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.

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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

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