Regulatory Changes

New Exemptions to the Foreign Buyers Ban

Posted on Mar 31, 2023 in Regulatory Changes

On January 1st, 2023 the Canadian Federal Government Introduced a two year ban on foreign buyers. While this ban doesn’t directly impact Whistler and Pemberton due to its population - Squamish and areas with higher populations like Vancouver are impacted. As the rules as they were initially introduced have since been modified to allow some foreign...

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January 2023 Wrap Up

Posted on Jan 31, 2023 in Regulatory Changes

2022 was a wild ride. From the Bank of Canada raising their policy interest rate from 0.25% in March to 4.25% in December and sweeping regulatory changes across the sector here's a summary of the most notable real estate stories of 2022. 

Sam Surowy Engle & Völkers Whistler Office

The Government introduced an anti-flipping tax, the Home Buyers Rescission Period and a foreign buyers ban as wel...

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