Canada addresses housing crisis by extending ban on foreign ownership amid concerns of locals being priced out. Deputy Prime Minister Chrystia Freeland announces a two-year extension, aiming to make housing more affordable. The decision follows a surge in migrants and international students, increasing demand for homes while construction lags behind due to rising costs. Canada also imposes restrictions on international student permits and work permits to alleviate pressure on housing markets.
Canada Extends Ban on Foreign Ownership to Tackle Housing Crisis
- Thread starter hanuman
- Start date