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Mmastodon WorldPolitics first seen 1 d ago, last 1 d ago, peak #6

Ottawa weighs options as foreign home buyer ban nears expiry

Original: Ottawa considering ‘options’ as foreign home buyer ban nears end: minister https:// fed.brid.gy/r/https://globalne ws.ca

Canada's ban on foreign home buyers is approaching its expiration, and a federal minister says the government is considering its 'options' on whether to extend or change the measure. The ban, introduced to cool housing speculation and protect affordability, has been closely watched as home prices remain a top political issue, and its fate is now unclear.

Why now: The ban's imminent expiry is raising uncertainty about Canada's housing market and affordability policy.

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