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Canada Shouldn’t Weaken the Foreign Buyer Ban

Canada Shouldn’t Weaken the Foreign Buyer Ban

By Riley Donovan
1 Min Read

Viewpoints

Opinion

Loosening the foreign buyer ban and ushering foreign capital back into the Canadian housing market would be a major step backwards.

Canada Shouldn’t Weaken the Foreign Buyer Ban

Real estate signage outside a home in Oakville, Ont., on May 11, 2024. The Canadian Press/Richard Buchan

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Commentary

In late December, Canada’s Housing Minister Gregor Robertson said in an interview that the federal government will keep the ban on non-Canadians buying houses for 2026—but may loosen the rules after that.

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