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Amendments to Foreign Buyer Ban Now in Effect

In line with the implementation of the Prohibition on the Purchase of Residential Property by Non-Canadians Act, commonly referred to as the Ban on Foreign Homebuyers in Canada, the Government of Canada has announced a series of amendments to the legislation governing residential property purchases by non-Canadians, which are now in effect.

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Cassandra Carchesio Cassandra Carchesio

Rising Interest Rates Pose Vulnerabilities for CRE Market

For many, the recent increase in interest rates did not come as a surprise. Altus Group's investment trends survey participants predicted an uptick of 75 basis points (bps) and anticipated further increase before the end of the year…

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