Global Trade Alert
Global Trade Alert

Canada: Prohibition on the Purchase of Residential Property by Non-Canadians Act

Announcement

22 Jun 2022

In June 2022, the Prohibition on the Purchase of Residential Property by Non-Canadians Act received Royal Assent, prohibiting non-Canadian nationals, including commercial entities, from purchasing residential property in Canada.

Source

Sign in to access

Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jan 2023

Revocation date:

01 Jan 2027

Updated: 22 Jun 2022
FDI: Entry and ownership rule In force
On 23 June 2022, the Prohibition on the Purchase of Residential Property by Non-Canadians Act received Royal Assent. The Act forbids the purchase of residential property in Canada by non-Canadian nati...
Sign in to see more

Threads

See all

This state act is not part of any Thread yet.