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Posts tagged with “Foreign Buyer Ban”

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Another Year, No Action: Foreign Buyer Ban Continues to Leave BC Ski Areas Out in the Cold

Several BC ski communities require exemptions from the Foreign Buyer Ban.

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Introducing BCREA’s Government Relations Quarterly Newsletter

On Thursday, March 27, 2025, BCREA launched Government Relations Quarterly (GRQ), a quarterly newsletter to be sent directly to BC REALTORS®.

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Unprecedented Pace of Construction Needed to Offset the Impact of Record Immigration to BC

BCREA’s latest Market Intelligence report forecasts that two significant federal government policies– the Foreign Buyers Ban and record-high immigration targets– will shape housing demand in BC over the next three years.

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2022 Advocacy Year-in-Review

With 2022 now in the rear-view mirror, BCREA’s Government Relations department reflects on a busy and eventful year.

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Federal Foreign Buyers Ban is in Effect

For a period of two years starting January 1, 2023, non-Canadians are banned from purchasing homes in Canada. Here’s what you need to know.

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Canada’s Foreign Buyer Ban Begins in January

While REALTORS® owe their clients an obligation to inform about the act, it allows for penalties on any party found guilty of knowingly assisting a non-Canadian in violating the prohibition.