More detail has been released on the Canadian federal government's impending two-year ban on the purchase of residential real estate by non-Canadians, which comes into force on 1 January 2023. The Prohibition on the Purchase of Residential Property by Non-Canadians Act empowers the courts to order the sale of the acquired property on terms they consider appropriate, which will not exceed the sum paid for the property. Regulations associated with the Act have not yet been passed...