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Prohibition on the Purchase of Residential Property by Non-Canadians


Blog by Frank Ingham | December 22nd, 2022


The Government of Canada has passed a new law preventing non-Canadians and corporations controlled by non-Canadians from purchasing residential property in Canada for two years. The regulations, however, include an exception for any residential property outside of a Census Metropolitan Area or Census Agglomeration as identified in Statistics Canada’s Standard Geographical Classification 2021. (click maps below)

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Pemberton and the Sunshine Coast are NOT affected as they are not classified as Census Metropolitan Areas or Agglomerations. Larger cities like Vancouver, Victoria, Kamloops, and Kelowna are affected.