On December 2, 2022, the Privy Council passed an Order in Council confirming regulations related to the Prohibition on the Purchase of Residential Property by Non-Canadians Act (the Act). The Prohibition on the Purchase of...more
Key Highlights -
- Prohibition on the Purchase of Residential Property by Non-Canadians Act comes into force on January 1, 2023.
- Impact of the Act will be clearer once the federal government releases draft...more