by Mario Toneguzzi | Jul 25, 2023 | News
The Canadian luxury real estate market has been experiencing a wave of challenges, particularly for high-profile professional athletes, executives, and global talent seeking to purchase homes in the country. Despite recent amendments to the country’s recently...
by Jordana Springgay | Mar 28, 2023 | News
Only months after it first took effect, the Canadian government announced amendments to the regulations surrounding the country’s foreign homebuyer ban. The Prohibition on the Purchase of Residential Property by Non-Canadians Act came into effect on Jan.1, as...
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...