from buying homes in the country for at least 2 years, in an attempt to mitigate the country's soaring home prices.in 2021, went into effect on January 1. It prohibits buyers who are not Canadian citizens or permanent residents.
But there are a number of notable exceptions, including international students who have been in the country for at least 5 years, people who can claim refugee status, and temporary work permit holders. Canada has one of the most expensive housing markets in the world, above the US and the UK, according to aSince 2013, the cost of buying a home in the country has increased 48%, from an average price of 522,951 Canadian dollars to 777,200 Canadian dollars,
. Meanwhile, the median after-tax income of Canadians increased only 9.8% between 2015 and 2020, according to the BBC. "The desirability of Canadian homes is attracting profiteers, wealthy corporations, and foreign investors," Trudeau's
BISouthAfrica In SA such can never be done, instead foreigners have more houses that SA citizens ☺️☺️
BISouthAfrica We must follow this example
BISouthAfrica fantastic we should do that here in South africa asap
BISouthAfrica This is so late.
BISouthAfrica That is just the half off the truth news 24
BISouthAfrica While CityofCT is putting the city on foreign wholesale
BISouthAfrica MYANC....
This is discrimination
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