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πŸ‘‰Deputy Prime Minister and Finance Minister Chrystia Freeland announced a two-year extension to the ban on foreign ownership of Canadian housing. With concerns over foreign money driving up real estate prices and impacting housing affordability, the ban, initially set to expire on January 1, 2025, will now remain in effect until January 1, 2027. This move aims to address worries about Canadians being priced out of housing markets in various cities. The government emphasizes its commitment to utilizing all available tools to enhance housing affordability, part of a broader economic plan that includes collaborative efforts with different levels of government to accelerate home construction.βœ… . 𝐁𝐞𝐬𝐭 𝐈𝐧𝐝𝐒𝐚-π‚πšπ§πšππš 𝐟π₯𝐒𝐠𝐑𝐭 𝐝𝐞𝐚π₯𝐬 𝐚𝐰𝐚𝐒𝐭! π‘πšπ‘π¦πšπ§ π“π«πšπ―πžπ₯ π’πžπ«π―π’πœπžπ¬ (πŸ”πŸ’πŸ•) πŸ–πŸ–πŸ—-πŸπŸ•πŸ•πŸ”, πŸ—πŸŽπŸ“-πŸ’πŸπŸ-πŸπŸ•πŸ–πŸ• 𝐬𝐚π₯𝐞𝐬@𝐫𝐚𝐑𝐦𝐚𝐧𝐭𝐫𝐚𝐯𝐞π₯𝐬𝐞𝐫𝐯𝐒𝐜𝐞𝐬.𝐜𝐨𝐦 @rahmantravelservices . . #ForeignOwnershipBan #CanadianHousing #HousingAffordability #RealEstatePolicy #CanadianEconomicPlan #Homeownership #GovernmentInitiative #mnm #malayalisnearmeapp #canadaupdate #canadanews

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