Canada to ban foreigners from buying homes as prices soar
Brian Platt and Ari Altstedter
Ottawa | Canada will ban most foreigners from buying homes for two years and provide billions of dollars to spur construction activity in an attempt to cool off a surging real-estate market.
The measures will be contained in Finance Minister Chrystia Freeland’s budget on Thursday (Friday AEST), according to a person familiar with the matter, asking not to be named because the matter is private.
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