Douglas Todd: Canadian real-estate market better for foreign investors than locals, admits housing secretary Canada is “a very safe market for foreign investment, but not a great market for Canadians looking for choices around housing,” admits Liberal MP responsible for housing.
Author of the article: Douglas Todd
Publishing date: Apr 15, 2021 • 3 hours ago • 5 minute read • “I really don’t know what to say when our federal government admits that it has made housing in Canada better for foreign investors than for Canadians. Who are they serving? Clearly not Canadians,” says real-estate analyst John Pasalis. (Photo Construction cranes in Vancouver). Photo by DARRYL DYCK /THE CANADIAN PRESS