The latest in mortgage news: Feds amend foreign buyer ban

The article from Canadian Mortgage Trends reports on recent amendments made by the Canadian government regarding the foreign buyer ban. The amendments modify the rules surrounding foreign ownership of residential properties in an effort to balance the housing market and address affordability concerns. The article discusses the key changes, including revised definitions of foreign buyers and exemptions for non-resident property owners. It also highlights the potential impact of these amendments on the real estate market and the overall housing landscape in Canada.