Why Canada Is Banning Foreigners From Buying Homes

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Why Canada Is Banning Foreigners From Buying Homes

Economics Explained

01 May 2024

Canada is banning foreign investors from buying homes for two years to address the pandemic-induced surge in home prices. Economists warn it could have long-term effects on the economy if not managed well. Other economies are closely watching Canada to see if the move pays off. Learn more about your ad choices. Visit megaphone.fm/adchoices