Canada extends ban on foreign ownership of housing by two years https://www.reuters.com/resizer/wr9AG4qGSdnvrxT3f2W8kOIB2k0=/1080x0/filters:quality(80)/cloudfront-us-east-2.images.arcpublishing.com/reuters/SIOCT63DUFJMJBXO2YYBDRY4YY.jpg
Under the extended ban, foreign commercial enterprises and individuals who are not Canadian citizens or permanent residents will continue to be prohibited from purchasing residential property in Canada . The aim of the ban is to address concerns about Canadians being priced out of housing markets across the country