Canada has banned non-Canadians from buying houses to try to fix the country's wildly expensive housing crisis

Jan 4 2023 by Business Insider

 
A realtor's for sale sign stands outside a house that had been sold in Ottawa, Ontario, Canada, May 27, 2021.

Patrick Doyle/Reuters

As of January 1, many non-Canadians won't be allowed to buy homes in Canada. There are some exceptions to the rule, including for refugees and temporary work permit holders. It's intended to ease the housing crisis, as Canadian homes are some of the most expensive in the world.

Canada is banning many foreigners from buying homes in the country for at least 2...

Continue Reading Canada has banned non-Canadians from buying houses to try to fix the country's wildly expensive housing crisis