Prime Minister Justin Trudeau’s government announced Thursday it will ban foreign investors from buying homes in Canada for two years as part of their federal budget.
Finance Minister Chrystia Freeland took a number of measures to tamp down speculation and demand amid record home prices in announcing the federal budget for the year.for people who sell their home within a year, though both measures include multiple exceptions including for permanent residents and foreign students.
get into the market,The government is under pressure to cool an overheated market after prices climbed by more than 20% last year, while rental rates have also been rising.military aid to UkraineEmergency workers search for bodies trapped inside an apartment bombed by Russian forces in Borodyanka, Ukraine on April 6, 2022.and others by promising more than $8 billion Canadian in new military spending over the next five years.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Amazon Prime is about to get more expensive in Canada | EngadgetAmazon is increasing Prime rates in Canada for the first time — it hasn't budged since 2013..
Read more »
Russians collectively hold $130B in crypto, prime minister saysThe Russian finance ministry rushes to finalize crypto legislation as Russians have put more than 10 trillion rubles in cryptocurrencies like Bitcoin, according to the prime minister.
Read more »
Hungary’s Far Right Prime Minister Victor Orbán, a Trump Ally, Wins Fourth TermFar-right nationalist prime minister and longtime Putin-ally Viktor Orbán won his fourth consecutive election in Hungary, aided by biased media coverage and campaign regulations.
Read more »
Pakistani Prime Minister Faces Ouster After Court SetbackPakistan’s top court ruled that Prime Minister Imran Khan acted unconstitutionally when he dissolved Parliament to avoid a vote of no-confidence, setting the stage for lawmakers to vote him out of office
Read more »
Peru’s prime minister cites Hitler as a model, stirring outragePeru’s prime minister cited Adolf Hitler as a model in infrastructure development who turned Germany into a “leading economic power in the world,” a comment that drew outrage as his country continued to descend into political chaos.
Read more »
Crypto Lender Nexo Unveils Digital Asset Prime Brokerage UnitNexo has launched a digital asset brokerage unit to cater to the growing demand for digital assets by institutional, corporate, and high-net-worth investors.
Read more »