Ottawa will ban foreigners from buying homes in Canada in $10B plan to tackle soaring house prices
The federal government’s budget will put $10 billion into breaking the back of unaffordable housing.
By News on the Net -Peterborough Examiner—— Bio and Archives--April 7, 2022
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Government sources tell the Star that the budget sets in motion a plan to double the pace of housing construction by the end of the decade, slap a ban on foreigners buying Canadian homes, set up tax-free savings accounts for prospective first-time homebuyers and put billions into affordable housing for low-income families.-- More...
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