Real Estate Report

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January 17, 2023

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The non-Canadian residential property purchase prohibition: 3 primary areas of concern

David Tang, Mackenzie Laforet

Many readers are already aware that the Canadian government has banned, as of January 1, 2023, the purchase of residential property in Canada by non-Canadians. The Prohibition on the Purchase of Residential Property by Non-Canadians Act (the “Act”)[1] itself dates...

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