08/23/2026
Because it was simply window dressing, it was a performative decree designed simply to allay racist fears of the general population. It created a scapegoat that didn't exist. It didn't do squat to prices. Interest rates brought prices down.
https://www.cp24.com/news/canada/2026/08/21/canadas-foreign-homebuyer-ban-may-have-missed-the-mark-economist-says/