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Canada s ban on foreigners in the property market won t solve housing shortages. The extension is seen as a political move by Prime Minister Justin Trudeau to address housing affordability concerns before the election. Conservative Party leader Pierre Poilievre blames the government for the crisis.
Canada is facing a housing affordability crisis, which has been blamed on an increase in migrants and international students, fuelling demand for homes just as rising costs have slowed construction.
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