Canada seems like it has plenty of land left to build on. None of their major cities come close to the size of US cities like Dallas-Fort Worth or Chicago. Any

Canada seems like it has plenty of land left to build on. None of their major cities come close to the size of US cities like Dallas-Fort Worth or Chicago. Any attempts to limit the inflow of Chinese investment will fail. And the more aggressive the government gets, the more Canadians are going to get caught up in it by accident. Chinese people are willing to pay massive premiums for houses and high property taxes, all while not utilizing any of the services those taxes are paying for. Canada would be wise to start incentivizing construction in out-of-the-way places specifically to accommodate these investors. Otherwise, these foreign investors will use their extensive capital to find legal loopholes and will continue to focus on "safer" bets (read: Vancouver housing). It's exactly like the problem with DRM: being aggressive just hurts legitimate consumers because hackers will always find a loophole in the system. So the best course of action is to give customers exactly what they want with minimal friction. Funny that you bring up Mexico because Mexico's system is similar to what I'm proposing: special economic zones and other incentives that ensure that foreign investment flows where the government wants it to.