- The Prohibition on the Purchase of Residential Property by Non-Canadians Act took effect on 1 January 2023.
- It was extended and now runs until 1 January 2027 — watch for any further extension.
- Citizens and permanent residents aren’t affected; there are exceptions for some temporary residents.
- Provincial taxes on foreign buyers apply separately.
Canada’s federal ban on most foreign purchases of homes was introduced for two years and then extended. With the current end date of 1 January 2027 approaching, here’s a plain-language summary.
Who the ban applies to
It applies to “non-Canadians” — broadly, people who are neither citizens nor permanent residents, and corporations controlled by them — buying residential property, including houses with up to three dwelling units and condominium units, in census agglomerations and metropolitan areas.
The main exceptions
Regulations set out exceptions. Among them:
- Some temporary residents who meet work-permit conditions
- Refugee claimants and protected persons
- Purchases of vacant land for development, following 2023 amendments
Provincial rules still apply
Separately from the federal ban, provinces have their own measures — for example Ontario’s Non-Resident Speculation Tax and British Columbia’s additional property transfer tax and speculation and vacancy tax.
Frequently asked questions
Will the ban end on 1 January 2027?
That’s the current end date. The government has extended it before, so check for announcements close to the date.
Can a non-Canadian buy a cottage?
The ban applies to residential property in census metropolitan areas and agglomerations; properties outside those areas may not be covered. Check the specific location with a lawyer.
This article is general information, not legal, tax or financial advice. Rules change and vary by state or province — check the official source or a qualified professional. Last reviewed 10 Nov 2026.