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Dentons - Canadian government enacts a two-year ban on purchases of residential real estate by non-Canadians

Canadians Starting January 1, 2023, non-Canadians will be prohibited from purchasing residential real estate in Canada for a period of two years under the newly enacted Prohibition on the Purchase of Residential Property by Non-Canadians Act (the Act).
Parliament On Starting January Residential Property Non Canadians Act Future Regulations Consultation Paper

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