What next for Canada’s foreign buyer ban?

Foreign nationals have been blocked from buying homes in Canada since January 2023, but unless the government takes action the policy will expire this coming January 2027.The ban means people living overseas cannot buy residential property. It also extends to foreign companies, as well as Canadian private companies where more than 10% is foreign-owned. It was first introduced by the Justin Trudeau-led government with the remit to help ‘stabilize’ the housing market.While the ban was