, managing director and deputy chief economist for CIBC Capital Markets Inc. The “Prohibition on the Purchase of...
by Jordana Springgay | Dec 22, 2022 | News
QUICK HITS The Canadian government has released regulations ahead of a ban on non-Canadians buying residential property, which is set to take effect on Jan. 1, 2023. The regulations outline exemptions for temporary residents who meet certain requirements,...
by Mario Toneguzzi | Dec 5, 2022 | News
Beginning in the new year, non-Canadians will be subject to a two-year ban on purchasing homes in Canada. Many have said it wouldn’t impact the real estate market as foreign buyers represent a small number of annual transactions. But the impact could be severe...
by Yousaf Iqbal | Nov 18, 2022 | Guest Columns
Canada’s new foreign buyer ban will take effect on Jan. 1, 2023, with a whisper rather than a bang. Like most experts, at IQI Canada we believe the ban will have only a small effect on transaction volume. When it comes to price trends, the impact will be almost...
