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I suspect it's only those who are explicitly foreign. Many real estate deals are made through Canada-registered corporations behind which there can be anybody -
by dgudkov 8y ago
I suspect it's only those who are explicitly foreign. Many real estate deals are made through Canada-registered corporations behind which there can be anybody - Canada doesn't track real beneficiaries. The situation has become so dire, that the federal government will spend C$200mln in the next 5 years to fight money laundering in the country, and first of all - in real estate.
- dblohm7 8y agoBC is going to start tracking this. It was just unveiled last week.