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New Legislation to Drive Multi-Unit Home Construction

With this groundbreaking legislation, BC is set to embark on a journey of housing transformation, providing more options for its residents and aiming to tackle the ongoing housing crisis. The rapid changes set forth by the legislation demonstrate the province’s commitment to ensuring its housing landscape adapts to the evolving needs of its population. It’s […]

Government of Canada Introduces Amendments to Foreign Buyer Ban

On Monday, the Government of Canada announced amendments to the foreign buyer ban, officially called the Prohibition on the Purchase of Residential Property by Non-Canadians Act, to expand exceptions to the regulations, easing concerns for developers nationwide. Amendments Overview: Foreign Control Threshold Raised to 10%: The amendment increases the maximum non-Canadian ownership allowed in real […]