Prime Minister Justin Trudeau has vowed to place a two-year ban on foreign homebuyers if re-elected, in a bid to address housing affordability in Canada. The nation's housing market has soared during the coronavirus pandemic, up 16 percent year-over-year, according to the Canadian Real Estate Association (CREA). The Liberal Party is one of three major parties focused on this central issue.
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Electoral District (2011):
@93TWQWC3yrs3Y
Only banned from buying homes for profit. If it is for a primary residence, buying is fine.
@93KS3GS3yrs3Y
No, but foreign property owners should be limited in how many homes they can buy and should be heavily taxed whether the property is vacant or not. Foreign corporations should not be allowed to buy residential properties in Canada at all.
@92826LP3yrs3Y
Yes, unless it is their primary residence
@8YZBZFM3yrs3Y
If they arent becoming canadian residents, then yes. Let canadians have a chance to buy homes before outsiders.
@8VRJR5T4yrs4Y
If they are permanent residents, who are employed within the country, no ban
@8VQ37K54yrs4Y
Don't allow foreign purchasing unless they are willing to pay around 20% more for each property, 15% of that going to help locals buy properties.
@8VP44LG4yrs4Y
As long as they live in them
@9D2LB3J2yrs2Y
Only if they do not have a work or study permit FROM a list of acceptable institutions.
@8WF4RKS4yrs4Y
not for 2 years but for 2 months
@8VKFQKX4yrs4Y
Yes, you should also be living in Canada for a max a 6 months out of the year to buy a house.
@8VVB8DW4yrs4Y
If they can do a back flip
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