Canada's ban on foreign homebuyers comes into effect on Jan. 1. Here's what to know

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Canada's ban on foreign homebuyers comes into effect on Jan. 1. Here's what to know

As of Jan. 1, 2023, foreign commercial enterprises and people will be prohibited to buy residential properties in Canada for two years in an attempt to cool the speculation that helped propel the country’s housing market to unprecedented highs over the …
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