Canada’s prohibition on foreign residential property purchases is set to expire on January 1, 2027 and the federal government is signalling it has no intention of simply extending it again. According to a July 2026 analysis by Borden Ladner Gervais LLP (BLG), the Carney government is actively exploring a new post-ban framework — one that would channel offshore capital toward new construction and redevelopment rather than shutting it out entirely.
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