Canada might drop ban on foreigners’ housing investments in 2027: Housing minister
Canada might drop ban on foreigners’ housing investments in 2027: Housing minister
Canada might drop ban on foreigners’ housing investments in 2027: Housing minister
Canada might drop ban on foreigners’ housing investments in 2027: Housing minister
36 Comments
This is, by far, the dumbest move the Carney government will have made if they do this.
Edit – If you think Conservatives would’ve kept out foreign buyers you’re fooling yourself there too. Carney once again proves he’s a Conservative in Liberal coat.
This seems like a dreadful idea and a quick means of restarting the ever increasing pricing of housing. Pricing most of the local population out of ever owning a home is a dreadful idea.
When people say the feds have no control or business on housing realize the feds have massive influence on demand.
The lack of popelation growth is having a big impact on housing and right now housing isnt seen as a good speculative investment
Its a good thing but I feel by 2027 the govt will boost immigration to boost housing and such.
Be honest the govt should get foriegn investment in business and infrastructure not housing
The mask is off. Carney hired a housing minister with over 10 million in personal real estate, Carney is heavily invested in Brookefield.
Does anyone really think these people want housing go lower in price?
Paywalled.
Hasn’t foreign investment been a driver of house prices when they buy up all the properties to rent or sit on as an investment? How is this a solution to anything?
we noticed we havent got our usual 20% apr over the last couple years so we are gonna need to inflate the market again to not lose the super important growth canadians expect and deserve.
This is so disgusting. It seems that all this housing minister is worried about (massive conflict of interest as well btw) is ensuring growth of housing prices. It befuddles me why Carney chose this moron over Nate Erskine-Smith. This is exactly why young ppl are sick of Liberals.
Boomers will love this from their guy. Now they can sell their $1.5 million shanty shack for $3 million because there’s a long line of foreign investors scratching at the opportunity.
God the next election can’t come soon enough, I guess the fat cats in Ottawa have no idea what the people are living
So the party in the pocket of the chinese communist party, as lifting the band to allow a chinese investment, got it
I’m convinced that Liberal voters are all just homeowners who want their property values to just keep going up, and care about literally nothing else regarding Canada.
Weird hill to die on
Just when rents are starting to dip
WHY, freaking WHY??
don’t do it canada
HARDCORE against this. Don’t let money pour into the country and have Toronto become Vancouver 2.0
Yes, further inflate our housing market. Dumbest thing ever.
Wow Canada seriously hates its youth doesnt it? Don’t worry though one day your parents will die and you can hop on the train too!
I understand that a massive voting base is absolutely levered up on debt tied to the equity in their home. There has to be a better solution than constantly sweeping this issue under the rug however.
What better way to lower housing prices than to let people that will not live in houses but them.
This fucks home buyers but protects real estate investors.
Wish I was shocked.
Dumber than Trudeau if true
Look at how the housing market fared under Gregor Roberson in Vancouver. We know whose interests these creeps represent.
This is just peak Canada
Housing prices decline slightly for one year, and our landlord-politician class is already looking to pump the numbers back up. The homeowner boomers would love this though, which is who the LPC seems to be catering to these days anyway.
Greedy people will never learn. They are too psychopathic to learn. It’s seems they cannot grasp the concept of “future”. They will suck every nickel out of an industry and completely destroy it. When it comes time to sell the business (or property) and retire in wealth and luxury, the million they thought they would get might be 350 thousand. They are so “drugged out” on their money, they can’t grasp the concept of future.
I went looking at houses to rent in the summer of 2023 and it was a nightmare. One reason was the number of houses owned by people who weren’t in the country. I found it infuriating that some houses had fallen into disrepair and the rents were ridiculously unreasonable considering the condition they were in.
Bad idea Carney Government. More ideas like this and I’ll vote conservative just to spite you.
You all voted for this.
A lot of MPs must be having trouble selling their 4th house for obscene profit.
This country is dead. As an older established homeowner I won’t suffer because of this, but if I was under 25 I can’t imagine remaining in Canada and trying to build a life in this country.
If there is anything Canadians should revolt over. This is it
You get what you vote for. We all deserve it. Cheers. Merry 2026.
Hate this. Does anyone have a “Why This is Good, for Dummies” primer?
I keep voting liberal for lower house prices and better jobs. It’s definitely gonna happen right?
This government is so fucking out of touch with reality that it’s laughable except the joke has gone too long.
Man fuck this guy so much! NES needed to better message complaining about not continuing as Housing Minister instead of being a petulant child about it cuz this Gregor guy sucks.
Anything to keep the ponzi going.
Liberals don’t care about you, never have. Look at TFW program. They care about their friends and companies big profit margins. Stop voting liberal, we need a shake up.