Foreigners will not be able to buy a home in Canada for 2 years

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Foreigners will not be able to buy a home in Canada for 2 years

BY A STAFF REPORTER: Canada's government has taken a tough stand on the purchase of foreign property. Foreigners will not be able to buy any property in Canada for the next two years. Only Canadians can buy property. In addition, the ban on buying property of permanent residents and refugees from other countries has come into effect from Monday.